[PDF] International Trade Welfare And The Theory Of General Equilibrium eBook

Author : Sugata Marjit
Publisher : Cambridge University Press
Page : pages
File Size : 35,54 MB
Release : 2018-10-18
Category : Business & Economics
ISBN : 1108592651

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This essential volume reflects the continuing and enduring utility of general equilibrium as a framework of analyses. It attempts to reiterate that understanding broad and holistic consequence of economic events and policies go beyond partial equilibrium perspective. Cutting across areas of research, general equilibrium perspectives in terms of small-scale GE models following the theory and perspectives of Ronald Jones can help readers develop informed judgement regarding critical policies. These include but are not limited to several areas of specific interest - the interaction of financial factors with international trade and implications for the 'real sectors' of the economy, the impact of labour market reforms on the unorganised sectors in developing and transition countries, the non-uniform effects of inflation and deflation on internal and external factor flows, and the sought-after relation between foreign investment and skill accumulation.

Author : James P. Quirk
Publisher : New York : McGraw-Hill
Page : 246 pages
File Size : 17,32 MB
Release : 1968
Category : Business & Economics
ISBN :

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The setting: individual economic agents; The setting: supply and demand, competitive equilibrium; Existence and uniqueness; Welare economics.

Author : Jaime De Melo
Publisher : MIT Press
Page : 320 pages
File Size : 32,92 MB
Release : 1992
Category : Business & Economics
ISBN : 9780262041225

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The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.

Author : Avinash Dixit
Publisher : Cambridge University Press
Page : 352 pages
File Size : 42,36 MB
Release : 1980-09-30
Category : Business & Economics
ISBN : 1107717086

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This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.

Author : Larry S Karp
Publisher : World Scientific
Page : 303 pages
File Size : 27,53 MB
Release : 2021-12-08
Category : Business & Economics
ISBN : 9811249881

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Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple across different markets, e.g. commodity and factor markets. The Author applies these ideas to environmental and natural resource problems, including pollution 'leakage' (where pollution reductions in one country are offset by trading partners' increased pollution) and imperfect property rights. Other applications include the general equilibrium effects of commodity and trade taxes, international transfers (the 'transfer problem'), minimum wage constraints, and immiserizing growth. The Author assumes that students have some experience in formulating and answering comparative statics questions in an optimization setting. Building on these skills, and developing the idea of stability in an equilibrium setting (the Marshall Lerner condition), students learn how to formulate and answer comparative static questions in trade models.

Author : Avinash K. Dixit
Publisher : Cambridge University Press
Page : 352 pages
File Size : 25,8 MB
Release : 1980-09-30
Category : Business & Economics
ISBN : 9780521299695

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This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.

Author : M. Kemp
Publisher : Taylor & Francis
Page : 74 pages
File Size : 20,36 MB
Release : 2013-09-05
Category : Business & Economics
ISBN : 1136455841

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This book provides a careful account of the leading propositions about the welfare gains associated with international trade and investment under differing institutional arrangements and policy choices.