This rigorous and comprehensive text encompasses modern theoretical and applied methods of analysis in the field of international trade. Rather than presenting the theory as a fact, the authors illustrate the application of theory and consider those areas where theory appears deficient to explain observed phenomena. The analysis begins with perfect competition, followed by an examination of imperfectly competitive market structures (including a wide range of models of price and quantity competition) and of multinational production. The final two chapters provide an updated analysis of topics which are not typically covered in other texts, namely the properties of exchange rate regimes for international trade and the relationship between growth and international trade. The appendix indicates sources of data, most of which are available on the Internet.
HARRY P. BOWEN is Professor of Economics at Vlerick-Leuren-Gent Management School. He is a Research Economist of the National Bureau of Economic Research and has written extensively on international trade in many journals, including the American Economic Review, the Quarterly Journal of Economics and the Review of Economics and Statistics. ABRAHAM HOLLANDER is Associate Professor of Economics at the Department of Economics, University of Montreal, and Associate Researcher at the Centre de Recherche et Developpement en Economique (CRDE). He has written extensively in journals like the European Economic Review, the International Journal of Industrial Organization and the Journal of International Economics. JEAN-MARIE VIAENE is Professor of Economics in the Department of Economics at Erasmus University, Rotterdam. He is a Research Fellow at the Tinbergen Institute and has publications on international economics in many journals, including Economic Letters, the European Economic Review and the Journal of International Economics.
PART 1: THE TRADING WORLD: PATTERNS AND POLICY The Pattern of International Trade and Factor Flows The Instruments and Environment of Trade Policy PART 2: COMPETITIVE MARKETS: TRADE AND TRADE POLICY The Ricardian Framework The Factor-Abundance Model Trade Policy Factor Specificity, Mobility and Unemployment Multidimensional Extensions of Trade Theory Empirical Tests of the Factor-Abundance Model PART 3: IMPERFECTLY COMPETITIVE MARKETS: TRADE AND TRADE POLICY Imperfect Competition Trade Policy in Imperfectly Competitive Markets Multinational Production PART 4: SPECIAL TOPICS Economic Integration Exchange Rates and International Trade Growth and International Trade Appendix: Data Methods and Sources References and Additional Reading
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- ID: 9780333614594
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