1.

Record Nr.

UNINA9910780093603321

Autore

Buffie Edward F.

Titolo

Trade policy in developing countries / / Edward F. Buffie [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press, , 2001

ISBN

1-107-12065-9

0-511-04622-7

0-511-30256-8

1-280-15476-4

0-511-51068-3

0-511-11874-0

0-521-00426-8

0-511-15641-3

Descrizione fisica

1 online resource (vi, 400 pages) : digital, PDF file(s)

Disciplina

382/.3/091724

Soggetti

Free trade - Developing countries - Econometric models

Investments, Foreign - Developing countries - Econometric models

Developing countries Commercial policy Econometric models

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Nota di bibliografia

Includes bibliographical references (p. 374-394) and index.

Nota di contenuto

; 1. Introduction -- ; 2. Tools and Tricks of the Trade, Part I: Duality Theory -- ; 3. The Trade Policy Debate -- ; 4. Tools and Tricks of the Trade, Part II: Linear Differential Equations and Dynamic Optimization -- ; 5. Underemployment, Underinvestment, and Optimal Trade Policy -- ; 6. Liberalization and the Transition Problem, Part I: Transitory Unemployment -- ; 7. Tools and Tricks of the Trade, Part III: The Dynamics of Temporary Shocks -- ; 8. Liberalization and the Transition Problem, Part II: Credibility and the Balance of Payments -- ; 9. Direct Foreign Investment, Economic Development, and Welfare -- ; 10. Suggestions for Future Research.

Sommario/riassunto

Trade Policy in Developing Countries is aimed at academics, graduate students and professional, policy-oriented economists. It is the first work in the field to analyze trade policy in an integrated theoretical



framework based on optimizing dynamic models that pay careful attention to the structural features of developing country economies. Following a thorough critique of the debate on inward- vs. outward-oriented trade regimes, Buffie examines the main issues of concern to less developed countries in the areas of optimal commercial policy, trade liberalization and direct foreign investment. In addition to many new and important results, the book contains systematic reviews of the empirical evidence and three expositional chapters that show the reader how to use the technical machinery of economic theory to construct and manipulate multi-sector dynamic general equilibrium models.