Virtual Trade and Comparative Advantage

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Publisher : Springer Nature
ISBN 13 : 9811539065
Total Pages : 213 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Virtual Trade and Comparative Advantage by : Sugata Marjit

Download or read book Virtual Trade and Comparative Advantage written by Sugata Marjit and published by Springer Nature. This book was released on 2020-04-09 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher–Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.

Virtual Trade in a Changing World

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Publisher : Cambridge University Press
ISBN 13 : 1009115804
Total Pages : 161 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis Virtual Trade in a Changing World by : Sugata Marjit

Download or read book Virtual Trade in a Changing World written by Sugata Marjit and published by Cambridge University Press. This book was released on 2023-08-31 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept.

Free Trade and Absolute and Comparative Advantage

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Publisher : Universitätsverlag Potsdam
ISBN 13 : 3869561955
Total Pages : 116 pages
Book Rating : 4.8/5 (695 download)

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Book Synopsis Free Trade and Absolute and Comparative Advantage by : Reinhard Schumacher

Download or read book Free Trade and Absolute and Comparative Advantage written by Reinhard Schumacher and published by Universitätsverlag Potsdam. This book was released on 2012 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis deals with two theories of international trade: the theory of comparative advantage, which is connected to the name David Ricardo and is dominating current trade theory, and Adam Smith’s theory of absolute advantage. Both theories are compared and their assumptions are scrutinised. The former theory is rejected on theoretical and empirical grounds in favour of the latter. On the basis of the theory of absolute advantage, developments of free international trade are examined, whereby the focus is on trade between industrial and underdeveloped countries. The main conclusions are that trade patterns are determined by absolute production cost advantages and that the gap between developed and poor countries is not reduced but rather increased by free trade.

International Trade and Technology

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (38 download)

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Book Synopsis International Trade and Technology by : Michael P. Claudon

Download or read book International Trade and Technology written by Michael P. Claudon and published by . This book was released on 1977 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Comparative Advantage and Growth

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Publisher :
ISBN 13 : 9780710801814
Total Pages : 363 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Comparative Advantage and Growth by : David Evans

Download or read book Comparative Advantage and Growth written by David Evans and published by . This book was released on 1989 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Concise Guide to Macroeconomics, Second Edition

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Publisher : Harvard Business Review Press
ISBN 13 : 1625271972
Total Pages : 224 pages
Book Rating : 4.6/5 (252 download)

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Book Synopsis A Concise Guide to Macroeconomics, Second Edition by : David Moss

Download or read book A Concise Guide to Macroeconomics, Second Edition written by David Moss and published by Harvard Business Review Press. This book was released on 2014-07-15 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the Ground Rules for the Global Economy In this revised and updated edition of A Concise Guide to Macroeconomics, David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentials of macroeconomics and examines, in a simple and intuitive way, the core ideas of output, money, and expectations. Early chapters leave you with an understanding of everything from fiscal policy and central banking to business cycles and international trade. Later chapters provide a brief monetary history of the United States as well as the basics of macroeconomic accounting. You’ll learn why countries trade, why exchange rates move, and what makes an economy grow. Moss’s detailed examples will arm you with a clear picture of how the economy works and how key variables impact business and will equip you to anticipate and respond to major macroeconomic events, such as a sudden depreciation of the real exchange rate or a steep hike in the federal funds rate. Read this book from start to finish for a complete overview of macroeconomics, or use it as a reference when you’re confronted with specific challenges, like the need to make sense of monetary policy or to read a balance of payments statement. Either way, you’ll come away with a broad understanding of the subject and its key pieces, and you’ll be empowered to make smarter business decisions.

