"New" Trade Theory and Policy a Decade Old: Assessment in a Pacific Context
This paper characterizes and evaluates what has been called variously the new, new-view, strategic or industrial organization approach to international trade and trade policy. This approach analyzes trade in strategic environments,' those in which small numbers of large, self-consciously independent agents interact, and in which their activities themselves are interdependently (strategically) linked. The new view's perspectives have been controversial but often because they have been misunderstood. Many of its subtler strengths have remained hidden. The misunderstandings and subtler strengths of the approach are the main themes of the paper. Its secondary emphasis is on applied and empirical work in the new tradition and its policy implications, with special regard to Pacific trade and investment.
|Date of creation:||Apr 1992|
|Publication status:||published as Higgott, R., R. Leaver, and J. Ravenhill (eds.) Pacific Economic Relations in the 1990s: Cooperation or Conflict? Lynne Rinner Publishers, 1993.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Levinsohn, J., 1991.
"Testing the Imports-As-Market-Discipline Hypothesis,"
272, Research Seminar in International Economics, University of Michigan.
- Levinsohn, James, 1993. "Testing the imports-as-market-discipline hypothesis," Journal of International Economics, Elsevier, vol. 35(1-2), pages 1-22, August.
- James Levinsohn, 1991. "Testing the Imports-as-Market-Discipline Hypothesis," NBER Working Papers 3657, National Bureau of Economic Research, Inc.
- Peter A. Petri, 1991. "Market Structure, Comparative Advantage, and Japanese Trade under the Strong Yen," NBER Chapters, in: Trade with Japan: Has the Door Opened Wider?, pages 51-84 National Bureau of Economic Research, Inc.
- Robert E. Lipsey, 1989. "The Internationalization of Production," NBER Working Papers 2923, National Bureau of Economic Research, Inc.
- Lawrence F. Katz & Lawrence H. Summers, 1988.
"Can Inter-Industry Wage Differentials Justify Strategic Trade Policy?,"
NBER Working Papers
2739, National Bureau of Economic Research, Inc.
- Lawrence F. Katz & Lawrence H. Summers, 1989. "Can Interindustry Wage Differentials Justify Strategic Trade Policy?," NBER Chapters, in: Trade Policies for International Competitiveness, pages 85-124 National Bureau of Economic Research, Inc.
- Linda Hunter & James R. Markusen & Thomas F. Rutherford, 1991.
"Trade liberalization in a multinational-dominated industry: a theoretical and applied general equilibrium analysis,"
Federal Reserve Bank of Dallas, pages 39-42.
- Linda Hunter & James R. Markusen & Thomas F. Rutherford, 1991. "Trade Liberalization in a Multinational-Dominated Industry: A Theoretical and Applied General-Equilibrium Analysis," NBER Working Papers 3679, National Bureau of Economic Research, Inc.
- repec:fth:michin:272 is not listed on IDEAS
- Markusen, James R. & Venables, Anthony J., 1988.
"Trade policy with increasing returns and imperfect competition : Contradictory results from competing assumptions,"
Journal of International Economics,
Elsevier, vol. 24(3-4), pages 299-316, May.
- Markusen, James R. & Venables, Anthony J, 1986. "Trade Policy with Increasing Returns and Imperfect Competition: Contradictory Results from Competing Assumptions," CEPR Discussion Papers 120, C.E.P.R. Discussion Papers.
- Bresnahan, Timothy F & Reiss, Peter C, 1991.
"Entry and Competition in Concentrated Markets,"
Journal of Political Economy,
University of Chicago Press, vol. 99(5), pages 977-1009, October.
- Dixit, Avinash, 1984. "International Trade Policy for Oligopolistic Industries," Economic Journal, Royal Economic Society, vol. 94(376a), pages 1-16, Supplemen.
- Bartelsman, E.J. & Caballero, R.J. & Lyons, R.K., 1991.
"Short and Long Run Externalities,"
91-18, Columbia - Graduate School of Business.
- Irving B. Kravis & Robert E. Lipsey, 1989. "Technological Characteristics of Industries and the Competitiveness of the U.S. and its Multinational Firms," NBER Working Papers 2933, National Bureau of Economic Research, Inc.
- Caves, Richard E., 1985. "International trade and industrial organization: Problems, solved and unsolved," European Economic Review, Elsevier, vol. 28(3), pages 377-395, August.
- Robert E. Baldwin, 1991. "Empirical Studies of Commercial Policy," NBER Books, National Bureau of Economic Research, Inc, number bald91-1, Enero.
- Guifang Yang & Maskus, Keith E., 2003. "Intellectual property rights, licensing, and innovation," Policy Research Working Paper Series 2973, The World Bank.
- Pomfret, R., 1992. "International Trade Policy with Imperfect Competition," Princeton Studies in International Economics 17, International Economics Section, Departement of Economics Princeton University,.
- Helpman, E., 1989. "The Non-Competitive Theory Of International Trade And Trade Policy," Papers 18-89, Tel Aviv.
- Anne O. Krueger, 1990. "Theory and Practice of Commercial Policy: 1945-1990," NBER Working Papers 3569, National Bureau of Economic Research, Inc.
- Horstmann, Ignatius J. & Markusen, James R., 1986. "Up the average cost curve: Inefficient entry and the new protectionism," Journal of International Economics, Elsevier, vol. 20(3-4), pages 225-247, May.
- Helpman, Elhanan, 1984. "Increasing returns, imperfect markets, and trade theory," Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 7, pages 325-365 Elsevier.
When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:4042. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.