International trade theory and policy:
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| Main Author: | |
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| Format: | Book |
| Language: | English |
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Berlin [u.a.]
Springer
2014
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| Edition: | 2. ed. |
| Series: | Springer texts in business and economics
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis Abstract |
| Physical Description: | XXVII, 663 S. graph. Darst. |
| ISBN: | 3642373135 9783642373138 |
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| 100 | 1 | |a Gandolfo, Giancarlo |e Verfasser |0 (DE-588)170260941 |4 aut | |
| 245 | 1 | 0 | |a International trade theory and policy |c Giancarlo Gandolfo |
| 250 | |a 2. ed. | ||
| 264 | 1 | |a Berlin [u.a.] |b Springer |c 2014 | |
| 300 | |a XXVII, 663 S. |b graph. Darst. | ||
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| 490 | 0 | |a Springer texts in business and economics | |
| 650 | 7 | |a commercio internazionale - teoria - [manuale] |2 tessin-TR | |
| 650 | 4 | |a Weltwirtschaft | |
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a International trade | |
| 650 | 4 | |a International trade -- Econometric models | |
| 650 | 4 | |a Commercial policy | |
| 650 | 4 | |a International economic relations | |
| 650 | 0 | 7 | |a Außenhandelspolitik |0 (DE-588)4003841-5 |2 gnd |9 rswk-swf |
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Record in the Search Index
| _version_ | 1804150220669321216 |
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| adam_text | IMAGE 1
CONTENTS
PART I INTRODUCTION 1 INTRODUCTION TO INTERNATIONAL TRADE THEORY AND
POLICY 3
1.1 INTERNATIONAL ECONOMICS AS A DISTINCT SUBJECT 3
1.2 THE THEORY AND POLICY OF INTERNATIONAL TRADE: AN OVERVIEW 5
1.3 SMALL AND LARGE OPEN ECONOMIES 6
REFERENCES 7
PART II FOUNDATIONS OF TRADE THEORY
2 THE CLASSICAL (RICARDO-TORRENS) THEORY OF COMPARATIVE COSTS 11 2.1
COMPARATIVE COSTS (ADVANTAGES) AND INTERNATIONAL TRADE 11
2.2 ALTERNATIVE GRAPHIC REPRESENTATIONS 14
2.3 A MODERN INTERPRETATION IN TERMS OF OPTIMIZATION 19
2.3.1 MAXIMIZATION OF REAL INCOME IN EACH COUNTRY 19
2.3.2 MAXIMIZATION OF REAL WORLD INCOME 21
2.4 GENERALIZATIONS 23
2.4.1 TWO GOODS AND N COUNTRIES 24
2.4.2 M GOODS AND N COUNTRIES 25
2.5 THE PROBLEM OF THE DETERMINATION OF THE TERMS OF TRADE 29
REFERENCES 30
3 THE NEOCLASSICAL THEORY OF INTERNATIONAL TRADE 33
3.1 THE TRANSFORMATION CURVE AND THE BOX DIAGRAM 33
3.1.1 THE BOX DIAGRAM 34
3.1.2 THE TRANSFORMATION CURVE AND ITS PROPERTIES 35
IX
HTTP://D-NB.INFO/1031828516
