PATTERN OF TRADE AND ECONOMIC DEVELOPMENT IN A MODEL OF MONOPOLISTIC COMPETITION

Jeffrey Sachs, Xiaokai Yang and Dingsheng Zhang
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Jeffrey Sachs: Harvard University, USA

Chapter 10 in An Inframarginal Approach to Trade Theory, 2005, pp 185-221 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Model and Local Equilibria and Marginal Comparative Statics in Various Trade StructuresA consumer's decisionProduction of agricultural good (food) zProduction of final (or light) manufactured good yProduction of intermediate (or heavy manufactured) goodsPossible trade structuresLocal equilibrium in structure A (autarky)Local equilibrium in structures CLocal equilibrium in structures DLocal equilibrium in structures ELocal equilibrium in structures FGeneral Equilibrium and Inframarginal Comparative StaticsComparison with the Models with CRSThe H-O theoremThe S-S theoremFurther comparisonsThe development trapIndustrialization, income, and structureDevelopment strategiesConcluding RemarksReferences

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
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Related works:
Journal Article: Pattern of Trade and Economic Development in a Model of Monopolistic Competition (2002)
Working Paper: Pattern of Trade and Economic Development in the Model of Monopolistic Competition (1999)
Working Paper: Pattern of Trade and Economic Development in the Model of Monopolistic Competition (1999)
Working Paper: Pattern of Trade and Economic Development in the Model of Monopolistic Competition (1999)
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