Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International Economy

by Elhanan Helpman, Paul Krugman

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Product Description
Market Structure and Foreign Trade presents a coherent theory of trade in the presence of market structures other than perfect competition. The theory it develops explains trade patterns, especially of industrial countries, and provides an integration between trade and the role of multinational enterprises.

Relating current theoretical work to the main body of trade theory, Helpman and Krugman review and restate known results and also offer entirely new material on contestable markets, oligopolies, welfare, and multinational corporations, and new insights on external economies, intermediate inputs, and trade composition.

Elhanan Helpman is Professor of Economics at Tel Aviv University. Paul Krugman is Professor of Economics at MIT

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Average Customer Review: 5 out of 5 stars

8 of 9 people found the following review helpful:

5 out of 5 stars

Unavoidable, 2000-06-22
If you want an introduction to international economics this book is not what you would want. If, on the other hand, you need both the key concepts of classical trade theory and a comprehensive overview of the issues of new trade theory, all nice and neat in unified notation, this book is a must.

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