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A Theory of International Trade - Capital, Knowledge, and Economic Structures (Paperback, 2000 ed.)
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A Theory of International Trade - Capital, Knowledge, and Economic Structures (Paperback, 2000 ed.)
Series: Lecture Notes in Economics and Mathematical Systems, 482
Expected to ship within 10 - 15 working days
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Over more than two centuries the development ofeconomic theory has
created a wide array of different concepts, theories, and insights.
My recent book Capital and Knowledge (Zhang, 1999a) shows how
separate economic theories such as the Marxian economics, the
Keynesian economics, the general equilibrium theory, and the
neoclassical growth theory can be examined within a single
theoretical framework. The Capital and Knowledge constructs an
economic theory to account for the phenomena explained by the main
economic theories (of national economies) in a unified manner. It
tries to draw together the disparate branches of economics into a
single organized system ofknowledge. This book is a part of my
economic theory with endogenous population, capital, knowledge,
preferences, sexual division of labor and consumption,
institutions, economic structures and exchange values over time and
space (Zhang, 1996a). As an extension of the Capital and Knowledge,
which is focused on the dynamics of national economies, this book
is to construct a theory of international trade. We are concerned
with dynamic relations between international division of labor,
division of consumption and determination of prices structure in
global economy. We examine dynamic interdependence between capital
accumulation, knowledge creation and utilization, economic growth,
price structures and international trade patterns under free
competition. Our theory is constructed on the basis of a few
concepts within a compact framework.
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