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Author : William V. Rapp
Publisher :
ISBN 13 :
Total Pages : 560 pages
Book Rating : 4.3/5 (512 download)
Download or read book A Theory of Changing Trade Patterns Under Economic Growth written by William V. Rapp and published by . This book was released on 1967 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaus Wälde
Publisher : Springer Science & Business Media
ISBN 13 : 364250034X
Total Pages : 160 pages
Book Rating : 4.6/5 (425 download)
Download or read book Convergence, Divergence and Changing Trade Patterns written by Klaus Wälde and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. Introduction and overview Until still few years ago, economic growth theory (going back to Solow, 1956; for an introduction cf. Burmeister and Dobell, 1970) predicted convergence of both growth rates and level of per capita income of economies which share identical preferences, technologies and same population growth rates, independently of initial conditions. Countries with a low capital stock grow faster than those with a higher capital stock, until, in the long-run, they all converge to a common constant growth rate. This prediction is due to the way how growth is "explained" in models of this kind. Growth of output per capita resulted, in the simplest model, from an exogenous growth oflabour productivity (see e. g. Sala-i-Martin, 1990; Grossman and Helpman, 1991a, ch. 2). Si!1ce this increase of productivity is exogenously given, the model itselfdoes not give any explanation ofits source. The prediction ofconvergence ofgrowth rates, itself, is very doubtful and observations show, that on an international level either convergence is not given at all, or that it takes a very long time. The literature of the "new" theory of growth provides a rich variety of models whose theoretical implications range from divergence to convergence and thus offers much better working tools in order to analyze real world observations. These models (starting with Romer, 1986 and Lucas, 1988) explain growth of GNP or per capita income from within the model by includingexternal effects such as a public stock ofknowledge capital (e. g.
Author : Nagwa Riad
Publisher : International Monetary Fund
ISBN 13 : 1463973101
Total Pages : 87 pages
Book Rating : 4.4/5 (639 download)
Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Author : Keld Laursen
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.F/5 ( download)
Download or read book Trade Specialisation, Technology and Economic Growth written by Keld Laursen and published by Edward Elgar Publishing. This book was released on 2000 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the role of international Ricardian specialization in economic development processes. Laursen (Copenhagen Business School) considers whether countries converge or diverge in terms of specialization patterns over time; if the role of technology can explain the direction of national trade specialization; and the implications of international specialization patterns and their changes for economic growth. Appreciative theories, neo-classical theories, post-Keynesian approaches, and evolutionary approaches are discussed in relation to each of the three issues. Annotation copyrighted by Book News Inc., Portland, OR
Author : B. Balassa
Publisher : Elsevier
ISBN 13 : 1483297136
Total Pages : 221 pages
Book Rating : 4.4/5 (832 download)
Download or read book Changing Trade Patterns in Manufactured Goods: An Econometric Investigation written by B. Balassa and published by Elsevier. This book was released on 2014-06-28 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the changing pattern of trade in manufactured goods by the use of econometric techniques. The method of investigation employed is cross-section analysis of data for thirty-eight developed and developing countries, for each of which manufactured goods accounted for at least 18 percent of total exports and surpassed $300 million in 1979. The results may further be interpreted in terms of the changes that occur in the pattern of specialization in the process of economic development.
Author : Wei-Bin Zhang
Publisher : Springer Science & Business Media
ISBN 13 : 3642181449
Total Pages : 204 pages
Book Rating : 4.6/5 (421 download)
Download or read book A Theory of International Trade written by Wei-Bin Zhang and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over more than two centuries the development ofeconomic theory has created a wide array of different concepts, theories, and insights. My recent book Capital and Knowledge (Zhang, 1999a) shows how separate economic theories such as the Marxian economics, the Keynesian economics, the general equilibrium theory, and the neoclassical growth theory can be examined within a single theoretical framework. The Capital and Knowledge constructs an economic theory to account for the phenomena explained by the main economic theories (of national economies) in a unified manner. It tries to draw together the disparate branches of economics into a single organized system ofknowledge. This book is a part of my economic theory with endogenous population, capital, knowledge, preferences, sexual division of labor and consumption, institutions, economic structures and exchange values over time and space (Zhang, 1996a). As an extension of the Capital and Knowledge, which is focused on the dynamics of national economies, this book is to construct a theory of international trade. We are concerned with dynamic relations between international division of labor, division of consumption and determination of prices structure in global economy. We examine dynamic interdependence between capital accumulation, knowledge creation and utilization, economic growth, price structures and international trade patterns under free competition. Our theory is constructed on the basis of a few concepts within a compact framework.
