Empirical Research on Trade Liberalisation with Imperfect Competition: A Survey
Orthodox trade theory rests on a number of unrealistic assumptions which include, among others, constant returns to scale in production and perfect competition in product and factor markets. This has led many commentators to express strong skepticism about the policy conclusions flowing from the ort...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1988
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | Orthodox trade theory rests on a number of unrealistic assumptions which include, among others, constant returns to scale in production and perfect competition in product and factor markets. This has led many commentators to express strong skepticism about the policy conclusions flowing from the orthodox framework. In response to these concerns, a rapidly-growing literature has developed over the past decade which incorporates more realistic features of the trading system such as imperfect competition, increasing returns to scale and product differentiation. This paper presents a review of the empirical research on the "new trade" theories. Section II outlines briefly the theoretical framework for the empirical research. The results from a series of partial and general equilibrium studies are surveyed in Section III. The final section suggests some directions for future work in this area ... |
| Beschreibung: | 1 Online-Ressource (52 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/576532716180 |
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Datensatz im Suchindex
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| spelling | Richardson, J. David Verfasser aut Empirical Research on Trade Liberalisation with Imperfect Competition A Survey J. David Richardson Paris OECD Publishing 1988 1 Online-Ressource (52 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Orthodox trade theory rests on a number of unrealistic assumptions which include, among others, constant returns to scale in production and perfect competition in product and factor markets. This has led many commentators to express strong skepticism about the policy conclusions flowing from the orthodox framework. In response to these concerns, a rapidly-growing literature has developed over the past decade which incorporates more realistic features of the trading system such as imperfect competition, increasing returns to scale and product differentiation. This paper presents a review of the empirical research on the "new trade" theories. Section II outlines briefly the theoretical framework for the empirical research. The results from a series of partial and general equilibrium studies are surveyed in Section III. The final section suggests some directions for future work in this area ... Economics https://doi.org/10.1787/576532716180 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Richardson, J. David Empirical Research on Trade Liberalisation with Imperfect Competition A Survey Economics |
| title | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey |
| title_auth | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey |
| title_exact_search | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey |
| title_exact_search_txtP | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey |
| title_full | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey J. David Richardson |
| title_fullStr | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey J. David Richardson |
| title_full_unstemmed | Empirical Research on Trade Liberalisation with Imperfect Competition A Survey J. David Richardson |
| title_short | Empirical Research on Trade Liberalisation with Imperfect Competition |
| title_sort | empirical research on trade liberalisation with imperfect competition a survey |
| title_sub | A Survey |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/576532716180 |
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