International Trade Theory

International Trade Theory

EnglishPaperback / softbackPrint on demand
Zhang Wei-Bin
Springer, Berlin
EAN: 9783642096921
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Detailed information

The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.
EAN 9783642096921
ISBN 3642096921
Binding Paperback / softback
Publisher Springer, Berlin
Publication date November 10, 2010
Pages 415
Language English
Dimensions 235 x 155
Country Germany
Readership Professional & Scholarly
Authors Zhang Wei-Bin
Illustrations X, 415 p.
Edition Softcover reprint of hardcover 1st ed. 2008
Manufacturer information
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