Agricultural trade : principles and policies

書誌事項

Agricultural trade : principles and policies

Luther Tweeten

Westview Press , Intermediate Technology Publication, 1992

  • :
  • : pbk
  • : uk

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注記

Includes bibliographical references and index

内容説明・目次

巻冊次

: ISBN 9780813385785

内容説明

Provides a user-friendly analysis of trade principles, institutions and policies necessary to understand international agricultural trade. The book provides coverage of strategic trade theory and application, imperfect competition, market power and the political economy of agricultural trade.

目次

  • Conceptualizing comparative advantage and the gains from trade
  • measuring comparative advantage, protection and the gains from trade liberalization
  • border inventions - taxes, subsidies and quotas
  • agricultural commodity programmes and world trade
  • macroeconomic policy, exchange rates and trade
  • introduction to strategic trade theory
  • strategic trade theory, market power and the political economy of trade
  • institutions and trade policies
  • major players in world trade
  • American agricultural trade policy
  • agricultural trade models.
巻冊次

: pbk ISBN 9780813385792

内容説明

This timely volume answers a need for a comprehensive, user-friendly analysis of trade principles, institutions, and policies necessary to understand international agricultural trade. The book provides the most complete coverage available of strategic trade theory and application, imperfect competition, market power, and the political economy of agricultural trade. Designed as a core text for students with a background in micro- and macroeconomics, Agricultural Trade also provides government and industry professionals with a basic understanding of the issues and methods as well as the tools to carry out their own in-depth analyses. This timely volume answers a need for a comprehensive, user-friendly analysis of trade principles, institutions, and policies necessary to understand international agricultural trade. The book provides the most complete coverage available of strategic trade theory and application, imperfect competition, market power, and the political economy of agricultural trade. Designed as a core text for students with a background in micro- and macroeconomics, Agricultural Trade also provides government and industry professionals with a basic understanding of the issues and methods as well as the tools to carry out their own in-depth analyses. Agricultural Trade will also serve as a convenient reference for trade and economic development practitioners. The book describes how to measure trade distortions, the gains from trade, and competitive advantage. Further, it demonstrates why the big losers from trade distortions are the nations that practice them. Its reference features include an extensive listing of trade laws, institutions, and policies; a detailed listing of elements in a sound American trade policy; and a glossary that defines trade terms.

目次

  • Introduction
  • Conceptualizing Comparative Advantage and the Gains from Trade
  • Measuring Comparative Advantage, Protection, and the Gains from Trade Liberalization
  • Border Interventions: Taxes, Subsidies, and Quotas
  • Agricultural Commodity Programs and World Trade
  • Macroeconomic Policy, Exchange Rates, and Trade
  • Introduction to Strategic Trade Theory
  • Strategic Trade Theory, Market Power, and the Political Economy
  • of Trade
  • Institutions and Trade Policies
  • Major Players in World Trade
  • American Agricultural Trade Policy
  • Agricultural Trade Models.
巻冊次

: uk ISBN 9781853391583

内容説明

A complete coverage of strategic trade theory and application, imperfect competition, market power, and the political economy of agricultural trade. An easy-to-use analysis of trade principles, institutions, and policies.

