The International Allocation of Economic Activity: Proceedings of a Nobel Symposium held at Stockholm

585 Pages·1977·62.2 MB·English

by  Bertil Ohlin, Per-Ove Hesselborn, Per Magnus Wijkman (eds.)

THE INTERNATIONAL ALLOCATION
OF ECONOMIC ACTIVITY
THE INTERNATIONAL
ALLOCATION OF
ECONOMIC ACTIVITY
Proceedings ofa No bel Symposium held at
Stockholm
Edited by
Bertil Ohlin
Per-Ove Hesselborn
Per Magnus Wijkman
OHliN International Allocation & Economic Activity
©The Nobel Foundation, 1977
Softcover reprint of the hardcover 1st edition 1977 978-0-333-21423-7
All rights reserved. No part of this publication may be
reproduced or transmitted, in any form or by any means,
without permission
First edition 1977
Reprinted 1979
Published by
THE MACMILLAN PRESS LTD
London and Basingstoke
Associated companies in Delhi
Dublin Hong Kong Johannesburg Lagos Melbourne
New York Singapore and Tokyo
British Ubrary Cataloguing in Publication Data
The international allocation of economic activity
1. Industries, Location of-Congresses 2. Commerce
- Congresses
I. Ohlin, Bertil II. Hesselborn, Per-Ove
Ill. Wijkman, Per Magnus
338.6'042 HD58
ISBN 978-1-349-03198-6 ISBN 978-1-349-03196-2 (eBook)
DOI 10.1007/978-1-349-03196-2
This book is sold subject
to the standard conditions
of the Net Book Agreement
Contents
List of participants ix
Organising Committees and Sponsors xi
Foreword by Bertil Ohlin xiii
Survey of Circumstances Affecting the Location of Production
and International Trade as Analysed in the Theoretical
literature Gottfried Haberler
2 Some Aspects of the Relations between International Move
ments of Commodities, Factors of Production, and Technology
Berti! Ohlin 25
Comments on Papers 1 and 2 by
Ronald E. Findlay 57
Harold Brookfield 70
William H. Branson 80
Summary of the Discussion following Papers 1 and 2 92
3 Regional Growth Theory, Location Theory, Non-renewable
Natural Resources and the Mobile Factors of Production
Michael Chisholm 103
Comment by
Harry W. Richardson 115
Summary of the Discussion 124
4 The Location of Economic Activity since the Early Nineteenth
Century: A City-systems Perspective Allan Pred 127
Comment by
Gunnar Tornqvist 148
vi The International Allocation ofE conomic Activity
5 Location Theory, Agglomeration and the Pattern of World
Trade Walter lsard 159
Comments by
Torsten Hiigerstrand 178
Ake E. Andersson 183
Summary of the Discussion following Papers 4 and 5 189
6 Conceptual and Causal Relationships in the Theory of
Economic Integration in the Twentieth Century Fritz Mach/up 196
Comment by
Assar Lindbeck 216
Summary of the Discussion 227
7 Effects of Commercial Policy on International Trade,
the Location of Production, and Factor Movements
Bela Balassa 230
Comments by
Tibor Scitovsky 259
Melvyn B. Krauss 263
Reply to Comments Bela Balassa 270
Summary of the Discussion 275
8 On Location of Production, Factor Movements, etc., as
Affected by the Social and Fiscal Policies of Individual
Countries and Economic Communities Kjeld Philip 279
Comments by
Gary C Hu[bauer 296
Dieter Biehl 304
Summary of the Discussion 311
9 Technology, Technical Progress and the International
Allocation of Economic Activity Harry G. Johnson 314
Comments by
Sune Carlson 325
Ronald W. Jones 328
Summary of the Discussion 335
Contents vii
10 Changes in Labour Quality and their Implications for the
Analysis of Questions in International Trade Jagdish N.
Bhagwati 340
Comment by
Ragnar Bentzel 358
Summary of the Discussion 363
11 The Place of Institutional Changes in International Trade
Theory in the Setting of the Undeveloped Economies
maMyint 367
Comment by
Charles P. Kindleberger 387
Summary of the Discussion 391
12 Trade, Location of Economic Activity and the MNE: A Search
for an Eclectic Approach John H. Dunning 395
Comment by
Nils Lundgren 419
Summary of the Discussion 426
13 International Circumstances Affecting the Development and
