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Trade, Globalization and Development : Essays in Honour of Kalyan K. Sanyal.

Author: Rajat Acharyya; Sugata Marjit
Publisher: Dordrecht : Springer, 2014.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book was written in honour of Professor Kalyan K. Sanyal, who was an excellent educator and renowned scholar in the field of international economics. One of his research papers co-authored with Ronald Jones, entitled ""The Theory of Trade in Middle Products"" and published in American Economic Review in 1982, was a seminal work in the field of international trade theory. This paper would go on to inspire many  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Acharyya, Rajat.
Trade, Globalization and Development : Essays in Honour of Kalyan K. Sanyal.
Dordrecht : Springer, ©2014
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Rajat Acharyya; Sugata Marjit
ISBN: 9788132211518 8132211510
OCLC Number: 854975963
Notes: 5 ... Comparative Static: Catching by the LDC.
Description: 1 online resource (219 pages)
Contents: Preface; Contents; Contributors; Editors' Biosketch; Editors' Note; Part I Globalization, Input Trade and Sanyal'sContribution to Trade Theory; 1 Middle Products Revisited; 1 ... The Basic Model; 2 ... One Activity in Each Tier; 3 ... Higher Dimensions and the Role of Demand; 4 ... Precursors and Followers; References; 2 ''Antitrust Policy'' Versus ''Industrial Policy''; 1 ... Introduction; 2 ... Simple Sanyal-Jones Model; 3 ... Policy Game; A.x(118). 4 ... Appendix; A.x(118).0 Proof of Lemma 1; A.x(118).0 Proof of Lemma 2; A.x(118).0 Proof of Lemma 3; References; Part II Trade, Technology and Increasing Returns. 3 Protectionism and Increasing Returns1 ... Introduction; 1.1 The Model; 1.2 The Economics of Economies of Scale; 2 ... External Versus Internal Economies; 3 ... Autarky Stability; 4 ... Free Trade; 5 ... A Tariff-Distorted Production Equilibrium is Unstable; 5.1 An Unstable Equilibrium; 5.2 A Stable Equilibrium; 6 ... The Case for Free Trade Can be Strengthened by Scale Economies; 6.1 The Height of Protective Tariffs; 6.2 The Case for Lowering Tariffs; 7 ... The Case for Tariffs or Subsidies; 7.1 Multiple Free-Trade Outcomes; 7.2 A Production Subsidy; 8 ... Flexible Capacity; 9 ... Conclusions; References. 4 Transaction Cost, Technology Transfer, and Mode of Organization1 ... Introduction; 2 ... Environment; 3 ... Firm Behavior; 3.1 Regime I; 3.2 Regime-II; 4 ... Industry Equilibrium; 5 ... Concluding Remarks; A.x(118). Appendix; References; 5 A Simple Model of Foreign Brand Penetration with Multi-Product Firms; 1 ... Introduction; 2 ... The Model; 3 ... Market Equilibrium; 4 ... Trade Liberalization: Effects of a Permanent Fall in Trade Costs; 4.1 Short Run; 4.2 Medium Run; 4.3 Long Run; 4.4 Gradual Trade Liberalization; 5 ... Concluding Remarks; A.x(118). Appendix; References. Part III Agricultural Trade, Uncertainty and the Emerging Issues6 Agricultural Trade with Production Uncertainty; 1 ... Introduction; 2 ... The Model; 2.1 Autarky; 2.2 Free Trade; 2.2.1 Incomplete Specialization; 2.2.2 Complete Specialization; 3 ... Private Insurance Market; 4 ... Role of Government; 4.1 Comparing the Equilibria; 5 ... Two Country Framework; 6 ... Conclusion; References; 7 Safeguards and Investigations; 1 ... Introduction; 2 ... Motivation for Safeguards; 3 ... Optimal Policy for a Small Importing Country; 4 ... Conclusions; References; Part IV Trade Diversity, Quality and the Developing Countries. 8 Infrastructure Development, Comparative Advantage and Missing Trade1 ... Introduction; 2 ... The Assumptions and the Analytical Framework; 2.1 Transport Cost and Pattern of Specialisation in DFS Framework; 2.2 Physical Infrastructure Development and Trade Pattern; 3 ... Income Tax Financed Road Development; 4 ... Tariff Revenue Financed Road Infrastructure Development; 5 ... Conclusion; A.x(118). Appendix; References; 9 Catching Up in Terms of Product Quality; 1 ... Introduction; 2 ... A Bertrand Differentiated Product Duopoly Model; 3 ... Solving the Model; 4 ... The Model Under Alternative Assumptions.

Abstract:

This book was written in honour of Professor Kalyan K. Sanyal, who was an excellent educator and renowned scholar in the field of international economics. One of his research papers co-authored with Ronald Jones, entitled ""The Theory of Trade in Middle Products"" and published in American Economic Review in 1982, was a seminal work in the field of international trade theory. This paper would go on to inspire many subsequent significant works by researchers across the globe on trade in intermediate goods. The larger impact of any paper, beyond the number of citations, lies in terms of the pas.

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