This book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers.?
CHAPTER 1: Introduction
PART A : Developments in Trade Theory, Gravity Modeling and Its Applications
CHAPTER 2: Developments in International Trade Theory and Gravity Modelling
CHAPTER 3: Revisiting Strategic Trade Theory
CHAPTER 4: A Model of International Entry and Exit with Endogenous Sunk Costs in Vertical Markets
CHAPTER 5: Trade Growth Accounting in Goods and Services: An Empirical Exercise
CHAPTER 6: Calculation of Ad Valorem Equivalents of Non-Tariff Barriers: A Case Study of 16 RCEP Countries
CHAPTER 7: Bilateral Trade Costs and Growth of Trade in Services: A Comparative Study of India and China
PART B : Some Applications of General Equilibrium Analysis
CHAPTER 8: Theoretical Exposition of Some Ex-Ante Approaches to Assess the Proposed Trade Policy
CHAPTER 9: Assessment of Impact of Food-Safety Measures on Exports: A Gravity l£U