IMAGE 2
X CONTENTS
3.2 GENERAL EQUILIBRIUM IN A SIMPLE CLOSED ECONOMY 39
3.2.1 THE SUPPLY CURVES 39
3.2.2 THE DEMAND CURVES 41
3.2.3 GENERAL EQUILIBRIUM AND WALRAS LAW 42
3.3 GENERAL EQUILIBRIUM IN OPEN ECONOMIES AND INTERNATIONAL TRADE 43
3.4 OFFER CURVES, INTERNATIONAL EQUILIBRIUM, AND STABILITY 47
3.4.1 DERIVATION OF THE OFFER CURVE 47
3.4.2 INTERNATIONAL EQUILIBRIUM AND STABILITY 49
3.5 INCREASING RETURNS TO SCALE 53
3.6 THE GAINS FROM TRADE 56
3.7 GENERALIZATIONS 59
3.8 DUALITY APPROACH 60
3.9 EMPIRICAL STUDIES 61
REFERENCES 61
4 THE HECKSCHER-OHLIN MODEL 63
4.1 BASIC ASSUMPTIONS AND THEIR MEANING 63
4.1.1 RELATIVE PRICE OF GOODS AND RELATIVE PRICE OF FACTORS.... 67 4.2
THE HECKSCHER-OHLIN THEOREM 69
4.3 FACTOR PRICE EQUALIZATION 72
4.3.1 A GRAPHIC TREATMENT 74
4.3.2 THE FACTOR PRICE EQUALIZATION SET 77
4.4 THE FACTOR CONTENT OF TRADE
AND THE HECKSCHER-OHLIN-VANEK THEOREM 80
4.5 EXTENSIONS AND QUALIFICATIONS 82
4.5.1 NON-IDENTICAL STRUCTURES OF DEMAND 83
4.5.2 FACTOR-INTENSITY REVERSALS 85
4.5.3 THE HECKSCHER-OHLIN-VANEK GENERALIZATION 87
4.6 EMPIRICAL STUDIES 90
4.6.1 LEONTIEF S PARADOX 90
4.6.2 EXPLAINING THE PARADOX 91
4.6.3 WHAT PARADOX? THERE IS NO PARADOX 95
4.6.4 FACTOR CONTENT OF TRADE STUDIES 97
4.6.5 CONCLUDING REMARKS 99
REFERENCES 100
5 THE FOUR CORE THEOREMS 1 03
5.1 INTRODUCTORY REMARKS 103
5.2 THE HECKSCHER-OHLIN AND FACTOR-PRICE-EQUALIZATION THEOREMS ... 103
5.3 THE STOLPER-SAMUELSON THEOREM 104
5.4 THE RYBCZYNSKI THEOREM 105
5.4.1 AN ALTERNATIVE DIAGRAM 106
REFERENCES 108
IMAGE 3
CONTENTS XI
6 SOME REFINEMENTS 109
6.1 INTRODUCTION 109
6.2 THE SPECIFIC FACTORS MODEL 109
6.3 TRANSPORT COSTS AND INTERNATIONAL TRADE 114
6.4 INTERMEDIATE GOODS 118
6.4.1 INTERMEDIATE AND CAPITAL GOODS IN THE NEOCLASSICAL THEORY 121
6.5 ELASTIC FACTOR SUPPLY 123
6.6 NON-TRADED GOODS 124
6.7 NATURAL RESOURCES, DUTCH DISEASE , AND DE-INDUSTRIALIZATION.... 128
6.8 INTERNATIONAL FACTOR MOBILITY AND TRADE IN FACTORS 134
6.8.1 FACTOR MOBILITY, AND THE THEOREMS OF INTERNATIONAL TRADE 135
6.8.2 INTERNATIONAL MOVEMENTS OF LABOUR (MIGRATION) 139
6.8.3 INTERNATIONAL MOVEMENTS OF CAPITAL 140
6.8.4 FOREIGN DIRECT INVESTMENT AND MULTINATIONAL CORPORATIONS 141
6.8.5 OFFSHORING 145
6.8.6 FACTOR TRADE 148
6.9 INTERNATIONAL TRADE UNDER UNCERTAINTY 148
6.10 ILLEGAL INTERNATIONAL TRADE AND THE ECONOMIC THEORY OF SMUGGLING
150
REFERENCES 154
PART III NEW EXPLANATIONS FOR INTERNATIONAL TRADE
7 AN OVERVIEW 159
7.1 INTRODUCTION 159
7.2 THEORY 162
7.3 POLICY 163
7.4 GROWTH 163
7.5 LOCATION THEORY AND TRADE 164
REFERENCES 164
8 THE PRECURSORS 165
8.1 AVAILABILITY 165
8.2 TECHNOLOGY GAPS 166
8.3 THE PRODUCT CYCLE 167
