General Equilibrium Growth And Trade Ii

Author : Robert Becker,Michele Boldrin,Ronald Jones
Publisher : Academic Press
Page : 630 pages
File Size : 46,9 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483216386

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General Equilibrium, Growth, and Trade II by Robert Becker,Michele Boldrin,Ronald Jones Pdf

General Equilibrium, Growth, and Trade, Volume II: The Legacy of Lionel McKenzie presents the impact of Lionel McKenzie's contributions on modern economics. This book discusses McKenzie's researches that are relevant in applied economic fields, including general equilibrium, optimal growth, and international trade. Organized into three parts encompassing 24 chapters, this volume begins with an overview of the existence of competitive equilibrium in an economy with a finite number of agents and commodities. This text then presents two analyses that are basically responses to criticism of the development of real indeterminacy. Other chapters consider McKenzie's assumption of irreducibility, which plays a significant role in showing how compensated equilibria will be uncompensated equilibria because agents have cheaper net trade vectors in their feasible sets. This book discusses as well some properties of competitive equilibria for dynamic exchange economies with an infinite horizon and incomplete financial markets. This book is a valuable resource for economists and economic theorists.

Author : Jerry R. Green,Josè Alexandre Scheinkman
Publisher : Academic Press
Page : 422 pages
File Size : 48,8 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483271453

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General Equilibrium, Growth, and Trade by Jerry R. Green,Josè Alexandre Scheinkman Pdf

General Equilibrium, Growth, and Trade: Essays in Honor of Lionel McKenzie provides information pertinent to the three main areas of Professor McKenzie's scientific research, namely, international trade, economic growth, and general equilibrium theory. This book highlights the main aspects of McKenzie's work. Organized into three parts encompassing 21 chapters, this book begins with an overview of the regularizing effects of aggregation over nonregular microrelations. This text then examines the theory of a multiperiod monopolist incurring nonseparable labor adjustment costs, which is developed when investment is irreversible. Other chapters consider the behavior of a price-maker in a competitive market as a preliminary step to a more complete analysis of pure competition. This book discusses as well the effects of uncertainty on optimal decisions, which constitutes an increasingly essential area of economic research. The final chapter deals with the general equilibrium macroeconomic model. This book is a valuable resource for economists and economic theorists.

Author : Jerry R. Green
Publisher : Unknown
Page : 401 pages
File Size : 53,6 Mb
Release : 1979
Category : Electronic
ISBN : 0122987500

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General Equilibrum, Growth, and Trade by Jerry R. Green Pdf

Author : Harry G. Johnson
Publisher : Taylor & Francis
Page : 121 pages
File Size : 44,7 Mb
Release : 2021-07-29
Category : Business & Economics
ISBN : 9781000421217

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The Two-Sector Model of General Equilibrium by Harry G. Johnson Pdf

Originally published in 1971, this book presents in a lucid form the basic model of distribution in a two-sector general equilibrium system. While this model has been used by many economists, this was the first synoptic exposition of it to become readily available to students. The first part develops the two-sector model and its properties, using the geometrical tools of international trade theory. The second applies the model to some standard problems in the theory of income distribution, including the economics of redistributive taxes and subsidies, of trade union organization, and of minimum wage laws. The third part converts the model into a growth model and develops the conditions for convergence on a steady-state growth path and for the maximization of consumption per head at all points of time.

Author : John Gilbert
Publisher : Emerald Group Publishing
Page : 461 pages
File Size : 40,7 Mb
Release : 2010-10-05
Category : Business & Economics
ISBN : 9780857241412

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New Developments in Computable General Equilibrium Analysis for Trade Policy by John Gilbert Pdf

Intends to present the developments in the methodology and practice of CGE techniques as they apply to various issues in international trade policy. This title is suitable for academic researchers working in trade policy analysis and applied general equilibrium, and advanced graduate students in international economics.

