Elgar Encyclopedia of International Trade

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

‘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.’

• ContentsIntroduction 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 Coşar9 Effects of terrorism on trade 39Subhayu 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 Mitra12 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-Marchand25 International trade and poverty 124Devashish Mitra and Beyza Ural-Marchand26 International trade and renewable natural resources 130Brian R. Copeland27 International trade with labor market imperfections 134Hoang Pham28 Interstate conflict and international trade 141Michelle R. Garfinkel and Constantinos Syropoulos29 Oligopoly and international trade 148Arghya Ghosh30 On the interaction between preferential trade agreements and multilateralism 153Halis Murat Yildiz31 Political economy of trade policy within free trade agreements 158Andrey Stoyanov32 Preferential trade agreements 162Pravin Krishna33 Reflecting on the China shock: a decade of learning and assessment 166Yang Liang34 Role and impact of trade facilitation on international trade 173Rajeev Malhotra and Vijay Singh Chauhan35 The carbon border adjustment mechanism: consequences for trade and development in the Global South 178Priyaranjan Jha and Advitha Arun36 The Eaton–Kortum model 184Robert Dekle and Monica Morlacco37 The effects of trade policy uncertainty 188Kyle Handley and Nuno Limão38 The evolution of trade barriers in the 21st century 193James Lake39 The political economy of trade policy 203Gerald Willmann40 The pro-competitive effects of international trade: theory 207Devashish Mitra41 The Stolper–Samuelson theorem and its applications 212Pushan Dutt42 Trade and unemployment 218Carl Davidson and Steven Matusz43 Trade and wages 221Hartmut Egger and Udo Kreickemeier44 Trade in services 225Andrea Ariu and Anca Cristea45 Trade policy under dictatorship and democratization 232Kishore Gawande and Ben Zissimos46 Trade policy under firm heterogeneity 237Alan C. Spearot47 Trade wars: a brief history 243Ryan Monarch48 Wage and employment effects of immigration 247Priyaranjan Jha and Chu Ji