Economists - Publications - Faculty & Research

July 1989 (Revised August 1990)
Background Note

New Theories of International Trade

By: David B. Yoffie and Heather A. Hazard

Explores the "new" theories of international trade--also called strategic trade policy--which were developed in the 1980s. Examines why economists and policy makers thought new approaches were necessary to explain international trade, the contributions of industrial... View Details

Keywords: Corporate Strategy; Theory; Policy; Trade

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February 2016
Article

Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions

By: Benjamin B. Lockwood and Matthew Weinzierl

Calculating the welfare implications of changes to economic policy or shocks to the economy requires economists to decide on a normative criterion. One way to make that decision is to elicit the relevant moral criteria from real-world policy choices, converting a... View Details

Keywords: Judgments; Taxation

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24 Jul 2012
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Offshore Jobs Play Role In Campaigns And Economy

08 Jun 2011
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2020
Working Paper

Design Rules, Volume 2: How Technology Shapes Organizations: Chapter 2 Transactions in a Task Network

By: Carliss Y. Baldwin

From the 1930s through today, many economists have conceived of large technical systems for the production of goods and services as a series of transactions. This point of view has led eminent economists to assert that transactions are the fundamental unit of analysis... View Details

Keywords: Modularity; Information Technology; Organizations

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