8.4 INCOME EFFECTS 169
8.4.1 LINDER S THEORY 169
8.4.2 BARKER S VARIETY HYPOTHESIS 170
8.5 INTRA-INDUSTRY TRADE OR, THE TRADITIONAL THEORY STRIKES BACK 172
8.5.1 PERFECTLY HOMOGENEOUS GOODS 173
8.5.2 DIFFERENTIATED PRODUCTS 174
REFERENCES 176
IMAGE 4
XII CONTENTS
9 THE MODELS 177
9.1 NEO-HECKSCHER-OHLIN THEORIES 177
9.2 MONOPOLISTIC COMPETITION AND INTERNATIONAL TRADE 179
9.2.1 THE KRUGMAN MODEL 180
9.2.2 A SIMPLE SYNTHESIS MODEL 186
9.2.3 MONOPOLISTIC COMPETITION AND WELFARE EFFECTS OF TRADE OPENING 189
9.2.4 THE HOME MARKET EFFECT 190
9.2.5 ADDING SOME REALISM TO THE MONOPOLISTIC COMPETITION MODEL 195
9.2.6 THE GRAVITY EQUATION 197
9.2.7 HETEROGENEOUS FIRMS 197
9.3 OLIGOPOLY AND INTERNATIONAL TRADE 202
9.3.1 INTRODUCTION 202
9.3.2 HOMOGENEOUS COMMODITIES 202
9.3.3 VERTICALLY DIFFERENTIATED GOODS 204
9.3.4 HORIZONTALLY DIFFERENTIATED GOODS 206
9.4 EMPIRICAL STUDIES IN THE LIGHT OF THEORY 207
REFERENCES 210
PART IV TRADE POLICY
10 TARIFF AND NON-TARIFF BARRIERS 215
10.1 INTRODUCTION 215
10.2 GATT AND WTO 216
10.3 PARTIAL EQUILIBRIUM EFFECTS OF A TARIFF 218
10.4 THE SOCIAL COSTS OF A TARIFF 220
10.5 GENERAL EQUILIBRIUM EFFECTS OF A TARIFF 223
10.5.1 THE PRODUCTION-POSSIBILITY FRONTIER AND TARIFFS 223
10.5.2 TARIFFS AND RECIPROCAL DEMAND CURVES 226
10.6 QUOTAS AND OTHER NON-TARIFF BARRIERS 230
10.6.1 QUOTAS 231
10.6.2 EXPORT DUTIES 233
10.6.3 INTERNATIONAL CARTELS 234
10.6.4 OTHER IMPEDIMENTS TO FREE TRADE 239
10.7 INTERMEDIATE GOODS AND EFFECTIVE RATE OF PROTECTION 242
10.8 IMPERFECT COMPETITION AND TRADE POLICY 245
10.8.1 A TARIFF UNDER VERTICAL PRODUCT DIFFERENTIATION 246
10.8.2 MONOPOLISTIC COMPETITION AND WELFARE-IMPROVING TARIFF 247
10.8.3 STRATEGIC TRADE POLICY UNDER OLIGOPOLY WITH HOMOGENEOUS GOOD 247
10.8.4 STRATEGIC TRADE POLICY UNDER OLIGOPOLY WITH DIFFERENTIATED GOOD
248
REFERENCES 250
IMAGE 5
CONTENTS XIII
11 FREE TRADE VS. PROTECTION, AND PREFERENTIAL TRADE COOPERATION 253
11.1 THE OPTIMUM TARIFF 254
11.2 THE INFANT INDUSTRY 256
11.3 DISTORTIONS IN DOMESTIC GOODS MARKETS 258
11.4 DISTORTIONS IN DOMESTIC FACTOR MARKETS 261
11.5 NON-ECONOMIC MOTIVES FOR PROTECTION 263
11.6 THE THEORY OF SECOND BEST 263
11.7 PREFERENTIAL TRADING COOPERATION 265
11.7.1 THE VARIOUS DEGREES OF COOPERATION 265
11.7.2 THE EFFECTS OF A CUSTOMS UNION 266
11.7.3 EMPIRICAL PROBLEMS 271
11.8 THE MAIN CASES OF PREFERENTIAL TRADING COOPERATION 272
11.8.1 THE EUROPEAN COMMON MARKET (NOW EUROPEAN UNION) 272
11.8.2 NAFTA 273
11.8.3 MERCOSUR 274
11.8.4 ASEAN 274
, 11.8.5 FTAA 274
REFERENCES 274
12 THE NEW PROTECTIONISM 277
12.1 INTRODUCTORY REMARKS 277
12.2 WHY THE NEW PROTECTIONISM? 277