The Food-Energy-Water Nexus

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Publisher : Springer Nature
ISBN 13 : 3030299147
Total Pages : 686 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis The Food-Energy-Water Nexus by : Peter Saundry

Download or read book The Food-Energy-Water Nexus written by Peter Saundry and published by Springer Nature. This book was released on 2020-04-06 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: This will be the first textbook on the integration of food, energy and water systems (FEWS). In recent years, the world has seen a dramatic rise in interdisciplinary energy and environmental courses and degrees at the undergraduate and graduate levels. In the US for instance, the number and variety of such programs has increased significantly over the past decade, Simultaneously, national and international initiatives that integrate food, energy and water systems have been launched. This textbook provides a substantive introduction to the food-energy-water nexus suitable for use in higher level undergraduate and graduate level courses and for scholars moving into the field of nexus studies without a strong background in all three areas and the many aspects of nexus studies.

The 6th International Symposium on Water Resource and Environmental Management

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Publisher : Springer Nature
ISBN 13 : 3031559894
Total Pages : 326 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis The 6th International Symposium on Water Resource and Environmental Management by : Haoqing Xu

Download or read book The 6th International Symposium on Water Resource and Environmental Management written by Haoqing Xu and published by Springer Nature. This book was released on with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Economics

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Publisher : Oxford University Press
ISBN 13 : 0192688537
Total Pages : 657 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis International Economics by : Rajat Acharyya

Download or read book International Economics written by Rajat Acharyya and published by Oxford University Press. This book was released on 2023-02-17 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complementing trade theories with relevant trade empirics, this book covers three aspects of the study of International Economics: pure theory of trade, trade policy, and theory of Balance of Payments (BoP) and exchange rate. In the first part, it discusses the basic principles of international trade between dissimilar countries as well as between similar countries, and implications thereof in terms of welfare, income distribution, and growth. The approach taken here is distinctly different from that in most of the existing textbooks on international economics. Instead of model-specific discussions of the basic issues, it discusses the basic principles governing trade, gains from trade, and characteristics of international equilibrium in the context of a general trading environment of open economies. Subsequently, specific models of trade are introduced as alternative theoretical explanations for the basic principles of trade. In the second part, a wide range of policy issues are analysed including unilateral trade restrictions and promotions; reciprocatory trade policy choices through regionalism; product standards that regulate trade between developed and developing countries; and implications of capital inflow, FDI, fragmentation, and global value chains. In the third part, the book discusses different currency and exchange rate regimes and their implications for a country's balance of payments and foreign exchange reserves. Drawing upon the basic theories, it studies expenditure-reducing and expenditure-switching policies to correct for BoP imbalances under a pegged exchange rate regime. Finally, some reflections on the choice of exchange rate regime and optimum currency area wind up discussions of monetary issues in international economics.

Comparative Advantage and Heterogeneous Firms

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Comparative Advantage and Heterogeneous Firms by : Andrew B. Bernard

Download or read book Comparative Advantage and Heterogeneous Firms written by Andrew B. Bernard and published by . This book was released on 2004 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the industry level that magnify countries' comparative advantage. Focusing on the wide range of firm-level reactions to falling trade costs, the model also shows that, as trade costs fall, firms in comparative advantage industries are more likely to export, that relative firm size and the relative number of firms increases more in comparative advantage industries and that job turnover is higher in comparative advantage industries than in comparative disadvantage industries.

Strategic Analyses of the National River Linking Project (NRLP) of India Series 5. Proceedings of the Second National Workshop on Strategic Issues in Indian Irrigation, New Delhi, India, 8-9 April 2009

Download Strategic Analyses of the National River Linking Project (NRLP) of India Series 5. Proceedings of the Second National Workshop on Strategic Issues in Indian Irrigation, New Delhi, India, 8-9 April 2009 PDF Online Free

Author :
Publisher : IWMI
ISBN 13 : 9290907193
Total Pages : 369 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Strategic Analyses of the National River Linking Project (NRLP) of India Series 5. Proceedings of the Second National Workshop on Strategic Issues in Indian Irrigation, New Delhi, India, 8-9 April 2009 by : International Water Management Institute

Download or read book Strategic Analyses of the National River Linking Project (NRLP) of India Series 5. Proceedings of the Second National Workshop on Strategic Issues in Indian Irrigation, New Delhi, India, 8-9 April 2009 written by International Water Management Institute and published by IWMI. This book was released on 2008 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles.

