Putting Per-capita Income Back Into Trade Theory

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Putting Per-capita Income Back Into Trade Theory by : James R. Markusen

Download or read book Putting Per-capita Income Back Into Trade Theory written by James R. Markusen and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: A major role for per-capita income in international trade, as opposed to simply country size, was persuasively advanced by Linder (1961). Yet this crucial element of Linder's story was abandon by most later trade economists in favor of the analytically-tractable but counter-empirical assumption that all countries share identical and homothetic preferences. This paper collects and unifies a number of disjoint points in the existing literature and builds further on them using simple and tractable alternative preferences. Adding non-homothetic preferences to a traditional models helps explain such diverse phenomenon as growing wage gaps, the mystery of the missing trade, home bias in consumption, and the role of intra-country income distribution, solely from the demand side of general equilibrium. With imperfect competition, we can explain higher markups and higher price levels in higher per-capita income countries, and the puzzle that gravity equations show a positive dependence of trade on per-capita incomes, aggregate income held constant. In all cases, the effects of growth are quite different depending on whether it is growth in productivity or through factor accumulation. The paper concludes with some suggestions for calibration, estimation, and gravity equations

Per Capita Income, Demand for Variety, and International Trade

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Publisher :
ISBN 13 : 9780753013861
Total Pages : 26 pages
Book Rating : 4.0/5 (138 download)

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Book Synopsis Per Capita Income, Demand for Variety, and International Trade by : Paolo Ramezzana

Download or read book Per Capita Income, Demand for Variety, and International Trade written by Paolo Ramezzana and published by . This book was released on 2000 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Trade Theory and Policy

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Publisher : Springer Science & Business Media
ISBN 13 : 3642373143
Total Pages : 669 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis International Trade Theory and Policy by : Giancarlo Gandolfo

Download or read book International Trade Theory and Policy written by Giancarlo Gandolfo and published by Springer Science & Business Media. This book was released on 2013-08-13 with total page 669 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Does What You Export Matter?

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Publisher : World Bank Publications
ISBN 13 : 0821384910
Total Pages : 153 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Does What You Export Matter? by : Daniel Lederman

Download or read book Does What You Export Matter? written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.

International Trade

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Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 504 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis International Trade by : James R. Markusen

Download or read book International Trade written by James R. Markusen and published by McGraw-Hill/Irwin. This book was released on 1995 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is suitable for international trade courses at the undergraduate level. Knowledge of microeconomics is an assumed prerequisite for students using this text.

Encyclopedia Of International Economics And Global Trade (In 3 Volumes)

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Publisher : World Scientific
ISBN 13 : 9811200572
Total Pages : 1044 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Encyclopedia Of International Economics And Global Trade (In 3 Volumes) by :

Download or read book Encyclopedia Of International Economics And Global Trade (In 3 Volumes) written by and published by World Scientific. This book was released on 2020-03-23 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era when trade and currency wars threaten to end a long-standing period of growing trade and capital flows, the economics of international trade, investment and finance have become more important than ever. This three-volume Encyclopedia provides a comprehensive and up-to-date overview of the theory and evidence on the causes and consequences of global trade, and the theory and evidence on the economics of international trade, financial and monetary transactions.It provides, first of all, a comprehensive set of entries explaining the key theoretical concepts in international economics as well as the latest empirical and simulation techniques used in the academic literature. In addition, various entries present the history behind — and the controversies surrounding — the core current global trade and monetary institutions, from the World Trade Organization to the European Monetary Union.The three volumes also provide a serious discussion of today's central policy debates, including the impact of globalization on employment, wages and income distribution, the imposition of controls on international financial flows, the effects of tariffs and protectionist policies, fixed versus flexible exchange rate regimes, and the role of the multinational enterprise on global growth, technical change and income distribution, among many others.

Trade and the Environment

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Publisher : Princeton University Press
ISBN 13 : 1400850703
Total Pages : 305 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Trade and the Environment by : Brian R. Copeland

Download or read book Trade and the Environment written by Brian R. Copeland and published by Princeton University Press. This book was released on 2013-12-03 with total page 305 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.

Behind-the-Border Policies

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Publisher : Cambridge University Press
ISBN 13 : 1108485537
Total Pages : 385 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Behind-the-Border Policies by : Joseph Francois

Download or read book Behind-the-Border Policies written by Joseph Francois and published by Cambridge University Press. This book was released on 2019-11-07 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a contemporary overview of key issues related to non-tariff trade policy measures and domestic regulation.

Proceedings of the XIV INTERNATIONAL SYMPOSIUM SYMORG 2014

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Publisher : FON
ISBN 13 : 8676802955
Total Pages : 1795 pages
Book Rating : 4.6/5 (768 download)

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Book Synopsis Proceedings of the XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 by : Aleksandar Marković

Download or read book Proceedings of the XIV INTERNATIONAL SYMPOSIUM SYMORG 2014 written by Aleksandar Marković and published by FON. This book was released on 2014-06-05 with total page 1795 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics and Power-intensive Industries

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Publisher : Springer
ISBN 13 : 3319129406
Total Pages : 77 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Economics and Power-intensive Industries by : Helga Kristjánsdóttir

Download or read book Economics and Power-intensive Industries written by Helga Kristjánsdóttir and published by Springer. This book was released on 2014-12-03 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delving into the connections between renewable energy and economics on an international level, this book focuses specifically on hydropower and geothermal power production for use in the power intensive industry. It takes readily available government and international statistics to provide insight into how businesses and economists can interpret the factors that influence the growth of power intensive industries. It also discusses the CarbFix and SulFix projects that involve the injection of hydrogen sulphide (H2S), and carbon dioxide (CO2) back to reservoir as an emission reduction method. With improved engineering processes, both types of power generation are increasingly subject to economies of scale. These exciting technological developments have a great potential to change the way the world works, as the economy continues to rely so heavily on energy to drive production. Green energy is without a question going to be a major factor in our future, so studying it at its nascence is particularly exciting. This book is intended for academic researchers and students interested in current economic and environmental hot topics, as well as people interested in the inner workings of a possible new investment opportunity.

