This paper provides a critical look at recent empirical work in international trade theory. The paper addresses the issue of why empirical work in international trade has perhaps not been as influential as it could have been. The paper also provides several suggestions on directions for future...

This paper provides a critical look at recent empirical work in international trade theory. The paper addresses the issue of why empirical work in international trade has perhaps not been as influential as it could have been. The paper also provides several suggestions on directions for future...

This chapter focuses on the international trade theory. It discusses the Ricardian and the RicardoViner models. These models point to technological differences as the source of international comparative advantage. A simple Ricardian model has one input, labor, which is assumed to be mobile...