The region and trade : new analytical directions / editors, Amitrajeet A Batabyal, Peter Nijkamp.

Format:

Book

Contributor:

Batabyal, Amitrajeet A., 1965- editor.

Nijkamp, Peter, editor.

Language:

English

Subjects (All):

International trade.

Regional economics.

Physical Description:

1 online resource (395 p.)

Place of Publication:

Hackensack, New Jersey : World Scientific, 2015.

Language Note:

English

Summary:

"Although international trade has been much studied by both economists and regional scientists, the nature, causes, and the consequences of interregional trade, i.e., trade between regions within countries has received far less attention. In addition, given recent advances in new economic geography on the theoretical front and in the development of both input-output and computable general equilibrium models on the empirical front, the important subject of interregional trade is now open to study using these theoretical and empirical methodologies. Given this state of affairs, this book aims to present chapters written by a carefully selected group of experts in the field and thereby shed valuable light on key outstanding questions concerning the region and trade. These questions include, but are not limited to, the role of external economies in shaping the pattern of interregional trade, the role of natural resources versus traditional factors of production such as labor and capital in driving interregional trade, the relationship between transport and interregional trade, “high value” interregional trade in services, and the role of interregional trade estimation in the construction of a multi-regional, input-output system."-- Provided by publisher.

Contents:

Contents; Acknowledgments; Contributors; Part I. Introduction; Chapter 1. Introduction to "The Region and Trade: New Analytical Directions"; 1.1. Preliminaries; 1.2. Theory; 1.2.1. North-South trade; 1.2.2. Regional trade; 1.2.3. Free trade areas; 1.3. Empirics; 1.3.1. Spatial connectivity of states; 1.3.2. Protection of manufacturing; 1.3.3. Freight movement and emissions; 1.3.4. An island economy; 1.3.5. Trade in knowledge; 1.4. Theory and Empirics; 1.4.1. Cities and trade; 1.4.2. Infrastructure and exports in Turkey; 1.4.3. Services and regional specialization in India; 1.5. Conclusions

ReferencesPart II. Theory; Chapter 2. Statistical Discrimination, Endogenous Quality and North-South Trade; 2.1. Introduction; 2.2. A Model of Quality Perceptions; 2.2.1. Consumers' preferences and market segmentation in the south; 2.2.2. Production; 2.2.3. Determination of equilibrium southern price and quality; 2.2.4. Southern labor market equilibrium; 2.2.5. Balance of trade; 2.3. Self-Fulfilling Quality Perceptions; 2.4. Commercial Policies; 2.4.1. Tariff on the imported heterogeneous good; 2.4.2. Quota; 2.4.3. Subsidy to the Southern heterogeneous good

4.2.2. The first stage of the game4.3. Concluding Remarks; References; Part III. Empirics; Chapter 5. Exploring the Spatial Connectivity of US States, 1993-2007; 5.1. Introduction; 5.2. Literature Review; 5.3. Data and Methods; 5.3.1. Commodity flow survey (CFS) data; 5.3.2. Exploratory spatial data analysis of interstate commodity flows; 5.3.2.1. Gini index of concentration in the interstate trade system; 5.3.2.2. Flow matrix factor analysis: Identification of traderegions of interstate trade; 5.4. Analysis Results: Spatial Patterns of US Interstate Commodity Flows

5.4.1. "Spatial focusing" in interstate trade system5.4.2. Identification of US interstate trade regions; 5.4.2.1. Regional stability of commodity flow patterns; 5.5. Conclusion; References; Chapter 6. Manufacturing Fetishism: The Neo-Mercantilist Preoccupation with Protecting Manufacturing; 6.1. Manufacturing Fetishism Thrives; 6.2. The Economist Debate; 6.3. Our Study; 6.4. Data; 6.4.1. World Bank: WDIs; 6.4.2. World Bank: WGIs; 6.4.3. World Bank: Trade restriction indices 2009; 6.5. Manufacturing Analysis; 6.5.1. Is a higher manufacturing share a marker for a higher living standard?

6.5.2. What determines manufacturing share?

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

981-4520-16-0