The Political Economy of Trade Policy
This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making.Sections and Contributors: - Market Distortions. T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman.- Trade and Income Distribution. Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols.- Perspectives on Political Economy. Robert E. Baldwin. Peter Diamond.- Models of Political Economy and Trade. Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay.
About the Editors
Robert C. Feenstra is Professor of Economics and C. Bryan Cameron Distinguished Chair in International Economics at the University of California, Davis. He directs the International Trade and Investment Program at the NBER and is the author of Advanced International Trade: Theory and Evidence and Offshoring in the Global Economy: Microeconomic Structure and Macroeconomic Implications (MIT Press, 2010).
Gene M. Grossman is Jacob Viner Professor of International Economics and Director of the International Economics Section at Princeton University.
Douglas A. Irwin is Professor of Economics at Dartmouth College. He is the author of Free Trade under Fire, Peddling Protectionism: Smoot-Hawley and the Great Depression, and other books.
—Richard N. Cooper, Maurits C. Boas Professor of International Economics, Harvard University; Chairman, National Intelligence Council
—Stephen P. Magee, Bayless Professor of Economics and Finance, University of Texas at Austin
—Charles P. Kindleberger, Ford International Professor of Economics, MIT, Emeritus
—Edward E. Leamer, Chauncey J. Medberry Professor,Anderson School, UCLA
—Pranab Bardhan, Professor of Economics, University of Californiaat Berkeley