A General Theory Of Trade And Competition Download Ebook PDF Epub Online

Author : Shanker Singham
Publisher : Cameron May
Release : 2007
Page : 551
Category : Commercial policy
ISBN 13 : 1905017421
Description :


General Theory of Trade... is the first academic or practitioner text book to establish a general theory of trade and competition and attempts to bring these two disciplines back together. Shanker Singham demonstrates that there is indeed a powerful interface between these two areas and that by understanding this interface practitioners, be they in governments, companies or law and economics firms can succeed in trade negotiations as well as build up support for free trade principles in a time when they are being increasingly challenged. By noting that consumer welfare is enhanced where trade liberalization is accompanied by competitive markets and property rights protection, the author articulates an overall vision in which future policymakers can frame a different kind of trade debate.


Author : Takashi Negishi
Publisher : Springer Science & Business Media
Release : 2013-11-19
Page : 174
Category : Business & Economics
ISBN 13 : 443154433X
Description :


Developments of International Trade Theory offers the life-long reflections of a distinguished Japanese scholar who pioneered the application of general equilibrium theory to international trade. Written in a style that makes it easily accessible to scholars and students, the book combines standard topics on international trade with a discussion of the evolution of the theory and as well as recent discussions on topics such as immiserizing growth. This book consists of two parts. Part I examines the historical progression of international trade theory, and Part II addresses the modern theory and recent developments of international trade. In this way the book offers a comprehensive evaluation of the non-monetary problems of international economics. Taking advantage of the publication of this new edition, the author includes two new chapters, “Adam Smith and Disequilibrium Economic Theory” and “Complete Specialization in Classical Economics,” which readers will profit from reading after they have studied the basic theories of international trade in the main part of the book.


Author :
Publisher :
Release : 2014
Page :
Category :
ISBN 13 : 9781907174179
Description :



Author : Shelby D. Hunt
Publisher : SAGE Publications
Release : 1999-11-30
Page : 320
Category : Business & Economics
ISBN 13 : 1452221642
Description :


A General Theory of Competition develops a ground-breaking new theory of competition - `resource-advantage theory'. Recent thinking on competition has assumed the premises, structure and implications of the theory of perfect competition. In his long-awaited book Shelby Hunt draws on economics, management, marketing and sociology to articulate resource-advantage theory. The author proceeds to illustrate how and why his theory may be used to explain and predict economic phenomena with great accuracy. This volume is extremely well-referenced, with detailed source notes.


Author : Wei-Bin Zhang
Publisher : Springer Science & Business Media
Release : 2008-04-23
Page : 415
Category : Business & Economics
ISBN 13 : 9783540782650
Description :


The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.


Author : Henry Thompson
Publisher : World Scientific Publishing Company
Release : 2017-03-23
Page : 376
Category : Business & Economics
ISBN 13 : 9814663891
Description :


International Economics: Global Markets and Competition integrates the microeconomics of international trade with open economy macroeconomics and finance. The theory is comprehensive but presented with intuitive diagrams. The book emphasizes the gains from international competition and the limits of trade policy.Economics began during the Industrial Revolution with a debate over import tariffs. To this day, domestic industries lobby for tariff protection against foreign competition, paying lawmakers for tariffs on imports. Only under special conditions do tariffs lead to economic gains. Domestic importers of materials and industrial products favor free trade, as do export industries since tariffs encourage other countries to retaliate with tariffs of their own.Trade theory includes market analysis and general equilibrium models of the economy. This text integrates the full range of trade theory with exchange rates, balance of payments, international finance, and open economy growth and macroeconomics.The presentation focuses on diagrams and avoids equations and algebra. The theory is presented with numerical examples. The text does not assume intermediate economics, instead developing the theory with thorough explanations. Questions in each section build confidence in applying the theory. Boxed examples illustrate the importance of the theory.Students like the concise and straightforward style. Instructors notice the difference on exams.


Author : Daniel Bernhofen
Rod Falvey
Publisher : Palgrave Macmillan
Release : 2011-10-03
Page : 736
Category : Business & Economics
ISBN 13 : 0230307841
Description :


The Palgrave Handbook of International Trade comprises twenty accessible, authoritative and up-to-date surveys of the major topics in international trade. The surveys are written by leading scholars and each is a balance between core knowledge and recent research. The Handbook, which was written to support the teaching of international trade at the graduate entry level, provides comprehensive coverage of the relevant material in a single volume and includes work not yet found in textbooks. Topics include trade theory and policy, testing trade theories, imperfect competition, heterogenous firms, multinational firms, the political economy of trade policy, the measurement of trade policy, preferential trading arrangements, trade and labour markets, migration, economic geography, the gravity model, computable general equilibrium models, development and growth. The Handbook is a valuable source for professional economists, graduate students and researchers in international trade.


