Complementary And Increasing Returns In Intermediate Inputs
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Author | : Florencio López de Silanes |
Publisher | : |
Total Pages | : 24 |
Release | : 1992 |
Genre | : |
ISBN | : |
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Author | : Florencio Lopez-de-Silanes |
Publisher | : |
Total Pages | : 38 |
Release | : 1992 |
Genre | : Automobile industry and trade |
ISBN | : |
Download Complementarity and Increasing Returns in Intermediate Inputs Book in PDF, Epub and Kindle
Conventional analysis in the trade-industrial-organization literature suggests that, when a country has some market power over an imported good, some small level of protection must be welfare improving. This is essentially a terms-of-trade argument that is reinforced if the imported goods are substitutes for domestic goods produced with increasing returns to scale, goods that are initially underproduced in free-trade equilibrium. This paper notes that this result may not hold when (1) the imports are intermediates used in a domestic increasing-returns industry, and/or (2) the intermediates are complements for domestic inputs produced with increasing returns. We then demonstrate such an outcome with respect to Mexican protection against imported auto parts using an applied general-equilibrium model of the North American auto industry.
Author | : James M. Buchanan |
Publisher | : University of Michigan Press |
Total Pages | : 400 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780472104321 |
Download The Return to Increasing Returns Book in PDF, Epub and Kindle
Makes available important articles on increasing returns as related to the size of the economy
Author | : Patrick M. Emerson |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : Economics |
ISBN | : |
Download Intermediate Microeconomics Book in PDF, Epub and Kindle
Author | : |
Publisher | : |
Total Pages | : 41 |
Release | : 2011 |
Genre | : Trade |
ISBN | : |
Download Dynamic Gains from Trade Book in PDF, Epub and Kindle
Author | : Antoni Estevadeordal |
Publisher | : BID-INTAL |
Total Pages | : 50 |
Release | : 2006 |
Genre | : Free trade |
ISBN | : 950738250X |
Download How do rules of origin affect investment flows ? : some hypotheses and the case of Mexico (Working Paper ITD = Documento de Trabajo ITD ; n. 22) Book in PDF, Epub and Kindle
Author | : William Moore Gorman |
Publisher | : Oxford University Press |
Total Pages | : 512 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : 9780198285212 |
Download Collected Works of W.M. Gorman: Separability and aggregation Book in PDF, Epub and Kindle
This volume brings together for the first time the important work of W.M. (Terence) Gorman, a major figure in the development of economics during the past 40 years. His publications on separability, aggregation, duality and demand are recongized as fundamental contributions to economic theory.
Author | : F.R. Førsund |
Publisher | : Elsevier |
Total Pages | : 354 |
Release | : 2014-06-28 |
Genre | : Business & Economics |
ISBN | : 1483297489 |
Download Production, Multi-Sectoral Growth and Planning Book in PDF, Epub and Kindle
Professor Leif Johansen's contributions to economic science are well documented in his articles and essays for economic journals, symposium volumes and Festschrifts, all of which are to be published by North-Holland. When initiating the idea of this collection, Professor Dale W. Jorgenson also suggested a memorial volume by associates and others that would include papers devoted to research topics directly inspired by Leif Johansen. In the present volume this idea is realised. Three topics are covered: production theory, multisectoral growth models and planning. The papers presented here were either under work at the time of Leif Johansen's death or prepared especially for this volume.
Author | : James N. Wolfe |
Publisher | : Transaction Publishers |
Total Pages | : 565 |
Release | : |
Genre | : Business & Economics |
ISBN | : 1412840945 |
Download Value, Capital and Growth Book in PDF, Epub and Kindle
Value, Capital and Growth was written as a mark of honor to Sir John Hicks on the occasion of his retirement as Drummond Professor of Political Economy at the University of Oxford. As the title implies, most of the essays are directed to the development of the three great topics of modern economic theory to which he contributed--Value, Capital, and Growth. More specifically, there are important papers on general equilibrium, aggregation, and index numbers-- all topics of deep interest in international economics. The volume is particularly noteworthy for a number of papers exploring hitherto unrealized implications of general equilibrium models. There are also several papers dealing with mathematical economics as they relate to trade and development, which will be of great interest to students of those fields. Few theorists possessed Hicks catholicity in economics and his interest in and appetite for all branches of applied economics, and especially comparative economic history. His interests ranged from Italian Renaissance banking to academic publishing and the export and import of scholarly works, The international eminence of the contributors and the quality of their work ensure that this volume is a fitting tribute to a great economist and that it will be studied carefully for many years. No effort was spared to present the work in a style and format worthy of the subject and of the occasion. The volume includes masterful contributions by Kenneth Arrow, Jagdish Bhagwati, Roy Harrod, Paul A. Samuelson, Robert M. Solow, and Alan A. Walters among others, and contains a full biographical and bibliographical data base on Hicks. J.N. Wolfe was professor of economics at the University of Edinburgh until his retirement.
Author | : William D. Ferguson |
Publisher | : Stanford University Press |
Total Pages | : 331 |
Release | : 2020-05-05 |
Genre | : Business & Economics |
ISBN | : 1503611973 |
Download The Political Economy of Collective Action, Inequality, and Development Book in PDF, Epub and Kindle
This book examines how a society that is trapped in stagnation might initiate and sustain economic and political development. In this context, progress requires the reform of existing arrangements, along with the complementary evolution of informal institutions. It involves enhancing state capacity, balancing broad avenues for political input, and limiting concentrated private and public power. This juggling act can only be accomplished by resolving collective-action problems (CAPs), which arise when individuals pursue interests that generate undesirable outcomes for society at large. Merging and extending key perspectives on CAPs, inequality, and development, this book constructs a flexible framework to investigate these complex issues. By probing four basic hypotheses related to knowledge production, distribution, power, and innovation, William D. Ferguson offers an analytical foundation for comparing and evaluating approaches to development policy. Navigating the theoretical terrain that lies between simplistic hierarchies of causality and idiosyncratic case studies, this book promises an analytical lens for examining the interactions between inequality and development. Scholars and researchers across economic development and political economy will find it to be a highly useful guide.