Springer Texts in Business and Economics

Growth and International Trade

An Introduction to the Overlapping Generations Approach

Authors: Farmer, Karl, Schelnast, Matthias

  • Easy-to-follow guide for students wishing to proceed to journal literature
  • Unified model framework throughout the book
  • Treatment of highly topical subjects in growth and international economics (e.g. euro crisis, growth with bubbles, religion and economic growth)
  • Provides a lot of empirical data on growth and international trade
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eBook $69.99
price for USA (gross)
  • ISBN 978-3-642-33669-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-642-33668-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

This textbook guides the reader towards various aspects of growth and international trade in a Diamond-type overlapping generations framework. Using the same model type throughout the book, timely topics such as growth with bubbles, debt reduction in rich countries and policies to mitigate climate change are explored . The first part starts from the “old” growth theory and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an intertemporal equilibrium theory of inter and intra-sectoral trade and concludes by analyzing the debt mechanics inducing the huge imbalances among eurozone countries. The book is primarily addressed to graduate students wishing to proceed to the analytically more demanding journal literature.

About the authors

Univ.-Prof. Dr. Karl Farmer is Vice Dean for students at the Faculty of Business, Economics and Sociology and Head of the department of economics at the University of Graz. His current research addresses the international effects of public debt reduction, climate policy and the euro crisis by means of the Overlapping Generations approach. He is author of many books and articles in established journals as Economic Theory, Economic Modeling, Journal of Economics, Resource and Environmental Economics, International Review of Economics and International Economic Journal among others. 

Mag. Matthias Schelnast is lecturer for macro, micro, and international economics at the department of economics at the University of Graz. He is writing his doctoral thesis on public debt and optimal debt reduction.

Table of contents (18 chapters)

  • Growth and International Trade: Introduction and Stylized Facts

    Farmer, Karl (et al.)

    Pages 1-26

  • Modeling the Growth of the World Economy: The Basic Overlapping Generations Model

    Farmer, Karl (et al.)

    Pages 29-53

  • Steady State, Factor Income, and Technological Progress

    Farmer, Karl (et al.)

    Pages 55-80

  • Economic Growth and Public Debt in the World Economy

    Farmer, Karl (et al.)

    Pages 81-109

  • “New“ Growth Theory and Knowledge Externalities in Capital Accumulation

    Farmer, Karl (et al.)

    Pages 111-135

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-642-33669-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-642-33668-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Growth and International Trade
Book Subtitle
An Introduction to the Overlapping Generations Approach
Authors
Series Title
Springer Texts in Business and Economics
Copyright
2013
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-33669-0
DOI
10.1007/978-3-642-33669-0
Hardcover ISBN
978-3-642-33668-3
Series ISSN
2192-4333
Edition Number
1
Number of Pages
XV, 443
Number of Illustrations and Tables
90 b/w illustrations
Topics