Author : C. F. Bastable
Publisher : Obscure Press
Release : 2008-11
Page : 216
Category : Business & Economics
ISBN 13 : 1443739197
Description :


Originally published in 1903. 'The present work is an attempt to restate, in a more complete form, the doctrines of the classical English school on an important and difficult branch of political economy... The theory of international trade has, therefore, been selected for exposition as being one of the products of the older political economy which is well worth preserving, and one, moreover, which is peculiarly suited for students, both on account of its intricacies and the logical processes employed, as also by reason of its bearing on the old, but still unclosed, controversy respecting the comparative merits of ""protection"" and free-trade.' Author: C.F.Bastable Language: English Keywords: Social Sciences / Economics Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. Obscure Press are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork. Excerpt from text: SINGE the last edition of this book appeared the subject of International Trade has come into unex pected prominence. In the phraseology lately fashion able ithas jasi3ed: fem: the domain of academic discussion into the position of a burning question. This change is not altogether favourable to its treat ment in a scientific manner. The greater part of the writing in the press and periodical literature is certain to be crude and illinformed, the product of persons who have not taken the trouble to study the general principles that underlie the more obvious features of foreign commerce. The intrusion of party feeling is a further disturbing influence. Where established principles stand in the way of a particular proposal its supporters will at once declare their disbelief in what they call abstract theory though they will readily use any of those principles that can be so distorted as to appear to serve their pifrpose. It is, therefore, the more necessary to insist on the indispensableness of a general theory for the correct interpretation of the complicated phenomena of foreign trade, and also on the connection of that theory with the principles of economics as a whole. Without the assistance of such a theory success is impossible with its aid a consistent account of the mass of .facts, otherwise so perplexing, can be supplied. The changes in the present edition have been slight, and consist in additional illustrations or notices of criticisms which seemed to require consideration. C. R BASTABLE. TRINITY COLLEGE, DUBLIN, llth July 1903. FKOM PREFACE TO FIRST EDITION THE present work is an attempt to restate, in a more complete form, the doctrines of the classical English School on an important and difficult branch of political economy. That school has been severely criticised from several different standpoints, and there need be no hesitation in admitting that the whole body of economic science stands in need of a thorough revision, and, in some of its parts, an entire recon struction. But it is not, therefore, incumbent on us to throw aside the more solid portions of the older building: it will rather be expedient to utilise all sound material already existing, and, as far as possible, to preserve that continuity of development which is one of the notes of a truly scientific system. The theory of international trade has, therefore, been selected for exposition as being one of the products of the older political economy which is well worth preserving, and one, moreover, which is peculiarly suited for students, both on account of its intricacies and the logical processes employed, as also by reason of its bearing on the old, but still unclosed, controversy respecting the comparative merits of protection and freetrade.


Author : John Atkinson Hobson
Publisher :
Release : 1904
Page : 202
Category : Commerce
ISBN 13 :
Description :



Author : Elhanan Helpman
Paul R. Krugman
Publisher : MIT Press (MA)
Release : 1987
Page : 288
Category : Political Science
ISBN 13 : 9780585113005
Description :


Market Structure and Foreign Trade presents a coherent theory of trade in the presence of market structures other than perfect competition. The theory it develops explains trade patterns, especially of industrial countries, and provides an integration between trade and the role of multinational enterprises.Relating current theoretical work to the main body of trade theory, Helpman and Krugman review and restate known results and also offer entirely new material on contestable markets, oligopolies, welfare, and multinational corporations, and new insights on external economies, intermediate inputs, and trade composition.Elhanan Helpman is Professor of Economics at Tel Aviv University. Paul Krugman is Professor of Economics at MIT


Author : Joseph E. Harrington
Publisher : MIT Press
Release : 2017-11-09
Page : 144
Category : Business & Economics
ISBN 13 : 0262036932
Description :


Introduction -- Game-theoretic modelling issues -- Impact of competition policy on collusion -- Optimal competition policy -- Some areas for future research


Author : David Ricardo
Publisher :
Release : 1821
Page : 538
Category : Economics
ISBN 13 :
Description :



Author :
Publisher : GRIN Verlag
Release : 2021-05-04
Page : 23
Category : Business & Economics
ISBN 13 : 3346399974
Description :


