How Long to Read Broadening Trade Theory

How Long Does it Take to Read Broadening Trade Theory?

It takes the average reader 6 hours and 30 minutes to read Broadening Trade Theory by James R. Markusen

Assuming a reading speed of 250 words per minute. Learn more

Description

This volume is a collection of the author's past and recent research. It concentrates on some topics that continue to be neglected in mainstream trade theory, but which have grown in empirical relevance as the decades have passed and allow us to broaden our world view. These include adding multinational firms and a major role for the demand side of general equilibrium to our conventional portfolio of models.Part I in the volume focuses on multinational firms and the incorporation of endogenous location and ownership choices into general-equilibrium trade models. A particular emphasis, repeatedly confirmed in empirical studies, is on horizontal firms that replicate activities across borders. Two chapters on the vertical integration versus outsourcing decision reveal the non-excludable property of knowledge-based assets.Part II focuses on the demand side of general equilibrium, arguing and showing empirically that non-homothetic preferences, which give an important role to per capita income, help explain many of the empirical puzzles that trade economists keep trying to explain only from the production side of general equilibrium.Part III is eclectic, but the chapters in this section share the common thread of showing how distortions and allowing trade in factors of production both modify traditional policy ideas and also create additional sources of gains from trade.

How long is Broadening Trade Theory?

Broadening Trade Theory by James R. Markusen is 384 pages long, and a total of 97,536 words.

This makes it 130% the length of the average book. It also has 119% more words than the average book.

How Long Does it Take to Read Broadening Trade Theory Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 52 minutes to read Broadening Trade Theory aloud.

What Reading Level is Broadening Trade Theory?

Broadening Trade Theory is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Broadening Trade Theory?

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