Theory, Policy and Dynamics in International Trade

Cambridge University Press, 8/26/1993
EAN 9780521434423, ISBN10: 0521434424

Hardcover, 312 pages, 22.9 x 15.2 x 2.1 cm
Language: English
Originally published in English

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.

List of conference participants
Part I. 1. 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 Theory 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 James R. Markusen and Richard Manning
16. Hysteresis in the trade pattern Gene M. Grossman and Elhanan Helpman
Index.