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Harry Gordon Johnson, OC (26 May 1923 – 9 May 1977) was a Canadian economist who studied topics such as international trade and international finance.. Nobel laureate James Tobin said about him: "For the economics profession throughout the world, the third quarter of this century was an Age of Johnson. ...
In economics, the Prebisch–Singer hypothesis (also called the Prebisch–Singer thesis) argues that the price of primary commodities declines relative to the price of manufactured goods over the long term, which causes the terms of trade of primary-product-based economies to deteriorate.
Ronald Winthrop Jones (July 5, 1931 – September 27, 2022) [1] was an influential international trade economist and retired Xerox Professor of Economics at the University of Rochester. His highly acclaimed book Globalization and the Theory of Input Trade [ 2 ] summarizes much of his past work and also discusses the recent market trend toward ...
Shift of the world's economic center of gravity since 1980 and projected until 2050 [1]. The gravity model of international trade in international economics is a model that, in its traditional form, predicts bilateral trade flows based on the economic sizes and distance between two units. [2]
Factor price equalization – The relative prices for two identical factors of production will eventually be equalized across countries because of international trade. Stolper–Samuelson theorem – A rise in the relative price of a good will lead to a rise in the return to that factor which is used most intensively in the production of the ...
The National Library of Economics (ZBW – Leibniz Information Centre for Economics) is the world's largest research infrastructure for economic literature, online as well as offline. The ZBW is a member of the Leibniz Association and has been a foundation under public law since 2007.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
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