Essays in Honour of Hiroshi Ohta
by M. Kemp (Editor), H. Nakagawa (Editor), Tatsuya Uchida (Editor)
This volume addresses profound issues in international economics, with contributions from leading researchers on the implications of trade. Empirical studies address preferential trading arrangements, global imbalances and exchange rates, facilitating an understanding of how the economy functions and enabling detailed policy evaluation.
Table of contents (15 chapters)
Introduction
Normative Trade Theory
The Moral Scientific Nature of Stolper–Samuelson’s Proposal to ‘Bribe’ for Free Trade
Innovations and International Trade
Comparative Cost and Factor Endowments: Ricardo and Ohlin
Social Welfare and Pareto Improvement
The Welfare Effect of International Cost Harmonization
Capacity Constraint, Export Subsidies and World Recession
Subcontracting or Exporting with Flexible Manufacturing
Inward FDI and the Size of the Market: Hosting MNCs or Promoting Domestic Companies?
Unionization and the Environment: A General Equilibrium Approach
How Regional Blocs Affect Excluded Countries: The Price Effects of MERCOSUR
Global Imbalances and Exchange Rates: Welfare and Policy Implications
Regulation, Quality Adjustment, and Relative Price Changes: The Case of the Yen Appreciation Shock of 1985
Continued Openness and Reforms for Agriculture in Japan
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