Trade Specialisation Technology And Economic Growth
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| Author | : Keld Laursen |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 224 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : |
Examines the role of international Ricardian specialization in economic development processes. Laursen (Copenhagen Business School) considers whether countries converge or diverge in terms of specialization patterns over time; if the role of technology can explain the direction of national trade specialization; and the implications of international specialization patterns and their changes for economic growth. Appreciative theories, neo-classical theories, post-Keynesian approaches, and evolutionary approaches are discussed in relation to each of the three issues. Annotation copyrighted by Book News Inc., Portland, OR
| Author | : Arnold Kling |
| Publisher | : Cato Institute |
| Total Pages | : 223 |
| Release | : 2016-06-14 |
| Genre | : Business & Economics |
| ISBN | : 1944424164 |
Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.
| Author | : Love Patrick |
| Publisher | : OECD Publishing |
| Total Pages | : 197 |
| Release | : 2009-05-19 |
| Genre | : |
| ISBN | : 926406026X |
Argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough; policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy.
| Author | : Cristina Constantinescu |
| Publisher | : International Monetary Fund |
| Total Pages | : 44 |
| Release | : 2015-01-21 |
| Genre | : Business & Economics |
| ISBN | : 1498399134 |
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
| Author | : Keld Laursen |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 199 |
| Release | : 2000 |
| Genre | : Economic development |
| ISBN | : 9781781959824 |
| Author | : Valentina Meliciani |
| Publisher | : Routledge |
| Total Pages | : 217 |
| Release | : 2001-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1134548621 |
Presenting new material and a fresh perspective, Technology, Trade and Growth in OECD Countries, provides a unifying framework for the exploration of the role played by specialisation in economic growth and international competitiveness.
| Author | : Wei Wang |
| Publisher | : Chandos Publishing |
| Total Pages | : 377 |
| Release | : 2016-03-17 |
| Genre | : Business & Economics |
| ISBN | : 0081006284 |
Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China's trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. - Argues that inclusive growth and vertical specialization analyses must be performed together - Gives quantitative evidence for the link between vertical specialization and inclusive growth in China - Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques - Offers insight on forming future policy in China to increase inclusive growth
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 351 |
| Release | : 2011-10-20 |
| Genre | : |
| ISBN | : 9264113088 |
This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.
| Author | : Robert M. Stern |
| Publisher | : World Scientific |
| Total Pages | : 716 |
| Release | : 2011 |
| Genre | : Business & Economics |
| ISBN | : 9814340375 |
Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2OCo3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled OC Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff.OCO It was co-organized by two of Professor Deardorff''s former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff''s contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff''s contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled OC Reflections on Globalization: Yesteryear and Today.OCO All of these papers and Krugman''s lecture are contained in the volume."
| Author | : Nagwa Riad |
| Publisher | : International Monetary Fund |
| Total Pages | : 87 |
| Release | : 2012-01-15 |
| Genre | : Business & Economics |
| ISBN | : 1463973101 |
Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
