• Acknowledgments ix Preface xi Chapter 1 Preliminaries: Two-Sector Models 1 Chapter 2 The Heckscher-Ohlin Model 31 Chapter 3 Many Goods and Factors 64 Chapter 4 Trade in Intermediate Inputs and Wages 99 Chapter 5 Increasing Returns and the Gravity Equation 137 Chapter 6 Gains from Trade and Regional Agreements 174 Chapter 7 Import Tariffs and Dumping 209 Chapter 8 Import Quotas and Export Subsidies 254 Chapter 9 Political Economy of Trade Policy 300 Chapter 10 Trade and Endogenous Growth 338 Chapter 11 Multinationals and Organization of the Firm 371 Appendix A. Price, Productivity, and Terms of Trade Indexes 410 Appendix B. Discrete Choice Models 429 References 443 Index 475.
• (source: Nielsen Book Data)9780691114101 20160528

"Advanced International Trade" is 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 Trade" is 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 In addition to known results, the book includes some particularly important unpublished results by various authors.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 index numbers and discrete choice models. Thoroughly up-to-date and marked by clear, straightforward prose, this book will be used widely - and enthusiastically.
(source: Nielsen Book Data)9780691114101 20160528

World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favoured nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labour and environmental standards, competition policy and agricultural export subsidies.
(source: Nielsen Book Data)9780262025294 20160528

• Origins and development of the factor proportions approach-- capital, trade, and the rate of interest-- trade, protection and endogenous growth-- human capital, wage differentials and trade patterns-- trade, migration and the moving frontier-- economic geography, factor proportions and comparative advantage.
• (source: Nielsen Book Data)9780262061759 20160528

The standard version of the Heckscher-Ohlin model of international trade treats the factors of production - land, labour and capital - as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously. Findlay extends the factor proportions theory of international trade to consider capital accumulation, income distribution and factor mobility in a growing world economy. Among the questions he addresses are such fundamental issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of comparative advantage and the reciprocal effect of international trade on these variables through its impact on wage differentials between skilled and unskilled workers; the incorporation of new territories into a trading system by extensions of the frontier and labour migration as in the establishment of the Atlantic economy of the 19th century; and the impact of reductions in transport costs of industrial raw materials on global patterns of manufacturing activity and comparative advantage.
(source: Nielsen Book Data)9780262061759 20160528

• Part 1 Introduction: trade policy and market power-- strategic effects-- production efficiency-- the political economy of the new theory-- organization. Part 2 Trade policy under perfect competition: tariff analysis-- import quotas-- export subsidies and taxes-- optimal trade taxes-- a note on general equilibrium-- domestic distortions and trade policy-- algebra for small policy changes. Part 3 Protection and domestic market power: the case of an import-competing Monopolist-- noncooperative domestic oligopoly-- collusive domestic oligopoly. Part 4 Foreign market power: optimal policies against a foreign monopolist-- trade taxes-- quotas-- optimal trade taxes-- kinked demand-- Cournot oligopoly-- Bertrand oligopoly-- ad valorem trade taxes-- quotas under oligopoly-- appendix to section 4.9. Part 5 Strategic export policy: competitive foreign conduct-- profit shifting-- price competition-- entry with increasing returns-- resource constraints-- two-way export policies-- consumption effects. Part 6 Strategic import policy: tariffs - the Cournot case-- tariffs - the Bertrand case-- import quotas. Part 7 Intraindustry trade: a basic monopolistic competition model-- tariffs and the terms of trade-- the production efficiency effect-- tariffs that lower prices - the home market effect-- tariffs and segmented markets. Part 8 Quantification: problems of quantification-- models with fixed numbers of firms-- models with free entry-- general equilibrium modeling. Part 9 Conclusions: methodology-- surprising effects of policy-- the welfare effects of trade policy-- where do we go from here?
• (source: Nielsen Book Data)9780262580984 20160528

A sequel to "Market Structure and Foreign Trade", this text examines the new international trade's applied side and provides a guide to models of the effects of trade policy in imperfectly competitive markets, as well as a survey of existing knowledge.
(source: Nielsen Book Data)9780262580984 20160528
In their previous book "Market Structure and Foreign Trade, "Helpman and Krugman undertook a systematic analysis of the new trade theory characterized by imperfect competition. This book provides an overview of the new international trade's applied side. It is a compact guide to models of the effects of trade policy in imperfectly competitive markets, an up to date survey of existing knowledge that is extended by the authors' useful interpretations of the results and many original insights."Trade Policy and Market Structure "systematically develops the implications of trade policy under a number of different market structures. It begins with the effect of trade policy under pure competition and then skillfully develops the intuition necessary for understanding the more complicated imperfectly competitive models. Arguments are made more accessible through the use of diagrams, descriptions, and simple algebra.The book synthesizes the arguments of all the major contributors to the policy applications of the new international economics: Jagdish Bhagwati, James Brander, Avinash Dixit, Jonathan Eaton, Gene Grossman, Richard Harris, Barbara Spencer, and Anthony Venables. Helpman and Krugman draw three themes from this extensive body of research that, expressed in terms of models, occur throughout the book: the effects of trade policy on market power, the strategic effect of trade policy on competition; and the effect of trade policy on consumer choice.Elhanan Helpman is Professor of Economics at Tel Aviv University. Paul R. Krugman is Professor of Economics at MIT.
(source: Nielsen Book Data)9780262081825 20160605

• 1. The theory of international trade-- 2. Supply and demand using duality-- 3. International equilibrium and the gains from trade-- 4. Trade, specialization and factor prices-- 5. Comparative statics-- 6. Welfare and trade policy-- 7. Money and the balance of payments-- 8. Trade and payments with fixed prices-- 9. Scale economies and imperfect competition-- Mathematical appendix-- Bibliography-- Index.
• (source: Nielsen Book Data)9780521234818 20160528

This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
(source: Nielsen Book Data)9780521234818 20160528