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Theory of International Trade: A Dual, General Equilibrium Approach
Abstract
This book expounds trade theory emphasizing that a trading equilibrium is general rather than partial, and is often best modelled using dual or envelope functions. This yields a compact treatment of standard theory, clarifies some errors and confusions, and produces some new departures. In particular, the book (i) gives unified treatments of comparative statics and welfare, (ii) sheds new light on the factor-price equalization issue, (iii) treats the modern specific-factor model in parallel with the usual Heckscher-Ohlin one, (iv) analyses the balance of payments in general equilibrium with flexible and fixed prices, (v) studies imperfect competition and intra-industry trade.
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Citations
Cited by
Economic Origins of Dictatorship and Democracy
Acemoglu, D., & Robinson, J. A. (2005) · doi:10.1017/cbo9780511510809 · Cited by 4,810
Estimates of the Trade and Welfare Effects of NAFTA
Caliendo, L., & Parro, F. (2015) · The Review of Economic Studies · doi:10.1093/restud/rdu035 · Cited by 1,518
Fajgelbaum, P. D., Goldberg, P. K., Kennedy, P. J., & Khandelwal, A. K. (2020) · The Quarterly Journal of Economics · doi:10.1093/qje/qjz036 · Cited by 1,030
Comparative Advantage and Heterogeneous Firms
BERNARD, A. B., REDDING, S. J., & SCHOTT, P. K. (2007) · Review of Economic Studies · doi:10.1111/j.1467-937x.2007.00413.x · Cited by 958
Metadata
- Authors
- Dixit, A., & Norman, V.
- Venue
- Cambridge University Press eBooks
- Publisher
- Cambridge University Press
- Published
- 1980-09-30
- OpenAlex
- W1548599196
- Cited by
- 952
- References
- 0
- FWCI
- 13.29
- Type
- book
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Theory of International Trade: A Dual, General Equilibrium Approach. https://app.cochat.ai/papers/10.1017/cbo9780511628627
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- Dixit, A., & Norman, V. (1980). Theory of International Trade: A Dual, General Equilibrium Approach. Cambridge University Press eBooks. https://doi.org/10.1017/cbo9780511628627
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.