International Trade In Capital Goods by U. S., Kamble
International Trade In Capital Goods by U. S., Kamble

International Trade In Capital Goods

International trade theory has been dominated for many decades by models that eitherexplicitly, or implicitly evade altogether...
HK$403.48
HK$403.48
SKU: 9781805249603
Product Type: Books
Please hurry! Only 0 left in stock
Author: Kamble U. S.
Format: Paperback
Language: English
Subtotal: $403.48
10 customers are viewing this product
International Trade In Capital Goods by U. S., Kamble

International Trade In Capital Goods

$403.48
International Trade In Capital Goods by U. S., Kamble

International Trade In Capital Goods

$403.48
Author: Kamble U. S.
Format: Paperback
Language: English
Description

International trade theory has been dominated for many decades by models that either

explicitly, or implicitly evade altogether the questions of the heterogeneity of capital

goods, and the issue of distribution as a consequence of international trade. The capital

controversies of the 1960's have had inevitable implications for neoclassical trade

theories that were based on the notion of capital as non-produced endowments whose

quantity is defined independently of the prices of good. Four kinds of developments have

taken place in the literature since then.

(1) Steedman1 and his co-authors wrote a series of papers to show that if the

distinction between capital as the value of heterogeneous capital goods and the

capital goods themselves is made, as it ought to be made, many of the standard

propositions and theorems of modern trade theory would either fail to hold or

would, at the very least, have to be heavily qualified.

(2) Dornbusch, Fischer & Samuelson2, Shiozawa3 and others, on the other hand,

developed the Ricardian model and extended it to several commodities including

trade in intermediate goods. Specifically, they showed that with international

trade in intermediate goods it is no longer possible to solve the price system of

any country in isolation from the price systems of its trading partners; the price

system becomes international in nature.

(3) Eaton and Kortum4 developed a model of multi-country multi-commodity trade

which allowed trade in intermediates but assumed quite restrictively that the

pattern of absolute and comparative advantages across countries and commodities



Author: Kamble U. S.
Publisher: Independent Author
Published: 02/08/2023
Pages: 122
Binding Type: Paperback
Weight: 0.42lbs
Size: 9.00h x 6.00w x 0.29d
ISBN: 9781805249603
Shipping & Return

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Review

Related Products

Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48
Example product title
HK$403.48
HK$403.48

Recently Viewed Products