International Trade and Economic Development Essays in Theory and Policy

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Overview


The focus of this volume is on international trade, economic development, and the strategic analysis of technology transfer from a developing country's perspective, especially of relevance to India. The author showcases his work using simple models and addresses the topics that have influenced the literature mainly in the last three decades. The unifying theme in the volume has two essential aspects: relating each paper in terms of its exact theoretical contribution and its relevance from the perspective of an open developing economy. The collection of essays in this volume, published over the last twenty years, are related to international trade, economic development and the strategic analysis of technology transfer from a developing country's perspective, especially India. The volume is divided into six broad sections related to: pattern of trade and related issues; trade and income distribution; trade, migration, and unemployment; protectionism, foreign capital, and welfare; international technology transfer; and international joint ventures and strategic foreign investment. Lucid in presentation, with a simple framework, the book will help the current and future generation of students, teachers, and researchers in the developing world to appreciate the strength of simple theoretical models in discussing complex problems that they can identify as their own.
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Product Details

  • ISBN-13: 9780195691719
  • Publisher: Oxford University Press, USA
  • Publication date: 6/9/2008
  • Pages: 432
  • Product dimensions: 5.60 (w) x 8.40 (h) x 1.10 (d)

Meet the Author

Sugata Marjit is Director, Centre for Studies in Social Sciences and RBI Professor of Industrial Economics

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Table of Contents

List of Tables and Figures

I Pattern of Trade and Related Issues

1 Three Faces of Factor Intensities Sugata Marjit Marjit, Sugata R. W. Jones Jones, R. W. H. Beladi Beladi, H. 29

2 Trade in Intermediates and the Colonial Pattern of Trade 38

3 The Role of International Fragmentation in the Development Process Sugata Marjit Marjit, Sugata R. W. Jones Jones, R. W.

4 Technology for Sale Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. R. W. Jones Jones, R. W. 60

II Trade and Income Distribution

5 A Simple Production Model with Stolper-Samuelson Property Sugata Marjit Marjit, Sugata R. W. Jones Jones, R. W. 75

6 The Stopler-Samuelson Theorem in a Wage-Differential Framework Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 79

7 Trade and Wage Gap in Developing Countries: The Role of the Informal Sector Sugata Marjit Marjit, Sugata U. Broll Broll, U. S. Sengupta Sengupta, S. 86

8 Trade and Wage Inequality in Developing Countries Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. A. Chakrabarti Chakrabarti, A. 106

9 Emigration and Wage Inequality Sugata Marjit Marjit, Sugata S. Kar Kar, S. 122

10 Income Distribution and the Contractionary Effect of Protection: A Theoretical Analysis Sugata Marjit Marjit, Sugata T. Kabiraj Kabiraj, T. 128

III Trade, Migration, and Unemployment

11 Agro-based Industry and Rural-Urban Migration: A Case for an Urban Employment Subsidy 139

12 An Analysis of Rural-Urban Migration and Protection Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 145

13 Targeting Sectors for Foreign Capital Inflow in a Small Developing Economy Sugata Marjit Marjit, Sugata U. Broll Broll, U. S. Mitra Mitra, S. 157

14 Possibility orImpossibility of Paradoxes in Small Economy Harres-Todan Models - A Unifying Analysis Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 165

IV Protectionism, Foreign Capital, and Welfare

15 Foreign Capital and Protectionism Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 175

16 Protection and the Gainful Effects of Foreign Capital Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 182

17 Complementarity between Import Competition and Import Promotion Sugata Marjit Marjit, Sugata H. Beladi Beladi, H. 188

18 Labour-market Aspects of Enclave-led Growth Sugata Marjit Marjit, Sugata R. W. Jones Jones, R. W. 193

V International Technology Transfer

19 A Simple Model of Technology Transfer 217

20 A Competitive General Equilibrium Model of Technology Transfer, Innovation, and Obsolescence 224

21 On a Non-Cooperative Theory of Technology Transfer 240

22 International Technology Transfer under Potential Threat of Entry: A Cournot-Nash Framework Sugata Marjit Marjit, Sugata T. Kabiraj Kabiraj, T. 247

23 Technology Collaboration and Foreign Equity Participation: A Theoretical Analysis Sugata Marjit Marjit, Sugata A. Mukherjee Mukherjee, A. 263

24 Protecting Consumers through Protection: The Role of Tariff-induced Technology Transfer Sugata Marjit Marjit, Sugata T. Kabiraj Kabiraj, T. 275

VI International Joint Ventures and Strategic Foreign Investment

25 Rationalizing Public-Private Joint Ventures in an Open Economy: A Strategic Approach 291

26 A Theory of Overseas Joint Ventures Sugata Marjit Marjit, Sugata U. Broil Broil, U. R. Mallick Mallick, R. 298

27 Resolving the Credibility Problem of an Honest Government: A Case for Foreign Investment Subsidy Sugata Marjit Marjit, Sugata Y. Kwang Ng Ng, Y. Kwang U. Broll Broll, U. B. Moitra Moitra, B. 302

28 Asymmetric Capacity Costs and Joint Venture Buy-outs Sugata Marjit Marjit, Sugata P. Roy Chowdhury Chowdhury, P. Roy 310

Acknowledgements 328

Index 332

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