Reading/Lecture List
Economics 240A
Graduate Trade – Fall 2007
Books:
Feenstra, Robert, 2004,
Advance International Trade, Princeton University
Press.
This book is available at the Bay Tree bookstore.
Other books that you might find useful:
Helpman, E. and P. Krugman, 1985, Market Structure and Foreign Trade, MIT
(denoted by HK below)
Bhagwati, J., A. Panagariya and T. N. Srinivasan,
1998, Lectures on International Trade, MIT (denoted
by BPS below)
Dixit, Avinash K. and
Victor Norman 1980 Theory of International Trade, London: Cambridge
University
Press
These are often a good source of information on specific sub-fields of
trade:
Jones, R. and P. Kennen. 1984, Handbook of
International Economics, Vols. 1 and 2. North-Holland
Grossman, G. and K. Rogoff, 1995, Handbook of International Economics, Vol. 3.
North-Holland.
Sometimes a good advanced undergraduate textbook is helpful. I recommend:
Mikic, Mia,
“International Trade”, St. Martin’s Press
Reading:
As I figure out what is the appropriate amount to cover in
each class, this list will adjust. The
following are required readings. Along
with other papers mentioned in class, the Feenstra
text is a good place to find other papers.
One-factor ricardian-type models (roughly two weeks):
Dornbusch, Rudiger, Stanley
Fischer, and Paul A. Samuelson 1977 "Comparative Advantage, Trade, and
Payments in a Ricardian Model with a Continuum of
Goods," American Economic Review 67, pp. 823-839.
Deardorff, Alan V. 1980 "The General Validity of the
Law of Comparative Advantage," Journal of Political Economy 88,
(October), pp. 941­957
Daniel M. Bernhofen and John C.
Brown, A Direct Test of the Theory of Comparative:Advantage: The Case of Japan
Ethier, W. "Decreasing Costs in International Trade
and Frank Graham’s Argument for Protection", Econometrica
1982
Factor proportions (roughly three weeks):
Theory:
Feenstra: Chapters 1-3
Jones,
Ronald W. 1965 "The Structure of Simple General Equilibrium Models," Journal
of Political Economy, (December), pp. 557-572
Neary J. Peter 1978 "Short;Run
Capital Specificity and the Pure Theory of International Trade," Economic
Journal 88, (September), pp. 488-510;
Evidence:
Leamer, Edward E. 1980 "The Leontief Paradox,
Reconsidered," Journal of Political Economy 88, (June), pp.
495-503;
Trefler, Daniel 1995 "The Case of the Missing Trade
and Other Mysteries," American Economic Review 85, (December), pp.
1029-1046.
Donald R. Davis and David
E. Weinstein, An
Account of Global Factor Trade, NBER working paper 6785
New trade theory - core (Nov 5th,
7th)
Feenstra: Chapters 5
Krugman, Paul R. 1979 "Increasing Returns,
Monopolistic Competition, and International Trade," Journal of
International Economics 9, pp. 469­479
Krugman, Paul R. 1980 "Scale Economies, Product
Differentiation, and the Pattern of Trade," American Economic Review
70, (December), pp. 950-959
Melitz, Marc, “The Impact of Trade on Intra-Industry
Reallocations and Aggregate Industry Productivity”, Econometrica,
Vol. 71, November 2003, pp. 1695-1725.
Melitz, Marc and Gianmarco Ottaviano, “Market Size, Trade and Productivity”, Review
of Economics Studies, forthcoming
Trade Policy (November 14th, 16th,
19th):
Feenstra: Chapter 9
Mayer,
Wolfgang, Endogenous Tariff Formation, The
American Economic Review, Vol. 74, No. 5. (Dec., 1984),
pp. 970-985.
Eaton,
J. and G. Grossman, 1986, "Optimal Trade and Industrial Policy under
Oligopoly" Quarterly Journal of Economics, 101: 383-406
Grossman,
G. and E. Helpman 1994 "Protection for
Sale", American Economic Review, Sept
Applications/Extensions/Homeworks (as time permits):
Feenstra: Chapter 10
Greenwald,
Bruce and Joseph Stiglitz, “Helping Infant Economies
Grow: Foundations of trade policies for
developing countries”, American Economic Review Papers and Proceedings
Rivera-Batiz, L. and P. Romer 1991
" Economic Integration and Endogenous Growth" Quarterly Journal of
Economics, May
Rudiger Dornbusch; Stanley
Fischer; Paul A. Samuelson, “Heckscher-Ohlin
Trade Theory with a Continuum of Goods”, The
Quarterly Journal of Economics, Vol. 95, No. 2. (Sep., 1980),
pp. 203-224.
Feenstra,
Robert C. and Gordon Hanson, “Foreign investment, outsourcing, and relative
wages”, NBER Working paper No. 5121
Helpman, Elhanan 1984 "A Simple Theory of
International Trade with Multinational Corporations," Journal of
Political Economy 92 (June), pp. 451­471
Krugman, Paul R. 1991 "Increasing Returns and Economic
Geography," Journal of Political Economy 99, pp. 483-499.
Ottaviano, Tabuchi, and Thisse, “Agglomeration and Trade Revisited”, International
economic review, May 2002
Maggi, G., 1996,
"Strategic Trade Policies with Endogenous Mode of Competition", American
Economic Review, 86: 237-258.