BROADENING TRADE THEORY: Incorporating Market Realities into Traditional Models

This volume is a collection of the author's past and recent research. It concentrates on some topics that continue to be neglected in mainstream trade theory, but which have grown in empirical relevance as the decades have passed and allow us to broaden our world view. These include adding multinational firms and a major role for the demand side of general equilibrium to our conventional portfolio of models.

Part I in the volume focuses on multinational firms and the incorporation of endogen...