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International Trade and Economic Growth.
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,...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken :
Taylor and Francis,
2015.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Half Title; Title; Copyright; Dedication; Contents; List of Tables; List of Figures; Preface; Acknowledgments; Introduction; The Fragility of Economists' Case for Free Trade; A Dynamic Case for Free Trade?; Outline of the Book; Chapter 1
- The Welfare Gains from Trade; 1.1 Static Models and the Gains from Trade; 1.1.1 The General Equilibrium Gains from Trade; 1.1.2 The Partial Equilibrium Gains from Trade; 1.2 Estimates of the Static Gains from Trade; 1.2.1 Measuring the Harberger Triangles; 1.2.2 Beyond the Harberger Triangles; 1.2.3 The Gains from Trade and Economic Growth.
- 1.3 Economic Growth and International Trade1.3.1 The History of Economic Growth; 1.3.2 Trade and Per Capita Output Follow Similar Paths; 1.4 The Power of Compounding; 1.5 Does Trade Cause Growth?; Chapter 2
- Trade and Growth: The Empirical Evidence; 2.1 The Statistical Relationship between Trade and Growth; 2.1.1 The Early Statistical Studies; 2.1.2 The Shortcomings of Linear Regression Analysis; 2.2 Regressing Economic Growth on International Trade; 2.2.1 Cross-Section Sources of Growth Regressions; 2.2.2 Time-Series Sources of Growth Regressions.
- 2.2.3 The Per Capita Income Version of the Model2.3 The Feder Model; 2.4 Dealing with Simultaneity; 2.4.1 Causality Analysis; 2.4.2 Simultaneous Equations Models; 2.4.3 Instrumental Variables; 2.5 Trade's Growth Effects Using Qualitative Measures; 2.5.1 Three Popular Studies of Trade and Growth; 2.5.2 Evaluating the Results of Qualitative Studies; 2.6 Robust Studies; 2.6.1 Levine and Renelt's Sensitivity Analysis; 2.6.2 Sala-i-Martin's Less Zealous Sensitivity Analysis; 2.7 Testing How Trade Affects Growth; 2.7.1 Distinguishing the Channels of Trade's Influence.
- 2.7.2 A Simultaneous-Equations "Channels" Model2.8 Summary and Assessment of the Empirical Results; Chapter 3
- International Trade and Factor Accumulation; 3.1 The Early Growth Models; 3.1.1 Adam Smith on Specialization and Exchange; 3.1.2 Specialization and Technological Progress; 3.1.3 The Importance of Institutions; 3.1.4 Transportation and Communications; 3.1.5 National Welfare; 3.1.6 A Graphic Smithian Growth Model; 3.2 The Classical Economists and Diminishing Returns; 3.2.1 An Example of Diminishing Returns; 3.2.2 Diminishing Returns and Technology.
- 3.2.3 Diminishing Returns and Population Growth3.2.4 International Trade's Role in the Growth Process; 3.3 The Harrod-Domar Growth Model; 3.3.1 The Basic Harrod-Domar Model; 3.3.2 The Experience of the Harrod-Domar Model; 3.4 Robert Solow and His Neoclassical Growth Model; 3.4.1 The Production Function; 3.4.2 Saving and Investment; 3.4.3 The Graphic Version of the Solow Model; 3.4.4 Population Growth and the Solow Model; 3.4.5 Technological Progress and the Solow Model; 3.4.6 Summing Up the Solow Growth Model; 3.5 The Gains from Trade According to the Solow Model.