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Könyv Virtual Trade and Comparative Advantage Noritsugu Nakanishi

Virtual Trade and Comparative Advantage

Szerző: Noritsugu Nakanishi, Biswajit Mandal
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: Springer Verlag, Singapore
Elérhetőség: Beszállítói készleten
Küldés 5-8 napon belül
38 040 Ft
The main purpose of this book is to expose economics graduate students and researchers to the most s...

Információk a könyvről

Szerző
Noritsugu Nakanishi, Biswajit Mandal
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
2021
oldal
207
EAN
9789811539084
ISBN
9811539081
Enbook ID
35565866
Kiadó
Springer Verlag, Singapore
Súly
454
Méretek
155 x 235 x 13

Teljes leírás

The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher-Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect.

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