{"title":"古诺论市场交流:需求补偿原则与国际贸易对社会收入的影响","authors":"Alain Béraud, Guy Numa","doi":"10.1215/00182702-10956570","DOIUrl":null,"url":null,"abstract":"Abstract Cournot's views on the effects of international trade on social income have received little attention. Drawing upon a comprehensive analysis of Cournot's writings, this article shows that Cournot distinguished between variations in nominal income and variations in real income. He introduced the principle of compensation of demands: if the price of a commodity changes, the value of the total demand for other commodities remains unchanged. He relied on this principle to demonstrate that a unilateral removal of trade restrictions can cause real income to fall. Under specific circumstances, protective tariffs may be warranted. Cournot thus endorsed the infant-industry argument without being a die-hard protectionist. The article discusses the arguments of his critics and concludes that many commentators have misrepresented his thinking.","PeriodicalId":47043,"journal":{"name":"History of Political Economy","volume":"40 1","pages":"0"},"PeriodicalIF":1.2000,"publicationDate":"2023-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Cournot on the Communication of Markets: The Principle of Compensation of Demands and the Effects of International Trade on Social Income\",\"authors\":\"Alain Béraud, Guy Numa\",\"doi\":\"10.1215/00182702-10956570\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract Cournot's views on the effects of international trade on social income have received little attention. Drawing upon a comprehensive analysis of Cournot's writings, this article shows that Cournot distinguished between variations in nominal income and variations in real income. He introduced the principle of compensation of demands: if the price of a commodity changes, the value of the total demand for other commodities remains unchanged. He relied on this principle to demonstrate that a unilateral removal of trade restrictions can cause real income to fall. Under specific circumstances, protective tariffs may be warranted. Cournot thus endorsed the infant-industry argument without being a die-hard protectionist. The article discusses the arguments of his critics and concludes that many commentators have misrepresented his thinking.\",\"PeriodicalId\":47043,\"journal\":{\"name\":\"History of Political Economy\",\"volume\":\"40 1\",\"pages\":\"0\"},\"PeriodicalIF\":1.2000,\"publicationDate\":\"2023-09-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"History of Political Economy\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1215/00182702-10956570\",\"RegionNum\":2,\"RegionCategory\":\"历史学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"History of Political Economy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1215/00182702-10956570","RegionNum":2,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
Cournot on the Communication of Markets: The Principle of Compensation of Demands and the Effects of International Trade on Social Income
Abstract Cournot's views on the effects of international trade on social income have received little attention. Drawing upon a comprehensive analysis of Cournot's writings, this article shows that Cournot distinguished between variations in nominal income and variations in real income. He introduced the principle of compensation of demands: if the price of a commodity changes, the value of the total demand for other commodities remains unchanged. He relied on this principle to demonstrate that a unilateral removal of trade restrictions can cause real income to fall. Under specific circumstances, protective tariffs may be warranted. Cournot thus endorsed the infant-industry argument without being a die-hard protectionist. The article discusses the arguments of his critics and concludes that many commentators have misrepresented his thinking.
期刊介绍:
Focusing on the history of economic thought and analysis, History of Political Economy has made significant contributions to the field and remains its foremost means of communication. In addition to book reviews, each issue contains original research on the development of economic thought, the historical background behind major figures in the history of economics, the interpretation of economic theories, and the methodologies available to historians of economic theory. All subscribers to History of Political Economy receive a hardbound annual supplement as part of their subscription.