The Gains From Trade And The Gains From Aid

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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

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Editorial Reviews

Booknews
A record of the thinking by Kemp (economics, U. of New South Wales) and his co-workers over the past 35 years on the question of when a country benefits from free trade. The 31 essays, most previously published and many co-authored, cover trade under perfect competition; restricted trade under perfect competition; trade under imperfect competition and other distortions; compensation, lumpsum, non-lumpsum, or neither; and international aid. Assumes a fairly high degree of sophistication in the mathematics of economics. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780415130387
  • Publisher: Taylor & Francis Ltd
  • Publication date: 12/6/1995
  • Pages: 420
  • Lexile: 1510L (what's this?)
  • Product dimensions: 6.00 (w) x 9.00 (h) x 1.06 (d)

Table of Contents

Introduction
1 The Gain from International Trade 3
2 The Gains from Free Trade 21
3 An Elementary Proposition Concerning the Formation of Customs Unions 37
4 The Comparison of Second-Best Equilibria: The Case of Customs Unions 41
5 The Gains from Trade When Markets are Possibly Incomplete 47
6 The Gains from Free Trade for a Monetary Economy 73
7 The Gains from Trade for a Monetary Economy When Markets are Possibly Incomplete 78
8 Trade Gains in a Pure Consumption-Loan Model 101
9 Gains from Trade with Overlapping Generations 105
10 The Gains from International Trade in a Context of Overlapping Generations 129
11 The Welfare Gains from International Migration 147
12 The Problem of Survival: An Open Economy 152
13 The International Diffusion of the Fruits of Technical Progress 160
14 On the Sharing of Trade Gains by Resource-Poor and Resource-Rich Countries 167
15 The Interaction of Resource-Rich and Resource-Poor Economies 189
16 Some Issues in the Analysis of Trade Gains 203
17 Variable Returns to Scale, Commodity Taxes, Factor-Market Distortions and Their Implications for Trade Gains 218
18 Variable Returns to Scale, Non-Uniqueness of Equilibrium and the Gains from International Trade 230
19 The Gains from International Trade Under Imperfect Competition: A Conjectural Variations Approach 242
20 The International Diffusion of the Fruits of Technical Progress Under Imperfect Competition 253
21 Does the Set of Imperfectly Competitive General Equilibria Depend on the Choice of Price Normalization? 271
22 Learning by Doing: Formal Tests for Intervention in an Open Economy 274
23 Gains from Trade With and Without Lumpsum Compensation 285
24 On Lumpsum Compensation 296
25 Lumpsum Compensation in a Context of Incomplete Markets 317
26 Lumpsum Compensation in a Context of Overlapping Generations 323
27 The Static Welfare Economics of Foreign Aid: A Consolidation 333
28 Conditions for the Local Impotence of Lumpsum Transfers to Effect a Redistribution of Welfare Between Nations 356
29 The Transfer Problem in a Context of Public Goods 360
30 On the Optimal Timing of Foreign Aid 365
31 'Trade' or 'Aid'? 379
Author Index 394
Subject Index 397
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  • Anonymous

    Posted November 11, 2012

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    OMFG STOP PRETENDIG THATS UR NAME U JUST COPPIED HAZZA

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