Dynamics, economic growth, and international trade / edited by Bjarne S. Jensen and Kar-yiu Wong.

Format
Book
Language
English
Published/​Created
Ann Arbor : University of Michigan Press, c1997.
Description
1 online resource (xi, 364 p.).

Details

Subject(s)
Series
  • Studies in international economics (Ann Arbor, Mich.) [More in this series]
  • Studies in international economics
Medium/​Support
polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003
Summary note
While the endogenous growth theory has claimed success in modeling various factors of growth and providing analysis on sustainable growth of economies, most of the growth models in published work are for closed economies. These models are deemed to be inadequate for economic analysis because trade, which is often regarded as the engine of growth, has been neglected. The theory of international trade, on the other hand, is characterized by models that are mainly static. While the interest in the dynamics of trade has been growing, work in this area is still scarce. The success of the newly industrialized economies that have been adopting trade-oriented policies suggests how limited present trade theory is in explaining and analyzing the growth of these economies. The work collected here serves to bridge the "old" growth theory and "new" growth theory; merge growth and trade theory; suggest new analysis and techniques of economic growth; and provide analysis of new issues related to growth and trade.
Bibliographic references
Includes bibliographical references.
Source of description
Print version record.
Contents
  • Introduction / Bjarne S. Jensen and Kar-yiu Wong
  • Endogenous growth and international trade: a survey / Ngo Van Long and Kar-yiu Wong
  • General equilibrium dynamics of basic trade models for growing economies / Bjarne S. Jensen and Chunyan Wang
  • Endogenous growth, trade, and specialization under variable returns to scale: the case of a small open economy / Ngo Van Long, Kazuo Nishimura, and Koji Shimomura
  • Dynamic foundations for the factor endowment model of international trade / Oded Galor and Shoukang Lin
  • Public and private capital in an endogenously growing open economy / Stephen J. Turnovsky
  • Trade and growth with endogenous human and physical capital accumulation / Eric W. Bond and Kathleen Trask
  • Efficiency and productivity in rich and poor countries / Rolf Färe and Shawna Grosskopf
  • Interpreting East Asian growth / Pham Hoang Van and Henry Y. Wan, Jr.
  • Endogenous growth and international labor migration: the case of a small, emigration economy / Kar-yiu Wong
  • The human capital dimension to foreign direct investment: training, adverse selection, and firm location / Theo S. Eicher and Pantelis Kalaitzidakis.
ISBN
  • 9780472026418 (ebook)
  • 0472026410
  • 1282555944
  • 9781282555945
  • 9786612555947
  • 6612555947
LCCN
2020749526
OCLC
615635556
Other standard number
  • 10.3998/mpub.15567
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