Advanced International Trade: Theory and Evidence - Second Edition by Robert C. FeenstraAdvanced International Trade: Theory and Evidence - Second Edition by Robert C. Feenstra

Advanced International Trade: Theory and Evidence - Second Edition

byRobert C. Feenstra

Hardcover | November 10, 2015

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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 In addition to known results, the book looks at some particularly important unpublished results by various authors.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

Robert C. Feenstra is a professor in the Department of Economics at the University of California, Davis, where he holds the C. Bryan Cameron Distinguished Chair in International Economics. His books include Offshoring in the Global Economy and Product Variety and the Gains from International Trade.
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Title:Advanced International Trade: Theory and Evidence - Second EditionFormat:HardcoverDimensions:496 pagesPublished:November 10, 2015Publisher:Princeton University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:069116164X

ISBN - 13:9780691161648

Reviews

Table of Contents

Acknowledgmentsix

Foreword to the Second Editionxi

Chapter 1 Preliminaries: Two-Sector Models 1

Chapter 2 The Heckscher-Ohlin Model 25

Chapter 3 Many Goods and Factors 51

Chapter 4 Trade in Intermediate Inputs and Wages 83

Chapter 5 Monopolistic Competition and the Gravity Equation I 119

Chapter 6 Monopolistic Competition and the Gravity Equation II 155

Chapter 7 Gains from Trade and Regional Agreements 186

Chapter 8 Import Tariffs and Dumping 214

Chapter 9 Import Quotas and Export Subsidies 256

Chapter 10 Political Economy of Trade Policy 299

Chapter 11 Trade and Endogenous Growth 331

Chapter 12 Multinationals and Organization of the Firm 360

Appendix A Price, Productivity, and Terms of Trade Indexes 403

Appendix B Discrete Choice Models 419

References431

Index465

Editorial Reviews

Praise for the previous editon: "Robert Feenstra is to be congratulated on producing this excellent book, which should be on the bookshelf of anyone interested in trade theory and empirical research on international trade."-Sisira Jayasuriya, Economic Record