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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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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 scaleinto the international trade theory. The enormous politicalimplications of this hypothesis have started a largeinterest in applied or empirical investigations of thisissue. However, econometric work in international trade iscomparatively scarce, especially if it comes to testing withindividual data. Therefore, this volume is considered to bea contribution to fill that gap. The volume consists ofthree parts: First, issues in strategic trade are discussedby means of a survey on recent contributions of theliteratureand by a simulation excercise on optimal tradepolicy for imperfectly competitive industries. Second, apart investigating the determinants of trade flows studiesthe interrelationships between trade balances and exchangerates, plant size and international trade, and the revelanceoffirm size and market concentration for the degree ofexport market integration using business survey firm data.Third, there are studies on imperfect markets, innovationsand learning which demonstrate the importanceof imperfectcompetition for international economics. All contributionsprovide empirical evidence for the revelance of the newlydeveloped trade theories and demonstrate useful quantitativetechniques for their investigation. 200 pp. Englisch. N° de réf. du vendeur 9783642846878
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