Specialization and Trade

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Publisher : Cato Institute
ISBN 13 : 1944424164
Total Pages : 212 pages
Book Rating : 4.69/5 ( download)

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Book Synopsis Specialization and Trade by : Arnold Kling

Download or read book Specialization and Trade written by Arnold Kling and published by Cato Institute. This book was released on 2016-06-14 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Increasing Returns and Economic Analysis

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Publisher : Springer
ISBN 13 : 1349262552
Total Pages : 478 pages
Book Rating : 4.57/5 ( download)

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Book Synopsis Increasing Returns and Economic Analysis by : Kenneth J. Arrow

Download or read book Increasing Returns and Economic Analysis written by Kenneth J. Arrow and published by Springer. This book was released on 1998-04-12 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management

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Publisher : IGI Global
ISBN 13 : 1799875695
Total Pages : 446 pages
Book Rating : 4.97/5 ( download)

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Book Synopsis Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management by : Crespo, Nuno

Download or read book Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management written by Crespo, Nuno and published by IGI Global. This book was released on 2021-06-18 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade is a key dimension of the world economy, it is a critical factor in raising living standards, increasing employment, and providing a larger variety of goods to consumers around the world. Despite the strong focus that international trade research has received in theoretical terms, the empirical aspects of trade are less clear and justify further research. In this context, it is essential for studies to focus on shedding light on the most important methods used to evaluate the multiple dimensions of trade within this international context. Trade has a myriad of direct and indirect effects, therefore touching several fields of research, including economics, management, finance, international relations, political science, and sociology, which makes it essential to explore. The Handbook of Research on the Empirical Aspects of Strategic Trade Negotiations and Management provides a systematic overview of the latest trends in the empirical analysis of trade from international perspectives. It provides a survey on the methods used to evaluate a specific topic in international trade, enhance knowledge about the multiple facets of international trade around the world, and grant in-depth surveys of previous empirical findings on specific topics in international trade. Important topics covered within this book include trade diversification, regional centrality, ethical pricing, globalization, cultural impacts, and open economies. This book is a valuable reference tool for government officials, policy makers, managers, executives, economists, practitioners, stakeholders, researchers, academicians, and students.

Vertical Specialization and Trade Surplus in China

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Publisher : Elsevier
ISBN 13 : 0857094475
Total Pages : 205 pages
Book Rating : 4.76/5 ( download)

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Book Synopsis Vertical Specialization and Trade Surplus in China by : Wei Wang

Download or read book Vertical Specialization and Trade Surplus in China written by Wei Wang and published by Elsevier. This book was released on 2013-05-09 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims to measure the level of VS in the Chinese manufacturing industry to provide a more accurate representation of China’s trade surplus, and gives empirical analysis on provinces and products with important VS activities in order to assess China’s trade value-added. Exploring the vertical division of labour, and foreign direct investment (FDI) driving China’s import and export imbalance, the book is divided into eight chapters, each covering an aspect of VS in China. The first chapter outlines the aims and method of the study. Chapter two covers VS trade pattern and trade surplus. Chapter three looks at FDI and the import and export imbalance, and chapter four covers the relationship between VS and import and export of foreign invested enterprises. The fifth chapter considers the causes and prospects for growth in China-US and China-Japan trade. Chapters six and seven give an empirical analysis of VS and trade surplus, and a breakdown of VS per industry in China’s provinces. Finally, chapter eight considers rebalancing imports and exports in China. Measures VS across China including the developed provinces based on the newest input-output table Presents the main provinces and products closely related to VS Gives evidence on global VS trade patterns from China’s national data

Trade and Specialization

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.39/5 ( download)

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Book Synopsis Trade and Specialization by : Ronald Findlay

Download or read book Trade and Specialization written by Ronald Findlay and published by . This book was released on 1970 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Inquiry Into the Nature and Causes of the Wealth of Nations

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Publisher :
ISBN 13 :
Total Pages : 522 pages
Book Rating : 4.40/5 ( download)

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Book Synopsis An Inquiry Into the Nature and Causes of the Wealth of Nations by : Adam Smith

Download or read book An Inquiry Into the Nature and Causes of the Wealth of Nations written by Adam Smith and published by . This book was released on 1822 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Business

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Publisher :
ISBN 13 : 9781998109319
Total Pages : 0 pages
Book Rating : 4.13/5 ( download)

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Book Synopsis Introduction to Business by : Lawrence J. Gitman

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2023-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Is the U.S. Trade Deficit Sustainable?

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Publisher : Peterson Institute
ISBN 13 : 9780881322644
Total Pages : 226 pages
Book Rating : 4.44/5 ( download)

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Book Synopsis Is the U.S. Trade Deficit Sustainable? by : Catherine L. Mann

Download or read book Is the U.S. Trade Deficit Sustainable? written by Catherine L. Mann and published by Peterson Institute. This book was released on 1999 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of 1997-98 and the widening US trade deficit have precipitated fresh inquiry into a set of perennial questions about global integration and the US economy. How has global integration affected US producers and workers, and overall growth and inflation? Is a chronic and widening deficit sustainable, or will the dollar crash, perhaps taking the economy with it? If the problem was one of "twin deficits," as many thought, why has the trade deficit continued to grow even as the budget deficit narrowed to zero? If US companies are so competitive, why does the trade deficit persist? Is the trade deficit a result of protectionism abroad? Will it lead to protectionism at home? What role do international capital markets have? Each chapter presents relevant data and a simple analytical framework as the basis for concise discussions of these major issues. The final section of the book provides an outlook for the deficit and suggests alternative policy courses for dealing with it. This book is designed for policymakers and others who are interested in the US role in the world economy. It is also suitable for courses in international economics, business, and international affairs.

Globalisation, Comparative Advantage and the Changing Dynamics of Trade

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Publisher : OECD Publishing
ISBN 13 : 9264113088
Total Pages : 351 pages
Book Rating : 4.84/5 ( download)

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Book Synopsis Globalisation, Comparative Advantage and the Changing Dynamics of Trade by : OECD

Download or read book Globalisation, Comparative Advantage and the Changing Dynamics of Trade written by OECD and published by OECD Publishing. This book was released on 2011-10-20 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

Trade and the Accumulation and Diffusion of Knowledge

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.67/5 ( download)

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Book Synopsis Trade and the Accumulation and Diffusion of Knowledge by : Pier Carlo Padoan

Download or read book Trade and the Accumulation and Diffusion of Knowledge written by Pier Carlo Padoan and published by . This book was released on 1996 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: