World Scientific Studies in International Economics: International Trade Theory and Competitive Models


Authors : Ronald W Jones (University of Rochester, USA)

Publisher : World Scientific

ISBN : 978-981-3200-66-1

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World-renowned economist Ronald W. Jones gets to the essence of international trade theory in this collection of articles that span over half a century of his published work. As the global economy has grown, so too has the need for a deeper rooted understanding of trade — and its assorted benefits. With clear, simplifying prose, Jones elucidates the Ricardian, Heckscher–Ohlin, and Specific-Factors models of general equilibrium theory. Jones' pioneering work anticipates, among other changes in our time, the creation of far-flung supply chains brought about by the falling costs of service links. The theoretical, technical, and historical insights in the text are peppered with personal notes that capture modern intellectual development in the field, providing a bedrock foundation in international trade for students and practitioners alike.
Ronald W Jones has just finished a 58 year period as Professor at the University of Rochester. His field of research and focus of teaching, both to undergraduate and graduate classes, has been International Trade Theory. He has had a number of visiting appointments, e.g. at Kobe University, the University of Geneva, Monash University (and many others). He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences and the National Academy of Sciences. He was a co-author with Richard Caves (and, for the last 6 editions, Jeffrey Frankel), of the text-book, World Trade and Payments. He has also published around 180 articles and a couple of books. The focus has usually been on General Equilibrium features of international trade models. He has been the recipient of six honorary doctorates.
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