Author : Kenneth W. Clements
Publisher : Routledge
Page : 132 pages
File Size : 48,6 Mb
Release : 2017-04-28
Category : Business & Economics
ISBN : 9781351798723

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The Trade Balance in Monetary General Equilibrium by Kenneth W. Clements Pdf

This title, first published in 1984, is a contribution to applied international trade theory. The author explores the specification and estimation of a multisector general equilibrium model of the open economy. The model is formulated with the aim of assessing empirically the effects of three key policy variables on trade flows, domestic prices, and the trade balance. The policy variables with which the author is concerned are the rate of growth of the stock of domestic credit, commercial policy, as represented by tariffs, and, finally, the exchange rate. This title will be of interest to students of economics.

Author : Harry G. Johnson
Publisher : Routledge
Page : 330 pages
File Size : 46,9 Mb
Release : 2017-07-12
Category : Business & Economics
ISBN : 9781351518017

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General Equilibrium Analysis by Harry G. Johnson Pdf

This is a new kind of textbook in microeconomic theory. In place of the usual concentration on partial equilibrium analysis and discussion of a standard series of topics, the authors seek to introduce the student from the start to the general equilibrium approach to microeconomics, in the form of the two-sector model. This model is then applied to a variety of subjects in different special fields of economic analysis: welfare economics, international trade, public finance and income distribution. This book represents a very different approach to the teaching of micro-economic theory than normally followed, and one that will be of greater long-run value to the serious student of economics. In place of the usual textbook development of the subject as traditionally conceived through topics of increasing complexity and analytical difficulty, using partial equilibrium techniques of analysis, the book concentrates on the exposition and application of a more logically integrated set of tools that have been found of greater use in the analysis of problems arising not only in traditional micro-economics but also in a number of fields of economics that have customarily been hived off into separate specialized advanced courses. General Equilibrium Analysis starts with the description of the two-sector model and how these two sectors are built based on the individual micro-units in which they made up of and how they fit into the concept of the circular flow of income. Subsequent chapters deal with the evaluation of changes in factor endowment, demand preferences and technical progress by means of the model; and the theory of government, which includes both the theory of government expenditure, or public goods, and the theory of government tax and/or subsidy programmes-changes in budgetary scale, tax substitution and expenditure substitution. The model is then extended to an open economy-the so-called "two by two by two"--to consider both the normative effect of inte

Author : Avinash K. Dixit,Victor Norman
Publisher : Cambridge University Press
Page : 352 pages
File Size : 40,8 Mb
Release : 1980-09-30
Category : Business & Economics
ISBN : 0521299691

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Theory of International Trade by Avinash K. Dixit,Victor Norman Pdf

This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.

Author : Pascal Bridel
Publisher : Routledge
Page : 200 pages
File Size : 44,9 Mb
Release : 2013-03-01
Category : Business & Economics
ISBN : 9781136719813

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General Equilibrium Analysis by Pascal Bridel Pdf

2010 marks the hundredth anniversary of the death of Léon Walras, the brilliant originator and first formaliser of general equilibrium theory – one of the pillars of modern economic theory. In advancing much derided practical solutions Walras also displayed more concern for the problems of living in a second best world than is common in modern pure theories of the invisible hand, efficient market hypothesis, DSGE macroeconomics or the thinking of some contemporary free market admirers all based on general equilibrium theory. This book brings contributions from the likes of Kenneth Arrow, Alan Kirman, Richard Posner, Amartya Sen and Robert Solow to share their thoughts and reflections on the theoretical heritage of Léon Walras. Some authors reminisce on the part they played in the development of modern general economics theory; others reflect on the crucial part played by general equilibrium in the development of macroeconomics, microeconomics, growth theory, welfare economics and the theory of justice; others still complain about the wrong path economic theory took under the influence of post 1945 developments in general equilibrium theory.

