Understanding Global Trade

Understanding Global Trade

by Elhanan Helpman
     
 

Helpman explains what shapes international production and distribution of goods and the resulting trade flows, and provides a clear, original account of the trade-theory revolutions of the 1980s and the post-recession. Though it contains no equations, Understanding Global Trade is mathematical in its elegance, precision, and power of expression.See more details below

Overview

Helpman explains what shapes international production and distribution of goods and the resulting trade flows, and provides a clear, original account of the trade-theory revolutions of the 1980s and the post-recession. Though it contains no equations, Understanding Global Trade is mathematical in its elegance, precision, and power of expression.

Product Details

ISBN-13:
9780674060784
Publisher:
Harvard University Press
Publication date:
04/29/2011
Pages:
232
Sales rank:
1,411,133
Product dimensions:
5.80(w) x 8.40(h) x 1.00(d)

Table of Contents

Preface ix

1 Introduction 1

2 Comparative Advantage 12

2.1 Technology 15

2.2 Factor Proportions 28

3 Gainers and Losers 46

3.1 No Distributional Conflicts 48

3.2 Two Case Studies 52

3.2.1 The United States 52

3.2.2 Japan 53

3.3 Distributional Conflicts 56

3.4 Compensating Losers 62

4 Scale and Scope 68

4.1 Economies of Scale 72

4.2 Monopolistic Competition 79

4.3 Additional Sources of Gains from Trade 95

5 Across Firms within Industries 99

5.1 Exporting vs. Nonexporting Firms 100

5.2 Quantitative Assessment 107

5.3 Unemployment and Inequality 112

6 Offshoring and Outsourcing 126

6.1 Offshoring 129

6.2 The Traditional Approach 132

6.3 Horizontal FDI 134

6.4 Vertical FDI 142

6.5 Complex Integration 146

6.6 Internalization 154

7 Epilogue 166

Notes 173

Bibliography 193

Index 213

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