International Trade: Causes and Consequences

ISBN-13: 9780333725566 / Angielski / Miękka / 1998 / 624 str.

Jitendralal Borkakoti

Opis

A rigorous and comprehensive text dealing primarily with the determinants of the pattern of trade gains from trade and trade policy. Spanning the old theories (the Ricardian hypothesis, the static and dynamic Heckscher-Ohlin model, the neofactor proportions and the neotechnology theories) it also contains the new theories (including various models of intra-industry trade and the dynamic models of endogenous growth and trade). Gains from trade and trade policy issues are comprehensively analysed. The various theories are presented verbally, geometrically and mathematically.

Spis treści

Introduction.- International Trade in the Real World and the Theoretical Issues.- Economic Methodology.- The Classical View: Specialisation and Exchange, Absolute and Comparative Advantage.- Sources of International Trade: an Overall View.- The Ricardian Hypothesis.- Empirical Tests of the Ricardian Hypothesis.- The Heckscher-Ohlin Hypothesis.- The Heckscher-Ohlin Model Mathematically Treated.- Some Extensions of the Simple HOS Model.- Two Comparative Static Theorems.- The Ricardo-Viner Model.- Empirical Tests of HOS Hypothesis: the Factor Content Studies.- Empirical Tests of the HOS Hypothesis: the Cross-Section Studies.- Empirical Tests of the HOS Hypothesis: the Tests of Assumptions.- Two Theorems in Comparative Statics: the Rybczynski Theorem and the Findlay-Grubert Theorem.- International Trade and Economic Growth.- Trade and Growth Mathematically Treated.- A Dynamic Model of Capital Accumulation and International Trade.- The Neofactor Proportions Theories.- The Neotechnology Theory of International Trade.- Empirical Tests of the Neotechnology Hypothesis.- Views on Synthesis of the Neofactor Proportions and Neotechnology Hypotheses.- The Linder Hypothesis.- Intra-industry Trade: Imperfect Competition, Increasing Returns to Scale and Product Differentiation.- Empirical Studies in Intra-Industry Trade.- Endogenous Growth and International Trade.- Gains from Trade.- Trade Policy.- Economic Integration.

O autorze

JITEN BORKAKOTI is Principal Lecturer in Economics at Middlesex University. He has studied at the Delhi School of Economics, and obtained his MSc(Econ) and PhD from the London School of Economics. He has published several edited volumes and has also written numerous articles in international economics journals

Blurb

This fully comprehensive and rigorous text deals primarily with the determinants of the pattern of trade, gains from trade and trade policy. Its expansive coverage spans the old traditional theories, and introduces the new, uniquely presenting each theory both geometrically and mathematically. It successfully brings together theoretical and empirical studies in a manner which emphasises the tenets of economic methodology, with the spirit that abstract economic theories are worthless if they cannot be applied to analyse real world problems.