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Advanced International Trade: Theory and Evidence, Second Edition

Amazon.com Price:  $47.80 (as of 12/05/2019 16:44 PST- Details)

Description

Trade is a cornerstone concept in economics around the world. This up to date second edition of the crucial graduate textbook in international trade brings readers to the vanguard 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 and every 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. Along with known results, the book looks at some particularly important unpublished results by quite a lot of authors.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 up to date developments and brand-new materials, Advanced International Trade is a classic textbook so as to be used widely by students and practitioners of economics for a very long time to come.

  • Updated second edition of the crucial graduate textbook
  • Current approaches and a new chapter on monopolistic competition with heterogeneous firms
  • Supplementary materials in each and every chapter
  • Theoretical and empirical exercises
  • Two appendices describe methods for international trade research
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