目次

  • List of Tables and Figures ix
  • Preface xiii
  • Introduction 1
  • Other Indicators of the Importance of Agricultural Trade, 2
  • Some Historical Developments, 6
  • New Developments in World Trade, 10
  • Outline, 13
  • References, 14
  • Conceptualizing Comparative Advantage and the Gains from Trade 17
  • Absolute Advantage, 17
  • Comparative Advantage, 19
  • Modern Theory of Comparative Advantage and Gains from Trade, 24
  • Resource Endowment and Trade, 35
  • Arguments for Trade Barriers, 40
  • A Note on the Theory of the Second Best, 41
  • References, 42
  • Annex to Chapter 2: Proof of Heckscher-Ohlin Theorem, 44
  • Measuring Comparative Advantage, Protection, and the Gains
  • from Trade Liberalization 49
  • Policy Interventions, 49
  • Nominal Protection Coefficient, 49
  • Exchange Rate Distortion, 56
  • Effective Protection Coefficient, 58
  • Domestic Resource Costs: Measuring Comparative Advantage, 61
  • Producer and Consumer Subsidy Equivalents, 64
  • Classical Welfare Analysis, 67
  • A Note on Competitive Advantage, 72
  • Conclusions, 74
  • References, 74
  • 4 Border Interventions: Taxes, Subsidies, and Quotas 77
  • Interventions by Importers, 78
  • Interventions by Exporters, 87
  • Import and Export Tax Symmetry, 95
  • Conclusions, 96
  • References, 96
  • 5 Agricultural Commodity Programs and World Trade 99
  • Farm and Food Commodity Price Ceilings, 100
  • Productivity and Trade, 102
  • American Commodity Programs, 105
  • Mandatory Controls, 110
  • Self-Sufficiency Rice Policy in Japan, 112
  • European Community Policy, 115
  • Conclusions, 120
  • References, 121
  • 6 Macroeconomic Policy, Exchange Rates, and Trade 123
  • The Foreign Exchange Market, 125
  • Determinants of Demand and Supply of Foreign Exchange, 129
  • Foreign Exchange, Supply-Demand Equilibrium, and Price Response, 134
  • Balance of Payments, 141
  • Macroeconomic Linkages, 143
  • The Economic Degradation Process, 147
  • Conclusions, 152
  • References, 153
  • Annex to Chapter 6: Derivation of Marshall-Lerner Condition, 155
  • 7 Introduction to Strategic Trade Theory 157
  • Genesis, 157
  • The Theory of Games, 159
  • Theory of Duopoly, 163
  • Conjectural Variations, 175
  • Appropriateness of Strategic Trade Theory, 177
  • References, 178
  • 8 Strategic Trade Theory, Market Power, and the Political Economy of Trade 181
  • Relating Strategic Trade Analysis to Traditional Analysis, 181
  • Tariffs, Quotas, and Imperfect Competition, 182
  • Gains from Market Power, 185
  • Grain Export Industry Performance, 194
  • Reinterpreting Orthodoxy in the Context of Modern Trade Theory, 196
  • Forms of Trade, 198
  • Other Political-Economic Considerations, 200
  • Conclusions, 201
  • References, 202
  • 9 Institutions and Trade Policies 205
  • International Monetary Fund, 205
  • World Bank, 208
  • General Agreement on Tariffs and Trade (GATT), 210
  • International Commodity Agreements, 219
  • Bloc or Regional Integration Institutions, 224
  • Conclusions, 227
  • References, 228
  • Annex to Chapter 9: The General Agreement Articles as of 1989, 230
  • 10 Major Players in World Trade 233
  • Three Economic Superpowers, 233
  • Other Players, 238
  • Third-World Developments, 242
  • Justifications for Trade Barriers in Today's World, 245
  • Conclusions, 247
  • References, 248
  • 11 American Agricultural Trade Policy 251
  • US Trade Institutions for Formulating and Administering Trade Policy, 251
  • US Trade Restrictions, 254
  • Agricultural Export Assistance, Preferences, and Promotion, 256
  • Economic Development Assistance, 261
  • New Directions for Trade Policy, 264
  • Trade Negotiation Strategy, 270
  • Conclusions, 279
  • References, 280
  • 12 Agricultural Trade Models 283
  • Theoretical Research, 283
  • Empirical Models, 285
  • References, 290
  • Annex A to Chapter 12: A Multiregion, Multicommodity, Nonspatial, Partial Equilibrium, Empirical Model Using Constant Elasticity
  • Behavioral Equations, 292
  • Annex B to Chapter 12: Policy Analysis with a Simple
  • Wheat Trade Model, 297
  • Glossary 301
  • Index 311
  • About the Book and Author 319

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