Factor Proportions Trade And Growth

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Factor Proportions, Trade, and Growth

Ronald Findlay
Factor Proportions Trade and Growth Book PDF

Author : Ronald Findlay
Publisher : MIT Press
Page : 202 pages
File Size : 46,7 Mb
Release : 1995
Category : Business & Economics
ISBN : 0262061759

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Factor Proportions, Trade, and Growth by Ronald Findlay Pdf

In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously. The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor, and capital--as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously.Findlay extends the factor proportions theory of international trade to consider capital accumulation, income distribution, and factor mobility in a growing world economy. Among the questions he addresses are such fundamental issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of comparative advantage and the reciprocal effect of international trade on these variables through its impact on wage differentials between skilled and unskilled workers; the incorporation of new territories into a trading system by extensions of the frontier and labor migration as in the establishment of the Atlantic economy of the nineteenth century; and the impact of reductions in transport costs of industrial raw materials on global patterns of manufacturing activity and comparative advantage.The Ohlin Lectures

The Science of Economic Development and Growth: The Theory of Factor Proportions

C.C. Onyemelukwe
The Science of Economic Development and Growth The Theory of Factor Proportions Book PDF

Author : C.C. Onyemelukwe
Publisher : Routledge
Page : 690 pages
File Size : 47,5 Mb
Release : 2016-07-08
Category : Business & Economics
ISBN : 9781315500119

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The Science of Economic Development and Growth: The Theory of Factor Proportions by C.C. Onyemelukwe Pdf

A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.

Dynamics, Economic Growth, and International Trade

Bjarne Sloth Jensen,Kar-yiu Wong
Dynamics Economic Growth and International Trade Book PDF

Author : Bjarne Sloth Jensen,Kar-yiu Wong
Publisher : University of Michigan Press
Page : 385 pages
File Size : 45,7 Mb
Release : 2010-03-11
Category : Business & Economics
ISBN : 9780472026418

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Dynamics, Economic Growth, and International Trade by Bjarne Sloth Jensen,Kar-yiu Wong Pdf

While endogenous growth theory has claimed success in modeling various factors of growth and providing an analysis of sustainable economic growth, most of the growth models in published work are for closed economies. The omission of international trade, which is often regarded as the engine of growth, greatly reduces their usefulness. The theory of international trade, on the other hand, is characterized by models that are mainly static. While interest in the dynamics of trade has been growing, there is still little work in this area. The success of the newly industrialized economies that have adopted trade-oriented policies suggests how limited present trade theory is in explaining and analyzing the growth of these economies. The work collected here serves to bridge the "old" growth theory and "new" growth theory; merge growth and trade theory; suggest new analysis and techniques of economic growth; and provide analysis of new issues related to growth and trade. The first chapter surveys endogenous growth and international trade and critically reviews the endogenous growth theory with a unified framework, covering the work on both closed and open economies. Three chapters examine the dynamics of some basic trade models; two chapters focus on growth and trade with endogenous accumulation of human and public capital; two chapters on economic growth, technological progress, and international trade; and two chapters on growth and international factor movements. Contributors include Eric W. Bond, Theo S. Eicher, Rolf Färe, Oded Galor, Shawna Grosskopf, Bjarne S. Jensen, Pantelis Kalaitzidakis, Shoukang Lin, Ngo Van Long, Kazuo Nishimura, Koji Shimomura, Kathleen Trask, Stephen J. Turnovsky, Pham Hoang Van, Henry Wan, Jr., Chunyan Wang, and Kar-yiu Wong. Bjarne S. Jensen is Associate Professor of Economics, Copenhagen Business School. Kar-yiu Wong is Professor of Economics, University of Washington, Seattle.

Center Discussion Paper

Yale University. Economic Growth Center
Center Discussion Paper Book PDF

Author : Yale University. Economic Growth Center
Publisher : Unknown
Page : 26 pages
File Size : 42,8 Mb
Release : 1979
Category : Economic development
ISBN : STANFORD:36105013060905

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Center Discussion Paper by Yale University. Economic Growth Center Pdf

International Trade and Economic Growth (Collected Works of Harry Johnson)

Harry G. Johnson
International Trade and Economic Growth Collected Works of Harry Johnson Book PDF

Author : Harry G. Johnson
Publisher : Routledge
Page : 174 pages
File Size : 48,8 Mb
Release : 2013-07-18
Category : Business & Economics
ISBN : 9781134622795

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International Trade and Economic Growth (Collected Works of Harry Johnson) by Harry G. Johnson Pdf

The studies collected in this volume embody the results of research conducted in the mid 1950s into various theoretical problems in international economics. They fall into three groups – comparative cost theory, trade and growth and balance of payments theory. This volume consolidates the work of previous theorists and applies mathematically-based logical analysis to theoretical problems of economic policy.

