The economic principles that underpin international trade, and the many associated issues and controversies that this evergreen topic generates, are dizzying in their complexity. Now, to help advanced students and researchers make sense of an enormous—and growing—corpus of scholarship, Routledge announces International Trade, a new addition to its acclaimed Critical Concepts in Economics series. Edited by Bharat Hazari and Yin Wong Cheung, this four-volume set is a ‘mini library’ that brings together the foundational and the very best cutting-edge research.
Furnished with a comprehensive introduction, newly written by the editors, which places the assembled materials in their historical and intellectual context, International Trade is an essential collection and is certain to be recognized as a vital one-stop resource.
Volume I
Part 1: Ricardian Model
1. R. A. Edwin Seligman and Jacob H. Hollander, ‘Ricardo and Torrens’, Economic Journal, 1911, 21, 448–68.
2. Piero Sraffia, ‘An Alleged Correction of Ricardo’, Quarterly Journal of Economics, 1930, 44, 539–45.
3. David Ricardo, ‘On Foreign Trade’, [1817] in On the Principles of Political Economy and Taxation, ed. P. Sraffa (The Works and Correspondence of David Ricardo, Vol. 1) (Cambridge University Press, 1951), pp. 85–103.
4. Gary Becker, ‘A Note on Multi-Country Trade’, American Economic Review, 1952, 42, 558–68.
5. R. Dornbusch, S. Fischer, and P.A. Samuelson, ‘Comparative Advantage, Trade and Payments in a Ricardian Model with a Continuum of Goods’, American Economic Review, 1977, 67, 823–39.
6. Charles A. Wilson, ‘On the General Structure of Ricardian Models with a Continuum of Goods: Applications to Growth, Tariff Theory, and Technical Change’, Econometrica, 1980, 48, 1675–702.
7. Jonathan Eaton and Samuel Kortum, ‘Technology, Geography, and Trade’, Econometrica, 2002, 70, 1741–79.
Part 2: Heckscher-Ohlin Model
8. Wassily W. Leontief, ‘The Use of Indifference Curves in the Analysis of Foreign Trade’, Quarterly Journal of Economics, 1933, 47, 493–503.
9. Wolfgang F. Stolper and Paul A. Samuelson, ‘Protection and Real Wages’, Review of Economic Studies, 1941, 9, 58–73.
10. Paul A. Samuelson, ‘International Trade and the Equalisation of Factor Prices’, Economic Journal, 1948, 58, 163–84.
11. Paul A. Samuelson, ‘International Factor Price Equalisation Once Again’, Economic Journal, 1949, 59, 181–97.
12. Eli F. Heckscher, ‘The Effect of Foreign Trade on the Distribution of Income’, trans. A. Kalckar and S. Laursen, in H. S. Ellis and L. A. Metzler (eds.), Readings in the Theory of International Trade (Blakiston, 1949), pp. 39–69.
13. Paul A. Samuelson, ‘Prices of Factors and Goods in General Equilibrium’, Review of Economic Studies, 1953–4, 21, 1–20.
14. T. N. Rybczynski, ‘Factor Endowment and Relative Commodity Prices’, Economica, 1955, 22, 336–41.
15. Paul A. Samuelson, ‘Social Indifference Curves’ Quarterly Journal of Economics, 1956, 70, 1–22.
16. Jagdish Bhagwati, ‘Protection, Real Wages and Real Incomes’, Economic Journal, 1959, 69, 733–48.
17. Bagicha S. Minhas, ‘The Homohypallagic Production Function, Factor Intensity Reversals, and the Heckscher-Ohlin Theorem’, Journal of Political Economy, 1962, 70, 138–56.
18. Alan V. Deardorff and Robert W. Staiger, ‘An Interpretation of the Factor Content of Trade’, Journal of International Economics, 1988, 24, 93–107.
Volume II
Part 3: Gains from Trade
19. Paul A. Samuelson, ‘The Gains from International Trade’, Canadian Journal of Economics and Political Science, 5, May 1939, 195–205.
20. Jagdish Bhagwati, ‘The Gains from Trade Once Again’, Oxford Economic Papers, 1968, 20, 137–48.
21. Paul A. Samuelson, ‘The Gains from International Trade Once Again’, Economic Journal, 1962, 72, 820–9.
22. A. K. Dixit and V. Norman, ‘International Equilibrium and the Gains from Trade’, Theory of International Trade (Cambridge University Press, 1980), pp. 65–92.
