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International Trade and Economic Growth

Author: Hendrik Van den Berg

Publisher: Routledge

Published: 2015-01-30

Total Pages: 453

ISBN-13: 1317467388

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Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.

Book Synopsis International Trade and Economic Growth by : Hendrik Van den Berg

Download or read book International Trade and Economic Growth written by Hendrik Van den Berg and published by Routledge. This book was released on 2015-01-30 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.

The Global Trade Slowdown

Author: Cristina Constantinescu

Publisher: International Monetary Fund

Published: 2015-01-21

Total Pages: 44

ISBN-13: 1498399134

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This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

Book Synopsis The Global Trade Slowdown by : Cristina Constantinescu

Download or read book The Global Trade Slowdown written by Cristina Constantinescu and published by International Monetary Fund. This book was released on 2015-01-21 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.

International Trade and Economic Growth

Author: Hendrik Van den Berg

Publisher: Routledge

Published: 2015-01-30

Total Pages: 328

ISBN-13: 1317467396

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Book Synopsis International Trade and Economic Growth by : Hendrik Van den Berg

Download or read book International Trade and Economic Growth written by Hendrik Van den Berg and published by Routledge. This book was released on 2015-01-30 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike any other text on international trade, this groundbreaking book focuses on the dynamic long-run relationship between trade and economic growth rather than the static short-run relationship between trade and economic efficiency. The authors begin with well-known theory on international trade, and then take the student into more recent and less well-known work, all with a careful balance between empirical and theoretical perspectives. A valuable teaching tool for courses in international economics, economic growth, and economic development at both the undergraduate and graduate levels, the book uses some very modest algebra, calculus, and statistics. However, most analytical discussions are built around diagrams in order to make the text accessible to students with a variety of social science backgrounds. An Instructor's Manual is available to professors who adopt the text.

International Trade and Economic Growth

Author: Harry Gordon Johnson

Publisher:

Published: 1880

Total Pages: 1376

ISBN-13:

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Book Synopsis International Trade and Economic Growth by : Harry Gordon Johnson

Download or read book International Trade and Economic Growth written by Harry Gordon Johnson and published by . This book was released on 1880 with total page 1376 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Specialization and Trade

Author: Arnold Kling

Publisher: Cato Institute

Published: 2016-06-14

Total Pages: 223

ISBN-13: 1944424164

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Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Book Synopsis Specialization and Trade by : Arnold Kling

Download or read book Specialization and Trade written by Arnold Kling and published by Cato Institute. This book was released on 2016-06-14 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Money, Trade and Economic Growth

Author: Harry Gordon Johnson

Publisher:

Published: 1962

Total Pages: 1296

ISBN-13:

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Book Synopsis Money, Trade and Economic Growth by : Harry Gordon Johnson

Download or read book Money, Trade and Economic Growth written by Harry Gordon Johnson and published by . This book was released on 1962 with total page 1296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade, Investment and Economic Growth

Author: Pooja Lakhanpal

Publisher: Springer Nature

Published: 2021-05-10

Total Pages: 396

ISBN-13: 9813369736

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The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

Book Synopsis Trade, Investment and Economic Growth by : Pooja Lakhanpal

Download or read book Trade, Investment and Economic Growth written by Pooja Lakhanpal and published by Springer Nature. This book was released on 2021-05-10 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

Economics of Trade and Development

Author: James Daniel Theberge

Publisher: John Wiley & Sons

Published: 1968

Total Pages: 568

ISBN-13:

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Monographic compilation of readings in the economic theory of trade in relation to economic development - covers the effects of industrialization on exports, comparative advantage and development policy, Terms of Trade and economic development, tariff negotiation, technology transfer, capital formation, foreign investment in developing countries, policy obstacles to trade and development, etc. References and statistical tables.

Book Synopsis Economics of Trade and Development by : James Daniel Theberge

Download or read book Economics of Trade and Development written by James Daniel Theberge and published by John Wiley & Sons. This book was released on 1968 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of readings in the economic theory of trade in relation to economic development - covers the effects of industrialization on exports, comparative advantage and development policy, Terms of Trade and economic development, tariff negotiation, technology transfer, capital formation, foreign investment in developing countries, policy obstacles to trade and development, etc. References and statistical tables.

Dynamics in Economic Growth and International Trade

Author: Bernhard Felderer

Publisher:

Published: 2003

Total Pages:

ISBN-13:

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Book Synopsis Dynamics in Economic Growth and International Trade by : Bernhard Felderer

Download or read book Dynamics in Economic Growth and International Trade written by Bernhard Felderer and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Trade, Distortions and Long-Run Economic Growth

Author: Jong-Wha Lee

Publisher: International Monetary Fund

Published: 1992-11-01

Total Pages: 42

ISBN-13: 1451851332

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The links between trade and growth are examined in a neoclassical model of an open economy in which domestic production requires both domestic and imported inputs. The model shows that trade distortions induced by such government policies as tariffs and exchange controls generate cross-country divergences in growth rates and in per capita income over a long transitional period. The empirical results confirm that tariff rates and black market premia, interacting with an estimate of the share of free trade imports, have significant negative effects on the growth rate of per capita income across countries in the orders of magnitude predicted by the model.

Book Synopsis International Trade, Distortions and Long-Run Economic Growth by : Jong-Wha Lee

Download or read book International Trade, Distortions and Long-Run Economic Growth written by Jong-Wha Lee and published by International Monetary Fund. This book was released on 1992-11-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The links between trade and growth are examined in a neoclassical model of an open economy in which domestic production requires both domestic and imported inputs. The model shows that trade distortions induced by such government policies as tariffs and exchange controls generate cross-country divergences in growth rates and in per capita income over a long transitional period. The empirical results confirm that tariff rates and black market premia, interacting with an estimate of the share of free trade imports, have significant negative effects on the growth rate of per capita income across countries in the orders of magnitude predicted by the model.