Lectures on International Trade

ISBN-10: 0262522470
ISBN-13: 9780262522472
Edition: 2nd 1998
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Description: The greatest strength of this revised edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors offer policy insights and empirical applications.

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Book details

List price: $60.00
Edition: 2nd
Copyright year: 1998
Publisher: MIT Press
Publication date: 9/28/1998
Binding: Paperback
Pages: 614
Size: 7.25" wide x 10.25" long x 1.25" tall
Weight: 2.794
Language: English

The greatest strength of this revised edition of Lectures on International Trade is its rigorous algebraic and geometric treatment of the various models and results of trade theory. The authors offer policy insights and empirical applications.

Preface to the Second Edition
Introduction
Theories of International Trade
Model and Analytic Relationships in Recardian Theory
Ricardian Theory and the Pattern of Trade
Some Extensions of Ricardian Theory
Model and Analytic Relationships under the Heckscher-Ohlin Theory
Pattern of Trade and the Heckscher-Ohlin Theory
Specific-Factors Model
Generalizations and Empirical Verification of the Heckscher-Ohlin Theory
Dual Approach: Basic Tools
Mathematical Analysis of the 2 x 2 and 2 x 3 Models
Economies of Scale
Trade Interventions and Transfers
Tariffs and Trade Equilibrium
Tariffs versus Quotas
Other Commercial Policy Instruments
Effective Rate of Protection
Transfer Problem
Trade and Welfare in an Open Economy
Principal Issues and Policy Instruments
Gains from Trade
Measuring Gains from Trade
Distortions: Departures from Free-Trade Optimality
Monopoly Power in Trade
Production Externalities
Monopoly in Production
Monopsony
Wage Differentials
Generalized Sticky Wages
Sector-Specific Sticky Wages
Noneconomic Objectives
Immiserizing Growth
Imperfect Competition and Trade Policy
Uniform versus Preferential Tariff Reduction
International Capital Flows
International Migration
Recent Theoretical Developments
Directly Unproductive Profit-Seeking (DUP) Activities
Trade Reform
Growth and Welfare
Endogenous Growth, Innovation, and Trade
Shadow Prices for Project Selection in Open Economies
Uncertainty
Alternative Elasticity Formulas
Basic Results of the 2 x 2 Neoclassical Model of Trade Theory
Classical Comparative-Statics Model and Analytical Relationships
Index

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