Download or read book External Economies of Scale and International Trade written by Kar-Yiu Wong and published by World Scientific Publishing Company. This book was released on 2015-06-30 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a systematic exploration of the features and implications of external economies of scale. It examines how external economies of scale may affect resource allocation, income distribution, international trade, international factor movements, and national welfare of an economy. It synthesizes existing theories and results in the literature and presents new analytical techniques and resuts using a unified framework, which helps the readers follow the logic and derivation of the arguments and propositions. Exercises are provided at the end of each chapter to help the readers get familiar with the techniques presented in the chapter and explore new applications and results. The book is thus suitable for graduate students, researchers and policy makers who are interested in the latest developments in the field.
Download or read book International Trade written by Paul R. Krugman and published by Pearson. This book was released on 2015-06-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: For courses in International Trade A balanced approach to theory and policy applications International Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to international trade theory is followed by detailed coverage of policy applications. With this new tenth edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Trade courses. This program provides a better teaching and learning experience–for you and your students. It will help you to: • Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track. • Reveal theory and applications of international trade: Balanced coverage of theory and applications aids student retention and highlights the relevance of course material. • Give students learning tools to master course material: Numerous in-text learning resources engage students and encourage further exploration of course topics. • Provide the most updated coverage: Thoroughly updated content ensures that students are up to date on key issues. Note: If you are purchasing the standalone text or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab please visit www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching for 0133827046 / 9780133827040. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Download or read book Market Structure and Foreign Trade written by Elhanan Helpman and published by MIT Press. This book was released on 1987-02-06 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market Structure and Foreign Trade presents a coherent theory of trade in the presence of market structures other than perfect competition. The theory it develops explains trade patterns, especially of industrial countries, and provides an integration between trade and the role of multinational enterprises. Relating current theoretical work to the main body of trade theory, Helpman and Krugman review and restate known results and also offer entirely new material on contestable markets, oligopolies, welfare, and multinational corporations, and new insights on external economies, intermediate inputs, and trade composition.
Download or read book Rethinking International Trade written by Paul Krugman and published by MIT Press. This book was released on 1994-03-29 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, a small group of economists has challenged traditional wisdom about international trade. Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade. Over the past decade a small group of economists has challenged traditional wisdom about international trade. Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade. Krugman's introduction is a valuable guide to research that has delved anew into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal trade policy. In the four sections that follow, he takes a revisionary look at the causes of international trade, and discusses growth and the role of history, technological change and trade, and strategic trade policy.
Download or read book International Trade and Factor Mobility Under External Economies of Scale written by Kar-yiu Wong and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book External Economies of Scale and Comparative Advantage written by Wilfred J. Ethier and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the interplay, in international trade, between comparative advantage and increasing returns to scale that are external to the firm. We focus especially on "advantage reversals," where the country with a comparative-cost disadvantage in producing a good nevertheless is able to export it because of the economies of large-scale production. We examine trade policy in such a situation, looking especially at whether that policy should aim at basic policy-regime change.
Download or read book International Trade in Goods and Factor Mobility written by Kar-yiu Wong and published by MIT Press (MA). This book was released on 1995 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: This up-to-date synthesis of the basic tools and survey results in international trade theory is unique in giving factor mobility equal billing with goods trade, highlighting factor flows in the context of a mainstream approach to trade theory. The importance of the international flow of factors has grown in recent decades, primarily because of increasing returns, imperfect competition, multinational corporations, and labor migration; theories of factor mobility and trade in goods can no longer be lumped together. Using sophisticated techniques, as well as simple economic intuitions and easy-to-follow diagrams, Kar-yiu Wong systematically presents within unified frameworks all the basic analytical techniques involved in the theories of international trade and factor mobility. Wong also provides extensive coverage of such issues as interactions between international trade in goods and capital movement, external economies of scale, monopolistic competition and differentiated products, oligopoly, welfare economics of international trade, and policy analysis for various models, and he devotes two separate chapters to multinational corporations and international labor migration. New techniques and approaches to these issues are suggested, and new results obtained for many of them. For instance, the discussion of intra-industry trade in the presence of positive transport cost and arbitrage is new, as is the systematic examination of the relationship between international trade in goods and factor mobility with external economies of scale, monopolistic competition, and oligopoly. Of particular importance to trade theorists, these issues serve as the link between neoclassical and imperfect-competition models.
