Trade policy and economic welfare / W. Max Corden
- Bib ID:
- 2953615
- Format:
- Book
- Author:
- Corden, W. M. (Warner Max), 1927-
- Edition:
- 2nd ed.
- Description:
-
- Oxford [England] : Clarendon Press ; New York : Oxford University Press, 1996
- xvi, 301 p. : ill. ; 23 cm.
- ISBN:
-
- 0198292236
- 0198775342
- Summary:
-
Trade Policy and Economic Welfare expounds the normative theory of trade policy. It includes discussion of static and dynamic arguments for protection, especially the infant industry argument; effects of trade policy on income distribution, monopoly, X-efficiency, foreign investment, and capital accumulation; protection of advanced-technology industries; and the choice between tariffs and subsidies as methods of protection. The chapters are self-contained to allow the flexible use of the book in teaching courses on international trade and the economics of developing countries. The exposition is rigorous but non-mathematical, with ample use of simple diagrams.
- Full contents:
-
- 1. Introduction
- 2. The Theory of Domestic Divergences
- 3. The Four Assumptions of the Theory of Domestic Divergences
- 4. Trade Taxes as Sources of Government Revenue
- 5. Protection and Income Distribution
- 6. The Terms of Trade Argument for Taxes on Trade
- 7. Monopoly, Market Structure and Economies of Scale
- 8. The Infant Industry Argument
- 9. Protection and Capital Accumulation
- 10. Some Dynamic Aspects of Trade Policy
- 11. Protection and Foreign Investment
- 12. Optimal Tariff Dismantling
- 13. The Environment and Trade Policy
- 14. Strategic Trade Policy
- 15. The Exchange Rate, Trade Policy, and the Current Account
- 16. Conclusion.
- Notes:
- Includes bibliographical references.
- Subject:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1996
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