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Recent Developments in International Trade Theory

Edited by Rod Falvey, Bond University, Australia and Udo Kreickemeier, Faculty of Business and Economics, TU Dresden, Germany
The last decade has seen many important contributions to the field of International Trade Theory. This authoritative volume contains 27 seminal articles that represent the most significant of these recent developments. Topics include: multinational firms, trade with heterogeneous firms, general equilibrium with oligopolistic firms, outsourcing, trade liberalisation and factor returns, trade and labour markets, international networking, multilateralism and regionalism, trade and the environment, the political economy of trade policy, and tax regimes in open economies.
Extent: 688 pp
Hardback Price: £202.00 Web: £181.80
Publication Date: 2005
ISBN: 978 1 84376 882 1
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  • Economics and Finance
  • International Economics
The last decade has seen many important contributions to the field of International Trade Theory. This authoritative volume contains 27 seminal articles that represent the most significant of these recent developments. Topics include: multinational firms, trade with heterogeneous firms, general equilibrium with oligopolistic firms, outsourcing, trade liberalisation and factor returns, trade and labour markets, international networking, multilateralism and regionalism, trade and the environment, the political economy of trade policy, and tax regimes in open economies.
‘This is an absolutely first rate collection. The editors have done a very nice job of identifying several research topics in which major advances have been made in the last decade and accurately identified the major contributions in those areas. If you want to know where the frontier of trade theory is, just look at this volume. In addition, Falvey and Kreickemeier have provided an introduction which summarizes the included papers and puts them in context.’
– Douglas R. Nelson, Tulane University, US
27 articles, dating from 1990 to 2004
Contributors include: D. Davis, A. Deardorff, W. Ethier, G. Grossman, E. Helpman, P. Krugman, G. Maggi, J. Markussen, P. Neary, A. Venables
Contents
Acknowledgements
Introduction Rod Falvey and Udo Kreickemeier
PART I IMPERFECT COMPETITION IN GOODS MARKETS
1. James R. Markusen and Anthony J. Venables (2000), ‘The Theory of Endowment, Intra-Industry and Multi-National Trade’
2. Wilfred J. Ethier and James R. Markusen (1996), ‘Multinational Firms, Technology Diffusion and Trade’
3. Paul Krugman and Anthony J. Venables (1995), ‘Globalization and the Inequality of Nations’
4. Marc J. Melitz (2003), ‘The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity’
5. J. Peter Neary (2003), ‘Globalization and Market Structure’
6. Roy J. Ruffin (2003), ‘Oligopoly and Trade: What, How Much, and For Whom?’
PART II SPECIALISATION AND FACTOR RETURNS
7. Ronald W. Jones and Henryk Kierzkowski (1990), ‘The Role of Services in Production and International Trade: A Theoretical Framework’
8. Wilhelm Kohler (2003), ‘The Distributional Effects of International Fragmentation’
9. Alan V. Deardorff (1994), ‘The Possibility of Factor Price Equalization, Revisited’
10. Rod Falvey (1999), ‘Trade Liberalization and Factor Price Convergence’
PART III TRADE AND LABOUR MARKETS
11. Gerhard Clemenz (1995), ‘Adverse Selection in Labor Markets and International Trade’
12. Gene M. Grossman and Giovanni Maggi (2000), ‘Diversity and Trade’
13. Donald R. Davis (1998), ‘Does European Unemployment Prop Up American Wages? National Labor Markets and Global Trade’
14. Carl Davidson, Lawrence Martin and Steven Matusz (1999), ‘Trade and Search Generated Unemployment’
15. Alessandra Casella and James E. Rauch (2002), ‘Anonymous Market and Group Ties in International Trade’
PART IV MULTILATERALISM AND REGIONALISM
16. Giovanni Maggi (1999), ‘The Role of Multilateral Institutions in International Trade Cooperation’
17. Kyle Bagwell and Robert W. Staiger (1999), ‘An Economic Theory of GATT’
18. Carsten Kowalczyk (2000), ‘Welfare and Integration’
19. Wilfred J. Ethier (1998), ‘Regionalism in a Multilateral World’
20. Richard E. Baldwin (1995), ‘A Domino Theory of Regionalism’
21. John McLaren (2002), ‘A Theory of Insidious Regionalism’
PART V TRADE AND THE ENVIRONMENT
22. Michael Rauscher (1991), ‘National Environmental Policies and the Effects of Economic Integration’
23. Brian R. Copeland and M. Scott Taylor (1994), ‘North–South Trade and the Environment’
24. Brian R. Copeland and M. Scott Taylor (1995), ‘Trade and Transboundary Pollution’
PART VI OTHER POLICY ISSUES
25. Gene M. Grossman and Elhanan Helpman (1994), ‘Protection for Sale’
26. James E. Anderson and J. Peter Neary (1996), ‘A New Approach to Evaluating Trade Policy’
27. Michael Keen and David Wildasin (2004), ‘Pareto-Efficient International Taxation’
Name Index