Ricardo and International Trade

1. Auflage 2017
ISBN: 978-1-138-12245-1
Verlag: Taylor & Francis Ltd (Sales)

Buch, Englisch, 286 Seiten, Format (B × H): 157 mm x 239 mm, Gewicht: 544 g

Reihe: Routledge Studies in the History of Economics

David Ricardo’s theories have been widely studied and discussed, including the prominent theory on comparative advantage. Ricardo and International Trade looks at the ongoing renaissance of the Ricardian international trade theory. The book’s interpretation brings fresh insights into and new developments on the Ricardian international trade theory by examining the true meaning of the ‘four magic numbers’. By putting together theories of comparative advantage and international money, the book attempts to elucidate Ricardo’s international trade theory in the real world.

This book also features contributions from the Japanese perspective and compares Ricardian theories with those of his contemporaries, such as Malthus, Torrens and J. S. Mill. This book will be a valuable reference for researchers and scholars with interests in history of economic thought and international economics.

Autoren/Hrsg.

Senga, Shigeyoshi

Fujimoto, Masatomi

Tabuchi, Taichi

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

Introduction Part 1: Ricardo's ‘Four Magic Numbers’ and Beyond 1. Comparative Advantage: Both true and nontrivial 2. Ricardo and International Trade Theory 3. David Ricardo’s Trade Theory: Anticipations and later developments 4. Yukizawa’s Interpretation of Ricardo’s ‘Theory of Comparative Costs' 5. A Complete Graphical Exposition of the Ricardian System: The closed economy, the small open economy, the world economy Part 2: Money and/or International Values 6. Money and Foreign Trade: Is Ricardo’s approach consistent? 7. Money and Ricardo’s ‘Magic Numbers’ 8. Foreign Trade, International Values, and Gains from Trade: Ricardo, Pennington, Whewell, and John Stuart Mill 9. Equilibrium of the International Economy: Logic of Ricardo’s specie-flow mechanism and its development 10. On Ricardo's Two Rectification Problems Part 3: Controversies over Ricardian International Trade Theory and Policy 11. Ricardo’s Theory of Foreign Trade: In comparison with Malthus’s doctrine 12. Robert Torrens and Ricardian Trade Theory 13. J. S. Mill’s Idea of International Trade: The inheritance from Ricardo’s free trade and Torrens’ reciprocity 14. Ricardo’s Theory of International Trade and Capital Accumulation 15. Ricardo and Committee on Agricultural Distress of 1821

Über Autor(innen)

Shigeyoshi Senga is Professor Emeritus at Yokohama City University, Yokohama, Japan.
Masatomi Fujimoto is Professor at the Faculty of Economics, Osaka Gakuin University, Osaka, Japan.
Taichi Tabuchi is Professor at the Faculty of Commerce, Doshisha University, Kyoto, Japan.