This book surveys recent theories of the structure of trade in the light of recent advances in applied econometrics. Unlike most existing literature, Imperfect Competition and International Commodity Trade concentrates on the major exports of developing rather than industrialized countries and a general theoretical framework is developed for commodity trade, its empirical validity is tested, and alternative trade policies are assessed. This study will be of particular significance to international trade economists, researchers in trade theory and relations, and econometricians.
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"The book has much to offer researchers on commodity trade. The emphasis on dynamic issues, on transmission mechanisms, and on product differentiation, as well as the careful analysis make it extremely useful."--Journal of Economic Literature
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