The Theory Of International Values

Author : Yoshinori Shiozawa,Tosihiro Oka,Taichi Tabuchi
Publisher : Springer
Page : 303 pages
File Size : 46,8 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 : Frank Dunstone Graham
Publisher : Unknown
Page : 349 pages
File Size : 52,8 Mb
Release : 1948
Category : Value
ISBN : OCLC:17062315

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The theory of international values by Frank Dunstone Graham Pdf

Author : Rajas Parchure
Publisher : New Age International
Page : 268 pages
File Size : 51,9 Mb
Release : 1994
Category : Business & Economics
ISBN : 8122406645

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The Theory of International Values by Rajas Parchure Pdf

Any Survey Of International Economics Inevitably Reveals That All The Significant Developments In The Theory Have Been Directly Prompted By The Needs Of Practical Policy. Consider As Quick Illustrations The Nationalistic Fervour Of The Mercantilists, Friedrich List And Everyday Policy-Makers All Over The World, The Liberal Free-Trade Concerns Of David Hume, Adam Smith, David Ricardo And John Stuart Mill, The Fears Of Imperialist Exploitation In The Works Of V.I. Lenin, Rosa Luxembourg, Dadabhai Nowrosjee And Centreperiphery Theorists, The Need For International Co-Operation To Suppress The Relapse Of Parochial Nationalism In The Works Of J.M. Keynes, E.M. Berstein, Harry Dexter White, Folk Hilgerdt And Gunnar Myrdal, The Effects Of Exchange Rate Policy On Trade Balance In Alfred Marshall, Abba Lemer, Joan Robinson, Sidney Alexander And Several Others, The Consequences Of International Growth And Technical Changes For National Welfare In John Hicks, Harry Johnson, Jagdish Bhagwati, Raul Prebisch And A Generation Of Scholars. The Examples Can Be Multiplied.One Would Have Expected That A Theory Whose Main Developments Have Been Stimulated By Real-World Concerns, Would, Over The Course Of Decades And Centuries, Develop Into A Virulent Instrument For Understanding And Solving New Problems That Continually Arise In, Or On Account Of, International Changes. But Witness, Alas, How Pitiably The Theory Itself, In Its Strange Obsession Over 2X2X2 Models Compares With The Rapidly Changing Complexity Of Multilateral Trade. This Is Not To Say That No Work Has Been Done To Fill Up The Backlog. Frank D. Graham, Lionel Mckenzie, Ronald Jones, Jacob Mosak, Paul Samuelson, Lloyd Metzler, John Chipman And Others Have Made Important Contributions Here. There Is, Besides, Considerable Empirical Work And The Compilation Of A Truly Astounding Data Base On Multicountry Transactions By The International Institutions. It Is Then All The More Unfortunate That The Conceptual Work Which Can Have An Interpretative Bearing On This Database Should All But Remain In Theunderworld Of Footnotes.The Lag Of Theory Behind Reality Is Perhaps More Glaring In This As Compared To Other Branches Of Economics. Every Effort To Bridge It Is Not Just Welcome, It Is Urgent. The Future Of Global Understanding And Co-Operation May Lie In These Endeavours.The Theory Of International Values Is An Attempt Towards Closing This Gap. It Deals With Three Themes That Have Been Somewhat Neglected Or At Any Rate Are Unevenly Developed.Firstly It Attempts To Formulate A Theory Of Multicountry Multicommodity Trade. Secondly, It Allows Capital Goods To Be Traded Thus Integrating The Models Of Growth And Distribution With Models Of Trade. Thirdly, It Proposes A New Model Of Exchange Rate Determination Which Is Based On Market Clearing.The Book Should Be Of Considerable Interest To: * Economists Working In International Economics. * Econometricians Engaged In Multicountry Modelling. * Finance Specialists Engaged In Exchange Rate Forecasting And * Students Of International Economics And Finance.Although The Treatment Is Advanced The Contents Can Followed By Students Having``Subsistence Knowledge`` Of Simultaneous Equations. In Any Case All Mathematical Exercises Have Been Amply Illustrated By Constructive Numerical Examples.

Author : B. Horvat
Publisher : Springer
Page : 202 pages
File Size : 50,5 Mb
Release : 2016-04-29
Category : Business & Economics
ISBN : 9780333983386

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The Theory of International Trade by B. Horvat Pdf

In a previous book The Theory of Value, Capital and Interest , the systemic theory of value was developed for a closed economy. Now the economy is opened and the same theory is applied to international trade. Both books are intended to provide an alternative theoretical paradigm.

