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Author : James R. Markusen,Anthony Venables
Publisher : London : Department of Economics, University of Western Ontario
Page : 48 pages
File Size : 48,6 Mb
Release : 1986
Category : Commercial policy
ISBN : UVA:X001670329
Author : Richard W. T. Pomfret
Publisher : Unknown
Page : 76 pages
File Size : 45,7 Mb
Release : 1992
Category : Business & Economics
ISBN : STANFORD:36105016806064
Author : Winston Chang,Seiichi Katayama
Publisher : Springer Science & Business Media
Page : 276 pages
File Size : 53,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461522492
A theoretical analysis of international trade and industrial policy, developing and using new models of trade with imperfect competition. Modeling of imperfect competition within international trade has been difficult until recent breakthroughs in this area, which have provided a more realistic view of the world economy. The book builds on the advances provided by such tools as game theory and the theory of monopolistic competition. The first section covers broad and basic trade issues which arise under imperfect competition. Section two examines implications for trade policy covering issues such as strategic trade policy in static and dynamic settings. Section three deals with various structural issues, such as optimal choice of trade liberalizing policies, the formation of trade blocks, and open dualistic economy with externalities.
Author : Robert E. Baldwin
Publisher : University of Chicago Press
Page : 392 pages
File Size : 47,7 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9780226036519
Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.
Author : Elhanan|Krugman Helpman (Paul)
Publisher : Unknown
Page : 0 pages
File Size : 50,8 Mb
Release : 1987
Category : Electronic
ISBN : 0262275236
Author : Elhanan Helpman,Paul R. Krugman
Publisher : Unknown
Page : 271 pages
File Size : 49,6 Mb
Release : 1985-01-01
Category : Commerce
ISBN : 0745001092
Author : Elhanan Helpman
Publisher : Unknown
Page : 128 pages
File Size : 41,8 Mb
Release : 1985
Category : Electronic
ISBN : OCLC:604107303
Author : Robert E. Baldwin
Publisher : University of Chicago Press
Page : 336 pages
File Size : 51,5 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226035703
The need for careful research on trade policy is particularly acute, and this volume empirically addresses these and many other important issues. The contributors offer studies which integrate the institutional details of current trade policy with creative economic analyses. Marked by a shift from a traditional reliance on simulation models, these papers take their inspiration from recent changes in the assumptions traditionally underlying research in international trade theory. No longer are government policies viewed as being somehow "given" to the researcher; in part 1, "Analyses with a Political Economy Perspective," four papers treat such policies as endogenous and explicable in terms of political economy. Neither are product and factor markets seen as perfectly competitive; instead, the three papers in part 2, "Trade Policy Effects under Imperfectly Competitive Market Conditions," assume that firms consider the actions of other companies when formulating their decisions. In part 3, "A New Measure of Trade Restrictiveness and Estimates of Trade Policy Effects with CGE Models," the first essay explores the quantitative restrictions on cheese to develop and implement a new model of restrictive trade. Two final contributions address problems for which simulation modeling is especially useful. The first considers the effectiveness of an import surcharge in reducing the U.S. trade deficit and the second treats the welfare effects of liberalization in South Korea where increasing returns to scale are significant These innovative studies focus on economic behavior that will provide valuable insights for policymakers, academic economists, and students.
Author : Paul Krugman,Alasdair Smith
Publisher : University of Chicago Press
Page : 260 pages
File Size : 41,8 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226454665
Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense—by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth. The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models. International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.
Author : Colin Carter
Publisher : CRC Press
Page : 270 pages
File Size : 52,8 Mb
Release : 2019-04-24
Category : Science
ISBN : 9780429694479
This book presents International Agricultural Trade Research Consortium commissioned papers. The papers systematically explore the conceptual and empirical dimensions of the new trade theory and try to determine the potential application to agricultural trade and trade policy analysis.
Author : Gene M. Grossman
Publisher : MIT Press
Page : 414 pages
File Size : 45,9 Mb
Release : 1992
Category : Business & Economics
ISBN : 0262570939
This book collects 19 of the most influential articles on trade with imperfect competition, providing ready access to current research by top-level economists.
Author : Horst Kräger,Klaus F. Zimmermann
Publisher : Springer Science & Business Media
Page : 188 pages
File Size : 46,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642846854
New theories of international trade suggest that pro- tectionism can make sense. This finding depends on the in- troduction of market power and increasing returns to scale into the international trade theory. The enormous political implications of this hypothesis have started a large interest in applied or empirical investigations of this issue. However, econometric work in international trade is comparatively scarce, especially if it comes to testing with individual data. Therefore, this volume is considered to be a contribution to fill that gap. The volume consists of three parts: First, issues in strategic trade are discussed by means of a survey on recent contributions of the literatureand by a simulation excercise on optimal trade policy for imperfectly competitive industries. Second, a part investigating the determinants of trade flows studies the interrelationships between trade balances and exchange rates, plant size and international trade, and the revelance offirm size and market concentration for the degree of export market integration using business survey firm data. Third, there are studies on imperfect markets, innovations and learning which demonstrate the importanceof imperfect competition for international economics. All contributions provide empirical evidence for the revelance of the newly developed trade theories and demonstrate useful quantitative techniques for their investigation.
Author : Harry Bowen,Abraham Hollander,Jean-Marie Viaene
Publisher : University of Michigan Press
Page : 684 pages
File Size : 46,8 Mb
Release : 1998
Category : Business & Economics
ISBN : 0472066706
An international trade text that integrates theoretical and applied methods
Author : David Greenaway,P. K. Mathew Tharakan
Publisher : Unknown
Page : 264 pages
File Size : 54,6 Mb
Release : 1986
Category : Commerce
ISBN : UCSC:32106005668220
Author : Edward F. Buffie
Publisher : Cambridge University Press
Page : 410 pages
File Size : 40,6 Mb
Release : 2001-01-15
Category : Business & Economics
ISBN : 0521004268
Analyzes trade policy in an integrated theoretical framework based on optimizing dynamic models.
