An elegant synthesis of key research on the globalization of production and its relation to wage movements.In the early 1990s, trade and labor economists, noting the fall in wages for low-skilled workers relative to high-skilled workers, began to debate the impact of trade on wages. This debate―which led to a sometimes heated exchange on the role of trade versus the role of technological change in explaining wage movements―continues today, with the focus now shifting to workers in the middle of the wage distribution. In Offshoring in the Global Economy, noted economist Robert Feenstra offers a synthesis of fifteen years of research―linking his own work to related research by others―on the globalization of production and its relation to wage movements. Feenstra first contrasts the views of trade economists Paul Krugman and Edward Leamer, who both relied (to different ends) on the Heckscher–Ohlin model. He then examines the new type of trade models focusing on the transfer of production processes across countries. Feenstra suggests a new calculation of the factor content of trade that demonstrates the durability of the Heckscher–Ohlin model. Feenstra then examines the macroeconomics of offshoring, focusing on business cycle volatility, prices, and productivity. Finally, he discusses the broader implications of both empirical and theoretical work on offshoring and suggests directions for future research.

Offshoring in the Global Economy: Microeconomic Structure and Macroeconomic Implications (Ohlin Lectures)

Business & Money

Feenstra, Robert C.

Industries

Mit Pr

The result of a collaboration between a leading trade economist and a leading economic sociologist specializing in East Asia, this volume offers an original explanation of the development paths of post-World War II Korea and Taiwan. that attempts to reshape the way economists, sociologists, and political scientists will think about economic organization in the future. One of the principal empirical findings, within their theory of how capitalist economies become organized, is that a primary cause for the industrialization of East Asia is the retail revolution in the United States and the demand-responsiveness of Asian manufacturers.

Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan (Structural Analysis in the Social Sciences, Series Number 29)

Hamilton, Gary G.

Economics

Cambridge University Press

Advanced International Trade is the first major graduate textbook in international trade in a generation. Trade is a cornerstone concept in economics, taught in all departments both in the United States and abroad. The past twenty years have seen a number of new theoretical approaches that are essential to any graduate international trade course, and will be of interest in development economics and other fields. Here, Robert Feenstra steps beyond theory to consider empirical evidence as well. He covers all the basic material including the Ricardian and Hecksher-Ohlin models, extension to many goods and factors, and the role of tariffs, quotas, and other trade policies; recent material including imperfect competition, outsourcing, political economy, multinationals, and endogenous growth; and new material including the gravity equation and the organization of the firm in international trade.
Throughout the book, special emphasis is placed on integrating the theoretical models with empirical evidence, and this is supplemented by theoretical and empirical exercises that appear with each chapter. Advanced International Trade is intended to bring readers to the forefront of knowledge in international trade and prepare them to undertake their own research. Both graduate students and faculty will find a wealth of topics that have previously only been covered in journal articles, and are dealt with here in a common and simple notation. In addition to known results, the book includes some particularly important unpublished results by various authors. Two appendices describe empirical methods applicable to research problems in international trade, methods that draw on (i) index numbers and (ii) discrete choice models. Thoroughly up-to-date and marked by clear, straightforward prose, this book will be used widely--and enthusiastically.

Advanced International Trade: Theory and Evidence

International

Princeton University Press

Trade is a cornerstone concept in economics worldwide. This updated second edition of the essential graduate textbook in international trade brings readers to the forefront of knowledge in the field and prepares students to undertake their own research. In Advanced International Trade, Robert Feenstra integrates the most current theoretical approaches with empirical evidence, and these materials are supplemented in each chapter by theoretical and empirical exercises.
Feenstra explores a wealth of material, such as the Ricardian and Heckscher-Ohlin models, extensions to many goods and factors, and the role of tariffs, quotas, and other trade policies. He examines imperfect competition, offshoring, political economy, multinationals, endogenous growth, the gravity equation, and the organization of the firm in international trade. Feenstra also includes a new chapter on monopolistic competition with heterogeneous firms, with many applications of that model. In addition to known results, the book looks at some particularly important unpublished results by various authors. Two appendices draw on index numbers and discrete choice models to describe methods applicable to research problems in international trade.
Completely revised with the latest developments and brand-new materials, Advanced International Trade is a classic textbook that will be used widely by students and practitioners of economics for a long time to come. 
<ul>
<li>Updated second edition of the essential graduate textbook</li>
<li>Current approaches and a new chapter on monopolistic competition with heterogeneous firms</li>
<li>Supplementary materials in each chapter</li>
<li>Theoretical and empirical exercises</li>
<li>Two appendices describe methods for international trade research</li>
</ul>

Advanced International Trade: Theory and Evidence - Second Edition

Combining classic international economics with straight-from-the-headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with new topic areas and new ideas that have emerged from recent empirical studies. Like no other textbook it brings cutting-edge theory, evidence, and policy analysis to the field of international economics. International Economics is available as a complete textbook or in two split volumes: International Trade and International Macroeconomics.

International Economics

Taylor, Alan M.

Worth Publishers

The result of a collaboration between a leading trade economist and a leading economic sociologist specializing in East Asia, this volume offers an original explanation of the development paths of post-World War II Korea and Taiwan. that attempts to reshape the way economists, sociologists, and political scientists will think about economic organization in the future. One of the principal empirical findings, within their theory of how capitalist economies become organized, is that a primary cause for the industrialization of East Asia is the retail revolution in the United States and the demand-responsiveness of Asian manufacturers.

Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan (Structural Analysis in the Social Sciences, 29)

Essentials of International Economics & LaunchPad access card (6 Month)

Developed in the classroom by two of the most prominent researchers in the field, Feenstra and Taylor’s International Economics uses engaging applications to provide a modern view of the global economy for a modern audience. Most international economics textbooks emphasize theory and the economies of advanced countries. Feenstra and Taylor combine theoretical coverage with empirical evidence throughout, while reflecting the realities of the global economy by covering emerging markets and developing countries (India, China, Southeast Asia). The new edition has been thoroughly updated to include new data and Applications, as well as many new Headlines to reflect the rapid changes in international economics during the last three years. The 4th Edition includes the latest on opening relations with Cuba, immigration and Europe’s refugee crisis, the effect of NAFTA on wages and employment, job polarization, quicksourcing, China’s problems, and the debate in Britain about leaving the European Union. A modern textbook requires a modern and integrated homework system. LaunchPad offers our acclaimed content organized for easy assignability by instructors and enhanced learning for students.

Providing a modern view of today's economy you can relate to, International Macoeconomics combines theoretical coverage with empirical evidence to help you understand the realities of a global economy from established to emerging markets.

International Macroeconomics

Providing a modern view today's economy you can relate to, International Trade shares the realities of a global econmomy through real-world situations from relations with Cuba to Europe's refugee crisis, to how NAFTA effects wages and employment and more.

International Trade

See the best price to sell, buy, or rent books by Feenstra, Robert C.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Feenstra, Robert C.

See the best price to sell, buy, or rent books by Feenstra, Robert C.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Offshoring in the Global Economy: Microeconomic Structure and Macroeconomic Implications (Ohlin Lectures)

Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan (Structural Analysis in the Social Sciences, Series Number 29)

Advanced International Trade: Theory and Evidence

Advanced International Trade: Theory and Evidence - Second Edition

International Economics

Emergent Economies, Divergent Paths: Economic Organization and International Trade in South Korea and Taiwan (Structural Analysis in the Social Sciences, 29)

Essentials of International Economics & LaunchPad access card (6 Month)

International Economics

International Macroeconomics

International Trade