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International Trade and National Welfare by Murray C. Kemp Pdf
When can a country be said to benefit from free trade? This question has obsessed economists for more than 200 years, and a definitive answer has never been provided. Continuing the influential work begun in The Gains from Trade and the Gains from Aid, (Routledge 1995), Murray Kemp here presents the recent progress he and his co-workers have made in tackling this important question.
International Trade, Economic Development and National Welfare by Kausik Gupta,Jayanta Kumar Dwibedi Pdf
This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasising the significance of economic development within policymaking, the book covers important issues like the provisioning of public goods, its implication in a liberalised regime, crime and corruption, skilled–unskilled wage inequality, income distribution and unemployment, environmental regulation and role of educational capital and informal sector. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment to tariff reforms, gender wage gap and issues related to globalisation, income distribution and unemployment. The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics and labour economics and to those working on theoretical research on applications of general equilibrium trade models in developing countries.
Author : M. Kemp,H. Wan Publisher : Taylor & Francis Page : 74 pages File Size : 49,9 Mb Release : 2013-09-05 Category : Business & Economics ISBN : 9781136455841
The Welfare Economics of International Trade by M. Kemp,H. Wan Pdf
This book provides a careful account of the leading propositions about the welfare gains associated with international trade and investment under differing institutional arrangements and policy choices.
International Trade, Economic Development and National Welfare by Kausik Gupta,Jayanta Kumar Dwibedi Pdf
"This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasizing the significance of economic development within policymaking, the book covers important issues like provisioning of public goods, its implication in a liberalized regime, crime and corruption, skilled-unskilled wage inequality, income distribution and unemployment, environmental regulation, role of educational capital and informal sector, etc. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment of tariff reforms, gender wage gap and issues related to globalization, income distribution and unemployment. The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics, labor economics and for those working on theoretical research on applications of general equilibrium trade models in developing countries"--
Economic Integration and International Trade by Carsten Kowalczyk Pdf
Reproduces from their original publication 30 studies that work within a theory of economic integration that assumes a world where governments strive to maximize national income, which not all theories do. They do not include examples of the current research on the political economy of integration. The discussions are cast in terms of trade of goods, but the ideas should transfer easily to trade in services. They cover trade diversion and creations and the general theory of second best, tariff changes and welfare, optimum tariffs and retaliation, tariff reform, integration and national welfare, customs union welfare, world welfare, customs unions versus free trade areas, integration and sidepayments, and integration and growth. The topics include customs union from a single-country viewpoint, trade and welfare in general equilibrium, a theory of piecemeal policy, inter- commodity substitution with constant real prices, delegation games in customs unions, the move toward free trade zones, and measurable dynamic gains from trade. There is no subject index. Annotation copyrighted by Book News, Inc., Portland, OR
National Welfare and Economic Interdependence by Ebba Dohlman Pdf
This book explores the tension which exists in industrial Western States which are committed to the liberalization of trade, but which at the same time are increasingly expected to provide economic security not only for traditional defensive purposes, but also for the social welfare of thenation as a whole.This tension is particularly acute in neutral countries such as Sweden, where many contradictions and inconsistencies have emerged in the government's economic policy of subsidies and trade restrictions. Dr Dohlman reassesses the relationship between national economic security and the internationaltrading order, both in general and with regard to the particular problems that this relationship poses for neutral states. Her findings have far-reaching implications both for the future of Sweden's economic security, and for other industrialized countries in an increasingly protectionistenvironment.
Tourism, Trade and National Welfare by Bharat R. Hazari,Pasquale Sgro Pdf
Volume 265 of the Contributions to Economic Analysis book series covers, among others, subject areas such as Tourism and Trade; A Two-Sector General Equilibrium Model of a Small Open Economy; Non-Traded Goods and Tourism in the Pure Theory of Trade; Tourism, Taxes and Immiserization in a Two-Country Trade Model; Price Discrimination, Tourism and Welfare; Guest Workers and Resident Immiserization; Terms of Trade and Resident Welfare; Tourism in the Generalized Harris-Todaro Model and Regional Immiserization; and Growth in a Dynamic Model of Trade.
