An Inframarginal Approach to Trade Theory

Xiaokai Yang, Wenli Cheng, Heling Shi and Christis Tombazos ()
Additional contact information
Heling Shi: Monash University, Australia

in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.

Abstract: Inframarginal analysis represents a methodology that extends marginal analysis, using non-classical mathematical programming, in efforts to investigate corner solutions and indivisibilities. As such this approach has been used to reintroduce classical insights regarding the division of labor and economic organization to the mainstream of economic inquiry. One of the most prolific and useful relevant applications of inframarginal analysis concerns the area of international trade theory. The ensuing field of study has attracted considerable — and rapidly expanding — interest in recent years. Yet, little has been done by way of organizing the accumulated knowledge in a single volume. This book fills that gap by collecting key articles that mark distinct stages in the evolution of research in the area of inframarginal applications to trade theory. In this context the volume represents an excellent introduction of this novel and exciting field of study to the new researcher, and an invaluable source of reference to those seasoned in inframarginal applications to trade theory.

Keywords: Inframarginal Economics; Trade Theory; Heckscher-Ohlin; Stopler-Samuelson; Ricardian Model of Trade; Classical and Nonclassical Mathematical Programming; Corner Solutions (search for similar items in EconPapers)
Date: 2005
ISBN: 9789812389299
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.worldscientific.com/worldscibooks/10.1142/5596 (text/html)
Ebook Access is available upon purchase

Chapters in this book:

Ch 1 DIVISION OF LABOR AND CORNER SOLUTIONS IN POSITIVE TRADE THEORY , pp 3-15

Christis Tombazos

Ch 2 ECONOMICS AND BIOLOGY: SPECIALIZATION AND SPECIATION , pp 19-27

Hendrik S. Houthakker

Ch 3 SUBSTITUTION AND DIVISION OF LABOUR , pp 29-51

Sherwin Rosen

Ch 4 TRADE AND INSURANCE WITH MORAL HAZARD , pp 53-74

Avinash Dixit

Ch 5 TRADE AND INSURANCE WITH IMPERFECTLY OBSERVED OUTCOMES , pp 75-84

Avinash Dixit

Ch 6 AN INFRAMARGINAL ANALYSIS OF THE RICARDIAN MODEL , pp 87-107

Wenli Cheng, Jeffrey Sachs and Xiaokai Yang

Ch 7 A RICARDIAN MODEL WITH ENDOGENOUS COMPARATIVE ADVANTAGE AND ENDOGENOUS TRADE POLICY REGIMES , pp 109-130

Wenli Cheng, Meng-Chun Liu and Xiaokai Yang

Ch 8 A GENERAL-EQUILIBRIUM RE-APPRAISAL OF THE STOLPER-SAMUELSON THEOREM , pp 131-149

Wenli Cheng, Jeffrey Sachs and Xiaokai Yang

Ch 9 A RICARDO MODEL WITH ECONOMIES OF SCALE , pp 153-184

Ralph E. Gomory

Ch 10 PATTERN OF TRADE AND ECONOMIC DEVELOPMENT IN A MODEL OF MONOPOLISTIC COMPETITION , pp 185-221

Jeffrey Sachs, Xiaokai Yang and Dingsheng Zhang

Ch 11 MARKET LED INDUSTRIALIZATION AND GLOBALIZATION , pp 223-245

Jeffrey Sachs and Xiaokai Yang

Ch 12 SPECIALIZATION AND PRODUCT DIVERSITY , pp 249-259

Xiaokai Yang and He-Ling Shi

Ch 13 ENDOGENOUS VS. EXOGENOUS COMPARATIVE ADVANTAGE AND ECONOMIES OF SPECIALIZATION VS ECONOMIES OF SCALE , pp 261-290

Xiaokai Yang

Ch 14 A NEW THEORY OF DEMAND AND SUPPLY AND EMERGENCE OF INTERNATIONAL TRADE FROM DOMESTIC TRADE , pp 291-323

Xiaokai Yang

Ch 15 WALRASIAN EQUILIBRIUM COMPUTATION, NETWORK FORMATION, AND THE WEN THEOREM , pp 325-345

Shuntian Yao

Ch 16 GLOBALIZATION, DUAL ECONOMY, AND ECONOMIC DEVELOPMENT , pp 349-382

Jeffrey Sachs, Xiaokai Yang and Dingsheng Zhang

Ch 17 ENDOGENOUS STRUCTURE OF THE DIVISION OF LABOR, ENDOGENOUS TRADE POLICY REGIME, AND A DUAL STRUCTURE IN ECONOMIC DEVELOPMENT , pp 383-406

Xiaokai Yang and Dingsheng Zhang

Ch 18 A MICROECONOMIC MECHANISM FOR ECONOMIC GROWTH , pp 409-436

Xiaokai Yang and Jeff Borland

Ch 19 SPECIALIZATION AND A NEW APPROACH TO ECONOMIC ORGANIZATION AND GROWTH , pp 437-446

Jeff Borland and Xiaokai Yangb

Ch 20 SPECIALIZATION, INFORMATION, AND GROWTH: A SEQUENTIAL EQUILIBRIUM ANALYSIS , pp 447-474

Yew-Kwang Ng and Xiaokai Yang

Ch 21 EVOLUTION IN DIVISION OF LABOR AND MACROECONOMIC POLICIES , pp 475-489

Junxi Zhang

Ch 22 DIVISION OF LABOR, MONEY AND ECONOMIC PROGRESS , pp 491-513

Wenli Cheng

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wsbook:5596

Ordering information: This item can be ordered from

Access Statistics for this book

More books in World Scientific Books from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().