Comparative advantage, growth, and the gains from trade and globalization : a festschrift in honor of Alan V. Deardorff / edited by Robert M. Stern.

Format:

Book

Contributor:

Deardorff, Alan V.

Stern, Robert M. (Robert Mitchell), 1927-

Series:

World scientific studies in international economics, 1793-3641 ; v. 16.

World scientific studies in international economics, 1793-3641 ; v. 16

Language:

English

Subjects (All):

International trade.

Comparative advantage (International trade).

Globalization--Economic aspects.

Globalization.

Physical Description:

1 online resource (716 p.)

Edition:

1st ed.

Place of Publication:

New Jersey : World Scientific, c2011.

Language Note:

English

Summary:

Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2-3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled "Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff." 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 th

Contents:

Preface and Acknowledgments; TABLE OF CONTENTS; Festschrift Panelists; Introduction: A Tribute to Alan V. Deardorff Robert M. Stern; STRUCTURE OF THE VOLUME; PART I SPECIAL LECTURES; Chapter 1 Remarks: Deardorff Festschrift John Sweetland; Chapter 2 Citigroup Foundation Special Lecture Paul Krugman; INTRODUCTION; REFLECTIONS ON GLOBALIZATION: YESTERDAY AND TODAY; PART II COMPARATIVE ADVANTAGE IN A CHANGING GLOBAL ECONOMY; Chapter 3 Alan Deardorff on Comparative Advantage James E. Anderson; REFERENCES; Chapter 4 Comparative Advantage in a Changing Global Economy Avinash Dixit; REFERENCES

Chapter 5 Comparative Advantage Meets Alan Deardorff Wilfred J. EthierREFERENCES; Chapter 6 In Defense of Cones Ronald W Jones; THE TWO-COMMODITY CASE; FACTOR INTENSITY REVERSAL IN TECHNOLOGY; CONES IN THE MULTI-COMMODITY SETTING; CONCLUDING REMARKS: THE SIGNIFICANCE OF CONES OF DIVERSIFICATION; REFERENCES; Chapter 7 Increasing Returns in a Comparative Advantage World Paul Krugman; THE OLD NEW TRADE STORY; COLLARS AND CUFFS, BUTTONS AND CIGARETTE LIGHTERS; LOCALIZED EXTERNAL ECONOMIES AND THE GAINS FROM TRADE; REFERENCES; Chapter 8 Heckscher, Ohlin, and Deardorff J. Peter Neary; REFERENCES

ReprintsChapter 9 Weak Links in the Chain of Comparative Advantage Alan V. Deardorff; 1. Introduction; 2. Free trade; 3. Impeded trade; 4. Intermediate goods and free trade; 5. Intermediate goods and impeded trade; 6. Many countries; 7. Conclusion; References; Chapter 10 The General Validity of the Law of Comparative Advantage Alan V. Deardorff; I. The Model; II. A Theorem and Its Corollaries; III. Refinements; Strong Inequalities; Relation to the Gains from Trade; IV. Discussion; Appendix; References; Chapter 11 The General Validity of the Heckscher-Ohlin Theorem Alan V. Deardorff

I. AssumptionsII. The Factor Content of Trade; III. A Theorem on the Factor Content of Trade; IV. Implication for the Pattern of Factor-Content Trade; V. Implications for the Pattern of Commodity Trade; VI. Factor Intensity Ambiguities; REFERENCES; Chapter 12 Comparative Advantage and International Trade and Investment in Services Alan V. Deardorff; TRADE IN TRADE SERVICES; SERVICES TRADE AS INTERNATIONAL FACTOR MOVEMENTS; SERVICE TRADE WITH ABSENT FACTORS; Case I: Services are management intensive; Case II: Services are labour intensive; Case III: Differences in technology

Summary of the casesCONCLUSION; REFERENCES; Chapter 13 FIRless FIRwoes: How Preferences Can Interfere with the Theorems of International Trade Alan V. Deardorff; 1. Introduction; 2. The example; 3. Implications for other theorems of trade; 3.1. The Heckscher-Ohlin theorem; 3.2. The Stolper-Samuelson theorem; 3.3. The Rybczynski theorem; 3.4. The Mundell theorem; 4. Do FIRs really matter?; 5. An alternative to the absence of FIRs?; 6. Conclusion; References; Chapter 14 International Trade with Lumpy Countries Paul N. Courant and Alan V. Deardorff; I. Introduction

II. An Example of Trade Due to Uneven Factor Allocation

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

1-280-37103-X

9786613555359

981-4340-37-5

OCLC:

858228209