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Handbook of International Economics, Volume 1: International Trade (Handbooks in Economics)
 
 
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Handbook of International Economics, Volume 1: International Trade (Handbooks in Economics) [Hardcover]

P.B. Kenen (Editor), R.W. Jones (Editor)

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Book Description

0444867929 978-0444867926 April 15, 1988
This Handbook adopts a traditional definition of the subject, and focuses primarily on the explanation of international transactions in goods, services, and assets, and on the main domestic effects of those transactions. The first volume deals with the "real side" of international economics. It is concerned with the explanation of trade and factor flows, with their main effects on goods and factor prices, on the allocation of resources and income distribution and on economic welfare, and also with the effects on national policies designed explicitly to influence trade and factor flows. In other words, it deals chiefly with microeconomic issues and methods. The second volume deals with the "monetary side" of the subject. It is concerned with the balance of payments adjustment process under fixed exchange rates, with exchange rate determination under flexible exchange rates, and with the domestic ramifications of these phenomena. Accordingly, it deals mainly with macroeconomic issues, although microeconomic methods are frequently utilized, especially in work on expectations, asset markets, and exchange rate behavior. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

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Editorial Reviews

Review

R.H. Snape
This book is a "must"for every international trade economist.
The Economic Record
The editors and the contributors are to be congratulated for producing a handbook which will be genuinely useful to many advanced students, teachers and research workers in trade theory.
The Manchester School
Paul R. Krugman
It should be on the shelf of anyone seriously interested in international economics.

Journal of Economic Literature
Brian Hindley
No one concerned with teaching or research in international trade can afford to be without a copy of this excellent book.
The Economic Journal
James R. Melvin
This collection will undoubtedly serve as a valuable reference and teaching aid for many years to come.

The Canadian Journal of Economics
Miltiades Chacholiades
In conclusion, the Handbook is an important addition to the literature. Specialists in the area will find a wealth of ideas in its 1239 pages.
The Wall Street Review of Books

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Inside This Book (learn more)
First Sentence:
The theory of international trade is one of the oldest subfields of economics and its central concerns remain those of Ricardo. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
multiplicative randomness, single physical commodity, normative trade theory, one physical commodity, domestic distortions theory, relative autarky prices, relative commodity price changes, open dual economy, constant commodity prices, identical homothetic demands, preferential government purchasing policies, positive trade theory, autarkic prices, relative labor requirements, free trade path, competitive profit conditions, monopolistic phase, local univalence, global univalence, foreign endowment, large country case, optimal tariff theory, world price ratio, constant factor prices, labor adjustment costs
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Journal of International Economics, Journal of Political Economy, American Economic Review, New York, Economic Journal, United States, Review of Economic Studies, Quarterly Journal of Economics, International Economic Review, Oxford Economic Papers, Canadian Journal of Economics, Cambridge University Press, Economic Record, Journal of Development Economics, Harvard University Press, Columbia University Press, Academic Press, Handbook of International Economics, National Bureau of Economic Research, Elsevier Science Publishers, Manchester School, Princeton University, Journal of Economic Theory, Oxford University Press, Weltwirtschaftliches Archiv
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