Theory of international trade: a dual, general equilibrium approach

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 particula...

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Bibliographic Details
Main Author: Dixit, Avinash K. (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 1980
Series:Cambridge economic handbooks
Subjects:
Online Access:BSB01
UBG01
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Summary: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
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (x, 339 pages)
ISBN:9780511628627
DOI:10.1017/CBO9780511628627

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