The Short-run Effects of Product Differentiation on Trade

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (117 download)

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Book Synopsis The Short-run Effects of Product Differentiation on Trade by : Peter Herman

Download or read book The Short-run Effects of Product Differentiation on Trade written by Peter Herman and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Theory of Product Differentiation

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Publisher : Cambridge University Press
ISBN 13 : 9780521335522
Total Pages : 220 pages
Book Rating : 4.3/5 (355 download)

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Book Synopsis The Economic Theory of Product Differentiation by : John Beath

Download or read book The Economic Theory of Product Differentiation written by John Beath and published by Cambridge University Press. This book was released on 1991-02-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.

Intra-industry Trade

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 584 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Intra-industry Trade by : Peter John Lloyd

Download or read book Intra-industry Trade written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2003 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.

Market Size, Trade, and Productivity

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Market Size, Trade, and Productivity by : Marc J. Melitz

Download or read book Market Size, Trade, and Productivity written by Marc J. Melitz and published by . This book was released on 2005 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a monopolistically competitive model of trade with firm heterogeneity - in terms of productivity differences - and endogenous differences in the 'toughness' of competition across markets - in terms of the number and average productivity of competing firms. We analyze how these features vary across markets of different size that are not perfectly integrated through trade; we then study the effects of different trade liberalization policies. In our model, market size and trade affect the toughness of competition, which then feeds back into the selection of heterogeneous producers and exporters in that market. Aggregate productivity and average markups thus respond to both the size of a market and the extent of its integration through trade (larger, more integrated markets exhibit higher productivity and lower markups). Our model remains highly tractable, even when extended to a general framework with multiple asymmetric countries integrated to different extents through asymmetric trade costs. We believe this provides a useful modeling framework that is particularly well suited to the analysis of trade and regional integration policy scenarios in an environment with heterogeneous firms and endogenous markups.

Strategic Trade Policy with Endogenous Product Differentiation

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Strategic Trade Policy with Endogenous Product Differentiation by : Andreas Hoefele

Download or read book Strategic Trade Policy with Endogenous Product Differentiation written by Andreas Hoefele and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper I develop a model of international duopoly, where firms invest in product differentiation. I show that firms have an incentive to free-ride on the investment of their rival, due to an externality generated by product differentiation. A further effect of product differentiation is the market-expansion effect, which induces consumers to increase their aggregate spending in the market. Depending on the strength of the two effects, the investments are either strategic substitutes or strategic complements. I link this result to strategic trade policy and show that the optimal policy depends on the strength of the market-expansion effect.

Product Differentiation, Multi-product Firms and Estimating the Impact of Trade Liberalization on Productivity

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (153 download)

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Book Synopsis Product Differentiation, Multi-product Firms and Estimating the Impact of Trade Liberalization on Productivity by : Jan de Loecker

Download or read book Product Differentiation, Multi-product Firms and Estimating the Impact of Trade Liberalization on Productivity written by Jan de Loecker and published by . This book was released on 2007 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In this paper I analyze the productivity gains from trade liberalization in the Belgian textile industry. So far, empirical research has established a strong relationship between opening up to trade and productivity, relying almost entirely on deflated sales to proxy for output in the production function. The latter implies that the resulting productivity estimates still capture price and demand shocks which are most likely to be correlated with the change in the operating environment, which invalidate the evaluation of the welfare implications. In order to get at the true productivity gains I propose a simple methodology to estimate a production function controlling for unobserved prices by introducing an explicit demand system. I combine a unique data set containing matched plant-level and product-level information with detailed product-level quota protection information to recover estimates for productivity as well as parameters of the demand side (markups). I find that when correcting for unobserved prices and demand shocks, the estimated productivity gains from relaxing protection are only half (from 6 to only 3 percent) of those obtained with standard techniques."--abstract.

Risks in Agricultural Supply Chains

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Publisher : University of Chicago Press
ISBN 13 : 0226829235
Total Pages : 285 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Risks in Agricultural Supply Chains by : Pol Antràs

Download or read book Risks in Agricultural Supply Chains written by Pol Antràs and published by University of Chicago Press. This book was released on 2023-09-13 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential guide to the role of microeconomic incentives, macro policies, and technological change in enhancing agriculture resilience. Climate change and the recent COVID-19 pandemic have exposed the vulnerability of global agricultural supply and value chains. There is a growing awareness of the importance of interactions within and between these supply chains for understanding the performance of agricultural markets. This book presents a collection of research studies that develop conceptual models and empirical analyses of risk resilience and vulnerability in supply chains. The chapters emphasize the roles played by microeconomic incentives, macroeconomic policies, and technological change in contributing to supply chain performance. The studies range widely, considering for example how agent-based modeling and remote sensing data can be used to assess the impact of shocks, and how recent shocks such as the COVID-19 pandemic and the African Swine fever in China affected agricultural labor markets, the supply chain for meat products, and the food retailing sector. A recurring theme is the transformation of agricultural supply chains and the volatility of food systems in response to microeconomic shocks. The chapters not only present new findings but also point to important directions for future research.

Effects of Short-term Trading on Long-term Investments

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Effects of Short-term Trading on Long-term Investments by : United States. Congress. Senate. Committee on Finance

Download or read book Effects of Short-term Trading on Long-term Investments written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1990 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policy and Market Structure

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Publisher : MIT Press
ISBN 13 : 9780262580984
Total Pages : 212 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Trade Policy and Market Structure by : Elhanan Helpman

Download or read book Trade Policy and Market Structure written by Elhanan Helpman and published by MIT Press. This book was released on 1989-03-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sequel to Market Structure and Foreign Trade examines the new international trade's applied side. It provides a compact guide to models of the effects of trade policy in imperfectly competitive markets, as well as an up-to-date survey of existing knowledge, which is extended by the authors' useful interpretations of the results.

