Download or read book Adjustment to International Disturbances in Imperfectly Competitive Markets Canadia Manufacturing in the 1970 S written by Richard E. Caves and published by . This book was released on 1989 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment to International Disturbances in Imperfectly Competitive Markets written by Richard E. Caves and published by . This book was released on 1989 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industrial Dynamics written by B. Carlsson and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on the papers presented at a conference on "New Issues in Industrial Economics" held at Case Western Reserve University, Cleveland, Ohio, June 8-10, 1987. The conference was organized by the Research Program in Industrial Economics (RPIE) in the Department of Economics at CWRU and was sponsored by The Cleveland Foundation, the Eaton Corporation, and The Standard Oil Company (later renamed BP America, Inc.). Their generous support is gratefully acknowledged. All of the papers have been revised, in several cases extensively, since their presentation at the conference. One of the primary reasons for organizing the conference was the concern that Industrial Economics has become too narrowly focused in most academic programs, largely being confined to Industrial Organization, i.e., issues of public policy towards enterprise with emphasis on antitrust and regulatory policy. This subject definition leaves out a number of interesting and important questions about how industries evolve over time, what the role of technological change (and organizational change) is in that process, and the associated structural changes within industries and firms. The object of this book is to derme these issues and suggest a framework within which they can be analyzed. I would like to thank all the conference participants for their contributions, particularly my colleagues at CWRU, Asim Erdilek and William S. Peirce, without whose encouragement and support the conference would not have taken place.
Download or read book Adjustment to International Competition written by Richard E. Caves and published by Economic. This book was released on 1990 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report builds on 2 types of research on the structure and performance of Canadian manufacturing industries. One line addresses industries of domestic producers who serve the small Canadian market in competition with imports and is concerned with the productive efficiency of these industries but not with their short-run responses to international competition. The other line concerns the short-run sensitivity of responses of the manufacturing industries' prices, output, and employment levels to disturbances, focused on responses to domestic disturbances but not international. Using annual data on many individual industries, the study builds a statistical model of adjustments to changes in international competition such as changes in prices and varieties of importable goods, and in Canadian tariffs and the exchange rate. It tracks the effects of those changes on the selling prices of Canadian producers, quantities of imports and exports, and the key input decisions of employment and capital expenditures. It draws conclusions about these adjustment processes for the typical manufacturing industry but also shows how these adjustments vary among sectors and types of industries.
Download or read book Imperfect Competition Differential Information and Microfoundations of Macroeconomics written by Kiyohiko G. Nishimura and published by Oxford University Press. This book was released on 1995 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume links a microeconomic model of imperfectly informed firms and unions in monopolistic competition to a general theory of wage- and price-setting in a macroeconomic model. The analysis is based on a profit maximization and rational behaviour and is thus in line with the newly emerged New Keynesian approach in its emphasis on the microeconomic foundation of macroeconomics. The volume goes on to explain three stylized facts in macroeconomics: nominal rigidity, real rigidity, and cost-oriented prices, presented in a coherent New Keynesian framework. The analysis also provides new insight into the role of competition in an economy with imperfectly and differentially informed firms. It shows that increased competition may increase nominal as well as real price rigidity and increased volatility of investment.
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Download or read book Trade Policy and International Adjustments written by Akira Takayama and published by Elsevier. This book was released on 2013-09-03 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade, Policy, and International Adjustments covers the theoretical issues, macroeconomics, and mathematical methods in the field of international economics. The book summarizes and illustrates the various contributions to the field of international economics. The text presents studies on the issues in international trade and commercial policies; voluntary export restrictions; application of a geometric technique to a multidimensional problem concerning the Stolper-Samuelson theorem; the symmetry theorem between tariffs and quotas in the context of a monetary economy under flexible exchange rates; and application of the Hopf bifurcation theory to the theory of international capital mobility. Economists, teachers, and students of economics will find the book very insightful.