An Essay on Trade and Transformation

Staffan Burenstam Linder
An Essay on Trade and Transformation Book PDF

Author : Staffan Burenstam Linder
Publisher : Unknown
Page : 208 pages
File Size : 50,6 Mb
Release : 1961
Category : Commerce
ISBN : CORNELL:31924013803311

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An Essay on Trade and Transformation by Staffan Burenstam Linder Pdf

Comparative Advantage, Growth, and the Gains from Trade and Globalization

Robert M. Stern
Comparative Advantage Growth and the Gains from Trade and Globalization Book PDF

Author : Robert M. Stern
Publisher : World Scientific
Page : 716 pages
File Size : 42,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9789814340373

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Comparative Advantage, Growth, and the Gains from Trade and Globalization by Robert M. Stern Pdf

Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."

Convergence, Divergence and Changing Trade Patterns

Klaus Wälde
Convergence Divergence and Changing Trade Patterns Book PDF

Author : Klaus Wälde
Publisher : Springer Science & Business Media
Page : 149 pages
File Size : 47,6 Mb
Release : 2013-04-17
Category : Business & Economics
ISBN : 9783642500343

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Convergence, Divergence and Changing Trade Patterns by Klaus Wälde Pdf

1. Introduction and overview Until still few years ago, economic growth theory (going back to Solow, 1956; for an introduction cf. Burmeister and Dobell, 1970) predicted convergence of both growth rates and level of per capita income of economies which share identical preferences, technologies and same population growth rates, independently of initial conditions. Countries with a low capital stock grow faster than those with a higher capital stock, until, in the long-run, they all converge to a common constant growth rate. This prediction is due to the way how growth is "explained" in models of this kind. Growth of output per capita resulted, in the simplest model, from an exogenous growth oflabour productivity (see e. g. Sala-i-Martin, 1990; Grossman and Helpman, 1991a, ch. 2). Si!1ce this increase of productivity is exogenously given, the model itselfdoes not give any explanation ofits source. The prediction ofconvergence ofgrowth rates, itself, is very doubtful and observations show, that on an international level either convergence is not given at all, or that it takes a very long time. The literature of the "new" theory of growth provides a rich variety of models whose theoretical implications range from divergence to convergence and thus offers much better working tools in order to analyze real world observations. These models (starting with Romer, 1986 and Lucas, 1988) explain growth of GNP or per capita income from within the model by includingexternal effects such as a public stock ofknowledge capital (e. g.

International Trade

Jitendralal Borkakoti
International Trade Book PDF

Author : Jitendralal Borkakoti
Publisher : Bloomsbury Publishing
Page : 617 pages
File Size : 44,7 Mb
Release : 2017-03-01
Category : Business & Economics
ISBN : 9781349270149

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International Trade by Jitendralal Borkakoti Pdf

A rigorous and comprehensive text dealing primarily with the determinants of the pattern of trade gains from trade and trade policy. Spanning the old theories (the Ricardian hypothesis, the static and dynamic Heckscher-Ohlin model, the neofactor proportions and the neotechnology theories) it also contains the new theories (including various models of intra-industry trade and the dynamic models of endogenous growth and trade). Gains from trade and trade policy issues are comprehensively analysed. The various theories are presented verbally, geometrically and mathematically.

The Science of Economic Development and Growth: The Theory of Factor Proportions

C.C. Onyemelukwe
The Science of Economic Development and Growth The Theory of Factor Proportions Book PDF

Author : C.C. Onyemelukwe
Publisher : Routledge
Page : 430 pages
File Size : 52,8 Mb
Release : 2016-07-08
Category : Business & Economics
ISBN : 9781315500126

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The Science of Economic Development and Growth: The Theory of Factor Proportions by C.C. Onyemelukwe Pdf

A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.