23. David M. G. Newbery and Joseph E. Stiglitz, ‘Pareto Inferior Trade’, Review of Economic Studies, 1984, 51, 1, 1–12.
Part 4: Tariffs
24. T. de Scitovsky, ‘A Reconsideration of the Theory of Tariffs’, Review of Economic Studies 1942, 9, 89–110.
25. A. P. Lerner, ‘The Symmetry Between Import and Export Taxes’, Economica, N.S., 1936, 3, 306–13.
26. Lloyd A. Metzler, ‘Tariffs, the Terms of Trade and the Distribution of National Income’, Journal of Political Economy, 1949, 57, 1–29.
27. Harry G. Johnson, ‘Optimum Tariffs and Retaliation’, Review of Economic Studies, 1954, 142–53.
28. Harry G. Johnson, ‘The Cost of Protection and the Scientific Tariff’, Journal of Political Economy, 1960, 68, 327–45.
29. Jagdish Bhagwati and Harry G. Johnson, ‘Notes on Some Controversies in the Theory of International Trade’, Economic Journal, 1960, 70, 74–93.
30. Jagdish Bhagwati and Harry G. Johnson, ‘A Generalised Theory of the Effects of Tariffs on the Terms of Trade’, Oxford Economic Papers, N.S., 1961, 13, 225–53.
31. W. M. Corden, ‘The Structure of a Tariff System and the Effective Protective Rate’, Journal of Political Economy, 1966, 74, 221–37.
32. V. K. Ramaswami and T. N. Srinivasan, ‘Tariff Structure and Resource Allocation in the Presence of Factor Substitution’, in Jagdish N. Bhagwati, Ronald W. Jones, Robert A. Mundell, and Jaroslav Vanek (eds.), Trade, Balance of Payments and Growth: Papers in International Economics in Honor of Charles P. Kindleberger (North-Holland, 1971), pp. 291–9.
33. Jagdish N. Bhagwati and T. N. Srinivasan, ‘The General Equilibrium Theory of Effective Protection and Resource Allocation’, Journal of International Economics, 1973, 3, 259–81.
34. Michael Mussa, ‘Tariffs and the Distribution of Income: The Importance of Factor Specificity, Substitutability and Intensity in the Short and Long Run’, Journal of Political Economy, 1974, 82, 6, 1191–203.
35. Jagdish N. Bhagwati, ‘Lobbying and Welfare’, Journal of Public Economics, 1980, 14, 355–63.
36. Jagdish N. Bhagwati and T. N. Srinivasan, ‘Revenue Seeking: A Generalization of the Theory of Tariffs’, Journal of Political Economy, 1980, 88, 1069–87.
Part 5: Political Economy of Tariffs
37. Gordon Tullock, ‘The Welfare Costs of Tariffs, Monopolies and Theft’, Economic Inquiry, 1967, 5, 3, 224–32.
38. Anne O. Krueger, ‘The Political Economy of the Rent Seeking Society’, American Economic Review, 1974, 64, 3, 291–303.
39. William A. Brock and Stephen P. Magee, ‘The Economics of Special-Interest Politics: The Case of the Tariff’, American Economic Review, 1978, 68, 2, 246–50.
40. Richard A. Brecher and Jagdish N. Bhagwati, ‘Foreign Ownership and the Theory of Trade and Welfare’, Journal of Political Economy, 1981, 89, 3, 497–511.
41. Jagdish N. Bhagwati, ‘Directly Unproductive, Profit-Seeking (DUP) Activities’, Journal of Political Economy, 1982, 90, 5, 988–1002.
42. Gene M. Grossman and Elhanan Helpman, ‘Protection for Sale’, American Economics Review, 1994, 84, 4, 833–50.
43. Gene M. Grossman and Elhanan Helpman, ‘The Politics of Free Trade Agreements’, American Economic Review, 1995, 85, 4, 667–90.
Volume III
Part 6: Trade and Distortions
44. Wassily Leontief, ‘Note on the Pure Theory of Capital Transfer’, in H. S. Ellis and L. A. Metzler (eds.), Explorations in Economics: Notes and Essays Contributed in Honour of F. W. Taussig (Blakiston, 1949), pp. 84–91.
