International trade in goods and factor mobility:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass. [u.a.]
MIT Press
1995
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XIV, 699 S. graph. Darst. |
| ISBN: | 0262231794 |
Internformat
MARC
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| 100 | 1 | |a Wong, Kar-yiu |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a International trade in goods and factor mobility |c Kar-yiu Wong |
| 264 | 1 | |a Cambridge, Mass. [u.a.] |b MIT Press |c 1995 | |
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| 650 | 4 | |a Economías de escala - Modelos matemáticos | |
| 650 | 4 | |a Equilibrio (Economía política) - Modelos matemáticos | |
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| 650 | 7 | |a Handelspolitiek |2 gtt | |
| 650 | 4 | |a Política comercial - Modelos matemáticos | |
| 650 | 7 | |a Schaalvoordelen |2 gtt | |
| 650 | 4 | |a Mathematisches Modell | |
| 650 | 4 | |a International trade -- Mathematical models | |
| 650 | 4 | |a Commercial policy -- Mathematical models | |
| 650 | 4 | |a Economies of scale -- Mathematical models | |
| 650 | 4 | |a Equilibrium (Economics) -- Mathematical models | |
| 650 | 4 | |a Comparative advantage (International trade) -- Mathematical models | |
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Datensatz im Suchindex
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| adam_text | Contents
Preface xiii
I INTRODUCTION 1
1 Introduction 3
1.1 Introduction 3
1.2 Factor Content of Trade 5
1.3 Interactions between Trade in Goods and Factor Mobility 5
1.4 International Factor Mobility with External Economies of Scale 6
1.5 International Factor Mobility with Monopolistic Competition 7
1.6 International Factor Mobility with Oligopoly 8
1.7 Multinational Corporations and Foreign Direct Investment 9
1.8 International Labor Migration 10
1.9 Other Features of This Book 11
1.10 Structure of This Book 12
1.11 Rising Significance of International Trade in Goods and
Factor Movements 15
II PURE THEORY: THE NEOCLASSICAL MODELS 21
2 General Equilibrium with Constant Returns and
Perfect Competition 23
2.1 The Two Factor, Two Sector Framework 23
2.2 Unit Cost Function and Input Ouput Coefficients 27
2.3 The Stolper Samuelson and the Rybczynski Theorems 30
2.4 The Gross Domestic Product (GDP) Function 40
2.5 The Ricardian Model 51
2.6 The Specific Factors Model 54
2.7 Consumption Demand 59
2.8 Direct and Indirect Trade Utility Functions 63
2.9 Stability of Equilibrium 70
2.10 The Offer Curve 76
2.11 International Trade Equilibrium 77
Appendix 81
3 Comparative Advantage and Factor Content of Trade 85
3.1 Natural Trade 85
3.2 The Law of Comparative Advantage 89
3.3 The Factor Endowment Theory of Comparative Advantage 91
3.4 Goods Trade and Factor Prices 95
3.5 Are Goods Trade and Factor Mobility Substitutes? 99
viii Contents
3.6 The General Law of Comparative Advantage 103
3.7 Chain Version of Comparative Advantage 106
3.8 Different Concepts of Factor Content of Trade 110
3.9 Factor Content of Trade for a Single Economy 111
3.10 Factor Content of Trade with Possibly Unequal Factor Prices 115
3.11 Actual Factor Content of Trade with Equal Factor Prices 120
3.12 The Leontief Paradox and Factor Content of Trade 126
3.13 International Factor Movements and Factor Content of Trade 130
3.14 Factor Accumulation and Dynamic Comparative Advantage 131
4 International Goods Trade and Capital Movement 139
4.1 The Fundamental Trade Theorems in the Presence of
Capital Movement 139
4.2 Free Goods Trade and Capital Movement 144
4.3 Two Graphical Apparatuses 148
4.4 The Chipman Flat and Equilibrium with
Diversification 155
4.5 More Conditions for an Efficient Production with
Diversification 160
4.6 Stability of Equilibrium 166
4.7 Are Goods Trade and Factor Mobility Substitutes? 170
4.8 Patterns of Trade under International Capital Movement 173
4.9 Comparative Advantage and Absolute Advantage 184
4.10 International Capital Movement with Sector Specific Capital 189
III PURE THEORY: VARIABLE RETURNS AND IMPERFECT
COMPETITION 195
5 External Economies of Scale 197
5.1 External Effects in Production 198
5.2 Output Generated External Effects 201
5.3 Prices, Output Levels, and Factor Endowments 212
5.4 Stability of Production Equilibrium 220
5.5 Autarkic Equilibrium 224
5.6 Foreign Trade under National Economies of Scale 229
5.7 Patterns of Trade 236
5.8 Factor Prices under Free Trade 241
5.9 International Factor Movement 244
5.10 International Economies of Scale 247
Appendix 250
ix Contents
6 Monopolistic Competition and Intraindustry Trade in
Differentiated Products 253
