Advanced International Trade Theory and Evidence

ISBN-10: 0691114102
ISBN-13: 9780691114101
Edition: 2004
List price: $115.00 Buy it from $22.94
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Description: Advanced International Tradeis the first major graduate textbook in international trade in a generation. Trade is a cornerstone concept in economics, taught in all departments both in the United States and abroad. The past twenty years have seen a  More...

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Book details

List price: $115.00
Copyright year: 2004
Publisher: Princeton University Press
Publication date: 12/22/2003
Binding: Hardcover
Pages: 496
Size: 6.25" wide x 9.25" long x 1.25" tall
Weight: 2.024
Language: English

Advanced International Tradeis the first major graduate textbook in international trade in a generation. Trade is a cornerstone concept in economics, taught in all departments both in the United States and abroad. The past twenty years have seen a number of new theoretical approaches that are essential to any graduate international trade course, and will be of interest in development economics and other fields. Here, Robert Feenstra steps beyond theory to consider empirical evidence as well. He covers all the basic material including the Ricardian and Hecksher-Ohlin models, extension to many goods and factors, and the role of tariffs, quotas, and other trade policies; recent material including imperfect competition, outsourcing, political economy, multinationals, and endogenous growth; and new material including the gravity equation and the organization of the firm in international trade. Throughout the book, special emphasis is placed on integrating the theoretical models with empirical evidence, and this is supplemented by theoretical and empirical exercises that appear with each chapter.Advanced International Tradeis intended to bring readers to the forefront of knowledge in international trade and prepare them to undertake their own research. Both graduate students and faculty will find a wealth of topics that have previously only been covered in journal articles, and are dealt with here in a common and simple notation. In addition to known results, the book includes some particularly important unpublished results by various authors. Two appendices describe empirical methods applicable to research problems in international trade, methods that draw on (i) index numbers and (ii) discrete choice models. Thoroughly up-to-date and marked by clear, straightforward prose, this book will be used widely--and enthusiastically. Professors: A supplementary Solutions Manual is available for this book. It is restricted to teachers using the text in courses. For information on how to obtain a copy, refer to: http://pup.princeton.edu/class.html

Robert C. Feenstra is professor in the Department of Economics at the University of California, Davis, where he also holds the C. Bryan Cameron Distinguished Chair in International Economics. He is director of the International Trade and Investment Program of the NBER.

Acknowledgments ix
Preface xi
Preliminaries: Two-Sector Models
The Heckscher-Ohlin Model
Many Goods and Factors
Trade in Intermediate Inputs and Wages
Increasing Returns and the Gravity Equation
Gains from Trade and Regional Agreements
Import Tariffs and Dumping
Import Quotas and Export Subsidies
Political Economy of Trade Policy
Trade and Endogenous Growth
Multinationals and Organization of the Firm
Price, Productivity, and Terms of Trade
Indexes
Discrete
Choice Models
References
Index

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