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Export Activity and Strategic Trade Policy (Paperback, Softcover reprint of the original 1st ed. 1992)
Loot Price: R2,936
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Export Activity and Strategic Trade Policy (Paperback, Softcover reprint of the original 1st ed. 1992)
Series: Studies in International Economics and Institutions
Expected to ship within 10 - 15 working days
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New theories of international trade suggest that pro- tectionism
can make sense. This finding depends on the in- troduction of
market power and increasing returns to scale into the international
trade theory. The enormous political implications of this
hypothesis have started a large interest in applied or empirical
investigations of this issue. However, econometric work in
international trade is comparatively scarce, especially if it comes
to testing with individual data. Therefore, this volume is
considered to be a contribution to fill that gap. The volume
consists of three parts: First, issues in strategic trade are
discussed by means of a survey on recent contributions of the
literatureand by a simulation excercise on optimal trade policy for
imperfectly competitive industries. Second, a part investigating
the determinants of trade flows studies the interrelationships
between trade balances and exchange rates, plant size and
international trade, and the revelance offirm size and market
concentration for the degree of export market integration using
business survey firm data. Third, there are studies on imperfect
markets, innovations and learning which demonstrate the
importanceof imperfect competition for international economics. All
contributions provide empirical evidence for the revelance of the
newly developed trade theories and demonstrate useful quantitative
techniques for their investigation.
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