Download or read book International Trade Theory and Policy PDF ebk Global Edition written by Paul R. Krugman and published by Pearson Higher Ed. This book was released on 2015-01-23 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: For courses in International Trade International Trade: Theory and Policy provides engaging, balanced coverage of the key concepts and practical applications of the discipline. An intuitive introduction to international trade theory is followed by detailed coverage of policy applications. With this new tenth edition, the author team of Nobel Prize-winning economist Paul Krugman, renowned researcher Maurice Obstfeld, and Marc Melitz of Harvard University continues to set the standard for International Trade courses. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.
Download or read book International Trade Problems of Small Nations written by Peter John Lloyd and published by Durham, N.C. : Duke University Press. This book was released on 1968 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book External Economies in the International Trade Theory written by Jai-Young Choi and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper surveys the international trade literature on intraindustrial and interindustrial production externalities. It places particular emphasis upon the literature on variable returns to scale (VRS) developed along the Kemp line that the externalities are output-generated, and the economies of scale are external (internal) to individual firms (industry). The discussion touches upon the literature examining the implications of VRS for fundamental trade theorems, trade policies, economic growth, and welfare. The paper extends the survey to writings on the Meade-type interindustrial production externalities.
Download or read book Monopolistic Competition and International Trade written by Henryk Kierzkowski and published by Oxford University Press, USA. This book was released on 1984 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1980s have seen significant advances in coordinating analyses of foreign trade with those of industrial organization. Contributors to this volume illuminate topics in trade theory, including the role of R & D, the nature of gains from trade, the part played by scale economies, thearguments for intervention, theories of intra-industry trade, international capital movements under monopolistic competition, and economic integration and product differentiation.
Download or read book External Economies and International Trade Redux written by Gene M. Grossman and published by . This book was released on 2013 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a world with national external economies of scale at the industry level. In contrast to the standard treatment with perfect competition and two industries, we assume Bertrand competition in a continuum of industries. In this setting, many of the quot;pathologiesquot; of the standard treatment disappear. There typically exists a unique equilibrium with trade guided by quot;naturalquot; comparative advantage. And, when a country has CES preferences and any finite elasticity of substitution between goods, gains from trade are assured.
Download or read book Outline of International Trade Commodity Flows and Division of Production Between Countries written by Ljubo Sirc and published by John Wiley & Sons. This book was released on 1974 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comparative Advantage in International Trade written by Mirela Keuschnigg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional trade theory explains trade only by differences between countries, notably differences in their relative endowments of factors of production. It suggests an inverse relationship between the similarity of countries and the volume of trade between them. The Heckscher-Ohlin (HO) factor propor tions theory derives the determinants of comparative advantage in a world of "two-ness" (two goods, two factors, two countries). It predicts that each country will export that good which uses the country's abundant factor rel atively most intensively. The literature on trade offers an impressive number of studies based on the HO theory. The main methodological problems en countered in the literature are: first, the appropriate formulation of the HO theorem in a multi-factor, multi-good and multi-country framework; second, proper tests of the HO theory and proper links of the theory to empirical analysis. The relevance of the HO theory began to be questioned when important facts of modern international trade proved to be inconsistent with its theoretical framework. Leontief (1953) tested the factor proportions theory, using the US data for 1947, and found that the US had more labor-intensive exports than imports, which is opposed to both perceptions and estimations of factor endowments. The Leontief Pamdoxcreated doubt as to whether or not actual trade patterns and factor endowments are related as predicted by theory, and caused many controversial discussions with regard to the proper empirical implementation of the factor proportions theory.
Download or read book External Economies and International Trade Redux written by Gene M. Grossman and published by . This book was released on 2008 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a world with national external economies of scale at the industry level. In contrast to the standard treatment with perfect competition and two industries, we assume Bertrand competition in a continuum of industries. In this setting, many of the "pathologies" of the standard treatment disappear. There typically exists a unique equilibrium with trade guided by "natural" comparative advantage. And, when a country has CES preferences and any finite elasticity of substitution between goods, gains from trade are assured.
Download or read book International Economics written by Paul R. Krugman and published by HarperCollins Publishers. This book was released on 1994 with total page 3076 pages. Available in PDF, EPUB and Kindle. Book excerpt: -- Study guide. -- Instructor's manual.
Download or read book Market Structure and Foreign Trade written by Elhanan Helpman and published by . This book was released on 1985-01-01 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt:
