International Economics
Download 7.1 Mb. Pdf ko'rish
|
Dominick-Salvatore-International-Economics
Problem Using the tools of analysis developed in this chapter, comment in detail on the fol-
lowing statement: Capital investments tend to increase real wages while technical progress, depending on its type, may increase or reduce real wages. S E L E C T E D B I B L I O G R A P H Y For a problem-solving approach to the material covered in this chapter, see: ■ D. Salvatore, Theory and Problems of International Eco- nomics, 4th ed. (New York: McGraw-Hill, 1996), ch. 5. Important papers on the topics of growth, trade, and welfare are: ■ T. M. Rybczynski, “Factor Endowments and Relative Com- modity Prices,” Economica, November 1955, pp. 336–341. Reprinted in R. E. Caves and H. G. Johnson, Readings in International Economics (Homewood, Ill.: Irwin, 1968), pp. 72–89. ■ R. Findlay and H. Grubert, “Factor Intensities, Technological Progress, and International Trade,” Oxford Economic Papers, February 1959, pp. 111–121. Reprinted in J. N. Bhagwati, International Economics: Selected Readings (Baltimore, Md.: Penguin, 1969), pp. 327–340. ■ J. N. Bhagwati, “Immiserizing Growth,” Review of Eco- nomic Studies, June 1958, pp. 201–205. Reprinted in R. E. Caves and H. G. Johnson, Readings in International Eco- nomics (Homewood, Ill.: Irwin, 1968), pp. 300–305; and in R. C. Feenstra, The Theory of Commercial Policy (Cambridge, Mass.: MIT Press, 1983), pp. 110–115. Salvatore c07.tex V2 - 10/16/2012 10:01 A.M. Page 218 218 Economic Growth and International Trade ■ W. M. Corden, “The Effects of Trade on the Rate of Growth,” in J. N. Bhagwati et al., eds., Trade, Balance of Payments and Growth (Amsterdam: North-Holland, 1971), pp. 117–143. ■ H. G. Johnson, “Trade and Growth: A Geometrical Exposi- tion,” in J. N. Bhagwati et al., eds., Trade, Balance of Pay- ments and Growth (Amsterdam: North-Holland, 1971), pp. 144–167. ■ B. Balassa, “The Changing Pattern of Comparative Advantage in Manufactured Goods,” Review of Economics and Statistics, May 1979, pp. 259–266. ■ A. Smith, “Capital Theory and Trade Theory,” in R. W. Jones and P. B. Kenen, eds., Handbook of International Economics, Vol. 1 (Amsterdam: North-Holland, 1984), pp. 289–324. ■ M. C. Kemp and N. V. Long, “Natural Resources in Trade Models,” in R. W. Jones and P. B. Kenen, eds., Handbook of International Economics, Vol. 1 (Amsterdam: North-Holland, 1984), pp. 367–417. ■ G. M. Grossman and E. Helpman, “Comparative Advan- tage and Long-Run Growth,” American Economic Review , September 1990, pp. 796–815. ■ G. M. Grossman and E. Helpman, “Trade, Innovation, and Growth,” American Economic Review , May 1990, pp. 86–91. ■ G. M. Grossman and E. Helpman, “Technology and Trade,” in G. M. Grossman and K. Rogoff, eds., Handbook of Interna- tional Economics, Vol. 3 (Amsterdam: North-Holland, 1995), pp. 1279–1337. ■ C. Dougherty and D. W. Jorgenson, “International Compar- isons of the Sources of Economic Growth,” American Eco- nomic Review Proceedings, May 1996, pp. 25–29. ■ OECD, The World in 2020 (Paris: OECD, 1997). ■ R. J. Barro, Determinants of Economic Growth (Cambridge, Mass.: MIT Press, 1997). ■ V. Thomas and T. Belt, “Growth and the Environment: Allies or Foes,” Finance and Development , June 1997, pp. 22–24. ■ P. Aghion and P. Hewitt, Endogenous Growth Theory (Cam- bridge, Mass.: MIT Press, 1998), ch. 11 (on Growth in Open Economies). ■ J. A. Frankel and D. Romer, “Does Trade Cause Growth?” American Economic Review , June 1999, pp. 379–399. ■ R. Hausmann, L. Prichett, and D. Rodrik, “Growth Accelera- tions,” NBER Working Paper No. 10566 , June 2004. ■ H. Fehr, S. Jokiseh, and L. Kotlikoff, “Will China Eat Our Lunch or Take Us out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China,” NBER Working Paper No. 11668 , September 2005. ■ D. Salvatore, “Globalization, International Competitiveness, and Growth,” Journal of International Commerce, Economics and Policy, April 2010, pp. 21–32. ■ M. Bordo and P. Rousseau, “How Finance, Trade, and Growth Are Connected,” NBER Working Paper No. 17024 , May 2011. ■ OECD, Globalization, Comparative Advantage and the Changing Dynamics of Trade (Paris: OECD, 2011). The original Hicksian classification of technological progress is found in: ■ R. J. Hicks, The Theory of Wages (London: Macmillan, 1932), ch. 6. ■ S. Kumar and R. R. Russell, “Technological Change, Tech- nological Catch-up, and Capital Deepening: Relative Contri- butions to Growth and Convergence,” American Economic Review , June 2002, pp. 527–548. ■ W. Keller, “International Technology Diffusion,” Journal of Economic Literature, September 2004, pp. 752–782. I N T E R N e t Data on the growth of capital stock per worker of many countries is found on the University of Pennsylvania and National Bureau of Economic Research web sites at: http://www.bized.ac.uk/dataserv/penndata/penn.htm For information and data on growth of output and interna- tional trade and their effect on the terms of trade, see the Internet site addresses for the International Monetary Fund (IMF), World Trade Organization (WTO), Organization for Economic Cooperation and Development (OECD), World Bank, and United Nations, respectively, at: http://www.imf.org http://www.wto.org http://www.oecd.org http://worldbank.org http://www.un.org/depts/unsd/sd Salvatore p02.tex V2 - 10/12/2012 11:50 A.M. Page 219 International Trade Policy part Download 7.1 Mb. Do'stlaringiz bilan baham: |
Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling
ma'muriyatiga murojaat qiling