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Virtual trade and comparative advantage [electronic resource] : the fourth dimension / Sugata Marjit, Biswajit Mandal, Noritsugu Nakanishi.

The main purpose of this book is to expose economics graduate students and researchers to the most significant development in international trade that has taken place in the recent past. Service transactions now make up a sizeable portion of global trade. Trade in both final and intermediate inputs...

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Bibliographic Details
Online Access: Full Text (via Springer)
Main Author: Marjit, Sugata, 1959-
Other Authors: Mandal, Biswajit, Nakanishi, Noritsugu, 1963-
Format: Electronic eBook
Language:English
Published: Singapore : Springer, 2020.
Series:Kobe University monograph series in social science research.
Subjects:
Commercial policy.
Table of Contents:
  • Intro
  • Preface
  • Contents
  • About the Authors
  • List of Figures
  • An Overview
  • 1 Introduction
  • Abstract
  • 2 Trade and Time Zones-What We Know
  • Abstract
  • 2.1 Introduction
  • 2.2 Theoretical Contribution
  • 2.2.1 Communication Network and Fragmentation of Production
  • 2.2.1.1 Role of Communication Network
  • 2.2.1.2 Fragmentation of Production
  • 2.2.2 Time Affecting Trade
  • 2.2.2.1 Time Zones and Trade
  • 2.2.2.2 Source of Trade and Comparative Advantage
  • 2.2.2.3 Location of the Firm
  • 2.2.2.4 Shift Working and Trade
  • 2.2.2.5 Periodic Intra-Industry Trade.
  • 2.2.2.6 Effect on Factor Markets and Production
  • 2.2.3 Time Zones and Growth
  • 2.3 Empirical Contribution
  • 2.3.1 Distance and Time Zones
  • 2.3.2 Synchronization and Continuity Effect
  • 2.3.3 Evolution of TZ Effect and Non-linearities
  • 2.3.4 Some Variables Affecting TZ Effect
  • 2.4 Conclusion
  • References
  • The Time and the Pattern of Trade
  • 3 Time Zone Differences and Comparative Advantage in Ricardian Model
  • Abstract
  • 3.1 Introduction
  • 3.2 Time-Difference and Comparative Advantage
  • 3.2.1 Technology Transfer
  • 3.2.2 Shipment Costs
  • 3.3 General Equilibrium.
  • 3.4 Conclusion
  • Appendix
  • Pattern of Trade in General Equilibrium
  • References
  • 4 Time Zone Differences and Trade in Heckscher-Ohlin Setup
  • Abstract
  • 4.1 Introduction
  • 4.2 The Basic Model
  • 4.2.1 Effect of Time Zone Utilization
  • 4.2.2 Effect on Factor Prices
  • 4.2.3 Effect on Output
  • 4.3 Extended Model with Distance
  • 4.4 Conclusion
  • Appendix 1
  • Appendix 2
  • Appendix 3
  • Appendix 4
  • Inclusion of Informal Sector
  • Effect on Factor Prices
  • Change in Output
  • References
  • 5 Time Zones and Trade in Monopolistic Competition
  • Abstract
  • 5.1 Introduction.
  • 5.2 Monopolistically Competitive Model and Trading Equilibrium
  • 5.3 Conclusion
  • References
  • 6 Distance, Production, and Virtual Trade
  • Abstract
  • 6.1 Introduction
  • 6.2 The Story and a Simple Model
  • 6.3 Distance and Trade
  • 6.4 Conclusion
  • Appendix
  • References
  • Trade, Growth and Inequality
  • 7 Time Zone Differences Induced Growth
  • Abstract
  • 7.1 Introduction
  • 7.2 The Model and Analysis
  • 7.3 The Impact of a Technological Advance in Communications Networks
  • 7.4 Conclusions
  • References
  • 8 Separated TZ Induced Optimal Growth Through Virtual Trade
  • Abstract.
  • 8.1 Introduction
  • 8.2 Motivating Environment for the Model
  • 8.3 Autarkic Equilibrium Without TZ Exploitation
  • 8.4 Trade with TZ Exploitation and Growth
  • 8.5 Growth with Labor Market Implications
  • 8.6 Conclusion
  • Appendix 1
  • Optimum Demand for {\varvec m}_{1} and {\varvec m}_{2}
  • Appendix 2
  • Appendix 3
  • References
  • 9 Virtual Labor Mobility and Its Distributional and Allocative Impacts
  • Abstract
  • 9.1 Introduction
  • 9.2 Motivating Environment and the Basic Model
  • 9.2.1 Utility Function and the Supply of Labor
  • 9.2.2 Technology.

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