Advanced International Trade

Advanced International Trade

Author: Robert C. Feenstra

Publisher: Princeton University Press

Published: 2015-11-10

Total Pages: 491

ISBN-13: 069116164X

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Trade is a cornerstone concept in economics worldwide. This updated second edition of the essential graduate textbook in international trade brings readers to the forefront of knowledge in the field and prepares students to undertake their own research. In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are supplemented in each chapter by theoretical and empirical exercises. Feenstra explores a wealth of material, such as the Ricardian and Heckscher-Ohlin models, extensions to many goods and factors, and the role of tariffs, quotas, and other trade policies. He examines imperfect competition, offshoring, political economy, multinationals, endogenous growth, the gravity equation, and the organization of the firm in international trade. Feenstra also includes a new chapter on monopolistic competition with heterogeneous firms, with many applications of that model. In addition to known results, the book looks at some particularly important unpublished results by various authors. Two appendices draw on index numbers and discrete choice models to describe methods applicable to research problems in international trade. Completely revised with the latest developments and brand-new materials, Advanced International Trade is a classic textbook that will be used widely by students and practitioners of economics for a long time to come. Updated second edition of the essential graduate textbook Current approaches and a new chapter on monopolistic competition with heterogeneous firms Supplementary materials in each chapter Theoretical and empirical exercises Two appendices describe methods for international trade research


Trade Theories and Empirical Evidence

Trade Theories and Empirical Evidence

Author: Nicholas Perdikis

Publisher: Manchester University Press

Published: 1998

Total Pages: 264

ISBN-13: 9780719054099

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Economists from Canada and Wales chronicle the theories of international trade that have arisen over the past few decades, document the empirical evidence that has been used to support or contest them, and explore the interplay between the two activities. They do not judge the empirical methods by today's ephemeral standards, but note that they were published in the most prestigious professional journals of their time. Their primary audience are practitioners, graduates, senior undergraduates in economics. Distributed in the US by St. Martin's Press. Annotation copyrighted by Book News, Inc., Portland, OR


International Trade

International Trade

Author: Luis Rivera-Batiz

Publisher: OUP Oxford

Published: 2003

Total Pages: 734

ISBN-13: 9780198297116

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This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.


Comparative Advantage in International Trade

Comparative Advantage in International Trade

Author: Mirela Keuschnigg

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 160

ISBN-13: 3642502121

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Traditional trade theory explains trade only by differences between countries, notably differences in their relative endowments of factors of production. It suggests an inverse relationship between the similarity of countries and the volume of trade between them. The Heckscher-Ohlin (HO) factor propor tions theory derives the determinants of comparative advantage in a world of "two-ness" (two goods, two factors, two countries). It predicts that each country will export that good which uses the country's abundant factor rel atively most intensively. The literature on trade offers an impressive number of studies based on the HO theory. The main methodological problems en countered in the literature are: first, the appropriate formulation of the HO theorem in a multi-factor, multi-good and multi-country framework; second, proper tests of the HO theory and proper links of the theory to empirical analysis. The relevance of the HO theory began to be questioned when important facts of modern international trade proved to be inconsistent with its theoretical framework. Leontief (1953) tested the factor proportions theory, using the US data for 1947, and found that the US had more labor-intensive exports than imports, which is opposed to both perceptions and estimations of factor endowments. The Leontief Pamdoxcreated doubt as to whether or not actual trade patterns and factor endowments are related as predicted by theory, and caused many controversial discussions with regard to the proper empirical implementation of the factor proportions theory.


Topics in Empirical International Economics

Topics in Empirical International Economics

Author: Magnus Blomstrom

Publisher: University of Chicago Press

Published: 2009-02-15

Total Pages: 283

ISBN-13: 0226060853

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In this timely volume emanating from the National Bureau of Economic Research's program in international economics, leading economists address recent developments in three important areas. The first section of the book focuses on international comparisons of output and prices, and includes papers that present new measures of product market integration, new methodology to infer relative factor price changes from quantitative data, and an ongoing capital stock measurement project. The next section features articles on international trade, including such significant issues as deterring child labor exploitation in developing countries, exchange rate regimes, and mapping U. S. comparative advantage across various factors. The book concludes with research on multinational corporations and includes a discussion of the long-debated issue of whether growth of production abroad substitutes for or is complementary to production growth at home. The papers in the volume are dedicated to Robert E. Lipsey, who for more than a half century at the NBER, contributed significantly to the broad field of empirical international economics.


International Trade: Theory, Evidence And Policy

International Trade: Theory, Evidence And Policy

Author: Richard Pomfret

Publisher: World Scientific Publishing Company

Published: 2016-02-04

Total Pages: 321

ISBN-13: 9814725099

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International Trade: Theory, Evidence and Policy provides an integrated non-mathematical account of trade theory and policy that can be read straight through. The footnotes provide caveats, extensions and entry points, or further reading.This book is divided into three parts. The first part focuses on the core theoretical analysis of international trade that has evolved over a quarter-millennium. The second part reviews recent empirical research in global value chains, trade costs, and heterogeneous firms, particularly from analysing large datasets of individual firms' characteristics and of trade flows disaggregated to very finely detailed levels. The third section of the book analyzes trade policies and discusses current policy debates.This edition is based on Pomfret's Lecture Notes on International Trade Theory and Policy, first published in 2008. The content has been extensively updated and revised to stand as a new volume.


International Trade

International Trade

Author: James R. Markusen

Publisher: McGraw-Hill/Irwin

Published: 1995

Total Pages: 504

ISBN-13:

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This text is suitable for international trade courses at the undergraduate level. Knowledge of microeconomics is an assumed prerequisite for students using this text.