Positive and Normative Analysis in International Economics Essays in Honour of Hiroshi Ohta

by Kemp, Murray C.; Nakagawa, Hironobu; Uchida, Tatsuya

• ISBN13: 9780230309173
• ISBN10: 0230309178
• Format: Hardcover
• Copyright: 2011-12-15
• Publisher: Palgrave Macmillan

Summary

This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.

Author Biography

MURRAY KEMPis Professor Emeritus at the University of New South Wales, Australia. He obtained his Ph.D from the Johns Hopkins University, USA, and taught at McGill University, Canada, the Massachusetts Institute of Technology, USA, and the University of New South Wales, Australia.He has contributed mainly to the pure theory of international trade and to the economics of exhaustible resources.
HIRONOBU NAKAGAWA is Professor of Economics at Aoyama Gakuin University, Japan.He obtained his M.B.A. from New York University, USA,and his Ph.D. in Economics from Columbia University, USA. His research focuses on international macroeconomics and finance. His research has been published in journals such as Journal of Monetary Economics and Journal of International Money and Finance.
TATSUYA UCHIDA is Professor of Economics at Aoyama Gakuin University,Japan.He obtained his Ph.D. in International Economics from Aoyama Gakuin University. His research interest is in applied microeconomics, especially industrial organization and managerial economics.

Table of Contents

Normative Trade Theory
To Bribe or not to Bribe for Free Trade
Innovations and International Trade
Comparative Cost and Factor Endowments
Social Welfare and Pareto Improvement
Cost Harmonization and Welfare
Capacity Constraint and Export Subsidies
Subcontracting or Exporting with Flexible Manufacturing
Inward FDI and the Size of the Market
Unionization and the Environment
The Price Effects of MERCOSUR
Global Imbalances and Exchange Rates
Regulation, Quality Adjustment and Relative Price Changes
Continued Openness and Reforms for Agriculture