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 : Thomas A. Boylan,Tadhg Foley
Publisher : Psychology Press
Page : 384 pages
File Size : 42,9 Mb
Release : 2003-04-24
Category : Economics
ISBN : 0415147360

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Irish Political Economy by Thomas A. Boylan,Tadhg Foley Pdf

Organized thematically and covering all major fields within economics, this set collects together the most significant writings produced in nineteenth century Ireland.

Author : William Smart
Publisher : Unknown
Page : 148 pages
File Size : 44,7 Mb
Release : 1891
Category : Value
ISBN : UCAL:B3292051

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An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk by William Smart Pdf

Author : Natàlia Cantó Milà
Publisher : transcript Verlag
Page : 243 pages
File Size : 49,8 Mb
Release : 2015-07-31
Category : Social Science
ISBN : 9783839403730

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A Sociological Theory of Value by Natàlia Cantó Milà Pdf

In this book, Natàlia Cantó Milà elaborates on Georg Simmel's relational approach to a theory of value, pointing at the heuristic possibilities that this approach offers to modern sociology and to a sociology of modernity. She does so by focusing on the theory of value Simmel developed in his »The Philosophy of Money«, delivering an alternative reading of this book that views its theory of value as its main axial point. Simmel's theory of value is depicted by Cantó Milà as including an intrinsically sociological aspect, since economic as well as moral, ethic and aesthetic values are conceived as resulting from human relations.

Author : Alfred Marshall
Publisher : Unknown
Page : 88 pages
File Size : 55,5 Mb
Release : 1974
Category : Business & Economics
ISBN : UCM:5301534040

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The Pure Theory of Foreign Trade by Alfred Marshall Pdf

Author : Theodore Mariolis,Nikolaos Rodousakis,George Soklis
Publisher : Springer Nature
Page : 512 pages
File Size : 43,6 Mb
Release : 2021-05-29
Category : Business & Economics
ISBN : 9789813362604

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Spectral Theory of Value and Actual Economies by Theodore Mariolis,Nikolaos Rodousakis,George Soklis Pdf

This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.

Author : John Atkinson Hobson
Publisher : Unknown
Page : 224 pages
File Size : 43,9 Mb
Release : 1904
Category : Commerce
ISBN : UOM:39015055274677

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International Trade by John Atkinson Hobson Pdf

Author : Charles Francis Bastable
Publisher : Unknown
Page : 192 pages
File Size : 53,7 Mb
Release : 1887
Category : Commerce
ISBN : HARVARD:32044097692966

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The Theory of International Trade by Charles Francis Bastable Pdf

Author : Linda Courtenay Botterill,Alan Fenna
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 54,7 Mb
Release : 2019
Category : POLITICAL SCIENCE
ISBN : 9781784710088

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Interrogating Public Policy Theory by Linda Courtenay Botterill,Alan Fenna Pdf

This book questions the way policy making has been distanced from politics in prevailing theories of the policy process, and highlights the frequently overlooked ubiquity of values and values conflicts in politics and policy. It examines the strengths and weaknesses of current theories, reviews the illusions of rationalism in politics, and explores the way values are implicated throughout the democratic process, from voter choice to policy decisions. It argues that our understanding of public policy is enhanced by recognizing its intrinsically political and value-laden nature.

Author : C.F. Bastable
Publisher : Рипол Классик
Page : 213 pages
File Size : 44,8 Mb
Release : 1900
Category : History
ISBN : 9785874745271

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The Theory Of International Trade by C.F. Bastable Pdf

With some of its applications to economic policy. Fourth edition.

Author : Erich H. Rast
Publisher : Rowman & Littlefield
Page : 234 pages
File Size : 41,6 Mb
Release : 2022-03-08
Category : Philosophy
ISBN : 9781793616951

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Theory of Value Structure by Erich H. Rast Pdf

The theory of value structure concerns the meaning of “better than” and “good,” as well as the way in which values serve as a basis for rational decision making. Drawing methodologically from economics and theories of decision making, the aim of serious axiology in metaethics is to do justice to problems that have puzzled philosophers of value for centuries. Can value comparisons be cyclic? Are all values comparable with each other and can decision makers just add up different aspects of an evaluation to determine the best course of action? A Theory of Value Structure: From Values to Decisions starts with a thorough introduction to the modeling of “better than” comparisons from a normative perspective. In the philosophical part of the book, Erich H. Rast argues that aspects of “better than” comparisons can differ qualitatively so much that one aspect may outrank another. Consequently, the classical weighted sum aggregation model fails. Values cannot always be summed up and comparisons may be fundamentally noncompensatory, an indeterminacy that explains problems like the apparent nontransitivity of “better than” and hard cases in decision making. Using a lexicographic method of value comparisons, Rast develops a multidimensional theory of “better than” and shows how and to which extent it can be combined with standard methods of decision making under uncertainty by using rank-dependent utility theory.