Theory, Policy and Dynamics in International Trade
This book presents a representative collection of state-of-the-art papers on international
trade, one of the most dynamic sub-fields in economics. The contributions range over
all the major areas of current 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.
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Part I. Introduction:
1.
Scope of the
volume Wilfred J . Ethier, Elhanan Helpman and J. Peter Neary;
2.
Ronald Jones and
the theory of international trade Wilfred J. Ethier; Appendix: Professional
publications of Ronald W. Jones;
Part II. History, Geography and the History of Trade:
3.
The hub effect:
or, threeness in interregional trade Paul Krugman;
4.
International
trade and factor mobility with an endogenous land frontier: some general
equilibrium implications of Christopher Columbus Ronald Findley;
5.
Directions of lumpy
country trade Alan V. Deardorff;
Part III. The Structure of Simple Trade Models:
6.
Job market
preferences and international trade Roy J. Ruffin;
7.
Production
indivisibilities in a short-run trade model Wolfgang Mayer and Jun Li;
8.
Firms, entry and
hysteresis in the Heckscher-Ohlin-Samuelson model of production and trade
Michihiro Ohyama;
Part IV. Policy towards International Trade:
9.
Welfare effects of
tariffs and investment taxes J. Peter Neary;
10. The case of the vanishing revenues: auction quotas
with oligopoly Kala Krishna;
Part V. Trade, Growth and Dynamics:
11. Prices of goods and factors in a dynamic stochastic
economy Avinash Dixit;
12. Capital market imperfections and the infant industry
argument for protection Eric W. Bond;
13. Endogenous real business cycles and international
specialization Kazuo Nishimura and Makoto Yana;
14. Impact of government on growth and trade Anne O.
Krueger and David W. H. Orsmond;
15. Long-run production frontiers for the Jones
specific-factors model with optimal capital accumulation;
16. Hysteresis in the trade pattern Gene M. Grossman and
Elhanan Helpman;
Index.
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