6.1 Preferences 254
6.2 Production 263
6.3 A Closed Economy 265
6.4 Effects of Factor Accumulation 271
6.5 Free Trade in Goods 274
6.6 Volumes of Trade 283
6.7 International Factor Movement with Differentiated Products 292
6.8 Commodity Trade and Factor Movement 299
Appendix 301
7 Oligopoly and Intraindustry Trade in Identical Products 305
7.1 Cournot Competition with No Arbitrage: The Basic Model 306
7.2 Free Entry and Exit 312
7.3 Cournot Competition with Arbitrage: Zero Transport Cost 314
7.4 Cournot Competition with Arbitrage and Positive
Transport Cost 316
7.5 Bertrand Competition with a Homogeneous Product 319
7.6 Oligopoly and General Equilibrium 323
7.7 Trade with Oligopoly: A General Equilibrium Approach 330
7.8 Validity of the Fundamental Trade Theorems 335
7.9 Factor Mobility and Commodity Trade 341
IV WELFARE ECONOMICS AND GAINS FROM TRADE 345
8 Core Theorems of the Welfare Economics of International Trade 347
8.1 The Pareto Approach to Welfare Comparison 347
8.2 The Social Welfare Approach to Welfare Comparison 350
8.3 The Social Utility Approach to Welfare Comparison 351
8.4 The Lump sum Compensation Approach to Welfare
Comparison 354
8.5 The Consumption Taxation Compensation Approach to
Welfare Comparison 361
8.6 Comparing Different Approaches to Measuring Welfare 366
8.7 The Core Theorems of Welfare Economics in
International Trade 373
8.8 Welfare of a Single Economy: The Case of Free Trade 374
8.9 Welfare of a Single Economy: The Case of Restricted Trade 380
8.10 Welfare of the World 384
x Contents
9 Gains from Trade for Economies with Imperfections 389
9.1 External Economies of Scale 389
9.2 Monopolistic Competition with Differentiated Products 402
9.3 Oligopoly with Identical Products 407
9.4 Pareto Inferior Trade When Markets Are Incomplete 415
9.5 Gain from Compensated Trade with Incomplete Markets 421
9.6 Pareto Inferior Trade with Overlapping Generations 422
9.7 Gain from Compensated Trade with Overlapping
Generations 426
V TRADE POLICIES 431
10 Theory of Distortions and Optimal Policy Intervention 433
10.1 A Planner s Problem 434
10.2 Optimality of a Competitive Equilibrium 437
10.3 Types of Distortions 440
10.4 Optimal Policy Intervention 442
10.5 Theory of Second Best and Piecemeal Policy
Recommendations 448
10.6 Immiserizing Growth 453
10.7 External Economies of Scale 459
10.8 Monopolistic Competition and Differentiated Products 468
11 Commercial Policies with Trade in Goods and Factor Mobility 475
11.1 Effects of Protection 475
11.2 Optimal Protection 484
11.3 Can Optimal Taxes Be Negative? 493
11.4 An Alternative Approach to Analyzing Protection 494
11.5 Capital Movement under Optimal Goods Trade 499
11.6 Capital Movement for a Large Open Economy under Free
Trade in Goods 503
11.7 Capital Movement for a Small, Protected Economy 507
11.8 Choosing between Capital Mobility and Labor Mobility:
The Ramaswami Case 509
11.9 Choosing between Capital Mobility and Labor Mobility:
Duty Free Zones 514
12 Strategic Trade Policies 519
12.1 Optimal Policies in the Presence of Oligopolistic Industries 519
12.2 Policies for the Home Market 523
12.3 Policies for the Foreign Market 528
xi Contents
12.4 Some Extensions 531
12.5 Further Arguments against Export Subsidies 538
12.6 Nonequivalence of Tariffs and Quotas 552
12.7 Voluntary Export Restraints and Oligopolistic Firms 556
12.8 Retaliation and Trade War with Competitive Industries 563
12.9 Retaliation and Trade War with Oligopolistic Industries 568
12.10 Alternatives to Trade Wars 573
12.11 Strategic Choice between Capital Mobility and Labor Mobility 577
Appendix 581
VI SPECIAL TOPICS 583
13 The Multinational Corporation 585
13.1 Some Basic Concepts 585
13.2 Ownership Advantages 587
13.3 Choosing between Export and Foreign Direct Investment? 593
13.4 Tariff Jumping FDI 599
13.5 To Invest or to License: The Theory of Internalization 602
13.6 Quid Pro Quo Direct Investment: The Political Economy
Context 608
13.7 Multinational Corporation and Market Power 615
13.8 Technology Transfer and Diffusion 618
14 International Labor Migration 625
14.1 Features of International Labor Migration 625
14.2 Emigration and the Welfare of Those Left Behind 628
14.3 Emigration with Constant Factor Prices 632
14.4 Government Policies in the Presence of Permanent
Emigration 635
14.5 External Effects 639
14.6 Temporary Migration and Guest Workers 643
14.7 The Problem of Brain Drain 651
14.8 Learning by Doing and International Migration 653
14.9 Education, Human Capital Formation, and International
Migration 660
14.10 Illegal Migration 662
References 665
Index 689
|
| any_adam_object | 1 |
| author | Wong, Kar-yiu |
