Description

This comprehensive discussion of international trade theories focuses on logically distinct models of international trade rather than on chronology or “schools of thought.” The author gives primary attention to the differences in the empirical implications derivable from the “Heckscher-Ohlin model” and from the simple classical comparative models of international trade. He also emphasizes the recurrence of controversy over matters of aggregation, due to the lack of a common criterion, and the rich variety of model types that result from dynamic theorizing, discrediting the search for an ultimate dynamic international trade model. This book is intended especially for teachers and graduate students who require a broad understanding of basic theories in the field.

Trade and Economic Structure: Models and Methods

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Hardback by Richard E. Caves

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This comprehensive discussion of international trade theories focuses on logically distinct models of international trade rather than on chronology or... Read more

    Publisher: Harvard University Press
    Publication Date: 01/01/1960
    ISBN13: 9780674898813, 978-0674898813
    ISBN10: 0674898818

    Number of Pages: 317

    Non Fiction , Business, Finance & Law

    Description

    This comprehensive discussion of international trade theories focuses on logically distinct models of international trade rather than on chronology or “schools of thought.” The author gives primary attention to the differences in the empirical implications derivable from the “Heckscher-Ohlin model” and from the simple classical comparative models of international trade. He also emphasizes the recurrence of controversy over matters of aggregation, due to the lack of a common criterion, and the rich variety of model types that result from dynamic theorizing, discrediting the search for an ultimate dynamic international trade model. This book is intended especially for teachers and graduate students who require a broad understanding of basic theories in the field.

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