45. Gottfried Haberler, ‘Some Problems in the Pure Theory of International Trade’, Economic Journal, 1950, 60, 223–40.
46. Paul A. Samuelson, ‘The Transfer Problem and Transportation Costs: The Terms of Trade When Impediments are Absent’, Economic Journal, 1952, 62, 278–304.
47. Jagdish Bhagwati, ‘Immiserizing Growth: A Geometric Note’, Review of Economic Studies, 1958, 25, 201–5.
48. Jagdish Bhagwati and V. K. Ramaswami, ‘Domestic Distortions, Tariffs and the Theory of Optimum Subsidy’, Journal of Political Economy, 1963, 71, 44–50.
49. Jagdish N. Bhagwati, ‘Distortions and Immiserizing Growth: A Generalization’, Review of Economic Studies, 1968, 35, 481–5.
50. Jagdish N. Bhagwati, ‘Optimal Policies and Immiserizing Growth’, American Economic Review, 1969, 59, 967–70.
51. Jagdish Bhagwati, V. K. Ramaswami, and T. N. Srinivasan, ‘Domestic Distortions, Tariffs and the Theory of Optimum Subsidy: Some Further Results’, Journal of Political Economy, 1969, 77, 1005–10.
52. John R. Harris and Michael P. Todaro, ‘Migration, Unemployment and Development: A Two-Sector Analysis’, American Economic Review, 1970, 60, 126–42.
53. Jagdish N. Bhagwati, ‘The Generalized Theory of Distortions and Welfare’, in Jagdish N. Bhagwati, Ronald W. Jones, Robert A. Mundell, and Jaroslav Vanek (eds.), Trade, Balance of Payments and Growth: Papers in International Economics in Honor of Charles P. Kindleberger (North-Holland, 1971), pp. 1–32.
54. Jagdish N. Bhagwati and T.N. Srinivasan, ‘The Theory of Wage Differentials: Production Response and Factor Price Equalisation’, Journal of International Economics, 1971, 1, 19–35.
55. Jagdish Bhagwati and Bent Hansen, ‘A Theoretical Analysis of Smuggling’, Quarterly Journal of Economics, 1973, 87, 172–87.
56. Jagdish N. Bhagwati and T.N. Srinivasan, ‘On Reanalyzing the Harris-Todaro Model: Policy Ranking in the Case of Sector-Specific Sticky Wages’, American Economic Review, 1974, 64, 502–8.
57. Richard A. Brecher, ‘Minimum Wage Rates and the Pure Theory of International Trade’, Quarterly Journal of Economics, 1974, 88, 98–116.
58. Bharat R. Hazari, ‘Factor Market Distortions and Gains From Trade Revisited’, Review of World Economics, 1974, 110, 413–29.
59. Bharat R. Hazari, ‘Factor Market Distortions, Technical Progress, and Trade’, Oxford Economic Papers, 1975, 27, 47–60.
60. Bharat R. Hazari, ‘The Theory of Wage Differentials, Induced Technical Progress and the Pure Theory of International Trade’, Review of World Economics, 1978, 114, 146–59.
61. J. Peter Neary, ‘Short-Run Capital Specificity and the Pure Theory of International Trade’, Economic Journal, 1978, 88, 488–510.
62. Jagdish N. Bhagwati, Richard A. Brecher, and Tatsuo Hatta, ‘The Generalized Theory of Transfers and Welfare: Bilateral Transfers in a Multilateral World’, American Economic Review, 1983, 73, 606–18.
63. Donald R. Davis, ‘Does European Unemployment Prop Up American Wages? National Labour Markets and Global Trade’, American Economic Review, 1998, 88, 3, 478–94.
64. Manmohan Lal Agarwal, Bharat Hazari and Cheuk-Yin Ho, ‘Real Minimum Wage and Growth Theory: Simulations and Some Policy Results’, Journal of Economic Policy Reform, 2007, 10, 3, 163–76.
65. Bharati Basu and Bharat R. Hazari, ‘Regional Inequality and Immiserization’, Journal of Economic Policy Reform, 2008, 11, 3, 201–13.
Part 7: Non-Traded Goods and the Pure Theory of International Trade
66. Ryutaro Komiya, ‘Non-Traded Goods and the Pure Theory of International Trade’, International Economic Review, 1967, 8, 132–52.
