Somesh K. Mathur - Böcker

This book unravels the complex spectrum of trade policy in India with the help of partial and general equilibrium models. It evaluates India’s recent trade deals with the UAE, Australia, European Free Trade Area (EFTA), and Mauritius, among others.Using applied general equilibrium methods to analyse recent debates about the conduct of India’s trade policy, this book aims to present how the barriers to trade have been affecting trade flows. It further presents a set of large-scale computable general equilibrium simulations of the effects of changes in trade barriers. It also explores India's need to deal strategically with China and provide different economic solutions, despite the conflicts along their international borders. Moreover, it focuses on how India, through its trade orientation, needs to manage its natural resources and deal with land scarcity.The volume will be of interest to scholars and researchers of international trade and finance, business economics, and econometrics. It will also be of interest to foreign trade experts, researchers, policy makers and government officials, among others.

This book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers.