This book presents theoretical studies on several topics related to production structure and international trade. The topics selected are variable returns to scale, public intermediate goods and natural resources. The analysis of the stability of trade equilibrium includes some new ideas. All topics are mathematically analyzed, so that the book possesses some mathematical aspects as well: the static optimization theory and the stability theory of differential equations are considered in relation to the analyses of international trade. In particular, the analysis on the shapes of production surfaces are re-examined and developed in a unified approach by the efficient use of the optimization theory. The stability analysis of differential equations addresses a new concept on dynamic processes and discusses the stability of properties of the processes of this sort.
Contents: Introduction.- The Stability Properties of Trade Equilibrium.- Pattern of Specialization, Gains from Trade and Variable Returns to Scale.- The Heckscher-Ohlin-Samuelson Analysis of International Trade under Homothetic Production Externalities.- Public Inputs and the Theory of International Trade.- Natural Resources and the Dynamic Aspect of International Trade.- Conclusion.- Appendix I: The Stability of Dynamic Processes Allowing for Instantaneous Adjustment.- Appendix II: Nonlinear Programming and the Production Transformation Surfaces.
Series: Lecture Notes in Economic and Mathematical Systems
Number Of Pages: 132
Publisher: SPRINGER VERLAG GMBH
Country of Publication: DE
Dimensions (cm): 24.41 x 16.99
Weight (kg): 0.24