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Advanced International Trade - Theory and Evidence - Second Edition (Hardcover, 2nd Revised edition)
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Advanced International Trade - Theory and Evidence - Second Edition (Hardcover, 2nd Revised edition)
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Trade is a cornerstone concept in economics worldwide. This updated
second edition of the essential graduate textbook in international
trade brings readers to the forefront 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 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. In
addition to known results, the book looks at some particularly
important unpublished results by various authors.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 latest developments and brand-new
materials, Advanced International Trade is a classic textbook that
will be used widely by students and practitioners of economics for
a long time to come. * Updated second edition of the essential
graduate textbook* Current approaches and a new chapter on
monopolistic competition with heterogeneous firms* Supplementary
materials in each chapter* Theoretical and empirical exercises* Two
appendices describe methods for international trade research
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