12.3 VOLUNTARY EXPORT RESTRAINTS AND IMPORT EXPANSION 278
12.4 SUBSIDIES 280
12.5 THE POLITICAL ECONOMY OF PROTECTIONISM 282
12.5.1 THE DEMAND FOR AND SUPPLY OF PROTECTION 283
12.6 ADMINISTERED AND CONTINGENT PROTECTION, AND FAIR TRADE 285
12.6.1 DUMPING AND ANTIDUMPING 287
12.6.2 COUNTERVAILING DUTY 291
12.6.3 SAFEGUARD ACTIONS 294
REFERENCES 295
PART V GROWTH AND TRADE
13 INTERNATIONAL TRADE AND GROWTH: COMPARATIVE STATICS 299
13.1 INTRODUCTION 299
13.2 THE EFFECTS OF GROWTH ON THE VOLUME OF TRADE 300
13.2.1 CONSUMPTION EFFECTS 300
13.2.2 PRODUCTION EFFECTS 302
13.2.3 A REFORMULATION IN TERMS OF ELASTICITIES: THE TOTAL EFFECT 303
13.3 GROWTH AND TERMS OF TRADE: IMMISERIZING GROWTH 305
13.3.1 THE LARGE COUNTRY AND THE TERMS OF TRADE 305
13.3.2 IMMISERIZING GROWTH 307
IMAGE 6
XJV CONTENTS
13.4 INCREASE IN FACTOR ENDOWMENTS AND INTERNATIONAL
TRADE: RYBCZYNSKI S THEOREM 309
13.5 TECHNICAL PROGRESS AND INTERNATIONAL TRADE 310
13.5.1 TYPES OF TECHNICAL PROGRESS 310
13.5.2 EFFECTS OF NEUTRAL TECHNICAL PROGRESS ON PRODUCTION LEVELS AND
THE TERMS OF TRADE 312
13.5.3 EFFECTS OF BIASED TECHNICAL PROGRESS 315
13.5.4 CONCLUSION 319
REFERENCES 319
14 INTERNATIONAL TRADE AND GROWTH: DYNAMICS 321
14.1 DYNAMIC MODELS 321
14.2 A SIMPLE CLOSED-ECONOMY TWO-SECTOR GROWTH MODEL 322
14.3 EXTENSION TO AN OPEN ECONOMY 325
REFERENCES 327
15 ENDOGENOUS GROWTH AND TRADE, OLD AND NEW 329
15.1 INTRODUCTION 329
15.2 A SMALL OPEN ECONOMY WITH ENDOGENOUS TECHNICAL PROGRESS.... 330
15.3 ENDOGENOUS GROWTH, NORTH-SOUTH TRADE AND IMITATION: A NEW VERSION
OF THE PRODUCT CYCLE 331
REFERENCES 334
PART VI GLOBALIZATION
16 GLOBALIZATION AND ECONOMIC GEOGRAPHY 337
16.1 INTRODUCTORY REMARKS 337
16.2 TRANSPORT COST, LOCATION THEORY, AND COMPARATIVE ADVANTAGE ... 338
16.3 THE CORE-PERIPHERY MODEL 340
16.3.1 DESCRIPTION OF THE MODEL 341
16.3.2 CONCLUSION 348
16.4 OTHER MODELS 349
16.4.1 HOUSING CONGESTION 349
16.4.2 INPUT-OUTPUT LINKAGES 352
16.4.3 DIMINISHING RETURNS TO LABOUR IN THE A SECTOR 355
16.4.4 FOOTLOOSE CAPITAL 356
16.5 TOO MUCH OR TOO LITTLE AGGLOMERATION? 358
16.6 CONCLUSION 361
REFERENCES 363
17 TRADE INTEGRATION AND WAGE INEQUALITY 365
17.1 INTRODUCTION 365
17.2 COMPARATIVE ADVANTAGE, TECHNICAL CHANGE, AND THE SKILL PREMIUM 366
17.2.1 TRADE INTEGRATION 366
17.2.2 TECHNICAL CHANGE 367
IMAGE 7
CONTENTS XV
17.2.3 TRADE INTEGRATION AND SKILL-BIASED TECHNICAL CHANGE - 368
17.2.4 TRADE INTEGRATION BETWEEN COUNTRIES WITH DIFFERENT TECHNOLOGY 369
17.2.5 TRADE-INDUCED SKILL-BIASED TECHNICAL CHANGE 372
17.2.6 A GENERALIZATION 375
17.3 OFFSHORING AND THE SKILL PREMIUM 380
17.3.1 FRAGMENTATION OF PRODUCTION 380
17.3.2 OFFSHORING KNOWLEDGE OUTPUT 382