Handbook on Water Security

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Publisher : Edward Elgar Publishing
ISBN 13 : 1782548017
Total Pages : 392 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Handbook on Water Security by : Claudia Pahl-Wostl

Download or read book Handbook on Water Security written by Claudia Pahl-Wostl and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water security has received increasing attention in the scientific and public policy communities in recent years. The Handbook on Water Security is a much-needed resource that helps the reader navigate between the differing interpretations of water security. It explains the various dimensions of the topic by approaching it both conceptually and thematically, as well as in relation to experiences in different regions of the world. The international contributors explore the various perspectives on water security to show that it has multiple meanings that cannot easily be reconciled. Topics discussed include: challenges from human security to consumerism, how trade policies can help to achieve water security in a transboundary setting, the potential of risk-based governance arrangements and the ecology of water security. Scholars and postgraduate students in the social sciences working on water-related issues will find this book to be of substantial interest. It will strongly appeal to policymakers and practitioners looking at the strengths and limitations of water security.

The concept of virtual water as a policy tool?

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Publisher : GRIN Verlag
ISBN 13 : 3640958918
Total Pages : 15 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis The concept of virtual water as a policy tool? by : Kristina Kirfel

Download or read book The concept of virtual water as a policy tool? written by Kristina Kirfel and published by GRIN Verlag. This book was released on 2011-07-14 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studienarbeit aus dem Jahr 2010 im Fachbereich VWL - Umweltökonomie, Note: 1,3, Humboldt-Universität zu Berlin (Environmental and Resource Economics), Veranstaltung: Land and Water Management, Sprache: Deutsch, Abstract: Water is distributed unevenly over the globe, making it scarce in many regions of the world. This scarcity is projected to increase significantly due to rapid population growth and increasing per capita affluence, leading to higher per capita water consumption. Global climate change may be an additional factor intensifying water shortness in some regions due to an increasing number of drought events. As water scarcity immediately effects agricultural production, food supply is at risk of becoming insecure in countries poorly endowed with water. ALLAN introduced the concept of virtual water in mid 1990s, stressing that import of food crops and thereby of virtual water could be the solution to water scarcity and food insecurity in water deficient countries (see ALLAN, 1996). Meanwhile, the trade of virtual water is strongly promoted in the water resources literature as a policy tool serving to enhance global water use efficiency, release pressure on nations’ short water resources, ensure food security, and even to prevent wars over water (see ALLAN, 1998, p.545). This is supported by the suggestion that food staples are readily available on the world market at prices undercutting the costs of production (see ALLAN, 1996, p.1, YANG AND ZEHNDER, 2002, p.1422). Following its potential benefits, ALLAN even called it ‘‘the dream solution in water-stressed economies’’ (see ALLAN, 2002, cited in ROTH AND WARNER, 2007, p.258). This paper aims at calling attention to the limitations of the concept and the adverse effects virtual water trade can have on the exporting aswell as on the importing countries. While the implementation of virtual water trade may lead to the desired outcome in terms of water savings, it may be socially, economically, and environmentally detrimental, if its many implications are not taken into account and economic and social adjustments to it are lacking. The paper is structured as follows: in chapter 2, the concept of virtual water will be explained by its definition and application to international trade, thereby highlighting its potential in water saving. Chapter 3 is devoted to the analysis of the relationship between water scarcity and virtual water trade, showing that water scarcity is only in few cases the driver of importing water-intensive commodities. [...]

