The Ricardian

Author : Yoshinori Shiozawa,Tosihiro Oka,Taichi Tabuchi
Publisher : Springer
Page : 303 pages
File Size : 40,6 Mb
Release : 2017-03-30
Category : Business & Economics
ISBN : 9789811001918

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A New Construction of Ricardian Theory of International Values by Yoshinori Shiozawa,Tosihiro Oka,Taichi Tabuchi Pdf

This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization allowing intermediate inputs; examining how the new theory gives a new horizon to the Neo-Ricardian trade theory; investigating competitiveness, the long-period method, and potentiality from the perspectives of the new theory; discussing Mill's conversion toward neoclassical revolution; scrutinizing how the concept of comparative advantage has developed and diverged from Ricardo’s trade theory; discussing the purification of Marshall's value theory through Mill’s influence; reviewing the controversies on international values among Japanese economists; considering the value-added trade based on the Ricardian value theory; and lastly giving a mathematical explanation of the definitions and theorems of the new theory./pp

Author : Esther Lowenthal
Publisher : Legare Street Press
Page : 0 pages
File Size : 40,6 Mb
Release : 2022-10-27
Category : History
ISBN : 101688561X

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The Ricardian Socialists by Esther Lowenthal Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Ronald Winthrop Jones
Publisher : World Scientific Publishing Company
Page : 0 pages
File Size : 44,7 Mb
Release : 2018
Category : International trade
ISBN : 9813200669

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International Trade Theory and Competitive Models by Ronald Winthrop Jones Pdf

World-renowned economist Ronald W. Jones gets to the essence of international trade theory in this collection of articles that span over half a century of his published work. As the global economy has grown, so too has the need for a deeper rooted understanding of trade -- and its assorted benefits. With clear, simplifying prose, Jones elucidates the Ricardian, Heckscher-Ohlin, and Specific-Factors models of general equilibrium theory. Jones' pioneering work anticipates, among other changes in our time, the creation of far-flung supply chains brought about by the falling costs of service links. The theoretical, technical, and historical insights in the text are peppered with personal notes that capture modern intellectual development in the field, providing a bedrock foundation in international trade for students and practitioners alike.

Author : Priyaranjan Jha
Publisher : World Scientific
Page : 161 pages
File Size : 45,8 Mb
Release : 2020-09-21
Category : Business & Economics
ISBN : 9789811220852

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Lecture Notes In International Trade: An Undergraduate Course by Priyaranjan Jha Pdf

This book provides a comprehensive discussion of the economics of International Trade.Key questions related to why countries trade, how they gain from trade, and how international trade can produce winners and losers are answered. The last of these questions is related to the connection of trade to inequality in the distribution of income.The book uses both theoretical models and empirical evidence to answer these questions. It also provides a discussion of the economics of labor migration and international capital mobility. The book also provides a detailed discussion of the welfare implications of various trade policy instruments such as tariffs, quotas, export subsidies etc. This is followed by a discussion of the process of actual policymaking in democratic societies which goes into the realm of political economy. The focus here is on the political economy of trade policy. It also provides a discussion of the economics of preferential trading agreements and a history of multilateral trading agreements under the aegis of GATT (General Agreement on Tariffs and Trade) and its evolution into the World Trade Organization (WTO).

Author : Rajani Kannepalli Kanth
Publisher : Rowman & Littlefield Publishers
Page : 216 pages
File Size : 42,6 Mb
Release : 1986
Category : Business & Economics
ISBN : STANFORD:36105040405016

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Political Economy and Laissez-faire by Rajani Kannepalli Kanth Pdf

To find more information about Rowman and Littlefield titles, please visit www.rowmanlittlefield.com.

Author : Jean-Pascal Bénassy
Publisher : MIT Press
Page : 215 pages
File Size : 40,9 Mb
Release : 2007
Category : Equilibrium (Economics)
ISBN : 9780262026130

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Money, Interest, and Policy by Jean-Pascal Bénassy Pdf

