Trade, Theory and Econometrics

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This book brings together cutting edge contributions in the fields of international economics, micro theory, welfare economics and econometrics, with contributions from Donald R. Davis, Avinash K. Dixit, Tadashi Inoue, Ronald W. Jones, Dale W. Jorgenson, K. Rao Kadiyala, Murray C. Kemp, Kenneth M. Kletzer, Anne O. Krueger, Mukul Majumdar, Daniel McFadden, Lionel McKenzie, James R. Melvin, James C. Moore, Takashi Negishi, Yoshihiko Otani, Raymond Riezman, Paul A. Samuelson, Joaquim Silvestre and Marie Thursby.
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Product Details

Table of Contents

List of tables
Synopses of chapters
1 Intraindustry trade: issues and theory 1
2 Trade policy and US economic growth 17
3 On the mutual imposition of tariffs with free capital mobility 44
4 The importance of price normalization for models of international trade under imperfect competition 65
5 Flexibility: a partial ordering 76
6 Free trade agreements as protectionist devices: rules of origin 91
7 Demand conditions in international trade theory 103
8 Factor shares and the Chipman condition 125
9 Oligopoly and customs unions 134
10 Competitive industry equilibrium with firm-specific uncertainty 149
11 Estimation and inference in simultaneous equations 165
12 On lumpsum compensation 185
13 A result on large anonymous games: an elementary and self-contained exposition 206
14 Complicated behavior in models with two commodities: a review 237
15 Computing willingness-to-pay in random utility models 253
16 The core and competitive equilibria in finite economies 275
17 Quasi-equivalent variation analysis in the Gorman Polar case 290
18 Marshallian demonstration of a tax-subsidy scheme under variable returns to scale 309
19 The envelope theory in a smooth constrained optimization problem with applications in economics 323
20 A classical theorem for John Chipman: maximal and minimal Malthusian population; a sweeping non-substitution theorem at the core of the canonical classical model 338
21 External diseconomies in the commons 353
Index 375
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