Uncertainty and the Theory of International Trade PDF Download

Author: E. Grinols
Publisher: Taylor & Francis
ISBN: 1136454721
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
This book considers the impact of uncertainty on traditional theories of international trade.

Author: Earl L. Grinols
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 94

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Book Description

Author: Elhanan Helpman
Publisher: Academic Press
ISBN: 148327151X
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
A Theory of International Trade Under Uncertainty analyzes international trade in goods and securities in the presence of uncertainty using an integrated general equilibrium framework that recognizes the dependence of markets for goods on financial markets and vice versa. The usefulness of this approach is demonstrated by means of applications to questions such as the effects of international trade on resource allocation, tariff policy, and intervention in financial capital markets. Results which are important for theoretical as well as policy oriented applications are presented. Comprised of 11 chapters, this volume begins with an introduction to some of the fundamental elements of the deterministic Ricardian and Heckscher-Ohlin theories of international trade. Relevant elements from the theory of decision making under uncertainty are then discussed, along with the behavior of firms and consumers-investors in an economy with stock markets. Subsequent chapters focus on problems of commercial policy; gains from trade in goods and securities; and issues of intervention in financial capital markets. The book concludes by describing a dynamic model of international trade that contains an infinite horizon and takes into account the trade-off between present period consumption and savings. An example that illustrates an equilibrium structure of the dynamic model is presented. This monograph is intended for economists who are interested in international trade or international finance, including graduate students who specialize in these fields.

Author: Raveendra N. Batra
Publisher: Springer
ISBN: 134902208X
Category : Business & Economics
Languages : en
Pages : 145

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Book Description

Author: Murray C. Kemp
Publisher: Amsterdam : North-Holland Publishing Company ; New York : American Elsevier Publishing Company
ISBN:
Category : Commerce
Languages : en
Pages : 348

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Book Description

Author: Murray Chilvers Kemp
Publisher:
ISBN: 9780720404357
Category :
Languages : en
Pages : 326

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Book Description

Author: John Somerset Chipman
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
John Chipman is one of the most esteemed economists working in international trade theory. This major reference work presents in an accessible form his principal theoretical surveys. It explores the evolution of thought from classical to new-classical and on to modern theory. The work remains pertinent and lively and this volume will prove invaluable to anyone interested in international trade.

Author: Stephen J. Turnovsky
Publisher:
ISBN: 9780909541125
Category : International economic relations
Languages : en
Pages : 60

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Book Description

Author: Wilfred J. Ethier
Publisher: Cambridge University Press
ISBN: 9780521558525
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book presents a representative collection of papers on international trade, one of the most dynamic sub-fields in economics. The contributions range over all the major areas of research, including articles on the geographical aspects of international trade by Paul Krugman and Alan Deardorff, on dynamic stochastic economies by Avinash Dixit, and on endogenous growth by Gene Grossman and Elhanan Helpman. In addition to the theoretical contributions, the book also contains work on important policy issues such as auction quotas, discussed by Kala Krishna, and the role of government in economic development, by Anne Krueger. Also included is an assessment by Bill Ethier of the theoretical achievements of a leading authority in international trade theory, Ronald Jones, in whose honour the essays were written.

Author: Miltiades Chacholiades
Publisher: Transaction Publishers
ISBN: 1412832551
Category : Business & Economics
Languages : en
Pages : 470

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Book Description
There has long been a need for a systematic introduction to the modern pure theory of international trade that would take the student through a careful introduction to the tools of analysis and the main logical propositions into the application of the theory to practical problems of international economic policy. Trade theory should be part and parcel of price theory, distinguished only by the fact that other countries form part of the natural opportunities--and natural constraints--that a country confronts in its efforts to bend nature to its desire to produce utility-yielding goods and services; but its exposition is often confused by the attachment of its expositors to obsolete problems and backward analytical techniques. This book covers in detail classical, neoclassical, and modern theories of international trade, with special attention to problems of equilibrium, growth, and welfare, and discusses the work of all major contributors in this field from Ricardo and Mill through Meade, Heckscher, and Ohlin, to the growth models of Johnson, Solow, and Uzawa. All problems are clearly stated and the easiest and most convenient solutions are sought in each case, with the more technical topics in the field discussed in several chapters and appendixes that may be omitted for less advanced students without interrupting the continuity of the book. The book's coverage is complete and entirely up-to-date. It is written primarily for advanced undergraduate and graduate courses in international trade, but it will also serve as an important reference tool for professional economists working in this field and will be of considerable interest to students and practitioners dealing with problems of economic development and international business relationships more generally. Miltiades Chacholiades studied at the Athens School of Economics and Business Science in Athens, Greece, and received his doctorate from the Massachusetts Institute of Technology. He has taught at New York University and the University of California in Los Angeles, and is presently Professor of Economics at Georgia State University. His articles have been published in a number of international professional economic journals.