Abstract
The traditional theory of international trade, as set forth in Part I, is founded on two hypotheses: (1) perfect competion obtains, and (2) the commodities which are internationally traded are homogeneous. Notwithstanding the criticism of several precursors (treated in the next chapter), it was only in the late 1970s and in the 1980s that the consequences of dropping one or both of these hypotheses were formally examined. The present chapter gives an overview of these new explanations for international trade.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Aghion, P., & Howitt, P. (1998). Endogenous growth theory.
Baldwin, Robert E. (1992). Are economists’ traditional trade policy views still valid?
Barro, R. J., & Sala-i-Martin, X. (2004). Economic growth.
Brander, J. A. (1981). Intra-industry trade in identical commodities.
Davis, D. R. (1995). Intra-industry trade: A Heckscher-Ohlin-Ricardo approach.
Eaton, J., & Kierzkowski, H. (1984). Oligopolistic competition, product variety and international trade.
Falvey, R. E. (1981). Commercial policy and intra-industry trade.
Grossman, G. M. (Ed.). (1992). Imperfect competition and international trade.
Guerrieri, P., & Padoan, P. C. (1996). Strategic trade policy: A review of the theoretical debate.
Haberler, G. (1990). Strategic trade policy and the new international economics: A critical analysis.
Krugman, P. R. (1979). Increasing returns, monopolistic competition, and international trade.
Krugman, P. R. (1990). Rethinking international trade.
Krugman, P. R. (1991). Geography and trade.
Lancaster, K. (1980). Intra-industry trade under perfect monopolistic competition.
Long, N. V., & Wong, K.-Y. (1998). Endogenous growth and international trade: A survey.
Markusen, J. R., Melvin, J. R., Kaempfer, W. H., & Maskus, K. E. (1995). International trade: theory and evidence (chap. 17).
Markusen, J. R., & Venables, A. J. (1988). Trade policy with increasing returns and imperfect competition: Contradictory results from competing assumptions.
Pomfret, R. (1992). International trade policy with imperfect competition.
Puga, D., & Venables, A. J. (1997). Preferential trading arrangements and industrial location.
Romer, P. M. (1994). The origins of endogenous growth.
Shaked, A., & Sutton, J. (1984). Natural oligopolies and international trade.
Solow, R. M. (1992). Siena lectures on endogenous growth theory.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2014 Springer-Verlag Berlin · Heidelberg
About this chapter
Cite this chapter
Gandolfo, G. (2014). An Overview. In: International Trade Theory and Policy. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-37314-5_7
Download citation
DOI: https://doi.org/10.1007/978-3-642-37314-5_7
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-37313-8
Online ISBN: 978-3-642-37314-5
eBook Packages: Business and EconomicsEconomics and Finance (R0)