67. Bharat R. Hazari, Pasquale M. Sgro, and Dong C. Suh, ‘A Simple Geometrical Treatment of Non-Traded Goods in the Pure Theory of International Trade’, Keio Economic Studies, 1979, 17, 91–104.
68. Chi-Chur Chao, Bharat R. Hazari, Jean-Pierre Laffargue, and Eden S. H. Yu, ‘Is Free Trade Optimal for a Small Open Economy with Tourism?’, in T. Kamhiagashi and L.Zhao (eds.), International Trade and Economic Dynamics: Essays in Memory of Koji Shimomura (Springer-Verlag, 2009), pp. 49–62.
Part 8: Growth, Trade and Migration
69. H. Oniki and H. Uzawa, ‘Patterns of Trade and Investment in a Dynamic Model of International Trade’, Review of Economic Studies, 1965, 32, 15–38.
70. R. Albert Berry and Ronald Soligo, ‘Some Welfare Aspects of International Migration’, Journal of Political Economy, 1969, 77, 778–94.
71. V. K. Ramaswami, ‘International Factor Movement and the National Advantage’, Economica, 1968, 35, 309–10.
72. Alan V. Deardorff, ‘Trade Reversals and Growth Stability’, Journal of International Economics, 1974, 4, 83–90.
73. Jagdish N. Bhagwati, and T. N. Srinivasan, ‘On the Choice Between Capital and Labour Mobility’, Journal of International Economics, 1983, 14, 209–21.
74. Chi-Chur Chao, Bharat R. Hazari and Jean-Pierre Laffargue, ‘Congestion and Optimal Immigration Policy’, Review of Development Economics, 2013, 17, 1, 88–104.
Volume IV
Part 9: Monopolistic Competition
75. Wilfred J. Ethier, ‘Internationally Decreasing Costs and World Trade’, Journal of International Economics, 1979, 9, 1–24.
76. Paul R Krugman, ‘Increasing Returns, Monopolistic Competition and International Trade’, Journal of International Economics, 1979, 9, 469–79.
77. Paul R. Krugman, ‘Scale Economies, Product Differentiation, and the Pattern of Trade’, American Economic Review, 1980, 70, 5, 950–9.
78. Kelvin Lancaster, ‘Intra-Industry Trade Under Perfect Monopolistic Competition’, Journal of International Economics, 1980, 10, 151–75.
79. Elhanan Helpman, ‘International Trade in the Presence of Product Differentiation, Economies of Scale, and Monopolistic Competition: A Chamberlin-Heckscher-Ohlin Approach’, Journal of International Economics, 1981, 11, 305–40.
80. Paul R. Krugman, ‘Intraindustry Specialization and the Gains from Trade’, Journal of Political Economy, 1981, 89, 959–73.
81. James A. Brander and Barbara J. Spencer, ‘Tariffs and the Extraction of Foreign Monopoly Rents Under Potential Entry’, Canadian Journal of Economics, 1981, 14, 371–89.
82. James Brander and Paul Krugman, ‘A "Reciprocal Dumping" Model of International Trade’, Journal of International Economics, 1983, 15, 313–23.
83. Paul Krugman, ‘Increasing Returns and Economic Geography’, Journal of Political Economy, 1991, 99, 483–99.
84. Donald R. Davis and David E. Weinstein, ‘Bones, Bombs and Break Points: The Geography of Economic Activity’, American Economic Review, 2002, 92, 1269–89.
Part 10: A New Look at Customs Union Theory
85. R. G. Lipsey, ‘The Theory of Customs Unions: A General Survey’, Economic Journal, 1960, 70, 496–513.
86. Takashi. Negishi, ‘The Customs Union and the Theory of Second Best’, International Economic Review, 1969, 10, 391–8.
87. Murray C. Kemp and Henry Y. Wan Jr., ‘An Elementary Proposition Concerning the Formation of Customs Unions’, Journal of International Economics, 1976, 6, 695–7.
88. Jagdish Bhagwati and Arvind Panagariya, ‘The Theory of Preferential Trade Agreements: Historical Evolution and Current Trends’, American Economic Review, 1995, 86, 82–7.
89. Gene M. Grossman and Elhanan Helpman, ‘The Politics of Free Trade Agreements’, American Economic Review, 1995, 85, 667–90.