Seminar paper from the year 2020 in the subject Business economics - Miscellaneous, grade: 1,3, Hochschule Ostwestfalen-Lippe - University of Applied Sciences, course: International Economics, language: English, abstract: The main objective of this scientific paper is to define the role of Multinational Companies (MNC) in the international trading system. It is to be shown which effects the contrary trade policies free trade and protectionism have on international trade and the investment behaviour of MNC. The opportunities and risks of FDIs should be identified from the perspective of the MNCs and investment countries. The scientific paper thesis contains five chapters. Key terms and the relation between MNC and international trade will be defined in chapter two. At the beginning of chapter three, the Heckscher-Ohlin Model will be explained. Then theorems based on this international trade theory will be used to explain the cause and effects of international trade. In the fourth chapter, the different motives of free trade and protectionism and their effect on FDIs will be examined. The potential chances and risks of FDIs for the investment receiving countries and MNCs are then discussed. In the last chapter, the key findings of this paper are summarized. The paper ends with a conclusion and an outlook, where further significant research needs are addressed. Companies are forced to permanently increase their efficiency and effectiveness in all functional areas to stay competitive. In today ́s competition, it is almost impossible to avoid the international markets, especially for large enterprises. The strong internationalisation of the global economy over the past decades can be attributed to the increased volume of goods, services and technologies traded internationally. There has also been a strong increase in foreign direct investments (FDIs). However, the trend over the last decade has gone in the opposite direction, especially for developed countries. The General Agreement on Tariffs and Trade (GATT) is intended to provide a basis for free international trade, but an increasing number of national laws and regulations lead to a multitude of trade barriers. The growing use of customs and other instruments of protectionism, particularly by the industrialised countries, is one of the central unsolved problems of international trade. These measures aim to preserve national advantages at the expenses of the wealth of the global society.


Author : Shiping Tang
Publisher : Routledge
Release : 2017-07-05
Page : 132
Category : Business & Economics
ISBN 13 : 1351578049
Description :


Institutional change is a central driving force behind social changes, and thus a central topic in all major fields of social sciences. Yet, no general theory of institutional change exists. Drawing from a diverse literature, this book develops a general theory of institutional change, based on a social evolutionary synthesis of the conflict approach and the harmony approach. The book argues that because the whole process of institutional change can be understood as a process of selecting a few ideas and turning them into institutions, competition of ideas and struggle for power to make rules are often at the heart of institutional change. The general theory not only integrates more specific theories and insights on institutional change that have been scattered in different fields into a coherent general theory but also provides fundamental new insights and points to new directions for future research. This book makes a fundamental contribution to all major fields of social sciences: sociology (sociological theory), political sciences, institutional economics, and political theory. It should be of general interest to scholars and students in all major fields of social science.


Author : Istvan Hont
Reader Istvan Hont
Publisher : Harvard University Press
Release : 2005
Page : 541
Category : Business & Economics
ISBN 13 : 9780674010383
Description :


"The author focuses on Adam Smith and his contemporaries, who pondered these issues, particularly the nature and development of commercial society. They attempted to come to terms with the claim that, on the one hand, the market was a decisive element in economic progress, and, on the other, that its workings depended upon the release of the immoral desires of fallen men and that its consequences were socially and politically destabilizing. Hont reconstructs the salient features of this controversy between the proponents of market sociability and its most trenchant critics. In doing so, he has helped to locate historically the most important arguments at the heart of the emergence of modernity."--Jacket.


Author : Xiaokai Yang
Wenli Cheng
Publisher : OECD Publishing
Release : 2005
Page : 525
Category : Business & Economics
ISBN 13 : 9789812389299
Description :


