Empirical International Trade

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Empirical International Trade

9781848443013 Edward Elgar Publishing
Edited by Daniel M. Bernhofen, American University, Washington, DC, US
Publication Date: March 2010 ISBN: 978 1 84844 301 3 Extent: 744 pp
During the last decade, international trade has witnessed a dramatic transition from a field dominated by theory to one dominated by empirics linked to theory.

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During the last decade, international trade has witnessed a dramatic transition from a field dominated by theory to one dominated by empirics linked to theory.

In this volume, Professor Bernhofen has selected an impressive range of critical papers by leading academics which have contributed significantly to making international trade an empirical science. The included topics are empirical studies on comparative advantage, the Heckscher-Ohlin model, monopolistic competition, gravity models, firms and plant trade and networks and institutions. The papers in this collection serve as an excellent introduction to the literature as well as an essential reference for research in empirical trade.
Critical Acclaim
‘Empirical International Trade gathers a wealth of scholarly essays by learned economists and mathematics, evaluating the latest theories and discoveries in the economic venue of international trade. . . Extensive tables, calculations, and formulas supplement the expert-level resource of technical discussion and theory, highly recommended for college and graduate school economics libraries.’
– The Midwest Book Review

‘International trade has been one of the most exciting sub-fields in economics in recent years, as an explosion of empirical work has thrown new light on old theories and stimulated new ones. This new collection by Daniel Bernhofen assembles in one volume many of the most important contributions to this literature. From modern tests of Heckscher-Ohlin to estimates of the gains from variety, from the resurgence of gravity models to the exploding literature using firm-level data, this is a treasury of modern classics. Having all these papers conveniently collected in a single volume will encourage beginners to read them as a whole and specialists to pore over their details. A must-have collection.’
– Peter Neary, University of Oxford, UK
Contributors
27 articles, dating from 1953 to 2007
Contributors include: J. Anderson, J. Bergstrand, A. Bernard, D. Davies, J. Harrigan, E. Leamer, J. Rauch, D. Trefler, E. van Wincoop, D. Weinstein
Contents
Contents:

Acknowledgements

Introduction Daniel M. Bernhofen

PART I EMPIRICAL STUDIES ON THE HECKSCHER-OHLIN MODEL
1. Wassily Leontief (1953), ‘Domestic Production and Foreign Trade; The American Capital Position Re-Examined’
2. Edward E. Leamer (1980), ‘The Leontief Paradox, Reconsidered’
3. Harry P. Bowen, Edward E. Leamer and Leo Sveikauskas (1987), ‘Multicountry, Multifactor Tests of the Factor Abundance Theory’
4. Daniel Trefler (1993), ‘International Factor Price Differences: Leontief was Right!’
5. Daniel Trefler (1995), ‘The Case of the Missing Trade and Other Mysteries’
6. Donald R. Davis and David E. Weinstein (2001), ‘An Account of Global Factor Trade’
7. Peter K. Schott (2003), ‘One Size Fits All? Heckscher-Ohlin Specification in Global Production’
8. James Harrigan (1997), ‘Technology, Factor Supplies, and International Specialization: Estimating the Neoclassical Model’
9. John Romalis (2004), ‘Factor Proportions and the Structure of Commodity Trade’

PART II TESTING COMPARATIVE ADVANTAGE AND THE GAINS FROM TRADE
10. Daniel M. Bernhofen and John C. Brown (2004), ‘A Direct Test of the Theory of Comparative Advantage: The Case of Japan’
11. Daniel M. Bernhofen and John C. Brown (2005), ‘An Empirical Assessment of the Comparative Advantage Gains from Trade: Evidence from Japan’

PART III MONOPOLISTIC COMPETITION AND THE GAINS FROM PRODUCT VARIETY
12. Elhanan Helpman (1987), ‘Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries’
13. David Hummels and James Levinsohn (1995), ‘Monopolistic Competition and International Trade: Reconsidering the Evidence’
14. Peter Debaere (2005), ‘Monopolistic Competition and Trade, Revisited: Testing the Model Without Testing for Gravity’
15. Christian Broda and David E. Weinstein (2006), ‘Globalization and the Gains from Variety’

PART IV GRAVITY, BORDERS AND THE GROWTH OF WORLD TRADE
16. John McCallum (1995), ‘National Borders Matter: Canada-U.S. Regional Trade Patterns’
17. James E. Anderson and Eric van Wincoop (2003), ‘Gravity with Gravitas: A Solution to the Border Puzzle’
18. Jonathan Eaton and Samuel Kortum (2002), ‘Technology, Geography, and Trade’
19. Scott L. Baier and Jeffrey H. Bergstrand (2001), ‘The Growth of World Trade: Tariffs, Transport Costs, and Income Similarity’
20. Kei-Mu Yi (2003), ‘Can Vertical Specialization Explain the Growth of World Trade?’

PART V THE EMPIRES OF FIRM AND PLAN TRADE
21. Andrew B. Bernard and J. Bradford Jensen (1995), ‘Exporters, Jobs, and Wages in U.S. Manufacturing: 1976–1987’
22. Sofronis K. Clerides, Saul Lach and James R. Tybout (1998), ‘Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico, and Morocco’
23. Andrew B. Bernard and J. Bradford Jensen (1999), ‘Exceptional Exporter Performance: Cause, Effect, or Both?’

PART VI TRADE, NETWORKS AND CONTRACTS
24. James E. Rauch (1999), ‘Networks Versus Markets in International Trade’
25. James E. Rauch and Vitor Trindade (2002), ‘Ethnic Chinese Networks in International Trade’
26. James E. Anderson and Douglas Marcouiller (2002), ‘Insecurity and the Pattern of Trade: An Empirical Investigation’
27. Nathan Nunn (2007), ‘Relationship-Specificity, Incomplete Contracts, and the Pattern of Trade’

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