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Testing Trade Theory

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Author Info
Edward E. Leamer

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Abstract

This review of the empirical literature in international micro economics observes that data have had a disappointingly small effect on the intellectual lives of international economists. The reasons for this are many and diverse, but one general comment is made here: We need better balance between the three layers of the argument: the issues, the theory and the data. The profession as a whole is imbalanced in favor of theory. But most of the empirical work is also imbalanced. Some empirical studies take the theory too seriously and lose track of the issues. Others do not take the theory seriously enough and try to make do with ad hoc but inappropriate empirical models. Some of these which lack the theory layer lack as well any clear issues. We need better balance.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3957.

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Date of creation: Jan 1992
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Handle: RePEc:nbr:nberwo:3957

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  1. Charles L. Ballard & Don Fullerton & John B. Shoven & John Whalley, 1985. "General Equilibrium Analysis of Tax Policies," NBER Chapters, in: A General Equilibrium Model for Tax Policy Evaluation, pages 6-24 National Bureau of Economic Research, Inc. [Downloadable!]
  2. Aitken, Norman D, 1973. "The Effect of the EEC and EFTA on European Trade: A Temporal Cross-Section Analysis," American Economic Review, American Economic Association, vol. 63(5), pages 881-92, December. [Downloadable!] (restricted)
  3. Robin W. Boadway & John M. Treddenick, 1978. "A General Equilibrium Computation of the Effects of the Canadian Tariff Structure," Canadian Journal of Economics, Canadian Economics Association, vol. 11(3), pages 424-46, August. [Downloadable!] (restricted)
  4. Deardorff, Alan V. & Stern, Robert M., 1981. "A disaggregated model of world production and trade: An estimate of the impact of the Tokyo Round," Journal of Policy Modeling, Elsevier, vol. 3(2), pages 127-152, May. [Downloadable!] (restricted)
  5. Miller, Marcus H & Spencer, John E, 1977. "The Static Economic Effects of the UK Joining the EEC: A General Equilibrium Approach," Review of Economic Studies, Blackwell Publishing, vol. 44(1), pages 71-93, February. [Downloadable!] (restricted)
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  1. Cörvers,F. & Reininga,T., 1998. "The Dutch Factor Content of Human and Physical Capital: A Test of the HOV Model," Research Memoranda 001, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
  2. William K. Hutchinson, 2002. "Explaining United States International Trade, 1870-1910," Working Papers 0205, Department of Economics, Vanderbilt University. [Downloadable!]
  3. Rama, Martin, 1993. "Rent - seeking trade policy : a time series approach," Policy Research Working Paper Series 1142, The World Bank. [Downloadable!]
  4. Sjöholm, Fredrik, 1997. "Exports, Imports and Productivity: Results from Indonesian Establishment Data," Working Paper Series in Economics and Finance 183, Stockholm School of Economics. [Downloadable!]
    Other versions:
  5. Fidrmuc, J. & Fidrmuc, J., 2000. "Integration, disintegration and trade in Europe : evolution of trade relations during the 1990s," Discussion Paper 12, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  6. Chang, Hsaio-chuan, 1999. "Wage Differential, Trade, Productivity Growth and Education," Departmental Working Papers 2000-01, Australian National University, Economics RSPAS. [Downloadable!]
  7. Hsiao-chuan Chang, 2003. "International Trade, Productivity Growth, Education and the Wage Differential: A Case Study of Taiwan," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 25-48, May. [Downloadable!]
  8. Joan A. Martín & Vicente Orts, 2001. "A two-stage analysis of monopolistic competition models of intraindustry trade," Investigaciones Economicas, Fundación SEPI, vol. 25(2), pages 315-333, May. [Downloadable!]
  9. Grip,A.,de & Hoevenberg,J., 1996. "Upgrading in the European Union," Research Memoranda 002, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
  10. Horácio C. Faustino & Nuno C. Leitão, 2006. "Portuguese Intra-Industry Trade: A Dynamic Panel Data Analysis," Working Papers 2006/21, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon.. [Downloadable!]
  11. Junankar, P. N. (Raja) & Madsen, Jakob B., 2004. "Unemployment in the OECD: Models and Mysteries," IZA Discussion Papers 1168, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  12. Aturupane, Chonira & Djankov, Simeon & Hoekman, Bernard, 1997. "Determinants of intra-industry trade between East and West Europe," Policy Research Working Paper Series 1850, The World Bank. [Downloadable!]
    Other versions:
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