The Atlas of Economic Complexity

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Publisher : MIT Press
ISBN 13 : 0262317737
Total Pages : 369 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis The Atlas of Economic Complexity by : Ricardo Hausmann

Download or read book The Atlas of Economic Complexity written by Ricardo Hausmann and published by MIT Press. This book was released on 2014-01-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Trade, Development, and Political Economy in East Asia

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Publisher : Institute of Southeast Asian Studies
ISBN 13 : 981462005X
Total Pages : 306 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Trade, Development, and Political Economy in East Asia by : Prema-Chandra Athukorala

Download or read book Trade, Development, and Political Economy in East Asia written by Prema-Chandra Athukorala and published by Institute of Southeast Asian Studies. This book was released on 2014-11-14 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a tribute to Professor Hal Hill, one of the most distinguished and internationally renowned Australian development economists and the single most important Australian figure in the networks that bind the Australian and Southeast Asian economics professions over the past four decades. The volume contains twelve original contributions by distinguished scholars who are at the forefront of their own subject areas. The contributions are thematically arranged into three parts to reflect Professor Hill’s wide-ranging research interests: trade policy issues central to the development policy debate, structural change and global economic integration in East Asian economies, and the political economy of development policy.

Agricultural development: New perspectives in a changing world

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Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896293831
Total Pages : 798 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis Agricultural development: New perspectives in a changing world by : Otsuka, Keijiro, ed.

Download or read book Agricultural development: New perspectives in a changing world written by Otsuka, Keijiro, ed. and published by Intl Food Policy Res Inst. This book was released on 2021-01-14 with total page 798 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural Development: New Perspectives in a Changing World is the first comprehensive exploration of key emerging issues facing developing-country agriculture today, from rapid urbanization to rural transformation to climate change. In this four-part volume, top experts offer the latest research in the field of agricultural development. Using new lenses to examine today’s biggest challenges, contributors address topics such as nutrition and health, gender and household decision-making, agrifood value chains, natural resource management, and political economy. The book also covers most developing regions, providing a critical global perspective at a time when many pressing challenges extend beyond national borders. Tying all this together, Agricultural Development explores policy options and strategies for developing sustainable agriculture and reducing food insecurity and malnutrition. The changing global landscape combined with new and better data, technologies, and understanding means that agriculture can and must contribute to a wider range of development outcomes than ever before, including reducing poverty, ensuring adequate nutrition, creating strong food value chains, improving environmental sustainability, and promoting gender equity and equality. Agricultural Development: New Perspectives in a Changing World, with its unprecedented breadth and scope, will be an indispensable resource for the next generation of policymakers, researchers, and students dedicated to improving agriculture for global wellbeing.

Agricultural Trade, Policy Reforms, and Global Food Security

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Publisher : Springer
ISBN 13 : 1137469250
Total Pages : 389 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Agricultural Trade, Policy Reforms, and Global Food Security by : Kym Anderson

Download or read book Agricultural Trade, Policy Reforms, and Global Food Security written by Kym Anderson and published by Springer. This book was released on 2016-11-25 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the potential for policy reform as a short-term, low-cost way to sustainably enhance global food security. It argues that reforming policies that distort food prices and trade will promote the openness needed to maximize global food availability and reduce fluctuations in international food prices. Beginning with an examination of historical trends in markets and policies, Anderson assesses the prospects for further reforms, and projects how they may develop over the next fifteen years. He pays particular attention to domestic policy changes made possible by the information technology revolution, which will complement global change to deal directly with farmer and consumer concerns.

World Development Report 2020

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Publisher : World Bank Publications
ISBN 13 : 1464814953
Total Pages : 511 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2020 by : World Bank

Download or read book World Development Report 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-19 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

The Role of Trade in Ending Poverty

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Publisher :
ISBN 13 : 9789287042323
Total Pages : 0 pages
Book Rating : 4.0/5 (423 download)

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Book Synopsis The Role of Trade in Ending Poverty by :

Download or read book The Role of Trade in Ending Poverty written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Role of Trade in Ending Poverty looks at the complex relationships between economic growth, poverty reduction and trade, and examines the challenges that poor people face in benefiting from trade opportunities. Written jointly by the World Bank Group and the WTO, the publication examines how trade could make a greater contribution to ending poverty by increasing efforts to lower trade costs, improve the enabling environment, implement trade policy in conjunction with other areas of policy, better manage risks faced by the poor, and improve data used for policy-making.

Trade and Inequality

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781783479474
Total Pages : 0 pages
Book Rating : 4.4/5 (794 download)

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Book Synopsis Trade and Inequality by : Pinelopi K. Goldberg

Download or read book Trade and Inequality written by Pinelopi K. Goldberg and published by Edward Elgar Publishing. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.