LEADER 05075nam 22006255 450 001 9910409700703321 005 20200703152746.0 010 $a981-15-3906-5 024 7 $a10.1007/978-981-15-3906-0 035 $a(CKB)4100000010953330 035 $a(MiAaPQ)EBC6173618 035 $a(DE-He213)978-981-15-3906-0 035 $a(EXLCZ)994100000010953330 100 $a20200409d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aVirtual Trade and Comparative Advantage $eThe Fourth Dimension /$fby Sugata Marjit, Biswajit Mandal, Noritsugu Nakanishi 205 $a1st ed. 2020. 210 1$aSingapore :$cSpringer Singapore :$cImprint: Springer,$d2020. 215 $a1 online resource (213 pages) 225 1 $aKobe University Monograph Series in Social Science Research,$x2524-504X 311 $a981-15-3905-7 327 $aPart I -- Chapter 1: Introduction -- Chapter 2: Trade and Time Zones ? What We Know -- Part II : The Time and The Pattern of Trade -- Chapter 3: Time Zone Differences and Comparative Advantage in Ricardian Model -- Chapter 4: Time Zone Differences and Trade in Heckscher-Ohlin Setup -- Chapter 5: Time Zone Differences and Monopolistically Competitive Model -- Chapter 6: Distance, Production, and Virtual Trade -- Part III: Trade, Growth and Inequality -- Chapter 7: Time Zone Differences induced Growth -- Chapter 8: Separated Time Zone Induced Growth through Virtual Trade -- Chapter 9: Virtual Labor Mobility and its Distributional and Allocative Impacts -- Chapter 10: Time Zone Differences, Service Trade and Implications for Factor Prices -- Part IV: Firm Heterogeneity, FDI and Financial Capital -- Chapter 11: FDI and Skill Formation in Context of Time Zone Differences Induced Trade -- Chapter 12: Time Zone Differences, Information Communication Technology, and Mobility of Financial Capital -- Chapter 13: Role of FDI and Time Zone Differences in The Presence of Heterogeneous Firms -- Part V: Conclusion -- Chapter 14: Conclusion and Future Agenda. 330 $aThe main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs is done virtually through information and communication networks, raising afresh the question of the basis of trade and calling for in-depth investigation. This book succinctly comes up with a relatively new explanation for the basis of trade, thus it adds a new dimension to three existing building blocks: technology, endowment, and returns to scale. Against a backdrop of standard Ricardian and Heckscher?Ohlin competitive models of trade, the chapters of this book nicely introduce the issue of communication cost and the difference in time zones between two trading nations. Then follow many intricate phenomena such as informality, skill formation, growth, wage inequality, and decisions regarding foreign direct investment (FDI). However, imperfectly competitive models are not dealt with in great detail as they deserve more space than can be allotted to them here. Given the nonexistence of any research-oriented in-depth analyses of competitive trade models with time-zone differences, this book is a valuable addition to the resources available to researchers and policymakers interested in deciphering recent developments in global trade patterns and the subsequent welfare effect. 410 0$aKobe University Monograph Series in Social Science Research,$x2524-504X 606 $aInternational economics 606 $aDevelopment economics 606 $aEconomic policy 606 $aEconomic growth 606 $aInternational Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W33000 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aR & D/Technology Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W43000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 615 0$aInternational economics. 615 0$aDevelopment economics. 615 0$aEconomic policy. 615 0$aEconomic growth. 615 14$aInternational Economics. 615 24$aDevelopment Economics. 615 24$aR & D/Technology Policy. 615 24$aEconomic Growth. 676 $a382 700 $aMarjit$b Sugata$4aut$4http://id.loc.gov/vocabulary/relators/aut$0966388 702 $aMandal$b Biswajit$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aNakanishi$b Noritsugu$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910409700703321 996 $aVirtual Trade and Comparative Advantage$92193209 997 $aUNINA