Author : Brian R. Copeland
Publisher : Princeton University Press
ISBN 13 : 9780691124001
Total Pages : 312 pages
Book Rating : 4.1/5 (24 download)
Download or read book Trade and the Environment written by Brian R. Copeland and published by Princeton University Press. This book was released on 2005-08-07 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowhere has the divide between advocates and critics of globalization been more striking than in debates over free trade and the environment. And yet the literature on the subject is high on rhetoric and low on results. This book is the first to systematically investigate the subject using both economic theory and empirical analysis. Brian Copeland and Scott Taylor establish a powerful theoretical framework for examining the impact of international trade on local pollution levels, and use it to offer a uniquely integrated treatment of the links between economic growth, liberalized trade, and the environment. The results will surprise many. The authors set out the two leading theories linking international trade to environmental outcomes, develop the empirical implications, and examine their validity using data on measured sulfur dioxide concentrations from over 100 cities worldwide during the period from 1971 to 1986. The empirical results are provocative. For an average country in the sample, free trade is good for the environment. There is little evidence that developing countries will specialize in pollution-intensive products with further trade. In fact, the results suggest just the opposite: free trade will shift pollution-intensive goods production from poor countries with lax regulation to rich countries with tight regulation, thereby lowering world pollution. The results also suggest that pollution declines amid economic growth fueled by economy-wide technological progress but rises when growth is fueled by capital accumulation alone. Lucidly argued and authoritatively written, this book will provide students and researchers of international trade and environmental economics a more reliable way of thinking about this contentious issue, and the methodological tools with which to do so.
Author : Julia Martins
Publisher : GRIN Verlag
ISBN 13 : 3640945654
Total Pages : 67 pages
Book Rating : 4.6/5 (49 download)
Download or read book Trade and Economic Growth written by Julia Martins and published by GRIN Verlag. This book was released on 2011-06-28 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1,0, Vienna University of Economics and Business (Institut für Außenwirtschaft und Entwicklung), language: English, abstract: The following paper relates two of the most important economic phenomena, namely economic growth and international trade. Before analysing the relationship between two economic phenomena in detail, an overview of some of the most prominent empirical empirical studies concerning the relationship between openness to international trade and economic growth in general is provided. As most of them seem to have reached the conclusion that trade influences growth in a positive way, the question for the reasons of this presumably positive relationship arises. Factors which cause or influence economic growth in general as well as various channels through which trade might have an influence on growth are presented in the third and forth section. The importance of various sources of economic and the Solow-Model and the AK-Model are introduced in order to distinguish between long-run and short-run effects of capital accumulation, learning by doing and R&D on economic growth. The remaining analysis concentrates on one channel in particular, namely on how trade determines a country's import and export structure. The importance of the range of products a country produces is enormous and affects economic growth and welfare. The fifth section introduces the static Ricardian model of comparative advantage in order to show how productivity levels dictate the patterns of trade and determine which products a country produces depending on static productivity levels at the time a country opens up to trade. Since productivity levels do, however, not remain constant but are influenced by learning by doing and specialisation, dynamic effects of specialisation on comparative advantage should not be neglected. For this purpose, a model of dynamic comparative advantage is introduced in the sixth section. It shows how comparative advantages which exist at the time an economy opens up to trade tend to lock in and determine trade patterns in the long run. The question is raised when an economy should open up to trade and a justification of the infant industry argument is provided on theoretical grounds. The paper is concluded by a welfare analysis, which tries to answer the question under which conditions free trade or protectionist policies are best suited for a country.
