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Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration...
Persistent link: https://www.econbiz.de/10004973191
In The Equilibrium Manifold, noted economic scholar and major contributor to the theory of general equilibrium Yves Balasko argues that, contrary to what many textbooks want readers to believe, the study of the general equilibrium model did not end with the existence and welfare theorems of the...
Persistent link: https://www.econbiz.de/10004991822
In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in...
Persistent link: https://www.econbiz.de/10004972999
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...
Persistent link: https://www.econbiz.de/10004973027
Charles P. Kindleberger's rich and distinguished career has spanned nearly six decades. The essays collected here reflect the author's shift in interests from foreign exchange to international trade, economic growth, and economic history, especially financial history. They also contain dollops...
Persistent link: https://www.econbiz.de/10004973028
The seven contributions in this book examine the potential impact of a North American Free Trade Agreement (NAFTA) with Mexico on the U.S. economy. They cover such key aspects as the general sources of comparative advantage between Mexico and the U.S., regional and local effects on production...
Persistent link: https://www.econbiz.de/10004973068
The contributions in this book identify and take up an important problem in international economics -- the split in theoretical and empirical work in international finance and in international trade. This book is unique in attempting to link these two aspects of the international economy...
Persistent link: https://www.econbiz.de/10004973111
These two volumes contain seventy essays chosen largely for the originality of their contributions. The first volume contains several classic papers. Among them are the many contributions to the theory of distortions in the 1960s which laid the foundations of the postwar theory of commercial...
Persistent link: https://www.econbiz.de/10004973121
The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor, and capital--as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in...
Persistent link: https://www.econbiz.de/10004973151
Centering on questions of the potential optimality of some trade protection, these original contributions present research at the frontier of international trade and trade policy. They expand and test the new trade theory that has developed during the last decade, incorporating elements of...
Persistent link: https://www.econbiz.de/10004973154