Specialization And Trade

Author : Arnold Kling
Publisher : Cato Institute
Page : 212 pages
File Size : 41,9 Mb
Release : 2016-06-14
Category : Business & Economics
ISBN : 9781944424169

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Specialization and Trade by Arnold Kling Pdf

Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Author : Kenneth J. Arrow,Yew-Kwang Ng,Xiaokai Yang
Publisher : Springer
Page : 478 pages
File Size : 49,6 Mb
Release : 1998-04-12
Category : Business & Economics
ISBN : 9781349262557

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Increasing Returns and Economic Analysis by Kenneth J. Arrow,Yew-Kwang Ng,Xiaokai Yang Pdf

Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

Author : Ronald Findlay
Publisher : Unknown
Page : 152 pages
File Size : 53,7 Mb
Release : 1970
Category : Business & Economics
ISBN : UOM:39015035097339

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Trade and Specialization by Ronald Findlay Pdf

Author : Wang Wei
Publisher : Elsevier
Page : 204 pages
File Size : 43,8 Mb
Release : 2013-05-09
Category : Business & Economics
ISBN : 9780857094476

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Vertical Specialization and Trade Surplus in China by Wang Wei Pdf

The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims to measure the level of VS in the Chinese manufacturing industry to provide a more accurate representation of China’s trade surplus, and gives empirical analysis on provinces and products with important VS activities in order to assess China’s trade value-added. Exploring the vertical division of labour, and foreign direct investment (FDI) driving China’s import and export imbalance, the book is divided into eight chapters, each covering an aspect of VS in China. The first chapter outlines the aims and method of the study. Chapter two covers VS trade pattern and trade surplus. Chapter three looks at FDI and the import and export imbalance, and chapter four covers the relationship between VS and import and export of foreign invested enterprises. The fifth chapter considers the causes and prospects for growth in China-US and China-Japan trade. Chapters six and seven give an empirical analysis of VS and trade surplus, and a breakdown of VS per industry in China’s provinces. Finally, chapter eight considers rebalancing imports and exports in China. Measures VS across China including the developed provinces based on the newest input-output table Presents the main provinces and products closely related to VS Gives evidence on global VS trade patterns from China’s national data

Author : Crespo, Nuno,Simoes, Nadia
Publisher : IGI Global
Page : 446 pages
File Size : 48,9 Mb
Release : 2021-06-18
Category : Business & Economics
ISBN : 9781799875697

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Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management by Crespo, Nuno,Simoes, Nadia Pdf

International trade is a key dimension of the world economy, it is a critical factor in raising living standards, increasing employment, and providing a larger variety of goods to consumers around the world. Despite the strong focus that international trade research has received in theoretical terms, the empirical aspects of trade are less clear and justify further research. In this context, it is essential for studies to focus on shedding light on the most important methods used to evaluate the multiple dimensions of trade within this international context. Trade has a myriad of direct and indirect effects, therefore touching several fields of research, including economics, management, finance, international relations, political science, and sociology, which makes it essential to explore. The Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management provides a systematic overview of the latest trends in the empirical analysis of trade from international perspectives. It provides a survey on the methods used to evaluate a specific topic in international trade, enhance knowledge about the multiple facets of international trade around the world, and grant in-depth surveys of previous empirical findings on specific topics in international trade. Important topics covered within this book include trade diversification, regional centrality, ethical pricing, globalization, cultural impacts, and open economies. This book is a valuable reference tool for government officials, policy makers, managers, executives, economists, practitioners, stakeholders, researchers, academicians, and students.

Author : Pier Carlo Padoan
Publisher : Unknown
Page : 50 pages
File Size : 43,5 Mb
Release : 1996
Category : Diffusion of innovations
ISBN : UCSD:31822023731367

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Trade and the Accumulation and Diffusion of Knowledge by Pier Carlo Padoan Pdf

Author : Adam Smith
Publisher : Unknown
Page : 522 pages
File Size : 45,7 Mb
Release : 1822
Category : Economics
ISBN : UCAL:$B87540

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An Inquiry Into the Nature and Causes of the Wealth of Nations by Adam Smith Pdf

Author : OECD
Publisher : OECD Publishing
Page : 351 pages
File Size : 47,6 Mb
Release : 2011-10-20
Category : Electronic
ISBN : 9789264113084

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Globalisation, Comparative Advantage and the Changing Dynamics of Trade by OECD Pdf

This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

Author : Arnold S. Kling
Publisher : Unknown
Page : 128 pages
File Size : 48,7 Mb
Release : 2016-07
Category : Economic specialization
ISBN : 1944424172