Single World, Divided Nations? by Robert Z. Lawrence Pdf
The world economy has undergone miraculous changes in the last decade, particularly in developing and former communist countries. Privatization and trade liberalization have replaced the protectionist and statist policies that were deeply entrenched in these areas just ten years ago. Today, these dynamic emerging markets offer attractive opportunities. According to Robert Lawrence, liberal international trade and investment should provide significant opportunities for gains in developing and developed nations alike. But will the developed countries be allowed to keep their markets open and absorb exports from developing countries? Many in the U.S. and Europe blame international trade for unemployment and wage inequality. But what is the real relationship? Lawrence contends that while trade has played some role in reducing the wages of poorly educated workers in the U.S. and in raising the unemployment of unskilled workers in Europe, its impact has been small compared with other causes of these changes. Lawrence examines the role of trade in developed and developing countries and its impact on labor markets and wage inequality, and discusses what he considers the more important effects of technological and organizational change. He begins by focusing on U.S. wage behavior, then moves to wage behavior in the OECD countries. Lawrence concludes that the impact of globalization on OECD labor markets has been far less damaging than many have argued and, indeed, that international trade enhances national welfare. He presents considerable evidence that the sources of poor labor market performance are essentially domestic—they reflect ongoing technological and organizational shocks that would be present even if the economy was closed. This evidence suggests that international differences in wage rates and labor standards are not major factors in OECD labor market behavior. He explains that the major challenges to policy are educating the public on t
Melvyn B. Krauss,International Center for Economic Policy Studies
Author : Melvyn B. Krauss,International Center for Economic Policy Studies Publisher : New York : Published by New York University Press for the International Center for Economic Policy Studies Page : 152 pages File Size : 47,6 Mb Release : 1978 Category : Business & Economics ISBN : UCAL:B4386429
In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each covers an overarching research program in trade theory — Factor-Endowments Theory, Economies of Scale, International Factor Markets, Regional Integration, the Political Economy of Trade Policy, and Administered Protection. An additional section for important papers outside of those programs is also included. With papers originally written in the 1970s all the way up to recent times, Ethier provides contemporary commentary for each section, referring to further sources, candid accounts on the state of international trade theory at the time and how each paper contributed to further improvements of their respective research program. Contents:Factor-Endowments TheoryEconomies of ScaleInternational Factor MarketsRegional IntegrationThe Political Economy of Trade PolicyAdministered ProtectionSome Topics in Trade Theory Readership: Undergraduate and postgraduate students in International Trade Theory and Economics, and interested members of the general public. Key Features:Written in a candid manner suitable for the general public and for introductory courses on International Trade TheoryAlso includes recommendations of further reading material beyond the volumeKeywords:International Trade;Scale Economies;Factor Endowments;Political Economy of Trade Policy;Economic Integration
Author : Pamela J. Smith Publisher : John Wiley & Sons Page : 297 pages File Size : 48,5 Mb Release : 2013-07-09 Category : Political Science ISBN : 9781118357705
Using a unique, question-based format, Global Trade Policy offers accessible coverage of the key questions in trade and policy; it charts the changing policy landscape and evolving institutional arrangements for trade policies, examines trade theory, and provides students with an economic framework to better understand the current issues in national and international trade policy. Uses a unique, question-based format to explore the questions and current debates in international trade policy and their implications Explores trade theory to help guide discussions of trade policy, including traditional theories of inter-industry trade, as well as newer theories of intra-industry and intra-firm trade Examines the national and international effects of widely used policies designed to directly and indirectly affect trade, and considers the evolving institutional arrangements for these Charts the changing policy landscape from traditional trade policies – such as tariffs, quantitative restrictions, and export subsidies – to those including intellectual property rights, labor, the environment, and growth and development policies Covers national as well as global perspectives and their interaction, helping to explain opposing views on trade policy and liberalization Includes applied exercises enabling students to explore open-ended and realistic questions of policy debate, making it ideal for classroom use; an instructor’s manual and a range of other resources are available at www.wiley.com/go/globaltradepolicy
Macroeconomics, Trade, and Social Welfare by Michihiro Ohyama Pdf
This book develops new, original methods of welfare comparison and comparative dynamics between distinct and discretely positioned (rather than continuously related) socioeconomic situations. These methods are not only realistic but also extremely relevant to serious economic problems. Using them, the book sheds illuminating new light on the theoretical analysis of Keynesian economics and other important issues of political economy. For instance, it shows that the principle of effective demand applies exactly as Keynes put it to the unemployment equilibrium in the short run. It also shows that the equilibrium may change along the expansion path as the government chooses to vary its expenditure to maximize national welfare. The same methods are effectively employed theoretically to investigate modern trade policy issues such as gains from trade, the theory of tariffs, free trade agreements, and the role of the WTO. Those methods are also used to study the welfare and efficiency of various socioeconomic situations.
