Illegal Transactions in International Trade
Theory and Measurement
- 1st Edition - January 1, 1974
- Imprint: North Holland
- Editor: Jagdish N. Bhagwati
- Language: English
- Paperback ISBN:9 7 8 - 1 - 4 8 3 2 - 4 9 3 0 - 8
- eBook ISBN:9 7 8 - 1 - 4 8 3 2 - 7 4 8 0 - 5
Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of… Read more
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Request a sales quoteStudies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis. The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing. The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling. The selection is a valuable source of data for researchers interested in international trade.
Introduction to the Series
Acknowledgements
Introduction
Part I - The Pure Theory of International Trade
Chapter 1 A Theoretical Analysis of Smuggling
Chapter 2 An Alternative Proof of the Bhagwati-Hansen Results on Smuggling and Welfare
Chapter 3 Smuggling and Trade Policy
Chapter 4 Notes on the Economic Theory of Smuggling
Part II - Balance of Payments and Developmental Effects
Chapter 5 Overinvoicing, Underutilization, and Distorted Industrial Growth
Chapter 6 Fiscal Policies, the Faking of Foreign Trade Declarations, and the Balance of Payments
Part III - Partner-Country Data Comparisons and Faked Invoicing
Chapter 7 On the Accuracy of Economic Observations: Foreign Trade Statistics
Chapter 8 The Accuracy of International Trade Data: The Case of Southeast Asian Countries
Chapter 9 On the Underinvoicing of Imports
Chapter 10 Capital Flight from LDCs: A Statistical Analysis
Part IV - Detecting Smuggling
Chapter 11 Indonesia’s Unrecorded Trade
Chapter 12 Problems of Assessing Unrecorded Trade
Chapter 13 Tariffs and Smuggling in Indonesia
Part V - Miscellany
Chapter 14 Unit Values of U.S. Machinery Exports
Index
- Edition: 1
- Published: January 1, 1974
- Imprint: North Holland
- No. of pages: 220
- Language: English
- Paperback ISBN: 9781483249308
- eBook ISBN: 9781483274805
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