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Specialization and Trade by Arnold S. Kling Pdf

Author : Arnold S. Kling
Publisher : Unknown
Page : 224 pages
File Size : 55,6 Mb
Release : 2016-06-14
Category : Business & Economics
ISBN : 1944424156

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Specialization and Trade by Arnold S. Kling Pdf

Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Author : Elhanan Helpman,Assaf Razin
Publisher : MIT Press
Page : 316 pages
File Size : 52,8 Mb
Release : 1991
Category : Business & Economics
ISBN : 0262081997

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International Trade and Trade Policy by Elhanan Helpman,Assaf Razin Pdf

Centering on questions of the potential optimality of some trade protection, these original contributions present research at the frontier of international trade and trade policy. They expand and test the new trade theory that has developed during the last decade, incorporating elements of industrial organization and political economy into the study of trade structure and the formation of trade policy. Essays in the first two parts take up trade policy, addressing issues such as the formation of trading blocks, strategic trade policy, the political economy of protection, growth-oriented trade policies, and including empirical studies of the welfare effects of quality - upgrading voluntary export restrictions and import quotas. Essays in the third part discuss various structural issues such as trade in services, intersectoral adjustments, and the advantage of early entry. Elhanan Helpman and Assaf Razin are Professors of Economics at Tel Aviv University and NBER Research Associates. Contents: Trade Policy: Theory. Is Bilateralism Bad? Paul R. Krugman. Strategic Trade Policy and Direct Foreign Investment: When Are Tariffs and Quotas Equivalent? James A. Levinsohn. Making Altruism Pay in Auction Quotas, Kala Krishna. On the Ineffectiveness of Made-to-Measure Protectionist Programs, Aaron Tornell. Export Subsidies and Price Competition, Peter Neary. Adverse Selection in Credit Markets and Infant Industry Protection, Harry Flam and Robert W. Staiger. Protection, Politics, and Market Structure, Arye L. Hillman. Growth and Welfare in a Small Open Economy, Gene M. Grossman and Elhanan Helpman. Trade Policy: Evidence. Quality Upgrading and Its Welfare Cost in U.S. Imports, 1969-74, Randi Boorstein and Robert C. Feenstra. Counting the Cost of Voluntary Export Restraints in the European Car Market, Alasdair Smith and Anthony J. Venables. Structural Issues. Services in International Trade, Wilfred J. Ethier and Henrik Horn. First-Mover Advantages, Blockaded Entry, and the Economics of Uneven Development, James R. Markusen. Wage Sensitivity Rankings and Temporal Convergence, Ronald W. Jones and Peter Neary.

Author : Lawrence J. Gitman,Carl Mcdaniel,Amit Shah
Publisher : Unknown
Page : 0 pages
File Size : 47,6 Mb
Release : 2023-05-19
Category : Electronic
ISBN : 1998109313

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Introduction to Business by Lawrence J. Gitman,Carl Mcdaniel,Amit Shah Pdf

Author : Douglas A. Irwin
Publisher : Princeton University Press
Page : 290 pages
File Size : 55,8 Mb
Release : 1998-01-11
Category : Business & Economics
ISBN : 0691058962

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Against the Tide by Douglas A. Irwin Pdf

A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.

Author : Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen
Publisher : International Monetary Fund
Page : 87 pages
File Size : 49,9 Mb
Release : 2012-01-15
Category : Business & Economics
ISBN : 9781463973100

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Changing Patterns of Global Trade by Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen Pdf

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

Author : Catherine L. Mann
Publisher : Peterson Institute
Page : 226 pages
File Size : 47,9 Mb
Release : 1999
Category : Business & Economics
ISBN : 0881322644

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Is the U.S. Trade Deficit Sustainable? by Catherine L. Mann Pdf

The global financial crisis of 1997-98 and the widening US trade deficit have precipitated fresh inquiry into a set of perennial questions about global integration and the US economy. How has global integration affected US producers and workers, and overall growth and inflation? Is a chronic and widening deficit sustainable, or will the dollar crash, perhaps taking the economy with it? If the problem was one of "twin deficits," as many thought, why has the trade deficit continued to grow even as the budget deficit narrowed to zero? If US companies are so competitive, why does the trade deficit persist? Is the trade deficit a result of protectionism abroad? Will it lead to protectionism at home? What role do international capital markets have? Each chapter presents relevant data and a simple analytical framework as the basis for concise discussions of these major issues. The final section of the book provides an outlook for the deficit and suggests alternative policy courses for dealing with it. This book is designed for policymakers and others who are interested in the US role in the world economy. It is also suitable for courses in international economics, business, and international affairs.