Search results for " international trade"
showing 10 items of 19 documents
CITES and Cycads, a user's guide
2013
Succulent Plants, A guide to CITES-listed species
2017
This guide covers the main succulent species, other than cacti, regulated by the Convention on International Trade in Endangered Species (CITES). It provides information on the implementation of the Convention for these species with details on their distribution, uses, traded parts and derivatives, and scientific names. It is written for the non-expert and additional sections cover identification, guidance on CITES documentation and key resources.
Structural change in a Ricardian world economy: The role of extensive rent
2019
Abstract We study an implication of the Ricardian theory of differential extensive rent in a free trade regime. To this effect we develop a Ricardian two country two commodity open economy model. We assume that, unlike labour, land is heterogeneous both within and across countries and that the ratio of high to low quality land is different among the trading countries. By means of a numerical example we show that as the process of worldwide capital accumulation (and population growth) proceeds an industrial country may find it convenient to increase its domestic corn production and even reverse completely the pattern of its imports and exports.
Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws
2015
This article proposes a rational reconstruction of the arguments of Malthus and Ricardo in their 1815 essays, Grounds of an Opinion and An Essay on Profits, whereby a policy of free corn trade was repudiated and endorsed, respectively. Malthus envisaged defense and (trade-induced) opulence as two mutually alternative options and, if required to make a choice, he had no hesitation in choosing the former. By contrast, Ricardo excluded any such trade-off, arguing that even in the case of war or poor domestic harvest, foreign agricultural countries would be seriously damaged if they opted for restrictions on their corn exports to Great Britain.
Quality pricing-to-market
2014
We examine firm's pricing-to-market decisions in vertically differentiated industries featuring a large number of firms that compete monopolistically in the quality space. Firms sell goods of heterogeneous quality to consumers with non-homothetic preferences that differ in their income and thus their marginal willingness to pay for quality increments. We derive closed-form solutions for the pricing game under costly international trade, thus establishing existence and uniqueness. We then examine how the interaction of good quality and market demand for quality affects firms' pricing-to-market decisions. The relative price of high quality goods compared to that of low quality goods is an inc…
Institutional Quality and International Competitiveness
2008
The Atlantic bluefin tuna: structure and competitiveness of Italian fishing in the international trade
2012
In this paper after showing the productive and international trade background of the Atlantic bluefin tuna, we analyze the competitive position of Italy, important producer and exporter on world scale, compared with the main trade partners, carried out through competitiveness indexes based on trade data. The results highlight Italy's good competitive performance above all with Japan, which represents the main world reference market for the Italian product, but also with the United States, Malta and Turkey The Italian competitive advantage with these countries is stronger for the product taken into account. On the other hand, we can notice a competitive disadvantage with the traditional mark…
From stationary state to endogenous growth: International trade in the mathematical formulation of the Ricardian system
2015
In his 1814–15 correspondence with Malthus and in his Essay on Profits, Ricardo championed the free importation of wage goods as a highly effective growth-enhancing policy. In order to capture this aspect in the mathematical formulation of the Ricardian system first introduced by Pasinetti in 1960 in the context of a closed economy, we produce a variant of that model where the economy is a small open one. We show that this economy is characterised by endogenous growth since the growth rate is bounded from below and we locate two thresholds concerning the allocation of labour among the two sectors of the economy and the pattern of international trade.
From endogenous growth to stationary state: The world economy in the mathematical formulation of the Ricardian system
2016
AbstractWe analyse international trade in a Pasinetti–Ricardo growth model in the world economy scenario in which several small trading countries coexist and international commodity prices are determined by the interplay of supply and demand amongst them. We demonstrate that all the trading countries eventually reach the stationary state, though this process is not monotonic and the dynamics of capital and population may actually push some countries towards the stationary state and others away from it. We also use our model to assess an argument which Malthus employed in the second edition of An Essay on the Principle of Population (1803) to support a policy of agricultural protectionism.
Is Food Self-Sufficiency Conducive to Long-Term Growth? An Assessment of Malthus (1803) on the International Corn Trade.
2017
In this article, we have reconstructed Malthus’s views on growth and international corn trade in the second edition of his An Essay on the Principle of Population (1803) and shown their theoretical consistency with Malthus’s food self-sufficiency policy proposal advanced in Grounds of an Opinion on the Policy of Restricting the Importation of Foreign Corn ([1815] 1986b), the protectionist pamphlet that elicited Ricardo’s vehement reaction in “Essay on Profits.” Malthus’s (1803) main thesis was that the contemporary British unbalanced growth pattern was not viable. In order to avoid premature stagnation, he thought that Great Britain should both follow a pattern of balanced growth and pursue…