Suchergebnisse

Frontmatter -- Preface -- Contents -- I. Introduction -- II. The Statistical Data -- III. The Method of Estimation -- IV. Estimates of the Price and Income Elasticities of Import Demand -- V. The Direction of Future Research -- Appendix I. Statistical Series -- Appendix II. Alternative Classifications Of Canadian Imports -- Appendix III. The Construction Of The Indirect Price Indices -- Appendix IV. Estimation Bias Arising From Errors Of Observation -- Appendix V. A Formal Test Of Homogeneity -- Appendix VI. A Bibliography Of Studies Of The Demand For Canadian Imports -- Notes -- Index

When can a country be said to benefit from free trade?This question has obsessed economists for more than 200 years, and a definitive answer has never been provided. Continuing the influential work begun in The Gains from Trade and the Gains from Aid, (Routledge 1995), Murray Kemp here presents the recent progress he and his co-workers have made in tackling this important question

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

We develop a model of international trade with increasing returns to scale by taking into account the possibility of cooperation among agents in an egalitarian economy. It is shown that each country gains from trade in a trading world in which there are arbitrary numbers of increasing-returns-to-scale goods, constant-returns-to-scale goods, factors of production, and countries.