Author : Sugata Marjit,Saibal Kar
Publisher : Cambridge University Press
Page : 128 pages
File Size : 48,9 Mb
Release : 2018-10-18
Category : Business & Economics
ISBN : 9781108592659

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International Trade, Welfare, and the Theory of General Equilibrium by Sugata Marjit,Saibal Kar Pdf

This essential volume reflects the continuing and enduring utility of general equilibrium as a framework of analyses. It attempts to reiterate that understanding broad and holistic consequence of economic events and policies go beyond partial equilibrium perspective. Cutting across areas of research, general equilibrium perspectives in terms of small-scale GE models following the theory and perspectives of Ronald Jones can help readers develop informed judgement regarding critical policies. These include but are not limited to several areas of specific interest - the interaction of financial factors with international trade and implications for the 'real sectors' of the economy, the impact of labour market reforms on the unorganised sectors in developing and transition countries, the non-uniform effects of inflation and deflation on internal and external factor flows, and the sought-after relation between foreign investment and skill accumulation.

Author : Yves Balasko
Publisher : World Scientific
Page : 280 pages
File Size : 50,7 Mb
Release : 2016-05-11
Category : Business & Economics
ISBN : 9789814651721

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Foundations of the Theory of General Equilibrium by Yves Balasko Pdf

The economic theory of general equilibrium underpins the most important models used in economic theory in general and in its more specialized areas such as macroeconomics, international trade, environmental economics, growth theory, and developmental economics. In Foundations of the Theory of General Equilibrium, leading academic scholar, Yves Balasko offers a good introduction to the economic theory of general equilibrium and makes use of various mathematical tools as intuitive and easy as possible. The second half of the book addresses properties of the general equilibrium model that are still at the frontier of current research. These properties deal with the characterization of economies with a unique equilibrium and, more generally, with the relationships between the number of equilibria and the fundamentals of an economy. Contents:The Exchange ModelA Simple Linear Version of the Exchange ModelThe Exchange Model with Two Goods and Two ConsumersConsumer TheoryThe Equilibrium ManifoldThe Natural ProjectionEquilibrium Analysis for Fixed Total ResourcesThe Natural Projection and Envelope TheoryA Duality TheorySeveral Extensions of the General Equilibrium Model Readership: Graduate students in mathematics who want to specialize in economics and mathematical economics; researchers and professionals who will find in this book a detailed account of some of the most current developments of a difficult but essential theory.

Author : E. Roy Weintraub
Publisher : University of Michigan Press
Page : 212 pages
File Size : 42,6 Mb
Release : 1993
Category : Business & Economics
ISBN : 047208223X

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General Equilibrium Analysis by E. Roy Weintraub Pdf

A profound, innovative, and lively exploration of the nature of the theory at the very center of economics

Author : John Piggott,John Whalley
Publisher : Springer Science & Business Media
Page : 155 pages
File Size : 42,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642501678

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Applied General Equilibrium by John Piggott,John Whalley Pdf

Over the last 20 years, applied general equilibrium (AGE) modelling has developed from a small academic research program into a routinely used policy assessment tool. Major governments and international agencies maintain AGE research groups, and call for their input to a variety of trade, tax, and other resource allocation issues. This book is a collection of papers representative of recent activity in this field. Contributions have been grouped into a methodological section, a trade section, and a section on energy issues, and this division accurately indicates the focus of the volume. Readers will thus have access to up to date techniques and results currently being used by researchers at the forefront of the research program.

Author : Pasquale L. Scandizzo,Food and Agriculture Organization of the United Nations. Agriculture and Economic Development Analysis Division
Publisher : Food & Agriculture Org.
Page : 120 pages
File Size : 43,6 Mb
Release : 1995
Category : Business & Economics
ISBN : 9251036330

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Trade Patterns, Cooperation and Growth by Pasquale L. Scandizzo,Food and Agriculture Organization of the United Nations. Agriculture and Economic Development Analysis Division Pdf

Author : Jaime De Melo,David G. Tarr
Publisher : MIT Press
Page : 320 pages
File Size : 42,9 Mb
Release : 1992
Category : Business & Economics
ISBN : 0262041227

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A General Equilibrium Analysis of US Foreign Trade Policy by Jaime De Melo,David G. Tarr Pdf

The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.