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The Resource Broadening trade theory : incorporating market realities into traditional models, James Markusen

Broadening trade theory : incorporating market realities into traditional models, James Markusen

Label
Broadening trade theory : incorporating market realities into traditional models
Title
Broadening trade theory
Title remainder
incorporating market realities into traditional models
Statement of responsibility
James Markusen
Creator
Subject
Language
eng
Summary
"This volume is a collection of the author's past and recent research. It concentrates on some topics that continue to be neglected in mainstream trade theory, but which have grown in empirical relevance as the decades have passed and allow us to broaden our world view. These include adding multinational firms and a major role for the demand side of general equilibrium to our conventional portfolio of models. Part I in the volume focuses on multinational firms and the incorporation of endogenous location and ownership choices into general-equilibrium trade models. A particular emphasis, repeatedly confirmed in empirical studies, is on horizontal firms that replicate activities across borders. Two chapters on the vertical integration versus outsourcing decision reveal the non-excludable property of knowledge-based assets. Part II focuses on the demand side of general equilibrium, arguing and showing empirically that non-homothetic preferences, which give an important role to per capita income, help explain many of the empirical puzzles that trade economists keep trying to explain only from the production side of general equilibrium. Part III is eclectic, but the chapters in this section share the common thread of showing how distortions and allowing trade in factors of production both modify traditional policy ideas and also create additional sources of gains from trade"--
Assigning source
Provided by publisher
http://library.link/vocab/creatorDate
1948-
http://library.link/vocab/creatorName
Markusen, James R.
Index
no index present
Literary form
non fiction
Nature of contents
bibliography
Series statement
World scientific studies in international economics
Series volume
78
http://library.link/vocab/subjectName
Commerce
Label
Broadening trade theory : incorporating market realities into traditional models, James Markusen
Instantiates
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1164344939
Dimensions
23 cm.
Extent
384 pages
Isbn
9789811222955
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1164344939
Label
Broadening trade theory : incorporating market realities into traditional models, James Markusen
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1164344939
Dimensions
23 cm.
Extent
384 pages
Isbn
9789811222955
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1164344939

Subject

Library Locations

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      43.803074 11.283055
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