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Media type:
E-Book;
Commemorative Publication
Title:
Economic theory and international trade
:
essays in honour of Murray C. Kemp
Contains:
Contents: Introduction -- Publications of murray c. Kemp from 1992 -- Part I: Classical trade theory -- 1. A new approach to the theory of international trade under increasing returns: The two-commodities case -- 2. On the shape of production possibility loci under variable returns to scale: The n commodity m factor case -- 3. A second correspondence principle -- 4. The welfare economics of encouraging more births -- Part II: International trade policy -- 5. The economic significance of the gatt/wto rules -- 6. Are special economic zones desirable? -- 7. Redistributive taxation in closed and open economies -- 8. Unilateral reforms of trade and environmental policy -- 9. Quotas, voluntary export restraints and welfare -- Part III: Market structure -- 10. International joint ventures, moral hazards and technology spillovers -- 11. The innovation and market structure in general equilibrium -- 12. Imperfect substitutes and strategic trade policies under cournot duopoly -- 13. Comparative static analysis for cournot oligopoly -- 14. Endogenous timing and welfare in the game of trade policies under international oligopoly -- 15. Politics and the nature of competition in oligopolistic markets -- Part IV: Economic dynamics -- 16. Learning in a generalised dornbusch model of exchange rate dynamics -- 17. International immigration, non-traded goods and economic welfare in an overlapping generations model -- 18. The environment, externalities and sustainable growth in an overlapping generations model -- 19. Why trade matters to development: A learning model -- 20. The effects of growth of its trading partners on Malaysia -- Index.
Footnote:
Includes bibliographical references and index
Description:
This volume addresses important issues in economic theory and international trade with contributions from internationally renowned researchers - including some of Murray C. Kemp's many colleagues and former students. Economic Theory and International Trade begins with an examination of classical trade theory and welfare economics. It goes on to discuss international trade policy, including international trading agreements, taxation, tariffs and quotas. Attention then turns to the role of market structure in joint ventures, innovation, tariff policy and political economy. The final section is devoted to economic dynamics and international economics, with an emphasis on learning mechanisms, sustainable growth and immigration. This book will be indispensable to academics and graduate students in the area of international trade. Economic theorists and international trade specialists such as research units and researchers in government will also find this book of great interest