Understanding And Testing The Foundations Of International Trade With Micro Data

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Estimating The Gains from Trade
Estimating the Impact of the Container Revolution
forthcoming
Natural Experiment
Strategic Trade Policy and Intra-Industry Trade
Testing Comparative Advantage
Testing General Equilibrium Trade Theory
Testing Heckscher-Ohlin

Product details

  • ISBN 9789819829118
  • Publication Date: 22 Jul 2026
  • Publisher: World Scientific Publishing Co Pte Ltd
  • Publication City/Country: SG
  • Product Form: Hardback
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This volume brings together fifteen papers that advance our understanding of international trade and trade policy across three major research programs. Part I examines trade and policy in vertically related oligopolistic markets and tests the theoretical foundations of international trade under imperfect competition. Part II pioneers the use of a natural historical experiment to test general equilibrium trade theory, linking foundational models to empirical domains consistent with their theoretical frameworks. Part III proposes an empirical identification strategy to estimate the impact of the container revolution on the growth of world trade.The introductory chapter employs Thomas Kuhn's notion of paradigm shifts as an organizing principle to trace the intellectual evolution of these three research programs. It also highlights the connection between the "call" of the new empirical industrial organization literature (Part I) and the first application of a natural historical experiment to test economic theory (Part II).