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| discipline | Wirtschaftswissenschaften |
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| illustrated | Illustrated |
| indexdate | 2024-07-09T17:55:39Z |
| institution | BVB |
| isbn | 0262231794 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007065884 |
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| spelling | Wong, Kar-yiu Verfasser aut International trade in goods and factor mobility Kar-yiu Wong Cambridge, Mass. [u.a.] MIT Press 1995 XIV, 699 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Comparatieve kosten gtt Competencia desleal (Comercio internacional) - Modelos matemáticos Economías de escala - Modelos matemáticos Equilibrio (Economía política) - Modelos matemáticos Evenwichtsmodellen (Economie) gtt Handelspolitiek gtt Política comercial - Modelos matemáticos Schaalvoordelen gtt Mathematisches Modell International trade -- Mathematical models Commercial policy -- Mathematical models Economies of scale -- Mathematical models Equilibrium (Economics) -- Mathematical models Comparative advantage (International trade) -- Mathematical models Welthandel (DE-588)4065365-1 gnd rswk-swf Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd rswk-swf Faktormobilität (DE-588)4153602-2 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Welthandel (DE-588)4065365-1 s Faktormobilität (DE-588)4153602-2 s Mathematisches Modell (DE-588)4114528-8 s DE-604 Reale Außenwirtschaftstheorie (DE-588)4069013-1 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007065884&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Wong, Kar-yiu International trade in goods and factor mobility Comparatieve kosten gtt Competencia desleal (Comercio internacional) - Modelos matemáticos Economías de escala - Modelos matemáticos Equilibrio (Economía política) - Modelos matemáticos Evenwichtsmodellen (Economie) gtt Handelspolitiek gtt Política comercial - Modelos matemáticos Schaalvoordelen gtt Mathematisches Modell International trade -- Mathematical models Commercial policy -- Mathematical models Economies of scale -- Mathematical models Equilibrium (Economics) -- Mathematical models Comparative advantage (International trade) -- Mathematical models Welthandel (DE-588)4065365-1 gnd Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd Faktormobilität (DE-588)4153602-2 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| subject_GND | (DE-588)4065365-1 (DE-588)4069013-1 (DE-588)4153602-2 (DE-588)4114528-8 |
| title | International trade in goods and factor mobility |
| title_auth | International trade in goods and factor mobility |
| title_exact_search | International trade in goods and factor mobility |
| title_full | International trade in goods and factor mobility Kar-yiu Wong |
| title_fullStr | International trade in goods and factor mobility Kar-yiu Wong |
| title_full_unstemmed | International trade in goods and factor mobility Kar-yiu Wong |
| title_short | International trade in goods and factor mobility |
| title_sort | international trade in goods and factor mobility |
| topic | Comparatieve kosten gtt Competencia desleal (Comercio internacional) - Modelos matemáticos Economías de escala - Modelos matemáticos Equilibrio (Economía política) - Modelos matemáticos Evenwichtsmodellen (Economie) gtt Handelspolitiek gtt Política comercial - Modelos matemáticos Schaalvoordelen gtt Mathematisches Modell International trade -- Mathematical models Commercial policy -- Mathematical models Economies of scale -- Mathematical models Equilibrium (Economics) -- Mathematical models Comparative advantage (International trade) -- Mathematical models Welthandel (DE-588)4065365-1 gnd Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd Faktormobilität (DE-588)4153602-2 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| topic_facet | Comparatieve kosten Competencia desleal (Comercio internacional) - Modelos matemáticos Economías de escala - Modelos matemáticos Equilibrio (Economía política) - Modelos matemáticos Evenwichtsmodellen (Economie) Handelspolitiek Política comercial - Modelos matemáticos Schaalvoordelen Mathematisches Modell International trade -- Mathematical models Commercial policy -- Mathematical models Economies of scale -- Mathematical models Equilibrium (Economics) -- Mathematical models Comparative advantage (International trade) -- Mathematical models Welthandel Reale Außenwirtschaftstheorie Faktormobilität |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007065884&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT wongkaryiu internationaltradeingoodsandfactormobility |