Protection, Growth and Trade, Essays in International Economics, Basil Blackwell, 1985

This book reproduces many of Max Corden’s best known and most cited articles, including articles on Effective Protection and on Dutch Disease.  Each of 20 chapters can be separately clicked, and in some cases there are Further Notes written more recently. This book went out of print in 1993 and is uploaded with permission of the publisher.

Each chapter is available for download by clicking the links below.

Contents

Preface
Introduction

PART I NORMATIVE THEORY OF PROTECTION
1. The Calculation of the Cost of Protection
2. Tariffs, Subsidies and the Terms of the Trade
3. Monopoly, Tariffs and Subsidies
4. Economies of Scale and Customs Union Theory
5. A Tariff that Worsens the Terms of Trade (with Fred H. Gruen)
6. Urban Unemployment, Intersectoral Capital Mobility and Development Policy
(with Ronald F. Findlay)

PART II EFFECTIVE PROTECTION
7. The Structure of a Tariff System and the Effective Protective Rate
8. Effective Protective Rates in the General Equilibrium Model: A Geometric Note
9. The Substitution Problem in the Theory of Effective Protection
10. Effective Protection Revisited

PART III MULTINATIONALS AND TRADE THEORY
11. International Trade Theory and the Multinational Enterprise
12. The Enclave Approach

PART IV GROWTH AND TRADE
13. Economic Expansion and International Trade: A Geometric Approach
Further Notes: The Effects of Growth on Trade
14. The Effects of Trade on the Rate of Growth
Further Notes: The Effects of Trade on the Rate of Growth
15. Booming Sector and De-Industrialization in a Small Open Economy (with J. Peter Neary)
16. Booming Sector and Dutch Disease Economics: Survey and Consolidation

PART V PROTECTION, THE EXCHANGE RATE AND MACROECONOMIC POLICY
17. Exchange Rate Protection
18. Relationships between Macroeconomic and Industrial Policies
19. Protection and the Real Exchange Rate
20. Real Wage Rigidity, Devaluation and Import Restrictions