Author : Ragnar Nurkse
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 (512 download)
Download or read book Patterns of Trade and Development written by Ragnar Nurkse and published by . This book was released on 1961 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bela Balassa
Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.:/5 (321 download)
Download or read book Comparative Advantage, Trade Policy and Economic Development written by Bela Balassa and published by . This book was released on 1989 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Brian Joseph McCormick
Publisher : Rowman & Littlefield
ISBN 13 : 9780860031796
Total Pages : 326 pages
Book Rating : 4.0/5 (317 download)
Download or read book The World Economy written by Brian Joseph McCormick and published by Rowman & Littlefield. This book was released on 1988 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : James Daniel Theberge
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 568 pages
Book Rating : 4.F/5 ( download)
Download or read book Economics of Trade and Development written by James Daniel Theberge and published by John Wiley & Sons. This book was released on 1968 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of readings in the economic theory of trade in relation to economic development - covers the effects of industrialization on exports, comparative advantage and development policy, Terms of Trade and economic development, tariff negotiation, technology transfer, capital formation, foreign investment in developing countries, policy obstacles to trade and development, etc. References and statistical tables.
Author : Julia Wörz
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (318 download)
Download or read book Patterns of Trade Specialization and Economic Growth written by Julia Wörz and published by . This book was released on 2003 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : World Trade Organization
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (745 download)
Download or read book Trade Patterns and Global Value Chains in East Asia written by World Trade Organization and published by . This book was released on 2011 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264113088
Total Pages : 351 pages
Book Rating : 4.2/5 (641 download)
Download or read book Globalisation, Comparative Advantage and the Changing Dynamics of Trade written by OECD and published by OECD Publishing. This book was released on 2011-10-20 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.
Author : Hans-Peter Brunner
Publisher : Edward Elgar Publishing
ISBN 13 : 9781843765851
Total Pages : 0 pages
Book Rating : 4.7/5 (658 download)
Download or read book Productivity, Competitiveness and Incomes in Asia written by Hans-Peter Brunner and published by Edward Elgar Publishing. This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this book link productivity change, trade competitiveness, networks of interaction and cooperation and income growth in developing Asian countries with the complex evolutionary processes of economic development and international trade. They take an innovative approach to simulating the complex micro-dynamics of competitiveness in order to distinguish those trade-related microeconomic dynamics and institutional reforms vital to leading countries out of institutional and poverty traps. Real competitiveness changes in six countries (Bangladesh, India, Indonesia, Nepal, Pakistan and Thailand) are measured from 1991 to 2000 with detailed international export unit value comparisons, to detect structural changes towards technology and knowledge intensive goods in trade patterns. No significant structural change was detected in the six countries during that period. Evolutionary trade theory is presented in two models and is calibrated with transaction and trade data from West Bengal and Nepal. These reveal that lower transport costs - resulting from investment in transport and institutional reforms related to the investment and trade environment - result initially in small productivity differences that can be amplified in a non-linear evolutionary system and eventually lead to a spatial restructuring of the system, and to a structural change in the trade patterns. The models in this path-breaking book can be used to explore the impact of a variety of interventions and policies. Productivity, Competitiveness and Incomes in Asia will be of interest to academics and researchers in Asian Studies, industrial economics, evolutionary economics and international business development. The book will also appeal to policy makers responsible for economic growth.
Author : John De la Mothe
Publisher : Psychology Press
ISBN 13 : 9781855671577
Total Pages : 344 pages
Book Rating : 4.6/5 (715 download)
Download or read book Evolutionary Economics and the New International Political Economy written by John De la Mothe and published by Psychology Press. This book was released on 1996 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary economics focuses on the theory of the firm, organizational behavior and the role of technological change to reassess in a non-orthodox way the factors which motivate firms and individuals on a national and international level. With the heightened level of economic interaction, modern socio-economies are increasingly being shaped by their trade patterns and their innovation activities. In recent years it has become equally clear that standard neo-classical and fashionable "public choice" approaches to trade and economic growth are incapable of explaining the current "drift" of capitalist economies, or of guiding, in any practical way, the formulation of either publication innovation and trade policies or corporate strategies. The evolutionary approach is gaining currency amongst academics in business and management studies, as it embraces political and philosophical debates about the economy. This text brings together leading authorities in the field to examine and explain in a lucid, clear andauthoritative way the changing nature of relations within and between national economies.