The State of Agricultural Commodity Markets 2022

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Publisher : Food & Agriculture Org.
ISBN 13 : 9251363730
Total Pages : 128 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The State of Agricultural Commodity Markets 2022 by : Food and Agriculture Organization of the United Nations

Download or read book The State of Agricultural Commodity Markets 2022 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2022-06-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The State of Agricultural Commodity Markets 2022 (SOCO 2022) discusses how trade policies, based on both multilateral and regional approaches, can address today’s challenges for sustainable development. Trade policies in food and agriculture should aim to safeguard global food security, address the trade-offs between economic and environmental objectives, and strengthen the resilience of the global agrifood system to shocks, such as conflicts, pandemics and extreme weather. The report discusses the geography of trade, analysing food and agricultural trade and its patterns across countries and regions, its drivers and the trade policy environment. Comparative advantage, trade policies and trade costs shape the patterns of trade in food and agriculture. When comparative advantage plays out in the global market, trade benefits all countries. Lowering tariff barriers and reducing trade costs can promote trade and economic growth. Both multilateral and regional trade agreements can facilitate the process of making trade an avenue for growth but the gains of trade are distributed unevenly. When global environmental impacts, such as climate change, are considered, a multilateral approach to trade can help expand the reach of mitigation measures.

Managing Pandemic and Correcting Development Fundamentals

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Publisher : Springer Nature
ISBN 13 : 9811986800
Total Pages : 323 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Managing Pandemic and Correcting Development Fundamentals by : Ajitava Raychaudhuri

Download or read book Managing Pandemic and Correcting Development Fundamentals written by Ajitava Raychaudhuri and published by Springer Nature. This book was released on 2023-05-31 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the extent and nature of COVID-19 pandemic in India and its effect on the society and economy. The suggested management practices discussed here are also not stereotype. At the same time, it highlights deficiency in development fundamentals in India on several dimensions, especially health, education, quality of public spending, taxation orientation, external trade involvement across states, etc., deficiencies which create an inbuilt bottleneck toward the creation of a more equal society. While discussing these, the book throws light on how they were expectedly exacerbated by the sudden negative shock in the form of COVID-19 pandemic. Thus, the book has highlighted the COVID pandemic and its response in India in the background of certain less discussed aspects of development fundamentals. The contents would be of interest to researchers and students studying socioeconomic aspect of developmental economics and also to policy makers and non-government entities involved in mitigating effects of pandemic in the socioeconomic sphere.

RESEARCH ON THE IMPACT MECHANISM OF CARBON TARIFF AND CARBON LABELING ON AGRI-TRADE AND EMISSIONS REDUCTION

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Publisher : American Academic Press
ISBN 13 : 1631818007
Total Pages : 264 pages
Book Rating : 4.6/5 (318 download)

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Book Synopsis RESEARCH ON THE IMPACT MECHANISM OF CARBON TARIFF AND CARBON LABELING ON AGRI-TRADE AND EMISSIONS REDUCTION by : Chuanmin SHUAI

Download or read book RESEARCH ON THE IMPACT MECHANISM OF CARBON TARIFF AND CARBON LABELING ON AGRI-TRADE AND EMISSIONS REDUCTION written by Chuanmin SHUAI and published by American Academic Press. This book was released on 2016-09-08 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses on the Impact Mechanism of Carbon Tariffs and Carbon Labeling on Agri-trade and Emissions Reduction. Specifically, (1) it has analyzed the effect of carbon tariffs on Agri-trade and emissions reduction based on the hypothesis of carbon factor movement and the game theory, and built a Theoretical Model for carbon labeling to lead low-carbon behavior based on the international practices; (2) it simulated the impact of carbon tariffs on world's macro-economy and Agri-trade in China and worldwide using the Global Trade Analysis Project (GTAP) model; (3) it has made the first attempt to see the differences of willingness to pay for low-carbon products, purchasing behavior and expectations for government subsidies between consumers of different regions at different levels in China, by adopting questionnaire survey and scenario experiment; and (4) it has done an empirical analysis of carbon labels’ effect on low carbon consumption behavior based on Structural Equation Modeling (SEM) and experimental observation data with large samples. Finally, it has proposed policy recommendations based on the findings of the above theoretic and empirical studies.

Does International Cereal Trade Save Water?

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Author :
Publisher : IWMI
ISBN 13 : 9290905549
Total Pages : 41 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Does International Cereal Trade Save Water? by :

Download or read book Does International Cereal Trade Save Water? written by and published by IWMI. This book was released on 2004 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: