International Trade and National Welfare

Online-Ressource (229 p)

Routledge Studies in the Modern World Economy Ser. ; v.32

Description based upon print version of record

Cover; Title; Copyright Page; Contents; Acknowledgements; Introduction; PART I The gains from trade under perfect competition; 1 Trade gains: a unified exposition based on duality; 2 Trade gains in chaotic equilibria; 3 The internationalization of the world economy and its implications for national welfare; 4 Trade gains when the opportunity to trade changes the state of information; 5 The gains from trade when markets are endogenous; 6 Quality standards in the theory of customs unions; 7 A second elementary proposition concerning the formation of customs unions

8 A third elementary proposition concerning the formation of customs unions9 The Kemp-Wan theorem in a context of public goods; 10 Welfare comparisons of customs unions and other free trade associations; 11 Partial preferential trading associations; 12 The impossibility of global absolute advantage in the Heckscher-Ohlin model of trade; 13 A simple model of privately profitable but socially useless speculation; 14 An antiquarian note on optimal tariffs; 15 Smuggling and optimal commercial policy; 16 On the evaluation of social income in a dynamic economy: generalizations

PART II The gains from trade under non-perfect competition17 A new approach to the theory of international trade under increasing returns: the two-commodities case; 18 Increasing returns and international trade; 19 Gains from trade in a Cournot-Nash general equilibrium; 20 The Kemp-Wan proposition under increasing returns to scale and oligopolistic competition; 21 The gains from trade for a socialist economy; 22 Voluntary export restraints and economic welfare; PART III Background papers; 23 Some properties of egalitarian economies; 24 The apparently innocuous representative agent

25 Pareto's compensation principleAuthor index; Subject index;

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