Edward Elgar Publishing Empirical International TradE (The International Library of Critical Writings in Economics series)

Product Description 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. Review ‘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 About the Author Edited by Daniel M. Bernhofen, American University, Washington, DC, US