BOOK REVIEW: A STUDY OF ECONOMIC GROWTH AND INTERNATIONAL TRADE,

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Abstract:

The book reviewed is described as an impressive example of successful model building for the purpose of examining rigorously some extremely complex issues of theory and policy. Since growth is introduced as a deus ex machina, the book is said to be a study in international trade theory, and not in the theory of economic growth. Sodersten constructs several algebraic general equilibrium, comparative static models of the two-bytwo-by-two variety to explore the effects of various types of economic growth on the terms of trade, the volume of exports and imports, real national income, and income distribution.

Author(s):
Neuberger, Egon
Author Organization(s):
RAND CORP SANTA MONICA CALIF
Supplementary Note:
Book review of a book written by Bo Sodersten, Acta Universitatis Stockholmiensis, Stockholm Economic Studies, New Series V, Stockholm: Almqvist and Wicksell, 1964, 190pp.
Annotation:
Book review: A study of economic growth and international trade.
Pagination:
0004

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
P-3054
 Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
ECONOMICS, COMMERCE, MATHEMATICAL MODELS, DISTRIBUTION(ECONOMICS), INDUSTRIAL PRODUCTION, LABOR, SALARIES
Keyword(s):
ECONOMICS, GROWTH(GENERAL), INTERNATIONAL TRADE
Report Date:
1964 Jan 01