Elgar Encyclopedia of International Trade: (Elgar Encyclopedias in Economics and Finance series)

About the Book

This Encyclopedia provides a comprehensive overview of theories, empirical research and policy in international trade. Eminent scholars examine the economic, political, geographic dimensions of globalization.

Explaining classical frameworks alongside modern developments in theory, authors explore the Heckscher-Ohlin and Eaton-Kortum models, amongst others. The Encyclopedia presents the developments, trends, and impacts of key international trade topics and concepts in entries that are engaging and accessible. Entries outline key topics, including the political economy of policy, foreign direct investment and migration within the context of trade.

This is an invaluable resource for students and scholars of international trade, economics and finance, business and management as well as politics and public policy. Its practical insights are also greatly beneficial for policymakers in international trade.

Key Features:

• Includes over 40 contributions by leading scholars across the world
• Presents accessible explanations of key topics using established knowledge and open questions
• Establishes excellent starting point for specialists, students, policymakers and general readers seeking greater understanding

Table of Contents:
Contents Introduction 1 Priyaranjan Jha and Devashish Mitra 1 Agricultural trade and market power 4 Shoumitro Chatterjee 2 Antidumping duties and safeguard tariffs 8 Thomas Osang 3 Border carbon taxes 13 Brian R. Copeland 4 Classical models of comparative advantage and their relevance today 17 Peter M. Morrow 5 Complex integration strategies of multinational firms 21 Stephen Ross Yeaple 6 Domestic taxes and international trade 25 Rishi R. Sharma 7 Dynamic effects of trade policy 29 Shafaat Yar Khan 8 Economic geography and trade 34 Kerem Coşar 9 Effects of terrorism on trade 39 Subhayu Bandyopadhyay and Javed Younas 10 Empirical evidence for the procompetitive effects of trade 42 Asha Sundaram 11 Exchange rates and international trade 48 Priyaranjan Jha and Devashish Mitra 12 Finance and foreign direct investment 53 Rahul Mukherjee 13 Firm dynamics and multinational activity 58 Adam Hal Spencer 14 Firm financing, frictions, and trade 64 José L. Groizard and Fernando Riveiro 15 Firm heterogeneity and international trade 70 Priyaranjan Jha and Jibonayan Raychaudhuri 16 Firm-level export dynamics 76 James Tybout 17 Geography of foreign direct investment 79 Maggie Xiaoyang Chen 18 Global migration: trends, causes, impacts, and balancing gains and costs 83 Çaglar Özden 19 Gravity models in international trade 89 Satya P. Das and Anirudh Shingal 20 Heckscher–Ohlin theory 95 Daniel Trefler 21 Intellectual property rights and trade 101 Keith E. Maskus 22 Intermediaries in international trade 107 Kunal Dasgupta 23 International taxation and foreign direct investment 111 Rahul Mukherjee 24 International trade and labor outcomes in developing countries 118 Devashish Mitra and Beyza Ural-Marchand 25 International trade and poverty 124 Devashish Mitra and Beyza Ural-Marchand 26 International trade and renewable natural resources 130 Brian R. Copeland 27 International trade with labor market imperfections 134 Hoang Pham 28 Interstate conflict and international trade 141 Michelle R. Garfinkel and Constantinos Syropoulos 29 Oligopoly and international trade 148 Arghya Ghosh 30 On the interaction between preferential trade agreements and multilateralism 153 Halis Murat Yildiz 31 Political economy of trade policy within free trade agreements 158 Andrey Stoyanov 32 Preferential trade agreements 162 Pravin Krishna 33 Reflecting on the China shock: a decade of learning and assessment 166 Yang Liang 34 Role and impact of trade facilitation on international trade 173 Rajeev Malhotra and Vijay Singh Chauhan 35 The carbon border adjustment mechanism: consequences for trade and development in the Global South 178 Priyaranjan Jha and Advitha Arun 36 The Eaton–Kortum model 184 Robert Dekle and Monica Morlacco 37 The effects of trade policy uncertainty 188 Kyle Handley and Nuno Limão 38 The evolution of trade barriers in the 21st century 193 James Lake 39 The political economy of trade policy 203 Gerald Willmann 40 The pro-competitive effects of international trade: theory 207 Devashish Mitra 41 The Stolper–Samuelson theorem and its applications 212 Pushan Dutt 42 Trade and unemployment 218 Carl Davidson and Steven Matusz 43 Trade and wages 221 Hartmut Egger and Udo Kreickemeier 44 Trade in services 225 Andrea Ariu and Anca Cristea 45 Trade policy under dictatorship and democratization 232 Kishore Gawande and Ben Zissimos 46 Trade policy under firm heterogeneity 237 Alan C. Spearot 47 Trade wars: a brief history 243 Ryan Monarch 48 Wage and employment effects of immigration 247 Priyaranjan Jha and Chu Ji

About the Author :
Edited by Priyaranjan Jha, Professor of Economics, Department of Economics, University of California-Irvine and Devashish Mitra, Professor of Economics and Cramer Professor of Global Affairs, Department of Economics, The Maxwell School of Citizenship and Public Affairs, Syracuse University, USA

Review :
‘This is an indispensable resource for anyone interested in the global economy, offering concise summaries of the field’s major theoretical and empirical results alongside approachable discussions of policy — from the impact of trade on wages to more contemporary concerns regarding its effect on the environment. A vital reference for researchers and policy makers, and an impressive, wide-ranging guide for the general reader.’ ‘This Encyclopedia succeeds at something that is very hard to do: it provides concise, authoritative entry points into a very large and fragmented trade literature. The articles are clear, well chosen, and span theory, empirics, and policy in a way that will be genuinely useful for students, researchers, and instructors.’ ‘An up-to-date, readable, and comprehensive compendium on the state of the field. Belongs on the shelf of every international trade economist.’