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Export Activity and Strategic Trade Policy

Overview

New theories of international trade suggest that pro-
tectionism can make sense. This finding depends on the in-
troduction of market power and increasing returns to scale into the international trade theory. The enormous political implications of this hypothesis have started a large interest in applied or empirical investigations of this issue. However, econometric work in international trade is comparatively scarce, especially if it comes to ...
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Paperback (Softcover reprint of the original 1st ed. 1992)
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Overview

New theories of international trade suggest that pro-
tectionism can make sense. This finding depends on the in-
troduction of market power and increasing returns to scale into the international trade theory. The enormous political implications of this hypothesis have started a large interest in applied or empirical investigations of this issue. However, econometric work in international trade is comparatively scarce, especially if it comes to testing with individual data. Therefore, this volume is considered to be a contribution to fill that gap. The volume consists of three parts: First, issues in strategic trade are discussed by means of a survey on recent contributions of the literatureand by a simulation excercise on optimal trade policy for imperfectly competitive industries. Second, a part investigating the determinants of trade flows studies the interrelationships between trade balances and exchange rates, plant size and international trade, and the revelance offirm size and market concentration for the degree of export market integration using business survey firm data.
Third, there are studies on imperfect markets, innovations and learning which demonstrate the importanceof imperfect competition for international economics. All contributions provide empirical evidence for the revelance of the newly developed trade theories and demonstrate useful quantitative techniques for their investigation.
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Product Details

  • ISBN-13: 9783642846878
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 12/15/2011
  • Series: Studies in International Economics and Institutions Series
  • Edition description: Softcover reprint of the original 1st ed. 1992
  • Edition number: 1
  • Pages: 189
  • Product dimensions: 6.69 (w) x 9.61 (h) x 0.42 (d)

Table of Contents

I. Introduction.- Introductory Overview.- II. Issues in Strategic Trade Policy.- Recent Developments in Strategic Trade Policy and Empirical Evidence.- Constrained Optimal Trade Policy for Imperfectly Competitive Industries.- III. Determinants of Trade Flows.- Trade Balances and Exchange Rates: Are They Co-integrated?.- Plant Size, Scale Economies, and International Trade.- Determinants of Export Activity in Italian Manufacturing Industries: Results from Panel Data.- IV. Imperfect Markets, Innovations and Learning.- International Trade in a Neoclassical Model of Innovative Activity with Monopolistic Competition.- Relative Export Prices and Firm Size in Imperfect Markets.- The Learning Curve and Export Price: Some Evidence on Japanese Manufacturing.- List of Contributors.
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