The Gains From Trade And The Gains From Aid

The Gains From Trade And The Gains From Aid

4.5 6
by Murray C. Kemp
     
 

ISBN-10: 0415130387

ISBN-13: 9780415130387

Pub. Date: 12/06/1995

Publisher: Taylor & Francis

This book focuses on the normative side of trade theory and is divided into five parts:

• trade under perfect competition;

• restricted trade under perfect competition;

• trade under imperfect competition and other distortions;

• Compensation: lumpsum, non-lumpsum or neither?

• International trade  See more details below

Overview

This book focuses on the normative side of trade theory and is divided into five parts:

• trade under perfect competition;

• restricted trade under perfect competition;

• trade under imperfect competition and other distortions;

• Compensation: lumpsum, non-lumpsum or neither?

• International trade

Product Details

ISBN-13:
9780415130387
Publisher:
Taylor & Francis
Publication date:
12/06/1995
Pages:
416
Product dimensions:
6.00(w) x 9.00(h) x 1.06(d)
Lexile:
1510L (what's this?)
Age Range:
18 Years

Table of Contents

Introduction
1The Gain from International Trade3
2The Gains from Free Trade21
3An Elementary Proposition Concerning the Formation of Customs Unions37
4The Comparison of Second-Best Equilibria: The Case of Customs Unions41
5The Gains from Trade When Markets are Possibly Incomplete47
6The Gains from Free Trade for a Monetary Economy73
7The Gains from Trade for a Monetary Economy When Markets are Possibly Incomplete78
8Trade Gains in a Pure Consumption-Loan Model101
9Gains from Trade with Overlapping Generations105
10The Gains from International Trade in a Context of Overlapping Generations129
11The Welfare Gains from International Migration147
12The Problem of Survival: An Open Economy152
13The International Diffusion of the Fruits of Technical Progress160
14On the Sharing of Trade Gains by Resource-Poor and Resource-Rich Countries167
15The Interaction of Resource-Rich and Resource-Poor Economies189
16Some Issues in the Analysis of Trade Gains203
17Variable Returns to Scale, Commodity Taxes, Factor-Market Distortions and Their Implications for Trade Gains218
18Variable Returns to Scale, Non-Uniqueness of Equilibrium and the Gains from International Trade230
19The Gains from International Trade Under Imperfect Competition: A Conjectural Variations Approach242
20The International Diffusion of the Fruits of Technical Progress Under Imperfect Competition253
21Does the Set of Imperfectly Competitive General Equilibria Depend on the Choice of Price Normalization?271
22Learning by Doing: Formal Tests for Intervention in an Open Economy274
23Gains from Trade With and Without Lumpsum Compensation285
24On Lumpsum Compensation296
25Lumpsum Compensation in a Context of Incomplete Markets317
26Lumpsum Compensation in a Context of Overlapping Generations323
27The Static Welfare Economics of Foreign Aid: A Consolidation333
28Conditions for the Local Impotence of Lumpsum Transfers to Effect a Redistribution of Welfare Between Nations356
29The Transfer Problem in a Context of Public Goods360
30On the Optimal Timing of Foreign Aid365
31'Trade' or 'Aid'?379
Author Index394
Subject Index397

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