Front Cover

Front Cover

Labour Unions and the Theory of International Trade

Labour Unions and the Theory of International Trade

Copyright Page

Copyright Page

Table of Contents

Table of Contents

Introduction to the Series

Introduction to the Series

Preface

Preface

CHAPTER 1. A PROSPECTUS

CHAPTER 1. A PROSPECTUS

FOOTNOTES

FOOTNOTES

CHAPTER 2. THE HECKSCHER-OHLIN MODEL

CHAPTER 2. THE HECKSCHER-OHLIN MODEL

1. PRINCIPAL ASSUMPTIONS

1. PRINCIPAL ASSUMPTIONS

2. A SMALL OPEN ECONOMY: THE TWO TYPES OF EQUILIBRIUM

2. A SMALL OPEN ECONOMY: THE TWO TYPES OF EQUILIBRIUM

3. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (I)

3. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (I)

4. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (II)

4. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (II)

5. UNION-RIDDEN WORLD EQUILIBRIUM

5. UNION-RIDDEN WORLD EQUILIBRIUM

6. WORLD EQUILIBRIUM: COMPARATIVE STATICS

6. WORLD EQUILIBRIUM: COMPARATIVE STATICS

7. INTERNATIONALLY-MOBILE CAPITAL

7. INTERNATIONALLY-MOBILE CAPITAL

FOOTNOTES

FOOTNOTES

CHAPTER 3. THE SPECIFIC-FACTORS MODEL

CHAPTER 3. THE SPECIFIC-FACTORS MODEL

1. ASSUMPTIONS

1. ASSUMPTIONS

2. EQUILIBRIUM OF A SMALL OPEN ECONOMY

2. EQUILIBRIUM OF A SMALL OPEN ECONOMY

3. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (I)

3. THE COMPARATIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (I)

4. THE COMPARARIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (II)

4. THE COMPARARIVE STATICS OF SMALL-COUNTRY EQUILIBRIA (II)

5. UNION-RIDDEN WORLD EQUILIBRIUM

5. UNION-RIDDEN WORLD EQUILIBRIUM

6. WORLD EQUILIBRIUM: COMPARATIVE STATICS

6. WORLD EQUILIBRIUM: COMPARATIVE STATICS

7. INTERNATIONALLY-MOBILE SPECIFIC FACTORS

7. INTERNATIONALLY-MOBILE SPECIFIC FACTORS

8. SHORT-RUN SPECIFICITY: AN ADJUSTMENT PROCESS

8. SHORT-RUN SPECIFICITY: AN ADJUSTMENT PROCESS

APPENDIX TO SECTION 8: CONSTRUCTION OF PHASE DIAGRAM

APPENDIX TO SECTION 8: CONSTRUCTION OF PHASE DIAGRAM

FOOTNOTES

FOOTNOTES

CHAPTER 4. A LABOUR UNION IN EVERY COUNTRY

CHAPTER 4. A LABOUR UNION IN EVERY COUNTRY

1. ASSUMPTIONS, DEFINITIONS, AND OTHER PRELIMINARIES

1. ASSUMPTIONS, DEFINITIONS, AND OTHER PRELIMINARIES

2. COURNOT-NASH EQUILIBRIUM: CAPITAL INTERNATIONALLY IMMOBILE

2. COURNOT-NASH EQUILIBRIUM: CAPITAL INTERNATIONALLY IMMOBILE

3. COMPARATIVE STATICS

3. COMPARATIVE STATICS

4. COURNOT-NASH EQUILIBRIUM: CAPITAL INTERNATIONALLY MOBILE

4. COURNOT-NASH EQUILIBRIUM: CAPITAL INTERNATIONALLY MOBILE

5. COURNOT-NASH EQUILIBRIUM: TIONALLY MOBILE LABOUR INTERNA

5. COURNOT-NASH EQUILIBRIUM: TIONALLY MOBILE LABOUR INTERNA

APPENDIX: BERTRAND-NASH EQUILIBRIA

APPENDIX: BERTRAND-NASH EQUILIBRIA

CHAPTER 5. UNION POWER IN THE LONG RUN1

CHAPTER 5. UNION POWER IN THE LONG RUN1

1. INTRODUCTION

1. INTRODUCTION

2. THE MODEL

2. THE MODEL

3. PROPERTIES OF THE MODEL

3. PROPERTIES OF THE MODEL

4. ACCOMMODATING AN ECONOMIC MIDDLE CLASS

4. ACCOMMODATING AN ECONOMIC MIDDLE CLASS

5. OPTIMAL SAVING BY CAPITALISTS

5. OPTIMAL SAVING BY CAPITALISTS

FOOTNOTES

FOOTNOTES

APPENDIX PROOF THAT CURVE BC IN FIGURE 4 IS MONOTONE

APPENDIX PROOF THAT CURVE BC IN FIGURE 4 IS MONOTONE

CHAPTER 6. A DIFFERENTIAL GAME BETWEEN THE LABOUR UNIONS OF DIFFERENT COUNTRIES

CHAPTER 6. A DIFFERENTIAL GAME BETWEEN THE LABOUR UNIONS OF DIFFERENT COUNTRIES

1. INTRODUCTION

1. INTRODUCTION

2. THE MODEL

2. THE MODEL

3. ANALYSIS

3. ANALYSIS

CHAPTER 7. A DIFFERENTIAL GAME BETWEEN ORGANIZED LABOUR AND ORGANIZED CAPITAL

CHAPTER 7. A DIFFERENTIAL GAME BETWEEN ORGANIZED LABOUR AND ORGANIZED CAPITAL

1. INTRODUCTION

1. INTRODUCTION

2. ANALYSIS

2. ANALYSIS

3. POSSIBLE NEXT STEPS

3. POSSIBLE NEXT STEPS

APPENDIX 1 DIRECT PROOF THAT IF A FEEDBACK-NASH EQUILIBRIUM EXISTS THEN THE PAIR OF STRATEGIES (x(z,t) = min{z,x*}, s(z,t) = 0) IS A FEEDBACK-NASH EQUILIBRIUM

APPENDIX 1 DIRECT PROOF THAT IF A FEEDBACK-NASH EQUILIBRIUM EXISTS THEN THE PAIR OF STRATEGIES (x(z,t) = min{z,x*}, s(z,t) = 0) IS A FEEDBACK-NASH EQUILIBRIUM

APPENDIX 2 THE IDENTITY OF THE FEEDBACK-NASH AND FEEDBACK-STACKELBERG SOLUTIONS WHEN THE LABOUR UNION LEADS

APPENDIX 2 THE IDENTITY OF THE FEEDBACK-NASH AND FEEDBACK-STACKELBERG SOLUTIONS WHEN THE LABOUR UNION LEADS

REFERENCES

REFERENCES

INDEX

INDEX