International Trade Theory and Policy: Selected Essays of W. Max CordenMax Corden has become established as one of the world's leading authorities on international trade theory. This text provides a selection of some of his most important work including, empirical work on protection and a review of the normative theory of international trade. |
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Contents
Recent Developments in the Theory of International Trade | 3 |
TRADE AND GROWTH | 13 |
W M Corden | 64 |
Copyright | |
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adjustment analysis assumed assumption Australian autarky balance of payments Balassa Bhagwati calculations capital inflow commodity constant consumption cost of protection customs union devaluation developed countries discussed domestic distortions domestic production Dutch Disease Economic Journal effective protective rate effective rates efficiency elasticity employment equilibrium exchange-rate export tax external balance fall foreign capital free trade gains from trade given hence import-competing imports income distribution increase indifference curve industry International Economics International Trade Johnson Journal of Political Kemp labor manufacturing Meade monetary nominal Normative Theory North Sea oil offer curve optimal tariff optimum output Oxford paper Pareto-efficiency Political Economy possible price ratio profits quotas raise real income real wage reduce relative price resource movement effect restrictions result revenue rise second-best social welfare function substitution tariff reduction tariff structure terms of trade Theory of International tion trade creation trade diversion trade policy trade theory tradeables W.M. Corden welfare