Koji Shimomura – International Trade & Economic Dynamics

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Exploring the Essential Features of “Koji Shimomura – International Trade & Economic Dynamics”

International Trade and Economic Dynamics
Essays in Memory of Koji Shimomura

Editors: Takashi Kamihigashi, Laixun Zhao

Table of contents (34 chapters)

Front Matter
Pages i-xv

Static Theory of International Trade Under Perfect Competition

• Introduction
  Takashi Kamihigashi, Laixun Zhao
  Pages 1-3
• Koji Shimomura: Emerging Trade Theorist
  Murray C. Kemp
  Pages 5-6
• Rybczynski’s Diagram and the Stolper/Samuelson Theorem
  Ronald W. Jones
  Pages 9-12
• On Trade Gains and International Disparities in Factor Proportions
  Murray C. Kemp, Tran-Nam Binh
  Pages 13-18
• A Modified Heckscher-Ohlin Theorem Under Quasilinear Utility Functions
  Junko Doi, Kenji Fujiwara, Toru Kikuchi, Koji Shimomura
  Pages 19-36
• External Economies of Scale and Comparative Advantage
  Wilfred J. Ethier, J. Ruffin Roy
  Pages 37-47
• Is Free Trade Optimal for a Small Open Economy with Tourism?
  Chi-Chur Chao, Bharat R. Hazari, Jean-Pierre Laffargue, S. H. Yu Eden
  Pages 49-62
• Factor Mobility and Wage Inequality
  Masao Oda, Robert Stapp
  Pages 63-72
• A Pareto Improvement in Customs Unions Without Intra-Union Transfer
  Qi Ling, Shimomura Koji
  Pages 73-86
• Environment and the Harris and Todaro Paradoxes
  Makoto Tawada, Azusa Nakamura
  Pages 87-99
• Trade Policy and Illegal Immigration
  Woodland Alan, Chisata Yoshida
  Pages 101-119

Static Theory of International Trade Under Imperfect Competition

• Trade in Counterfeit Organic Products
  Kwan E. Choi
  Pages 123-138
• Foreign Economic Aid and Trade Liberalization Under Imperfect Competition
  Hiroshi Kurata, Masayuki Okawa
  Pages 139-149
• Quota as a Competitive Device
  Sugata Marjit, Tarun Kabiraj, Arijit Mukherjee
  Pages 151-159
• Successive Expansion and Stability of Network Integration in International Trade
  Noritsugu Nakanishi
  Pages 161-185
• Endogenous Leadership with and without Policy Intervention: International Trade When Producer and Seller Differ
  Zhifang Peng, Sajal Lahiri
  Pages 187-201
• Trading Under Strategic Self-Constraint: Conceptual Issues and Factual Evidence
  Henry Wan Jr.
  Pages 203-213

Dynamic Theory of International Trade

• Dynamic Labor Standards Under International Oligopoly
  Yunfang Hu, Laixun Zhao
  Pages 217-237
• Quotas Under Dynamic Bertrand Competition
  Miyagiwa Kaz, Ohno Yuka
  Pages 239-255

Dynamic Theory of International Trade

• Imported Inputs: Dynamic Effects on Economic Growth
  Stefan F. Schubert, Stephen J. Turnovsky
  Pages 257-279
• Multiplicity and Stability of Equilibrium in Trade Models with Durable Goods
  Eric Bond, Robert Driskill
  Pages 281-297
• Import Tariffs and Growth in a Model with Habits
  Been-Lon Chen, Shun-Fa Lee, Shimomura Koji
  Pages 299-322
• Preference Structure and Volatility in a Financially Integrated World
  Kazuo Mino
  Pages 323-341

Macroeconomic Dynamics

• Efficient Fiscal Policy Restrictions in a Monetary Union
  Azariadis Costas, Raphael W. K. Lam
  Pages 345-360
• The Effects of Factor Taxation in Dynamic Economies with Externalities and Endogenous Labor Supply
  Daisuke Amano, Jun-ichi Itaya, Kazuo Mino
  Pages 361-382
• Status Seeking and Bubbles
  Kamihigashi Takashi
  Pages 383-392
• On the Role of the Rate of Time Preference in Macroeconomics: A Survey
  Koichi Hamada, Yosuke Takeda
  Pages 393-420
• Characterization of Equilibrium Paths in a Two-Sector Economy with CES Production Functions and Sector-Specific Externality
  Miki Matsuo, Kazuo Nishimura, Tomoya Sakagami, Alain Venditti
  Pages 421-431
• Tobin’s “Keynesian Models of Recessions and Depression” Revisited
  Partha Sen
  Pages 433-447
• Inflation Dynamics and the Cross-Sectional Distribution of Prices in the E.U. Periphery
  Constantina Kottaridi, Mendez-Carbajo Diego, D. Thomakos Dimitrios
  Pages 449-475
• Macro Dynamics and Labor-Saving Innovation: US vs. Japan
  Ryuzo Sato, Tamaki Morita
  Pages 477-495

Compensation, Entrepreneurship, and Price Leadership

• Entrepreneurship, Organization Capital, and the Evolution of the Firm
  Atsushi Oshima, B. Ravikumar, Raymond Riezman
  Pages 499-511
• On Yano’s Price Leadership Game
  Makoto Yano, Takashi Komatsubara
  Pages 513-523
• Vilfredo Pareto’s Principle of Compensation
  Murray C. Kemp
  Pages 525-532

About this book
Renowned trade theorist Koji Shimomura passed away in February 2007 at the age of 54. He published nearly 100 articles in international academic journals. The loss of this extremely productive economist has been an enormous shock to the economic profession. This volume has emerged from the great desire on the part of the profession to honor his contributions to economic research.

Contributors include authoritative figures in trade theory such as Murray Kemp, Ronald Jones, Henry Wan, and Wilfred Ethier, world-renowned macroeconomists such as Stephen Turnovski and Costas Azariadis, and leading Japanese economists such as Kazuo Nishimura, Makoto Yano, Ryuzo Sato, and Koichi Hamada. This broad range of contributors reflects Koji Shimomura’s many connections as well as the respect he earned in the economic profession. This volume offers the reader a rare opportunity to learn the views of so many renowned economists from different schools of thought.

Editors and Affiliations
RIEB, Kobe University, Nada, Japan
Takashi Kamihigashi, Laixun Zhao

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