International Trade Welfare And The Theory Of General Equilibrium

Author : Sugata Marjit,Saibal Kar
Publisher : Cambridge University Press
Page : 128 pages
File Size : 47,7 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 : Takashi Negishi
Publisher : Unknown
Page : 306 pages
File Size : 48,7 Mb
Release : 1972
Category : Political Science
ISBN : UCAL:B4149382

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General Equilibrium Theory and International Trade by Takashi Negishi Pdf

Author : Avinash K. Dixit,Victor Norman
Publisher : Cambridge University Press
Page : 352 pages
File Size : 46,8 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 : Jacob Louis Mosak
Publisher : Unknown
Page : 222 pages
File Size : 41,8 Mb
Release : 1944
Category : Business & Economics
ISBN : UOM:39015035068405

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General-equilibrium Theory in International Trade by Jacob Louis Mosak Pdf

Author : Avinash Dixit,Victor Norman
Publisher : Cambridge University Press
Page : 352 pages
File Size : 44,8 Mb
Release : 1980-09-30
Category : Business & Economics
ISBN : 9781107717084

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Theory of International Trade by Avinash Dixit,Victor Norman Pdf

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.

Author : Larry S Karp
Publisher : World Scientific
Page : 303 pages
File Size : 40,6 Mb
Release : 2021-12-08
Category : Business & Economics
ISBN : 9789811249884

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Lecture Notes In International Trade Theory: Classical Trade And Applications by Larry S Karp Pdf

Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.

Author : Kenneth W. Clements
Publisher : Routledge
Page : 132 pages
File Size : 40,7 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 : Murray C. Kemp,Henry Y. Wan
Publisher : Taylor & Francis
Page : 70 pages
File Size : 45,6 Mb
Release : 1993
Category : Business & Economics
ISBN : 3718653826

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The Welfare Economics of International Trade by Murray C. Kemp,Henry Y. Wan Pdf

First Published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.

Author : Robert William Dimand
Publisher : Taylor & Francis
Page : 438 pages
File Size : 53,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 041531562X

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The Origins of International Economics: General equilibrium in international trade by Robert William Dimand Pdf

A collection of materials reprinted from various sources.

Author : Avinash Dixit,Norman Victor
Publisher : Unknown
Page : 128 pages
File Size : 41,5 Mb
Release : 2014-01-10
Category : Electronic
ISBN : 1306292522

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Theory of International Trade by Avinash Dixit,Norman Victor Pdf

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.

Author : John Gilbert
Publisher : Emerald Group Publishing
Page : 461 pages
File Size : 46,9 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 : Takashi Negishi
Publisher : Springer Science & Business Media
Page : 178 pages
File Size : 53,6 Mb
Release : 2013-11-19
Category : Business & Economics
ISBN : 9784431544333

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Developments of International Trade Theory by Takashi Negishi Pdf

Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and as well as recent discussions on topics such as immiserizing growth. This book consists of two parts. Part I examines the historical progression of international trade theory, and Part II addresses the modern theory and recent developments of international trade. In this way the book offers a comprehensive evaluation of the non-monetary problems of international economics. Taking advantage of the publication of this new edition, the author includes two new chapters, “Adam Smith and Disequilibrium Economic Theory” and “Complete Specialization in Classical Economics,” which readers will profit from reading after they have studied the basic theories of international trade in the main part of the book.

Author : Harry G. Johnson
Publisher : Routledge
Page : 330 pages
File Size : 46,7 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 : Jacob L. Mosak
Publisher : Unknown
Page : 128 pages
File Size : 47,5 Mb
Release : 1981
Category : International trade
ISBN : OCLC:1110780108

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General Equilibrium Theory in International Trade by Jacob L. Mosak Pdf

Author : Michihiro Ohyama
Publisher : Springer
Page : 232 pages
File Size : 52,6 Mb
Release : 2016-07-11
Category : Business & Economics
ISBN : 9784431558071

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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.