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Palgrave Macmillan

The Theory of International Trade

An Alternative Approach

  • Book
  • © 1999

Overview

Authors:
  1. Branko Horvat

    1. The Institute for Advanced Studies, Zagreb, Croatia

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Table of contents (19 chapters)

  1. Front Matter

    Pages i-xvi
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  2. Introduction

    1. Introduction

      • Branko Horvat
      Pages 1-4

  3. The Mainstream International Trade Theory

    1. Front Matter

      Pages 5-5
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    2. The Evolution of International Trade Theory

      • Branko Horvat
      Pages 7-9

    3. The Heckscher—Ohlin Theory

      • Branko Horvat
      Pages 10-23

    4. Critique

      • Branko Horvat
      Pages 24-36

  4. The Systemic Theory of Value

    1. Front Matter

      Pages 37-37
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    2. Diachronic vs Synchronic Labour Input: The Two-Century Old Misunderstanding

      • Branko Horvat
      Pages 39-41

    3. The Employment Effect

      • Branko Horvat
      Pages 42-44

    4. The Replacement Effect

      • Branko Horvat
      Pages 45-49

    5. The Interplay of Employment and Replacement Effects

      • Branko Horvat
      Pages 50-53

    6. The Traverse

      • Branko Horvat
      Pages 54-55

  5. The Basic Three-Industry Model

    1. Front Matter

      Pages 56-56
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    2. Steady State

      • Branko Horvat
      Pages 59-66

    3. The Wage—Rental Curve

      • Branko Horvat
      Pages 67-71

  6. An Alternative Theory

    1. Front Matter

      Pages 72-72
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    2. Three Models

      • Branko Horvat
      Pages 75-81

    3. Intra-Industry Trade

      • Branko Horvat
      Pages 82-84

    4. Four Hypotheses

      • Branko Horvat
      Pages 85-92

  7. The Gains from Trade

    1. Front Matter

      Pages 93-93
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Keywords

About this book

In a previous book The Theory of Value, Capital and Interest , the systemic theory of value was developed for a closed economy. Now the economy is opened and the same theory is applied to international trade. Both books are intended to provide an alternative theoretical paradigm.

Authors and Affiliations

  • The Institute for Advanced Studies, Zagreb, Croatia

    Branko Horvat

About the author

BRANKO HORVAT is a Director of the Institute for Advanced Studies, Zagreb. He was born in Petrinja, Croatia. As a boy he participated in partisan guerrilla against fascist invaders. He was educated in economics, philosophy and sociology at Zagreb University, London School of Economics and Manchester University where he took his doctorate. He has since held positions at Massachusetts Institute of Technology, Harvard University, Manchester University and the Ford Foundation. He has been Chief Methodologist at the Federal Planning Bureau and a Member of the Federal Economic Council. He was Founder and Director of the Institute of Economic Sciences and Founding editor of Economic Analysis. He was also Founding President of the International Association for the Economics of Participation. He has been Adviser to several governments, and guest Professor to a dozen universities, including Cambridge, Paris, Michigan University, Yale and Berkeley. His work has been translated into fifteen languages.

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