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Models for Analyzing Comparative Advantage

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Release : 1989-11-30
Genre : Business & Economics
Kind : eBook
Book Rating : 286/5 ( reviews)

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Book Synopsis Models for Analyzing Comparative Advantage by : David Andrew Kendrick

Download or read book Models for Analyzing Comparative Advantage written by David Andrew Kendrick. This book was released on 1989-11-30. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power has grown in recent years increasing attention has been give to economic models as one of the most powerful aids to policy making. These models can be used on the one hand to help in selecting export industries to encourage and infant industries to protect and on the other hand to chart the larger effects ofttade policy on the entire economy. While many models have been developed in recent years there has not been any analysis of the strengths and weaknesses of the various types of models. Therefore, this monograph provides a review and analysis of the models which can be used to analyze dynamic comparative advantage.

Models for Analyzing Comparative Advantage

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Release : 2012-12-06
Genre : Business & Economics
Kind : eBook
Book Rating : 801/5 ( reviews)

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Book Synopsis Models for Analyzing Comparative Advantage by : David Andrew Kendrick

Download or read book Models for Analyzing Comparative Advantage written by David Andrew Kendrick. This book was released on 2012-12-06. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power has grown in recent years increasing attention has been give to economic models as one of the most powerful aids to policy making. These models can be used on the one hand to help in selecting export industries to encourage and infant industries to protect and on the other hand to chart the larger effects ofttade policy on the entire economy. While many models have been developed in recent years there has not been any analysis of the strengths and weaknesses of the various types of models. Therefore, this monograph provides a review and analysis of the models which can be used to analyze dynamic comparative advantage.

Revealed Comparative Advantage and Gravity Model Analysis of Trade Patterns and Regional Economic Integration

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Release : 2016
Genre : Comparative advantage (International trade)
Kind : eBook
Book Rating : 384/5 ( reviews)

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Book Synopsis Revealed Comparative Advantage and Gravity Model Analysis of Trade Patterns and Regional Economic Integration by : Amita Batra

Download or read book Revealed Comparative Advantage and Gravity Model Analysis of Trade Patterns and Regional Economic Integration written by Amita Batra. This book was released on 2016. Available in PDF, EPUB and Kindle. Book excerpt: This monograph presents the available research analyses on three important issues of revealed comparative advantage, gravity model and regional economic integration in the Indian context post economic liberalization. Empirical evidence for each issue has been discussed to highlight the dynamism and evolution in the Indian manufacturing sector and trade patterns over the last more than two decades. For a comparative perspective, some empirical analysis on the Chinese economy is also presented.

Comparative Advantage, Growth, and the Gains from Trade and Globalization

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Release : 2011
Genre : Business & Economics
Kind : eBook
Book Rating : 375/5 ( reviews)

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Book Synopsis Comparative Advantage, Growth, and the Gains from Trade and Globalization by : Robert M. Stern

Download or read book Comparative Advantage, Growth, and the Gains from Trade and Globalization written by Robert M. Stern. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."

The Theory of Comparative Advantage

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Release : 2015-06-04
Genre : Business & Economics
Kind : eBook
Book Rating : 081/5 ( reviews)

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Book Synopsis The Theory of Comparative Advantage by : 50minutes,

Download or read book The Theory of Comparative Advantage written by 50minutes,. This book was released on 2015-06-04. Available in PDF, EPUB and Kindle. Book excerpt: Why specialisation is the key to success This book is a practical and accessible guide to understanding and implementing the theory of comparative advantage, providing you with essential information and saving time. In 50 minutes you will be able to: • Master the notions of absolute and relative advantage rapidly • Specialise in producing goods or services for which you have the strongest, or least weak productivity compared to others. • Understand which are the strengths underlying the interactions of free trade at work within International trade. ABOUT 50MINUTES.COM| Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide both elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

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