Theory of International Trade by Avinash Dixit

Theory of International Trade by Avinash Dixit

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Theory of International Trade by Avinash Dixit

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
SKU Unavailable
ISBN 13 9780521299695
ISBN 10 0521299691
Title Theory of International Trade
Author Avinash Dixit
Series Cambridge Economic Handbooks
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1980-09-30
Number of pages 352
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.