International trade theory explains the patterns of specialization like cross-country differences in tastes, technology and factor endowments. Traditional trade theory emphasizes comparative advantage as a source of trade. The Ricardian theory predicts that a country will export the products in which it has a comparative advantage. The Ricardian model was very helpful for several issues such as the effects of technological progress on the patterns of specialization and the distribution of gains from trade. During last two decades, lot of emphasis has been put on the resources of trade deriving from increasing returns to scale, product differentiation and monopolistic competition. In new trade theory, imperfect competition and scale economies featured prominently. The static models of intra-industry trade suggested a new explanation for dynamic relationships between technology and trade. The focus in recent research has been on endogenous evolution of technology in response to various market incentives. In these studies, several insights have been borrowed from recent studies on endogenous growth. This volume brings together recent work relating to the following issues of trade and growth controversies: 1. Adam Smith and Trade Theory; 2. Gains from Trade; 3. Trade, Specialization and Endogenous Growth; 4. Economic Geography and Trade; 5. Trade as Engine of Growth; 6. Exports and Human Capital; 7. Trade Patterns and Technical Change; 8. Trade and Inequality; 9. Trade, Geography and Division of Labour. This series is dedicated to Rural Prebisch who underlined the dynamics of the world economy and the interdependence between the industrial countries of the North and the LDCs of the South.
Trade and Growth: Models and Methods (Vol. 20, in 3 Parts)
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ABOUT THE AUTHOR Neelambar Hatti
Neelambar Hatti is mainly involved in research at the Department of Economic History, University of Lund, Sweden. Dr. Hatti has written extensively on Trade, Aid and Rural Development, and Microdemography. He has also taught at the University of Copenhagen and has been a visiting Senior Fellow at the Scandinavian Institute of Asian Studies. He has recently authored (with Rameshwar Tandon) the study, Exports and Development: The Indian Experience.
ABOUT THE AUTHOR Rameshwar Tandon
Rameshwar Tandon works at the International Institute for Special Education, Lucknow. For the last three decades, he worked with Prof. VKRV Rao at the Institute for Social and Economic Change, Bangalore. He is author-editor of numerous books and articles, most recently, Exports and Development: The Indian Experience (jointly with Prof. Neelambar Hatti)
ABOUT THE AUTHOR Sir Hans Singer
Sir Hans Singer is Emeritus Professor of the University of Sussex and a Fellow of the Institute of Development Studies at the University of Sussex since 1969. Previously he served in the United Nations Secretariat for over 20 eyars and held a number of academic and civil service posts. He is the author of numerous books and articles, most recently The Foreign Aid Business (jointly with K. Raffer).
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Bibliographic information
Title
Trade and Growth: Models and Methods (Vol. 20, in 3 Parts)
Author
Edition
1st ed.
Publisher
ISBN
8176462284
Length
xxi+513p., ix+517-1068p., ix+1071-1727p., Figures; Tables; Notes; References; Index; 23cm.
Subjects
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