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Chapter 11 The Contribution of Murray Kemp to the Discipline of International Trade and Welfare Economics

In: Globalization and Emerging Issues in Trade Theory and Policy

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  • Binh Tran-Nam

Abstract

Purpose − The principal aim of this chapter is to present a comprehensive and critical review of Murray Kemp's contributions to the discipline of international trade and welfare economics. Methodology/Approach − This chapter employs the critical literature review approach, including archival analysis and face-to-face interviews. Findings − It is shown that Kemp has been a key player in the modernization of trade theory. In particular, he has extended the theorems of gains from trade in many different directions and under the most general conditions. Practical implications − In surveying Kemp's research contributions this chapter provides a useful overview of the development of the normative theory of trade. It also examines a number of methodological issues that may prove to be useful to economic theorists.

Suggested Citation

  • Binh Tran-Nam, 2008. "Chapter 11 The Contribution of Murray Kemp to the Discipline of International Trade and Welfare Economics," Frontiers of Economics and Globalization, in: Globalization and Emerging Issues in Trade Theory and Policy, pages 165-191, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:fegzzz:s1574-8715(08)05011-2
    DOI: 10.1016/S1574-8715(08)05011-2
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