Download or read book Trade Liberalization and Structural Adjustment in Canada written by Richard E. Caves and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Misalignment of Exchange Rates written by Richard C. Marston and published by University of Chicago Press. This book was released on 2008-04-15 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists writing on flexible exchange rates in the 1960s foresaw neither the magnitude nor the persistence of the changes in real exchange rates that have occurred in the last fifteen years. Unexpectedly large movements in relative prices have lead to sharp changes in exports and imports, disrupting normal trading relations and causing shifts in employment and output. Many of the largest changes are not equilibrium adjustments to real disturbances but represent instead sustained departures from long-run equilibrium levels, with real exchange rates remaining "misaligned" for years at a time. Contributors to Misalignment of Exchange Rates address a series of questions about misalignment. Several papers investigate the causes of misalignment and the extent to which observed movements in real exchange rates can be attributed to misalignment. These studies are conducted both empirically, through the experiences of the United States, Great Britain, Japan, and the countries of the European Monetary System, and theoretically, through models of imperfect competition. Attention is then turned to the effects of misalignment, especially on employment and production, and to detailed estimates of the effects of changes in exchange rates on several industries, including the U.S. auto industry. In response to the contention that there is significant "hysteresis" in the adjustment of employment and production to changes in exchange rates, contributors also attempt to determine whether the effects of misalignment can be reversed once exchange rates return to earlier levels. Finally, the issue of how to avoid—or at least control—misalignment through macroeconomic policy is confronted.
Download or read book A Generalized Theory of International Trade written by H.Peter Gray and published by Springer. This book was released on 1976-06-18 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Convergence of International and Domestic Markets written by David B. Audretsch and published by North Holland. This book was released on 1989 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The articles in this volume, written by leading scholars from a host of different countries, examine the significant transformation which has taken place in the last decade concerning the manner in which international trade occurs. In particular, the increasing trend towards the integration of domestic and international markets is considered. By combing concepts from industrial organisation with internation trade principles, three major types of questions are considered: 1. How have the patterns of trade evolved among the most devloped nations? 2. What accounts for the observed shifts in competitive advantage? and 3. What is the appropriate role for government policy under this new regime of trade patterns? The papers examine, both theoretically and empirically, how market structure characteristics such as scale economies, concentration levels, advertising strategies, R&D strategi;s, and optimal plant size respond to market globalization. In addition those essential factors, including appropriate public policy responses available to countries, which have enabled companies in specific industries and countries to gain the competitive advantage are identified.
Download or read book List of Recent Periodical Articles written by International Monetary Fund Library and published by . This book was released on 1989 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book External Adjustment written by Maurice Obstfeld and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Gross stocks of foreign assets have increased rapidly relative to national outputs since 1990, and the short-run capital gains and losses on those assets can amount to significant fractions of GDP. These fluctuations in asset values render the national income and product account measure of the current account balance increasingly inadequate as a summary of the change in a country's net foreign assets. Nonetheless, unusually large current account imbalances, especially deficits, should remain high on policymakers' list of concerns, even for the richer and less credit-constrained countries. Extreme imbalances signal the need for large and perhaps abrupt real exchange rate changes in the future, changes that might have undesired political and financial consequences given the incompleteness of domestic and international asset markets. Furthermore, of the two sources of the change in net foreign assets -- the current account and the capital gain on the net foreign asset position -- the former is better understood and more amenable to policy influence. Systematic government attempts to manipulate international asset values in order to change the net foreign asset position could have a destabilizing effect on market expectations"--NBER website
Download or read book Changing Determinants of Japan s Foreign Investment in the United States written by Tracey A. Drake and published by . This book was released on 1990 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Disequilibrium in the World Economy written by Mario Baldassarri and published by Springer. This book was released on 2016-07-27 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: The US twin deficit, Western European economic integration, Eastern Europe's transition towards a market economy, the debt burden of the Less Developed Countries, the growing and deepening discrimination against the rest of the world by new homogeneous areas such as the North America free trade area, the new Europe, and Japan are the issues at the heart of global disequilibrium in the world economy. This book brings together leading economists to analyse these issues and further the debate on the need for sound economic policies to avoid a crash on a global scale.
Download or read book International Financial Policy written by Mr.Jacob A. Frenkel and published by International Monetary Fund. This book was released on 1991-09-15 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: During his distinguished career at the IMF, Jacques J. Polak served as both Director of Research and, subsequently as a member of the IMF Executive Board. His distinct contribution to the discipline of international financial policy is highlighted in this book edited by Jacob A. Frenkel and Morris Goldstein. The papers included were prepared for a conference, cosponsored by the Netherlands Bank and the IMF, held in Polak's honor in Washington, D.C., in January 1991.
Download or read book Our Continent Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
