enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. New trade theory - Wikipedia

    en.wikipedia.org/wiki/New_Trade_Theory

    New trade theory and "new" new trade theory (NNTT) need their own trade theory. New trade theories are often based on assumptions such as monopolistic competition and increasing returns to scale. One of the typical explanations, given by Paul Krugman, depends on the assumption that all firms are symmetrical, meaning that they all have the same ...

  3. Heckscher–Ohlin model - Wikipedia

    en.wikipedia.org/wiki/Heckscher–Ohlin_model

    New Trade Theory analyses individual enterprises and plants in an international competitive situation. The classical trade theory—i.e., the Heckscher–Ohlin model—has no enterprises in mind. The new trade theory treats enterprises in an industry as identical entities. "New" New Trade Theory (NNTT) gives focus on the diversity of enterprises.

  4. International trade theory - Wikipedia

    en.wikipedia.org/wiki/International_trade_theory

    International trade theory is a sub-field of economics which analyzes the patterns of international trade, its origins, and its welfare implications. International trade policy has been highly controversial since the 18th century.

  5. Strategic trade theory - Wikipedia

    en.wikipedia.org/wiki/Strategic_trade_theory

    Strategic trade theory suggests that in some industries global economic interaction gives rise to zero-sum competition over the excess returns available in oligopolistic industries. [ 6 ] In the absence of intervention by any government, the firm that is the first to enter a particular industry will win and by doing so will deter entry by ...

  6. Leontief paradox - Wikipedia

    en.wikipedia.org/wiki/Leontief_paradox

    A 1999 survey of the econometric literature by Elhanan Helpman concluded that the paradox persists, but some studies in non-US trade were instead consistent with the H–O theory. In 2005 Kwok & Yu used an updated methodology to argue for a lower or zero paradox in U.S. trade statistics, though the paradox is still derived in other developed ...

  7. Product life-cycle theory - Wikipedia

    en.wikipedia.org/wiki/Product_life-cycle_theory

    The Product Life Cycle Theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher–Ohlin model to explain the observed pattern of international trade. The theory suggests that early in a product's life-cycle all the parts and labor associated with that product come from the area where it was ...

  8. Internationalization - Wikipedia

    en.wikipedia.org/wiki/Internationalization

    New Trade Theory (NTT) is the economic critique of international free trade from the perspective of increasing returns to scale and the network effect. Some economists have asked whether it might be effective for a nation to shelter infant industries until they had grown to a sufficient size large enough to compete internationally.

  9. New Keynesian economics - Wikipedia

    en.wikipedia.org/wiki/New_Keynesian_economics

    New Keynesianism was a response to Robert Lucas and the new classical school. [76] That school criticized the inconsistencies of Keynesianism in the light of the concept of "rational expectations". The new classicals combined a unique market-clearing equilibrium (at full employment) with rational expectations. The New Keynesians used ...