Trade and Economic Structure: (Models and Methods) - Hardcover

R.E. Caves

9788120801578: Trade and Economic Structure: (Models and Methods)

Hardcover

ISBN 10: 8120801571 ISBN 13: 9788120801578

Publisher: Motilal Banarsidass, 2004

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This comprehensive discussion of international trade theories focuses on logically distinct models of international trade rather than on chronology or "schools of thought." The author gives primary attention to the differences in the empirical implications derivable from the "Heckscher-Ohlin model" and from the simple classical comparative models of international trade. He also emphasizes the recurrence of controversy over matters of aggregation, due to the lack of a common criterion, and the rich variety of model types that result from dynamic theorizing, discrediting the search for an ultimate dynamic international trade model. This book is intended especially for teachers and graduate students who require a broad understanding of basic theories in the field.

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Synopsis

The book discusses development of Analytical Theories of Trade and Production, International Trade and the Supplies of Factors of Production, International Trade and Factor Movements, International Trade and Conditions of Prodcution, The role of Demand in International Trade Models, Methods of Welfare Analysis in International Trade Models, Dynamic Models of International Trade, Empirical Verification of Trade Models.

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A comprehensive discussion of international trade theories which focuses on logically distinct models of international trade. Intended especially for teachers and graduate students who require a broader understanding of basic theories in the field.

"About this title" may belong to another edition of this title.