17.4 ECONOMIES OF SCALE AND THE SKILL PREMIUM 385
17.4.1 INTERMEDIATE INPUTS AND PRODUCTIVITY 385
17.4.2 SKILL BIASED ECONOMIES OF SCALE AND DEMAND ELASTICITY 388
17.5 HETEROGENEOUS FIRMS, AND THE SKILL PREMIUM 390
17.5.1 TRADE INTEGRATION AND FIRM REVENUE INEQUALITY 391
17.5.2 QUALITY AND HETEROGENEOUS FIXED INPUTS 392
17.5.3 ENDOGENOUS TECHNOLOGY ADOPTION WITH HETEROGENEOUS WORKERS 394
17.5.4 HETEROGENEOUS HIRING (FIXED) COSTS 398
17.5.5 HETEROGENEOUS GLOBALIZATION MODES 402
17.6 ENDOGENOUS MARKET SIZE 406
17.7 CONCLUSION 407
REFERENCES 408
PART VII APPENDICES
18 APPENDIX TO CHAPTER 2 411
18.1 MAXIMIZATION OF WORLD INCOME AND THE DUAL PROBLEM 411
18.2 MAXIMIZATION OF NATIONAL INCOME AND MINIMIZATION OF REAL COST 413
18.3 A RICARDIAN MODEL WITH A CONTINUUM OF GOODS 415
18.3.1 SUPPLY 415
18.3.2 DEMAND 416
18.3.3 DETERMINATION OF THE RELATIVE WAGE RATE AND SPECIALIZATION 418
18.3.4 TRADE POLICY 419
18.4 ON THE DETERMINATION OF THE TERMS OF TRADE 422
REFERENCES 426
19 APPENDIX TO CHAPTER 3 429
19.1 THE TRANSFORMATION CURVE AND THE BOX DIAGRAM 429
19.1.1 A FORMAL DERIVATION OF THE TRANSFORMATION CURVE AND ITS
PROPERTIES 429
19.1.2 CONVEXITY OR CONCAVITY OF THE TRANSFORMATION CURVE 431 19.1.3
HOMOGENEOUS PRODUCTION FUNCTIONS AND TRANSFORMATION CURVE 432
IMAGE 8
XVI CONTENTS
19.2 A SIMPLE CLOSED ECONOMY 434
19.2.1 THE BASIC MODEL 434
19.2.2 THE SUPPLY SIDE OF THE MODEL 435
19.2.3 THE DEMAND SIDE OF THE MODEL 436
19.3 INTERNATIONAL TRADE AND OFFER CURVES 437
19.3.1 THE EQUILIBRIUM CONDITIONS: THE OFFER CURVE AND ITS SLOPE 437
19.3.2 RELATIONSHIPS BETWEEN THE VARIOUS ELASTICITIES 439
19.4 STABILITY 440
19.4.1 TERMS-OF-TRADE ADJUSTMENT 440
19.4.2 QUANTITY ADJUSTMENT 441
19.5 DUALITY APPROACH 443
19.5.1 THE JONES MODEL 443
19.5.2 REVENUE FUNCTIONS AND EXPENDITURE FUNCTIONS 447
REFERENCES 449
20 APPENDIX TO CHAPTER 4 45 1
20.1 FACTOR-INTENSITY REVERSALS 451
20.2 PROOF OF THE FUNDAMENTAL THEOREM 454
20.3 THE FACTOR-PRICE-EQUALIZATION THEOREM 456
20.4 A BRIEF OUTLINE OF THE GENERALIZATIONS OF THE HECKSCHER-OHLIN MODEL
456
20.5 THE FACTOR PRICE EQUALIZATION SET 459
20.6 THE HECKSCHER-OHLIN-VANEK THEOREM 460
REFERENCES 462
21 APPENDIX TO CHAPTER 5 463
21.1 THE FACTOR-PRICE-EQUALIZATION THEOREM 463
21.2 THE STOLPER-SAMUELSON THEOREM 463
21.3 THE RYBCZYNSKI THEOREM 464
REFERENCES 465
22 APPENDIX TO CHAPTER 6 467
22.1 THE SPECIFIC FACTORS MODEL 467
22.2 THE COST OF TRANSPORT 472
22.3 INTERMEDIATE GOODS 473
22.3.1 FINAL GOODS.AS INPUTS 473
22.3.2 PURE INTERMEDIATE GOODS 474
22.4 ELASTIC SUPPLY OF FACTORS 478
22.5 NON-TRADED GOODS 480
22.5.1 THE BEHAVIOUR OF THE OFFER CURVE 481
22.6 SPECIFIC FACTORS AND DE-INDUSTRIALIZATION 484
