Theory of International Trade: A Dual, General Equilibrium Approach (Cambridge Economic Handbooks)

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.

Business & Money

Dixit, Avinash

Norman, Victor

Economics

Cambridge University Press

<p>This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.</p>

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures.In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade. AVINASH DIXIT is Professor of Economics at the University of Warwick.VICTOR NORMAN is Professor of Economics at the Norwegian School of Economics and Business Administration, Bergen.

Theory of International Trade (Cambridge Economic Handbooks)

Dixit, Avinash K.

James Nisbet & Co Ltd

A Life in Music: A Lifetime of Learning: An Autobiography

Bayberry Design Company

<p>This Report analyses how the geographic pattern of production and employment in Europe will be affected by market integration, increased direct investment, more mobile financial capital and a sharper, global division of labour. The authors then trace the implications of such changes for local policy (local tax, expenditure and industrial policy) and finally discuss how the subsidiary principle should be implemented to ensure that local policies contribute to overall economic efficiency and other common goals.</p>

The Location of Economic Activity In The EU: Monitoring European Integration No. 10

Seabright, Paul

Braunerhjelm, Pontus

Faini, Ricardo

Ruane, Francis

International

Centre for Economic Policy Research

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