Trade of Developing Countries Akin L. Mabogunje 432
Comment by
Michael Michaely 448
14 Transitional Growth and World Industrialisation 457
Hollis B. Chenery
Comments by
Robert M Solow 491
Jagdish N. Bhagwati 496
Summary of the Discussion following Papers 13 and 14 499
15 A Multiregional Input-Output Model of the World
Economy Wassily Leontief 507
Comment by
Lawrence R. Klein 531
viii The International Allocation ofE conomic Activity
16 Concluding Remarks W. Max Corden and Ronald E. Findlay 538
Summary of the Discussion 551
Previous Nobel Symposia 557
Index 559
List of Participants
Ake E. Andersson, Department of Economics, University of Gothenburg,
Sweden
Bela Balassa, Department of Political Economy, Johns Hopkins University,
and The World Bank, U.S.A.
Ragnar Bentzel, Department of Economics, University of Uppsala, Sweden
Jagdish N. Bhagwati, Department of Economics, Massachusetts Institute of
Technology, U.S.A.
Dieter Biehl, Technische Universitat, Berlin, West Germany
William H. Branson, Woodrow Wilson School, Princeton University, U.S.A.
Harold Brookfield, Department of Geography, University of Melbourne,
Australia
Sune Carlson, Department of Business Administration, University of
Uppsala, Sweden
Hollis B. Chenery, The World Bank, U.S.A.
Michael Chisholm, Department of Geography, University of Cambridge,
England
W. Max Corden, Department of Economics, the Australian National Univer
sity, Australia
Erik Dahmen, Stockholm School of Economics, Sweden
John H. Dunning, Department of Economics, University of Reading,
England
Ronald E. Findlay, Department of Economics, Columbia University, U.S.A.
Gottfried Haberler, American Enterprises Institute, U.S.A.
Gary C. Hufbauer, Office of International Tax Affairs; Department of the
Treasury, U.S.A.
Torsten Hagerstrand, Department of Social and Economic Geography,
University of Lund, Sweden
Walter Isard, Department of Regional Science, University of Pennsylvania,
U.S.A.
Harry G. Johnson, Department of Economics, University of Chicago,
U.S.A., and the Graduate Institute of International Studies, Switzerland
Ronald W. Jones, Department of Economics, University of Rochester,
U.S.A.
X The International Allocation of Economic Activity
Charles P. Kindleberger, Department of Economics, Massachusetts Institute
ofTechnology, U.S.A.
Lawrence R. Klein, Department of Economics, University of Pennsylvania,
U.S.A.
Melvyn B. Krauss, Department of Economics, New York University, U.S.A.
Wassily Leontief, Department of Economics, New York University, U.S.A.
Assar Lindbeck, Institute for International Economic Studies, University
of Stockholm, Sweden
Staffan Burenstam Linder, Stockholm School of Economics, Sweden
Erik Lundberg, Stockholm School of Economics, Sweden
Nils Lundgren, Institute for International Economic Studies, University of
Stockholm, Sweden
Akin L. Mabogunje, Department of Geography, University of Ibadan,
Nigeria
Fritz Machlup, Department of Economics, New York University, U.S.A.
Michael Michaely, Department of Economics, The Hebrew University of
Jerusalem, Israel
Hla Myint, London School of Economics and Political Science, England
Bertil Ohlin, Stockholm School of Economics, Sweden
Goran Ohlin, Department of Economics, University of Uppsala, Sweden
Kjeld Philip, Department of Economics, University of Copenhagen,
Denmark
Allan R. Pred, Department of Geography and Institute of Urban and
Regional Development, University of California at Berkeley, U.S.A.
Harry W. Richardson, School of Urban and Regional Planning, University
of Southern California, U.S.A.
Tibor Scitovsky, Department of Economics, Stanford University, U.S.A.
Robert M. Solow, Department of Economics, Massachusetts Institute of
Technology, U.S.A.
Bo Sodersten, Department of Economics, University of Gothenburg,
Sweden
Gunnar Tornqvist, Department of Social and Economic Geography, Univer
sity of Lund, Sweden