The Theory of Commercial Policy (Essays in International Economic Theory) - Softcover

Bhagwati, Jagdish

Softcover

ISBN 10: 0262521202 ISBN 13: 9780262521208

Publisher: Mit Pr, 1986

Synopsis

These two volumes contain seventy essays chosen largely for the originality of their contributions.

The first volume contains several classic papers. Among them are the many contributions to the theory of distortions in the 1960s which laid the foundations of the postwar theory of commercial policy. Also included are Bhagwati's important papers of the 1970s and 1980s which have shaped a new revolution in the theory of trade and welfare: the political-economy-theoretic analysis of DUP (directly-unproductive profit-seeking) activities. Influential essays on the nonequivalence of tariffs and quotas, immiserizing growth, cost-benefit analysis in open economies, and other major areas of trade theory are covered.

The second volume presents essays that have opened up new areas of analysis in the theory of international trade and in the associated fields of public finance and developmental economics. Bhagwati's seminal work on the novel question of the appropriate income tax jurisdiction in the presence of international factor mobility, his well-known analyses of the consequences of skilled migration, the problem of the optimal choice between international capital and labor mobility, are all included.

About this title

About the Author:

Jagdish N. Bhagwati is University Professor of Economics, Law, and International Relations at Columbia University and former Adviser to the Director General of GATT, Arthur Dunkel. He is the author (with Arvind Panagariya) of Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries.

Review:

-- Richard N. Cooper, Boas Professor of International Economics, Harvard University

" Creative and rigorous analysis applied to vital policy problems -- that's the mark of a master economist like Jagdish Bhagwati. His "Essays in International Economic Theory" deserves a place on all our bookshelves." -- Paul Samuelson

" Professor Bhagwati has made pathbreaking contributions to international trade theory for over 25 years. These two volumes bring together in one place his numerous theoretical contributions to the theory of trade, production, investment, and labor mobility." -- Richard N. Cooper, Boas Professor of International Economics, Harvard University

& quot; Creative and rigorous analysis applied to vital policy problems -- that's the mark of a master economist like Jagdish Bhagwati. His Essays in International Economic Theory deserves a place on all our bookshelves.& quot; -- Paul Samuelson

& quot; Professor Bhagwati has made pathbreaking contributions to international trade theory for over 25 years. These two volumes bring together in one place his numerous theoretical contributions to the theory of trade, production, investment, and labor mobility.& quot; -- Richard N. Cooper, Boas Professor of International Economics, Harvard University

"Creative and rigorous analysis applied to vital policy problems--that's the mark of a master economist like Jagdish Bhagwati. His "Essays in International Economic Theory" deserves a place on all our bookshelves."--Paul Samuelson

"Professor Bhagwati has made pathbreaking contributions to international trade theory for over 25 years. These two volumes bring together in one place his numerous theoretical contributions to the theory of trade, production, investment, and labor mobility."--Richard N. Cooper, Boas Professor of International Economics, Harvard University

About this edition

• Publisher: Mit Pr
• Publication date: 1986
• ISBN 10: 0262521202
• ISBN 13: 9780262521208
• Binding: Paperback
• Number of pages: 646
• Editor: Feenstra Robert C.