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The Development of International Trade Theories Post War

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Author Info
HE Shu-Quan (Department of Economics, Shanghai University)

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Abstract

The years following WW¢ò have witnessed new phenomena in international trade which can not be interpreted by orthodox theories. The two major new trends are intra-industry trade and enormous trade between industrialized countries. Disregarding traditional assumptions, economists, Paul R. Krugman as leading economist, put forward new theories and models with emphasis on increasing return to scale and imperfect competition to interpret why international trade happen, which develop and supplement the orthodox theories.

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Publisher Info
Paper provided by Department of Economics, Shanghai University in its series SHU Economics Working Papers with number 2005002.

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Length: 10 pages
Date of creation: Aug 2005
Date of revision:
Handle: RePEc:shu:wpaper:2005002

Note: Written in Chinese and available on request
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Web page: http://www.shu.edu.cn/en/CollegeInternational.htm
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Postal: HE Shu-Quan, Department of Economics, International Business and Mangement School, Shanghai University, 99#, ShangDa Road, Baoshan District, Shanghai, 200444 P.R. of China
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Related research
Keywords: international trade; economies of scale; increasing return to scale; imperfect competition; trade theories;

Find related papers by JEL classification:
F1 - International Economics - - Trade
F2 - International Economics - - International Factor Movements and International Business

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This page was last updated on 2009-11-14.

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