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An Inframarginal Approach to Trade Theory (Increasing Returns and Inframarginal Economics) [Hardcover]

Xiaokai Yang (Author), Wenli Cheng (Author), Heling Shi (Author), Christis G. Tombazos (Author)

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Book Description

ISBN-10: 9812389296 | ISBN-13: 978-9812389299 | Publication Date: March 8, 2005

Inframarginal analysis represents a methodology that extends marginal analysis, using non-classical mathematical programming, in efforts to investigate corner solutions and indivisibilities. As such this approach has been used to reintroduce classical insights regarding the division of labor and economic organization to the mainstream of economic inquiry. One of the most prolific and useful relevant applications of inframarginal analysis concerns the area of international trade theory. The ensuing field of study has attracted considerable - and rapidly expanding - interest in recent years. Yet, little has been done by way of organizing the accumulated knowledge in a single volume. This book fills that gap by collecting key articles that mark distinct stages in the evolution of research in the area of inframarginal applications to trade theory. In this context the volume represents an excellent introduction of this novel and exciting field of study to the new researcher, and an invaluable source of reference to those seasoned in inframarginal applications to trade theory.

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } Inframarginal analysis represents a methodology that extends marginal analysis, using non-classical mathematical programming, in efforts to investigate corner solutions and indivisibilities. As such this approach has been used to reintroduce classical insights regarding the division of labor and economic organization to the mainstream of economic inquiry. One of the most prolific and useful relevant applications of inframarginal analysis concerns the area of international trade theory. The ensuing field of study has attracted considerable - and rapidly expanding - interest in recent years. Yet, little has been done by way of organizing the accumulated knowledge in a single volume. This book fills that gap by collecting key articles that mark distinct stages in the evolution of research in the area of inframarginal applications to trade theory. In this context the volume represents an excellent introduction of this novel and exciting field of study to the new researcher, and an invaluable source of reference to those seasoned in inframarginal applications to trade theory.

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Product Details

Hardcover: 525 pages
Publisher: World Scientific Pub Co Inc (March 8, 2005)
Language: English
ISBN-10: 9812389296
ISBN-13: 978-9812389299
Product Dimensions: 8.9 x 6.3 x 1.3 inches
Shipping Weight: 1.9 pounds (View shipping rates and policies)
Amazon Best Sellers Rank: #5,550,747 in Books (See Top 100 in Books)

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Inside This Book (learn more)

First Sentence:
Over the last one hundred and thirty years, or so, the notion that optimizing decisions are made "on the margin" has represented the preeminent vehicle for research in economics. Read the first page

Key Phrases - Capitalized Phrases (CAPs): (learn more)
American Economic Review, Journal of Political Economy, New York, Xiaokai Yang, Monash University, Adam Smith, Quarterly Journal of Economics, Harvard University, Economic Journal, Review of Economic Studies, Journal of International Economics, Wealth of Nations, Princeton University, Journal of Development Economics, Journal of Economic Theory, Journal of Labor Economics, Hong Kong, Jeff Borland, Jeffrey Sachs, Oxford University Press, Review of Development Economics, Sherwin Rosen, Clarendon Press, Gene Grossman, Industrial Revolution

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Citations (learn more)

This book cites 58 books:

The Wealth of Nations (Bantam Classics) by Adam Smith on 11 pages
Increasing Returns and Economic Analysis by Kenneth J. Arrow on 8 pages
Wealth of Nations by Adam Smith on 8 pages
An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith on 8 pages
International Economics by Paul R. Krugman on 7 pages

See all 58 books this book cites

1 book cites this book:

Readings in the Economics of the Division of Labor: The Classical Tradition (Series of Increasing Returns and Inframarginal Economics, 2) (2series of Increasing Returns and Inframarginal Economics) by Guang-Zhen Sun in Front Matter

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Economics by Xiaokai Yang

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Economic Development and the Division of Labor by Xiaokai Yang

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