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Theory of International Trade

Author

Listed:
  • Dixit,Avinash
  • Norman,Victor

Abstract

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.

Suggested Citation

  • Dixit,Avinash & Norman,Victor, 1985. "Theory of International Trade," Cambridge Books, Cambridge University Press, number 9780521299695, November.
    • Handle: RePEc:cup:cbooks:9780521299695
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    Citations

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    Cited by:

    1. Joseph J. Capuno, 2010. "Spatial development and the law of one price : Evidence of convergence of land values," UP School of Economics Discussion Papers 201001, University of the Philippines School of Economics.
    2. Enghin Atalay & Sebastian Sotelo & Daniel Tannenbaum, 2024. "The Geography of Job Tasks," Journal of Labor Economics, University of Chicago Press, vol. 42(4), pages 979-1008.
    3. van de Klundert, T.C.M.J., 1988. "Wage differentials and employment in a two-sector model with a dual labour market," Research Memorandum FEW 314, Tilburg University, School of Economics and Management.
    4. Persson, Torsten & Svensson, Lars E. O., 1989. "Exchange rate variability and asset trade," Journal of Monetary Economics, Elsevier, vol. 23(3), pages 485-509, May.
    5. Eva Schliephake & Roland Kirstein, 2013. "Strategic Effects of Regulatory Capital Requirements in Imperfect Banking Competition," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(4), pages 675-700, June.
    6. J Peter Neary, 2001. "International Trade - Commercial Policy," Working Papers 200123, School of Economics, University College Dublin.
    7. van de Klundert, T.C.M.J., 1988. "Wage differentials and employment in a two-sector model with a dual labour market," Other publications TiSEM a420c1fc-a0e3-4a36-afca-6, Tilburg University, School of Economics and Management.
    8. Steven Brakman & Tijl Hendrich & Charles Marrewijk & Jennifer Olsen, 2022. "Is Holland a Lumpy Country? An application of the Lens-Condition to Dutch Cities," De Economist, Springer, vol. 170(3), pages 305-321, August.

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