Essays International Economic Theory

This volume contains papers on Economic Theory and International Trade: The papers on Economic Theory cover the existence and structure of competitive equilibrium in various settings: non-convexities, non-transitivity of preferences, and absence of differentiability or free-disposal assumptions, the role of the compensating variation as a welfare measure, oligopoly under bounded rationality, and regulation of a public utility. The papers on International Trade offer analyses of the "Dutch disease" or the Atlantic Slave Trade, or treat the influence of economic growth on import demand, the terms of trade, and other economic variables, as well as theoretical and empirical evidence for the validity of the Heckscher-Ohlin model. The papers, rigorous and often requiring mathematical sophistication, variously reflect Trout Rader's work.

Important issues in economic theory and international trade are addressed in this volume with contributions from internationally renowned researchers. The book begins with an examination of classical trade theory and welfare economics. It goes on to discuss international trade policy, includiong international trade agreements, taxation, tariffs and quotas. Attention then turmns to the role of market structure in joint ventures, innovation, tariff policy and political economy. The final section is devoted to economic dynamics and international economics, with an emphasis on learning mechanisms, sustainable growth and immigration.

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

This book is concerned with the application of economic theory to problems of international economic policy. For most of his life the author has been employed as a national or international official in London and Washington, in makers of economic policy.

Written form 1957 through 1978 by one of the foremost authorities in the field of international economics, this collection of Peter Kenen's previously published essays deals with issues in the pure theory of international trade, international monetary theory, and international monetary reform. The essays in Part I, "Trade, Tariffs, and Welfare," concern the roles of tangible and human capital in the determination of trade patterns, the joint determination of demand conditions and trade patterns, the gains from international trade, and the effects of migration on economic welfare. Part II, "International Monetary Theory and Policy," contains essays on the theory of gold-exchange standard, the determination of forward exchange rates, the demand for international reserves, economic integration and the delineation of currency areas, and the process of balance of payments adjustment under pegged and floating exchange rates. The essays in Part III, "Monetary Reform and the Dollar," are arranged in chonological order, from 1963 through 1977, and focus on the problems and progress of international monetary reform and on the functioning of the present international monetary system. Peter B. Kenen is Walker Professor of Economics and International Finance at Princeton University. The Princeton Sereies of Collected Essays provides facsimile reprints, in paperback and in cloth, of important articles by leading scholars. Originally published in 1981. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Consisting of 8 essays written between 1938 and 1992, this volume brings together in one place the significant contributions which Arthur 1. Bloomfield - a leading specialist in the field of international economics and especially international finance - has made to the history of international trade theory.