An important recent advance in macroeconomics is the development of dynamic stochastic general equilibrium (DSGE) macromodels. The use of DSGE models to study monetary policy, however, has led to paradoxical and puzzling results on a number of central monetary issues including price determinacy and liquidity effects. In Money, Interest, and Policy, Jean-Pascal Benassy argues that moving from the standard DSGE models - which he calls "Ricardian" because they have the famous "Ricardian equivalence" property-to another, "non-Ricardian" model would resolve many of these issues. A Ricardian model represents a household as a homogeneous family of infinitely lived individuals, and Benassy demonstrates that a single modification-the assumption that new agents are born over time (which makes the model non-Ricardian)-can bridge the current gap between monetary intuitions and facts, on one hand, and rigorous modeling, on the other. After comparing Ricardian and non-Ricardian models, Benassy introduces a model that synthesizes the two approaches, incorporating both infinite lives and the birth of new agents. Using this model, he considers a number of issues in monetary policy, including liquidity effects, interest rate rules and price determinacy, global determinacy, the Taylor principle, and the fiscal theory of the price level. Finally, using a simple overlapping generations model, he analyzes optimal monetary and fiscal policies, with a special emphasis on optimal interest rate rules

Author : Anonim
Publisher : Unknown
Page : 480 pages
File Size : 54,9 Mb
Release : 2003
Category : Great Britain
ISBN : IND:30000100695224

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The Ricardian by Anonim Pdf

Author : Shigeyoshi Senga,Masatomi Fujimoto,Taichi Tabuchi
Publisher : Taylor & Francis
Page : 276 pages
File Size : 41,8 Mb
Release : 2017-05-18
Category : Business & Economics
ISBN : 9781351686167

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Ricardo and International Trade by Shigeyoshi Senga,Masatomi Fujimoto,Taichi Tabuchi Pdf

David Ricardo’s theories have been widely studied and discussed, including the prominent theory on comparative advantage. Ricardo and International Trade looks at the ongoing renaissance of the Ricardian international trade theory. The book’s interpretation brings fresh insights into and new developments on the Ricardian international trade theory by examining the true meaning of the ‘four magic numbers’. By putting together theories of comparative advantage and international money, the book attempts to elucidate Ricardo’s international trade theory in the real world. This book also features contributions from the Japanese perspective and compares Ricardian theories with those of his contemporaries, such as Malthus, Torrens and J. S. Mill. This book will be a valuable reference for researchers and scholars with interests in history of economic thought and international economics.

Author : John Anthony Burrow
Publisher : Unknown
Page : 165 pages
File Size : 43,5 Mb
Release : 1992-01-01
Category : English poetry
ISBN : 0140159061

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Ricardian Poetry by John Anthony Burrow Pdf

Author : Ronald W. Jones,Rolf Weder
Publisher : Springer
Page : 268 pages
File Size : 45,7 Mb
Release : 2017-11-30
Category : Business & Economics
ISBN : 9783319606064

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200 Years of Ricardian Trade Theory by Ronald W. Jones,Rolf Weder Pdf

This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.

Author : Mark Blaug
Publisher : Hassell Street Press
Page : 296 pages
File Size : 54,5 Mb
Release : 2021-09-09
Category : Electronic
ISBN : 1014177294

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Ricardian Economics by Mark Blaug Pdf

This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Nigel Grimwade
Publisher : Routledge
Page : 448 pages
File Size : 47,5 Mb
Release : 2003-09-02
Category : Business & Economics
ISBN : 9781134731114

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International Trade by Nigel Grimwade Pdf

First Published in 1967. Routledge is an imprint of Taylor & Francis, an informa company.

Author : T. A. Kenyon
Publisher : Unknown
Page : 0 pages
File Size : 50,5 Mb
Release : 1997
Category : Classical school of economics
ISBN : 0415122139

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The Ricardian Socialists by T. A. Kenyon Pdf

The Ricardian Socialists occupy a key position in the development of British economics in the nineteenth century, and in the wider development of socialist thought. Addressing all of the burning economic issues of the day, their work can be divided into two schools: 'anti-capitalist economists' including Hodgskin and Ravenstone, and co-operative socialists including Thompson, Gray and Bray. Both groups are represented in this set.

Author : John Ashdown-Hill
Publisher : Amberley Publishing Limited
Page : 331 pages
File Size : 53,8 Mb
Release : 2015-04-15
Category : History
ISBN : 9781445644738

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The Mythology of Richard III by John Ashdown-Hill Pdf

John Ashdown-Hill, whose research was instrumental in the discovery of Richard III’s remains, explores and unravels the web of myths around Richard III.

Author : Thomas L. Friedman
Publisher : HarperCollins UK
Page : 514 pages
File Size : 53,8 Mb
Release : 2000
Category : Capitalism
ISBN : 9780006551393

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The Lexus and the Olive Tree by Thomas L. Friedman Pdf

An analysis of globalisation as an international system that today directly or indirectly influences the politics, environment, geopolitics and economics of virtually every country in the world.