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|  | | | | Title | Countertrade and Fish: A Transaction Costs Approach
( Document )
| | Author(s) / Editor(s) | Kelly, S. | | Description | &This paper will explore a new theoretical framework for analyzing trade. It is a framework that explicitly considers transaction costs and is concerned not only with trade taking place, but with the type of trading arrangement that occurs. While the current fascination with countertrade is the motivating force behind this study, as one analyzes what is at work in countertrade, one realizes that countertrade is not really as counter-intuitive as it appears at first glance. Once transaction costs are given an explicit role in the trade model, countertrade, another type of arrangement or, more likely, a combination of arrangements, can emerge as efficient in an economic sense. The question of "Why countertrade?" is replaced with "Why not countertrade?" | | Keywords | &COUNTERTRADE | | Geography Keywords | GLOBAL | | Content Language(s) | English | |
| Publisher | University Centre of South Jutland and the authors | | Publication Location | Esbjerg, Denmark | | Publication Date | 1990 | | Hard Copy Availability | Contact: Danish Institute of Fisheries Economics Research Glentevej 7 Esbjerg 6705, Denmark | | Source | Proceedings of the Fourth Conference of the International Institute of Fisheries Economics and Trade | | Reference Info | | Volume/Issue Number | vol. 1 | | | Number of Pages | 231-268 |
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Editor(s) | | · | Chief Editor | |
Topic Info | | · | ID: 243147 | | · | Visits: 4485 | | · | Added: 14 March 2005 | | · | Updated: 11 April 2005 | | · | URL: http://www.onefish.org/id/243147 | |
KO Owner | | · | IIFET Assistant | |
KO Info | | · | ID: 252645 | | · | Visits:
5 | | · | Added:
16 May 2005 | | · | Updated:
23 May 2005 | | · | URL:
http://www.onefish.org/id/252645 | | |
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