The Competitive Advantage of Nations

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

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Book Synopsis The Competitive Advantage of Nations by : Michael E. Porter

Download or read book The Competitive Advantage of Nations written by Michael E. Porter and published by . This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Economics

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Publisher : Oxford University Press
ISBN 13 : 0199567093
Total Pages : 756 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis International Economics by : Charles Van Marrewijk

Download or read book International Economics written by Charles Van Marrewijk and published by Oxford University Press. This book was released on 2012-04-19 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering both trade and international finance, this innovative text provides a thoroughly up-do-date and comprehensive treatment of each area. Throughout, the theory is illustrated with empirical evidence and an abundance of relevant case studies. It includes an online study guide.

Principles of Macroeconomics for AP® Courses 2e

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Publisher :
ISBN 13 : 9781947172432
Total Pages : 0 pages
Book Rating : 4.1/5 (724 download)

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Book Synopsis Principles of Macroeconomics for AP® Courses 2e by : Steven A. Greenlaw

Download or read book Principles of Macroeconomics for AP® Courses 2e written by Steven A. Greenlaw and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

The Economics of Imperfect Competition

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Publisher : Springer
ISBN 13 : 1349153206
Total Pages : 359 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis The Economics of Imperfect Competition by : Joan Robinson

Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Geography and Public Policy

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Publisher : Princeton University Press
ISBN 13 : 1400841232
Total Pages : 500 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Economic Geography and Public Policy by : Richard Baldwin

Download or read book Economic Geography and Public Policy written by Richard Baldwin and published by Princeton University Press. This book was released on 2011-10-16 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well. However, these efforts--collectively known as the "new economic geography"--have devoted little attention to the policy implications of the new theory. Economic Geography and Public Policy fills the gap by illustrating many new policy insights economic geography models can offer to the realm of theoretical policy analysis. Focusing primarily on trade policy, tax policy, and regional policy, Richard Baldwin and coauthors show how these models can be used to make sense of real-world situations. The book not only provides much fresh analysis but also synthesizes insights from the existing literature. The authors begin by presenting and analyzing the widest range of new economic geography models to date. From there they proceed to examine previously unaddressed welfare and policy issues including, in separate sections, trade policy (unilateral, reciprocal, and preferential), tax policy (agglomeration with taxes and public goods, tax competition and agglomeration), and regional policy (infrastructure policies and the political economy of regional subsidies). A well-organized, engaging narrative that progresses smoothly from fundamentals to more complex material, Economic Geography and Public Policy is essential reading for graduate students, researchers, and policymakers seeking new approaches to spatial policy issues.

Fundamentals of Antitrust Law

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Publisher : Wolters Kluwer
ISBN 13 : 1454801158
Total Pages : 2140 pages
Book Rating : 4.4/5 (548 download)

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Book Synopsis Fundamentals of Antitrust Law by : Phillip Areeda

Download or read book Fundamentals of Antitrust Law written by Phillip Areeda and published by Wolters Kluwer. This book was released on 2011-01-01 with total page 2140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The hands-on guide to antitrust issues that todayand’s courts confront most often, with guidance on developing litigation strategy, counseling clients on compliance, representing clients before regulators, and advising on mergers and acquisitions; confidently advise clients on Sherman Act compliance, Hart Scott Rodino, distribution and pricing issues, and complex commercial litigation. By Herbert Hovenkamp and Phillip E. Areeda. Now published in a single-volume with an annual update, Fundamentals of Antitrust Law, Fourth Edition provides sophisticated coverage of the topics most cited or litigated in the field. Whether you are developing litigation strategy, counseling clients on compliance, representing clients before regulators, or advising on mergers and acquisitions, Fundamentals of Antitrust Law, Fourth Edition has all the information you need, at your fingertips. Turn to this invaluable volume when: Advising clients on specific aspects to comply with the Sherman Act Developing litigation strategies Representing clients before regulators Advising clients on mergers and acquisitions Advising clients on Hart Scott Rodino Handling complex commercial litigation Handling distribution and pricing issues for clients And more Organized by issue, Fundamentals of Antitrust Law, Fourth Edition covers the full range of anticompetitive conduct, as well as procedural issues. It is keyed to the leading Areeda and& Hovenkamp treatise, Antitrust Law: An Analysis of Antitrust Principles and Their Application and includes extensive cross references, organization that follows the main work, and a thorough index that allow you to get to the information you need quickly and easily.

Introduction to Business

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Publisher :
ISBN 13 : 9781947172555
Total Pages : 732 pages
Book Rating : 4.1/5 (725 download)

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Book Synopsis Introduction to Business by : Lawrence J. Gitman

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2018 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.

Evolving Patterns In Global Trade And Finance

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Publisher : World Scientific
ISBN 13 : 9814603422
Total Pages : 349 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Evolving Patterns In Global Trade And Finance by : Sven W Arndt

Download or read book Evolving Patterns In Global Trade And Finance written by Sven W Arndt and published by World Scientific. This book was released on 2014-07-18 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Evolving Patterns in Global Trade and Finance, Professor Sven W Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include economic and monetary integration, cross-border production networks, and stabilization policy in orthodox and mixed exchange-rate regimes. The theoretical framework developed in this volume provides critical assessments of existing policies and practices, develops theoretical foundations for new and emerging patterns in trade and finance, and evaluates how well economists and policy makers are dealing (or have dealt) with the challenges they face. Readers will find the most in-depth and comprehensive discussion of international production networks (“off-shoring”), a detailed analysis of the implications for US economic stability and policy autonomy of its unorthodox exchange rate regime of fixed and floating rates, and insights into the causes of recent economic and financial turmoil in the global economy.