A decade of the new trade theory

1992 ◽  
pp. 1-10 ◽  
Author(s):  
Paul Krugman
Author(s):  
Michael Landesmann ◽  
Neil Foster-McGregor

Trade and the integration of countries into the global economy is one of the main forces shaping the structural composition of economies, an effect which in turn is expected to impact upon productivity and growth. Structural change can be restrained or reinforced by international trade. This chapter reviews the theory on the relationship between trade and trade liberalization and both structural change and growth, from the contributions of Adam Smith to the more recent new new trade theory beginning with the work of Melitz. The chapter further discusses the existing empirical evidence on the relationship between trade and structural change, before concluding by presenting evidence on the impact of trade liberalization on productivity growth for a broad sample of countries, further decomposing the effect into an effect due to structural change and an effect due to within sector productivity developments.


1998 ◽  
Vol 46 (2) ◽  
pp. 183-203 ◽  
Author(s):  
James R. Markusen ◽  
Anthony J. Venables

2002 ◽  
Author(s):  
Ronald R. MacDonald ◽  
Luca Antonio Ricci

2002 ◽  
Vol 02 (32) ◽  
pp. 1 ◽  
Author(s):  
Luca Antonio Ricci ◽  
Ronald MacDonald ◽  
◽  

2011 ◽  
Vol 119 (1) ◽  
pp. 122-152 ◽  
Author(s):  
Ralph Ossa

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Made Adnyana

<p>          In addition to the free trade accord of Bali II, Indonesia has also agreed to implement ACFTA with RRChina and Hongkong. Four schemes agreed up on are Early Harvest Program (EHP), Normal Track (NT) Sensitive Track (ST) and Highly Sensitive Track (HST). The  method used in the study is applying  New Trade Theory model, i.e. involving Comparative Advantage determinants, along with regression analysis. The study  focuses on  data on export volume of  1996 up to  2013 on three-monhly basis. The finding of the study is that certain commodities have gained promising export in 2010; steady export growth has been experienced by two commodities numbered as 87 and 27 at the schemes.   The number 26 commodity at the scheme experienced the decline.</p><p><strong> </strong></p><p><strong>Keywords: </strong>ACFTA schemes, exsport from Indonesia, RR China, Hongkong</p>


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