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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 : Bela A. Balassa
Publisher :
ISBN 13 : 9780814711293
Total Pages : 343 pages
Book Rating : 4.7/5 (112 download)
Download or read book Comparative Advantage, Trade Policy and Economic Development written by Bela A. Balassa and published by . This book was released on 1989 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264113088
Total Pages : 348 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 348 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 : Julia Martins
Publisher : GRIN Verlag
ISBN 13 : 3640945654
Total Pages : 64 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 64 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 : Gottfried Haberler
Publisher : ICS Press
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.:/5 (318 download)
Download or read book International Trade and Economic Development written by Gottfried Haberler and published by ICS Press. This book was released on 1988 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Justin Yifu Lin
Publisher : World Bank Publications
ISBN 13 : 0821389572
Total Pages : 389 pages
Book Rating : 4.8/5 (213 download)
Download or read book New Structural Economics written by Justin Yifu Lin and published by World Bank Publications. This book was released on 2012-01-01 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Author : Robert M. Stern
Publisher : World Scientific
ISBN 13 : 9814340375
Total Pages : 716 pages
Book Rating : 4.8/5 (143 download)
Download or read book Comparative Advantage, Growth, and the Gains from Trade and Globalization written by Robert M. Stern and published by World Scientific. This book was released on 2011 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."
Author : Robert Mitchell Stern
Publisher : World Scientific
ISBN 13 : 9814340367
Total Pages : 716 pages
Book Rating : 4.8/5 (143 download)
Download or read book Comparative Advantage, Growth, and the Gains from Trade and Globalization written by Robert Mitchell Stern and published by World Scientific. This book was released on 2011 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2-3, 2009, in the Rackham Amphitheater at the University of Michigan. This title includes reprints of many of Professor Deardorff's most important papers that underlie the reflections on his work by the Festschrift panelists.
Author : Anne O. Krueger
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (318 download)
Download or read book Trade Policy and Economic Development written by Anne O. Krueger and published by . This book was released on 1997 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ideas with regard to trade policy and economic development have changed radically since the 1950s. Then and now, it was recognized that trade policy was central to the overall design of policies for economic development. But in the early days, there was a broad consensus that trade policy for development should be based on `import-substitution.' By this was meant that domestic production of import-competing goods should be started and increased to satisfy the domestic market under incentives provided through whatever level of protection against imports, or even import prohibitions, was necessary to achieve it. It was thought that import substitution in manufactures would be synonymous with industrialization, which in turn was seen as the key to deve- lopment. The contrast with views today is striking. It is now widely accepted that growth prospects for developing countries are greatly enhanced through an outer-oriented trade regime and fairly uniform incentives (primarily through the exchange rate) for production across exporting and import competing goods. This paper addresses the changes in thought and policy. What was the contribu- tion of economic research to the sea change in thinking, policy prescriptions, and politicians' acceptance of the need for reform? What sorts of economic research best informed the policy process? In a nutshell, how did we learn? In this paper, I first sketch the initial approach to trade policy in early development research and thought. Next, consideration is given to the evolu- tion of thought, research, and experience with respect to trade and develop- ment over the next several decades, and to the `conventional wisdom' of the 1990s. Finally, the role of research and the sorts of research that proved most fruitful in guiding policy and changing the consensus is considered.
Author : David Andrew Kendrick
Publisher : Springer Science & Business Media
ISBN 13 : 9400924801
Total Pages : 177 pages
Book Rating : 4.4/5 (9 download)
Download or read book Models for Analyzing Comparative Advantage written by David Andrew Kendrick and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power has grown in recent years increasing attention has been give to economic models as one of the most powerful aids to policy making. These models can be used on the one hand to help in selecting export industries to encourage and infant industries to protect and on the other hand to chart the larger effects ofttade policy on the entire economy. While many models have been developed in recent years there has not been any analysis of the strengths and weaknesses of the various types of models. Therefore, this monograph provides a review and analysis of the models which can be used to analyze dynamic comparative advantage.
Author : David Ricardo
Publisher :
ISBN 13 :
Total Pages : 566 pages
Book Rating : 4.R/5 (3 download)
Download or read book On the Principles of Political Economy, and Taxation written by David Ricardo and published by . This book was released on 1821 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Olusanya Ajakaiye
Publisher : Routledge
ISBN 13 : 1136595759
Total Pages : 386 pages
Book Rating : 4.1/5 (365 download)
Download or read book Trade Infrastructure and Economic Development written by David Olusanya Ajakaiye and published by Routledge. This book was released on 2012-03-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is growing consensus in the literature that trade and trade policy matter for a pro-poor growth and development strategy. Therefore, policies that are consistent with this strategy feature increasingly in many African countries where poverty is endemic and rapid and where sustainable economic growth is viewed as the major vehicle for poverty reduction. Key elements of these polices include measures that promote the expansion and diversification of production and trade in Africa. This book is aimed at articulating appropriate structural and policy measures for eliminating the constraints that African countries face and thus ensuring that they can derive maximum benefits from all available market access opportunities. There is evidence that most African countries face external market access barriers in their major export destinations which are generally less constraining than those confronting countries in other developing country regions. Yet, they have generally not been able to take full advantage of the special (preferential) market access opportunities available to them. This suggests that improved external market access, whether reciprocal or preferential, would not, by itself, be sufficient for strengthening African export performance. In this collection, export supply response capacity takes external (beyond-the-border) factors as given and concentrates primarily on the internal (behind-the-border) factors that influence production and distribution costs and, thus, competitiveness. The central working hypothesis of this book is that the inability of domestic producers and exporters in Africa to respond quickly, effectively and efficiently to external market access opportunities is caused by various limitations of their internal supply capacity and that this, in turn, is largely responsible for the lacklustre export performance of many African countries. This comprehensive study should be of interest to students and researchers of international trade and development economics as well as African studies.
Author : Sebastian Edwards
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4./5 ( download)
Download or read book Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries written by Sebastian Edwards and published by World Bank Publications. This book was released on 1989 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Steven Durlauf
Publisher : Springer Science & Business Media
ISBN 13 : 3642612113
Total Pages : 204 pages
Book Rating : 4.6/5 (426 download)
Download or read book Long-Run Economic Growth written by Steven Durlauf 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: One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Author : Manuel Agosin
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.F/5 ( download)
Download or read book Trade and Growth written by Manuel Agosin and published by . This book was released on 1993 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A re-examination of the role of trade policy in development strategies through analyses and five country studies of semi-industrialized economies, this book shows that sustained growth performance is associated with policies geared to the creation of competitiveness in new sectors, rather than to the exploitation of current comparative advantages. This has required selectivity in trade policy and an activist exchange rate policy. The book also places the current trade policy debates in the context of the international policy environment that is emerging in an increasingly globalized world economy.
Author : Stephen D Cohen
Publisher : Westview Press
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.:/5 (318 download)
Download or read book Fundamentals Of U.S. Foreign Trade Policy written by Stephen D Cohen and published by Westview Press. This book was released on 2003 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cohen, Blecker, and Whitney (professors of international relations and economics at American U.) see the formation of U.S. trade policy is seen as a combination of competing forces of political, economic, and legal factors. They attempt to show how trade policymaking involves reconciling a range of economic goal and political necessities. After reviewing the history of trade policymaking in the United States, they separately examine the three factors before integrating them into a model of political economy that explores both import and export policy. Annotation copyrighted by Book News, Inc., Portland, OR
Author : James Daniel Theberge
Publisher : John Wiley & Sons
ISBN 13 : 9780471858447
Total Pages : 564 pages
Book Rating : 4.8/5 (584 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 564 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.