22.6.1 EFFECTS ON PRICES, OUTPUTS AND FACTOR REWARDS 486
22.7 INTERNATIONAL FACTOR MOBILITY 487
22.7.1 THE THEOREMS OF INTERNATIONAL TRADE THEORY UNDER FACTOR MOBILITY
490
22.7.2 FACTOR MOBILITY IN THE SPECIFIC FACTORS MODEL 495
IMAGE 9
CONTENTS XVII
22.8 UNCERTAINTY AND INTERNATIONAL TRADE 495
22.9 SMUGGLING 498
REFERENCES 500
23 APPENDIX TO CHAPTER 9 503
23.1 A NEO-HECKSCHER-OHLIN MODEL 503
23.2 A MODEL OF MONOPOLISTIC COMPETITION 506
23.2.1 LOVE FOR VARIETY AND DEMAND 506
23.2.2 THE PRODUCTION SIDE 509
23.2.3 INTERNATIONAL TRADE 510
23.3 HOMOGENEOUS GOODS, OLIGOPOLY, AND TRADE 513
23.3.1 A COURNOT-TYPE MODEL 513
23.3.2 THE EQUILIBRIUM SOLUTION 514
23.3.3 STABILITY 516
23.4 VERTICALLY DIFFERENTIATED GOODS, OLIGOPOLY, AND TRADE 516
23.4.1 CONSUMERS 516
23.4.2 FIRMS, AND MARKET EQUILIBRIUM 518
23.4.3 INTERNATIONAL TRADE 521
23.5 HORIZONTAL DIFFERENTIATION, OLIGOPOLY, AND TRADE 522
23.5.1 DEMAND FOR CHARACTERISTICS 522
23.5.2 THE PRODUCTION SIDE 523
23.5.3 INTERNATIONAL TRADE 524
REFERENCES 525
24 APPENDIX TO CHAPTER 10 527
24.1 TARIFFS, TERMS OF TRADE, DOMESTIC RELATIVE PRICE 527
24.2 CARTELS 530
24.3 THE EFFECTIVE RATE OF PROTECTION 532
24.4 IMPERFECT COMPETITION AND TRADE POLICY 533
24.4.1 A TARIFF UNDER VERTICAL PRODUCT DIFFERENTIATION 533
24.4.2 MONOPOLISTIC COMPETITION AND WELFARE-IMPROVING TARIFF 535
24.4.3 STRATEGIC TRADE POLICY UNDER OLIGOPOLY WITH HOMOGENEOUS GOOD 536
24.4.4 STRATEGIC TRADE POLICY UNDER OLIGOPOLY WITH DIFFERENTIATED GOOD
541
REFERENCES 542
25 APPENDIX TO CHAPTER 11 543
25.1 THE OPTIMUM TARIFF 543
25.2 THE THEORY OF SECOND BEST 544
REFERENCES 546
26 APPENDIX TO CHAPTER 12 547
26.1 LOBBIES, POLITICAL PARTIES, AND ENDOGENOUS DETERMINATION OF
PROTECTION 547
26.2 DUMPING 549
REFERENCES 550
IMAGE 10
XVJJ; CONTENTS
27 APPENDIX TO CHAPTER 13 551
27.1 CLASSIFICATION OF THE EFFECTS OF GROWTH 551
27.2 COMPARATIVE STATICS OF THE EFFECTS OF GROWTH IN GENERAL 553
27.2.1 IMMISERIZING GROWTH 556
27.3 CHANGES IN FACTOR ENDOWMENTS, RYBCZYNSKI S THEOREM, AND THE TERMS
OF TRADE 557
27.3.1 SIMULTANEOUS INCREASE IN BOTH FACTORS 561
27.4 TECHNICAL PROGRESS 563
27.4.1 EFFECTS OF TECHNICAL PROGRESS ON FACTOR INTENSITIES AND REWARDS
564
27.4.2 EFFECTS OF TECHNICAL PROGRESS ON OUTPUT LEVELS 567
27.4.3 EFFECTS OF TECHNICAL PROGRESS ON THE TERMS OF TRADE 569
REFERENCES 570
28 APPENDIX TO CHAPTER 14 571
28.1 A DYNAMIC MODEL OF GROWTH AND TRADE 571
28.2 MOMENTARY EQUILIBRIUM 573
28.3 LONG RUN EQUILIBRIUM 575
REFERENCES 578
29 APPENDIX TO CHAPTER 15 579
29.1 ENDOGENOUS GROWTH AND TRADITIONAL TRADE THEORY 579
29.2 ENDOGENOUS GROWTH AND TRADE: INNOVATION, IMITATION, AND PRODUCT