Pt. 1. Introduction. 1. Divison of labor and corner solutions in positive trade theory / Christis G. Tombazos -- pt. 2. Origins of inframarginal applications to trade theory. 2. Economics and biology : specialization and speciation / Hendrik S. Houthakker. 3. Substitution and division of labour / Sherwin Rosen. 4. Trade and insurance with moral hazard / Avinash Dixit. 5. Trade and insurance with imperfectly observed outcomes / Avinash Dixit -- pt. 3. Exogenous comparative advantage : corner solutions in the Heckscher-Ohlin and Ricardian models of trade. 6. An inframarginal analysis of the Ricardian model / Wen Li Cheng, Jeffrey Sachs and Xiaokai Yang. 7. A Ricardian model with endogenous comparative advantage and endogenous trade policy regimes / Wen Li Cheng, Meng-Chun Liu and Xiaokai Yang. 8. A general-equilibrium re-appraisal of the Stolper-Samuelson theorem / Wen Li Cheng, Jeffrey Sachs and Xiaokai Yang -- pt. 4. Division of labor in models of trade with economies of scale. 9. A Ricardo model with economies of scale / Ralph E. Gomory. 10. Pattern of trade and economic development in a model of monopolistic competition / Jeffrey Sachs, Xiaokai Yang and Dingsheng Zhang. 11. Market led industrialization and globalization / Jeffrey Sachs and Xiaokai Yang -- pt. 5. Economies of specialization and endogenous comparative advantage. 12. Specialization and product diversity / Xiaokai Yang and He-Ling Shi. 13. Endogenous vs. exogenous comparative advantage and economies of specialization vs. economies of scale / Xiaokai Yang. 14. A new theory of demand and supply and emergence of international trade from domestic trade / Xiaokai Yang. 15. Walrasian equilibrium computation, network formation, and the Wen theorem / Shuntian Yao -- pt. 6. Inframarginal analysis of trade policy, dual structures, and globalization. 16. Globalization, dual economy, and economic development / Jeffrey Sachs, Xiaokai Yang and Dingsheng Zhang. 17. Endogenous structure of the division of labor, endogenous trade policy regime, and a dual structure in economic development / Xiaokai Yang and Dingsheng Zhang -- pt. 7. Dynamic inframarginal analysis of trade models with endogenous comparative advantage. 18. A microeconomic mechanism for economic growth / Xiaokai Yang and Jeff Borland. 19. Specialization and a new approach to economic organization and growth / Jeff Borland and Xiaokai Yang. 20. Specialization, information, and growth : a sequential equilibrium analysis / Yew-Kwang Ng and Xiaokai Yang. 21. Evolution in division of labor and macroeconomic policies / Junxi Zhang. 22. Division of labor, money and economic progress / Wen Li Cheng


Author : Junʼichi Gotō
Publisher :
Release : 1985
Page : 58
Category : Protectionism
ISBN 13 :
Description :



Author : Henry Thompson
Publisher : World Scientific Publishing Company
Release : 2011-04-12
Page : 452
Category : Business & Economics
ISBN 13 : 9814360856
Description :


Latest Edition: International Economics: Global Markets and Competition (4th Edition) This book integrates the microeconomics of trade with international finance and open economy macroeconomics. The emphasis throughout is on international competition and the limits of trade policy. Economics began with a debate over tariffs. Domestic industries lobby for protection against foreign competitors or export subsidies. Government policy makers dole favors in return for cash and votes. Governments negotiate free trade agreements but disregard them when possible with tariffs, export subsidies, and other policies to influence foreign trade and investment. The forces of international competition, however, eventually overwhelm government policy. This text presents the critical issues of international trade and finance. Trade theory includes partial equilibrium market analysis, neoclassical trade models, constant cost production, factor proportions production, and models of industrial organization. The text integrates concepts from international finance and the basic models of open economy macroeconomics. The presentation uses graphs with numerical examples making the theory easier for students, especially when combined with more general classroom presentation. The text does not assume previous courses in intermediate economics or calculus but develops the theory with simple tools. Numerous questions give students confidence to use the theoretical models and concepts. Over 250 boxed examples illustrate the theory, many with visually descriptive charts and plots. The text is concise in its presentation style. Students enjoy its clear straightforward style and instructors notice the difference on exams.


Author : United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Competition Policy
Publisher :
Release : 2010
Page : 107
Category : Antitrust law
ISBN 13 :
Description :



Author : Sugata Marjit
Saibal Kar
Publisher : Cambridge University Press
Release : 2018-10-18
Page :
Category : Business & Economics
ISBN 13 : 1108592651
Description :


This essential volume reflects the continuing and enduring utility of general equilibrium as a framework of analyses. It attempts to reiterate that understanding broad and holistic consequence of economic events and policies go beyond partial equilibrium perspective. Cutting across areas of research, general equilibrium perspectives in terms of small-scale GE models following the theory and perspectives of Ronald Jones can help readers develop informed judgement regarding critical policies. These include but are not limited to several areas of specific interest - the interaction of financial factors with international trade and implications for the 'real sectors' of the economy, the impact of labour market reforms on the unorganised sectors in developing and transition countries, the non-uniform effects of inflation and deflation on internal and external factor flows, and the sought-after relation between foreign investment and skill accumulation.