Author: Eric O'Neill FisherPublisher:
ISBN:
Category :
Languages : en
Pages : 298
Book Description
Three Essays in International Trade Theory
Author: Eric O'Neill FisherThree Essays in International Trade Theory and Industrial Analysis
Author: YongKyun ChoPublisher:
ISBN:
Category : Economic development
Languages : en
Pages : 248
Book Description
Three Essays in the Theory of International Trade
Author: Henry ThompsonPublisher:
ISBN:
Category : International economic relations
Languages : en
Pages : 132
Book Description
Three Essays in the Theory of International Trade Under Uncertainty
Author: Timothy Leonard FriesPublisher:
ISBN:
Category : Commerce
Languages : en
Pages : 145
Book Description
Three Essays in the New International Trade Theory
Author: Taiji FurusawaThree Essays on International Trade
Author: Su Wang (Ph. D.)Publisher:
ISBN:
Category :
Languages : en
Pages : 152
Book Description
This thesis consists of three essays about international trade and wage inequality. Essay I characterizes optimal trade and FDI policies in a model with monopolistic competition and firm-level heterogeneity similar to Helpman et al. (2004). I find that both the optimal import tariffs and the optimal FDI subsidies discriminate against the more profitable foreign firms. This is because of the existence of a wedge between the private incentives of exporting and FDI firms, and the incentive of the representative agent. Essay II develops an elementary theory of global supply chains. It considers a world economy with an arbitrary number of countries, one factor of production, a continuum of intermediate goods, and one final good. Production of the final good is sequential and subject to mistakes. In the unique free trade equilibrium, countries with lower probabilities of making mistakes at all stages specialize in later stages of production. Using this simple theoretical framework, it offers a first look at how vertical specialization shapes the interdependence of nations. Essay III proposes a model that has as ingredients heterogeneity of workers and firms, complementarity between occupations within each firm and complementarity between workers and firms/occupations. The competitive equilibrium features positive assortative matching and leads to both within- and between- firm wage variations. Comparative static results are then derived to generate new insights about changes in these components of wage inequality.
Three Essays on Increasing Returns to Scale and International Trade Theory
Author: Min TangPublisher:
ISBN:
Category : Commerce
Languages : en
Pages : 178
Book Description
In this thesis, we consider the trading world economy with some firms exhibiting increasing returns to scale technology. We focus on the problems of existence of equilibrium, gains from trade and the effects of increasing returns in developing countries. The dissertation consists of three independent essays. The first essay proves the existence of a world trade equilibrium under a special pricing rule--marginal cost pricing. Our results support an internationally decentralized subsidy arrangement. In addition, we show that the equilibrium existence results of Debreu (1959) and Grandmont and McFadden (1972) can be derived as a special case of ours. The second essay shows that for a small country there exists at least one free trade marginal cost equilibrium which is Pareto non-inferior to autarky regardless of variable returns to scale. The result can be applied to three kinds of economies: a centrally planned economy with one consumer; a multi-consumer economy with lump-sum transfers; and a multi-consumer economy without lump-sum transfers but with feasible commodity taxes. The paper reports a generalization of the result of Dixit and Norman (1986) on the gains from trade without lump-sum compensation. The third essay deals with the effects of increasing returns on developing countries. We find that a rapidly growing developing country which is oriented toward the rest of the world may exhibit strongly increasing returns. Moreover, it may enjoy comparative advantage in the increasing returns sectors. The policy implication is that developing countries should extend the industries with increasing returns in order to enjoy the gains from economies of scale.
Three Essays in International Trade and Uncertainty
Author: Richard Edward BaldwinPublisher:
ISBN:
Category :
Languages : en
Pages : 234
Book Description
Three Essays in International Trade and Investment
Author: Ting GaoThree Essays on International Trade
Author: Chrysostomos TabakisPublisher:
ISBN:
Category :
Languages : en
Pages : 204
Book Description