David Andrew Kendrick

(Author)

Models for Analyzing Comparative Advantage (1990)Paperback - 1990, 8 October 2011

Models for Analyzing Comparative Advantage (1990)
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Part of Series
Advanced Studies in Theoretical and Applied Econometrics
Print Length
176 pages
Language
English
Publisher
Springer
Date Published
8 Oct 2011
ISBN-10
9401076197
ISBN-13
9789401076197

Description

Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com- petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power has grown in recent years increasing attention has been give to economic models as one of the most powerful aids to policy making. These models can be used on the one hand to help in selecting export industries to encourage and infant industries to protect and on the other hand to chart the larger effects ofttade policy on the entire economy. While many models have been developed in recent years there has not been any analysis of the strengths and weaknesses of the various types of models. Therefore, this monograph provides a review and analysis of the models which can be used to analyze dynamic comparative advantage.

Product Details

Author:
David Andrew Kendrick
Book Edition:
1990
Book Format:
Paperback
Country of Origin:
NL
Date Published:
8 October 2011
Dimensions:
23.39 x 15.6 x 1.02 cm
ISBN-10:
9401076197
ISBN-13:
9789401076197
Language:
English
Location:
Dordrecht
Pages:
176
Publisher:
Weight:
272.16 gm

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