Empirical Methods in International Trade

Internationalization of the world economy has made trade a key factor in the growth potential of nearly every nation's economy. Hence, economists have become increasingly interested in the determinants of international trade and competitiveness. Empirical Methods in International Trade captures the many aspects of this trend in globalization through practical techniques well-founded in economic theory.The authors, comprising some of the most influential applied international economists of their generation, use cutting-edge models to develop empirical approaches to critical aspects of economic interchange. These approaches are developed and explained carefully with the goal of making them accessible to a wide audience. Topics include: inter alia, labor markets and trade, regional economic integration, measures of national competitiveness and export similarity, aspects of the WTO and NAFTA, trade pattern persistence, trade in services, and various case studies applied to East Asia. Professors and students of international economics will find this volume a valuable addition to their library, as will policymakers dealing with economic issues of international scope.