CYCLES 581
29.2.1 DEMAND 581
29.2.2 SUPPLY: PRODUCT QUALITY, INNOVATION, AND IMITATION 584 29.2.3 THE
NO-ARBITRAGE CONDITIONS 588
29.2.4 THE LABOUR MARKETS 589
29.2.5 STEADY-STATE EQUILIBRIUM 589
29.2.6 COMPARATIVE DYNAMICS 594
REFERENCES 604
30 APPENDIX TO CHAPTER 16 607
30.1 NUMERICAL PHASE LINES 607
30.2 CALIBRATION 609
30.2.1 THE MODEL 609
30.2.2 CALIBRATION OF THE MODEL 611
REFERENCES 615
31 APPENDIX TO CHAPTER 17 617
31.1 A MODEL OF ECONOMIC GEOGRAPHY, INTERNATIONAL TRADE, AND
GLOBALIZATION 617
31.1.1 THE DEMAND SIDE 617
31.1.2 THE SUPPLY SIDE 618
31.1.3 EQUILIBRIUM 619
IMAGE 11
CONTENTS XIX
31.2 THE DYNAMICS OF THE MODEL AND THE EMERGENCE
OF A CORE-PERIPHERY PATTERN 620
31.2.1 THE MANUFACTURING SECTOR 621
31.2.2 THE DYNAMICS: BIFURCATION ANALYSIS 627
REFERENCES 628
BIBLIOGRAPHY 629
INDEX 653
INTERNATIONAL TRADE THEORY AND POLICY
/ GANDOLFO, GIANCARLO
: 2014
ABSTRACT / INHALTSTEXT
WITH CONTRIBUTIONS BY FEDERICO TRIONFETTI IN THE PRESENT TEXT THE AUTHOR
DEALS WITH BOTH CONVENTIONAL AND NEW APPROACHES TO TRADE THEORY AND
POLICY, TREATING ALL IMPORTANT RESEARCH TOPICS IN INTERNATIONAL
ECONOMICS AND CLARIFYING THEIR MATHEMATICAL INTRICACIES. THE TEXTBOOK IS
INTENDED FOR UNDERGRADUATES, GRADUATES AND RESEARCHERS ALIKE. IT
ADDRESSES UNDERGRADUATE STUDENTS WITH EXTREMELY CLEAR LANGUAGE AND
ILLUSTRATIONS, MAKING EVEN THE MOST COMPLEX TRADE MODELS ACCESSIBLE. IN
THE APPENDICES, GRADUATE STUDENTS AND RESEARCHERS WILL FIND
SELF-CONTAINED TREATMENTS IN MATHEMATICAL TERMS. THE NEW EDITION HAS
BEEN THOROUGHLY REVISED AND UPDATED TO REFLECT THE LATEST RESEARCH ON
INTERNATIONAL TRADE. INTERNATIONAL TRADE THEORY AND POLICY IS A
MASTERFUL EXPOSITION OF THE CORE IDEAS OF INTERNATIONAL TRADE. THE BOOK
UPDATES THE CLASSIC MONOGRAPH OF PROFESSOR GANDOLFO AND IS NOW THE
SINGLE MOST COMPREHENSIVE AND UP-TO-DATE BOOK IN THE FIELD. I HIGHLY
RECOMMEND IT FOR ADVANCED UNDERGRADUATES, PHD STUDENTS, AND PROFESSIONAL
ECONOMISTS. EVEN SPECIALISTS IN INTERNATIONAL TRADE WILL FIND NEW
INSIGHTS. PROFESSOR DONALD R. DAVIS, KATHRYN AND SHELBY CULLOM DAVIS
PROFESSOR OF ECONOMICS AND INTERNATIONAL AFFAIRS, COLUMBIA UNIVERSITY
THIS NEW EDITION OF INTERNATIONAL TRADE THEORY AND POLICY CONTINUES THE
FINE TRADITION SET BY GIANCARLO GANDOLFO WITH HIS FIRST EDITION. THIS IS
A COMPREHENSIVE AND UP TO DATE TEXTBOOK IDEAL FOR BOTH UNDERGRADUATE AND
GRADUATE TRADE COURSES. THIS NEW EDITION INCLUDES THE LATEST ON
GLOBALIZATION, ECONOMIC GEOGRAPHY AS WELL AS A TRADE INTEGRATION AND
WAGE INEQUALITY. IT IS AN ESSENTIAL ADDITION TO ANY ACADEMICS BOOKSHELF
AND AN IMPORTANT REFERENCE IN ANY QUALITY INTERNATIONAL TRADE COURSE.
PROFESSOR PASQUALE M. SGRO, ASSOCIATE DEAN RESEARCH, FACULTY OF BUSINESS
AND LAW, DEAKIN UNIVERSITY AND EDITOR, JOURNAL OF INTERNATIONAL TRADE
AND ECONOMIC DEVELOPMENT
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
|
| any_adam_object | 1 |
| author | Gandolfo, Giancarlo |
| author_GND | (DE-588)170260941 |
| author_facet | Gandolfo, Giancarlo |
| author_role | aut |
| author_sort | Gandolfo, Giancarlo |
| author_variant | g g gg |
| building | Verbundindex |
| bvnumber | BV040924394 |
| callnumber-first | H - Social Science |
| callnumber-label | HF1379 |
| callnumber-raw | HF1379.G35 1998 |
| callnumber-search | HF1379.G35 1998 |
| callnumber-sort | HF 41379 G35 41998 |
| callnumber-subject | HF - Commerce |
| classification_rvk | MK 8500 QM 000 QM 220 |
| classification_tum | WIR 210f WIR 275f |
| ctrlnum | (OCoLC)859367956 (DE-599)BVBBV040924394 |
| dewey-full | 38221 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 382 - International commerce (Foreign trade) |
| dewey-raw | 382 21 |
| dewey-search | 382 21 |
| dewey-sort | 3382 221 |
| dewey-tens | 380 - Commerce, communications, transportation |
| discipline | Politologie Wirtschaftswissenschaften |
| edition | 2. ed. |
| format | Book |
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| genre_facet | Lehrbuch |
| id | DE-604.BV040924394 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T00:35:28Z |
| institution | BVB |
| isbn | 3642373135 9783642373138 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025903469 |
| oclc_num | 859367956 |
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| owner_facet | DE-M382 DE-355 DE-BY-UBR DE-2070s DE-945 DE-N2 DE-188 DE-521 DE-384 DE-83 DE-706 |
| physical | XXVII, 663 S. graph. Darst. |
| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | Springer |
| record_format | marc |
| series2 | Springer texts in business and economics |
| spelling | Gandolfo, Giancarlo Verfasser (DE-588)170260941 aut International trade theory and policy Giancarlo Gandolfo 2. ed. Berlin [u.a.] Springer 2014 XXVII, 663 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Springer texts in business and economics commercio internazionale - teoria - [manuale] tessin-TR Weltwirtschaft Ökonometrisches Modell International trade International trade -- Econometric models Commercial policy International economic relations Außenhandelspolitik (DE-588)4003841-5 gnd rswk-swf Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content Reale Außenwirtschaftstheorie (DE-588)4069013-1 s DE-604 Außenhandelspolitik (DE-588)4003841-5 s b DE-604 Erscheint auch als Online-Ausgabe 978-3-642-37314-5 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025903469&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Springer Fremddatenuebernahme application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025903469&sequence=000005&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Abstract |
| spellingShingle | Gandolfo, Giancarlo International trade theory and policy commercio internazionale - teoria - [manuale] tessin-TR Weltwirtschaft Ökonometrisches Modell International trade International trade -- Econometric models Commercial policy International economic relations Außenhandelspolitik (DE-588)4003841-5 gnd Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd |
| subject_GND | (DE-588)4003841-5 (DE-588)4069013-1 (DE-588)4123623-3 |
| title | International trade theory and policy |
| title_auth | International trade theory and policy |
| title_exact_search | International trade theory and policy |
| title_full | International trade theory and policy Giancarlo Gandolfo |
| title_fullStr | International trade theory and policy Giancarlo Gandolfo |
| title_full_unstemmed | International trade theory and policy Giancarlo Gandolfo |
| title_short | International trade theory and policy |
| title_sort | international trade theory and policy |
| topic | commercio internazionale - teoria - [manuale] tessin-TR Weltwirtschaft Ökonometrisches Modell International trade International trade -- Econometric models Commercial policy International economic relations Außenhandelspolitik (DE-588)4003841-5 gnd Reale Außenwirtschaftstheorie (DE-588)4069013-1 gnd |
| topic_facet | commercio internazionale - teoria - [manuale] Weltwirtschaft Ökonometrisches Modell International trade International trade -- Econometric models Commercial policy International economic relations Außenhandelspolitik Reale Außenwirtschaftstheorie Lehrbuch |
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