Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics
This paper reviews the scientific contributions of Paul Krugman to the study of international trade, on the occasion of his receipt of the 2008 Nobel Memorial Prize in Economics. A simplified exposition is presented of some of his principal findings, including: the effects of trade on firm scale an...
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Format: | Working paper |
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University of Oxford
2009
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author | Neary, P |
author_facet | Neary, P |
author_sort | Neary, P |
collection | OXFORD |
description | This paper reviews the scientific contributions of Paul Krugman to the study of international trade, on the occasion of his receipt of the 2008 Nobel Memorial Prize in Economics. A simplified exposition is presented of some of his principal findings, including: the effects of trade on firm scale and product diversity in a general model of monopolistic competition; the integration of monopolistic competition with factor endowments theory; the implications of transport costs, including home-market effects and the possibility of agglomeration in models of economic geography; and the positive and normative consequences of oligopolistic trade. |
first_indexed | 2024-03-07T00:51:44Z |
format | Working paper |
id | oxford-uuid:86a240f4-c214-4f82-919f-93480e84fb64 |
institution | University of Oxford |
last_indexed | 2024-03-07T00:51:44Z |
publishDate | 2009 |
publisher | University of Oxford |
record_format | dspace |
spelling | oxford-uuid:86a240f4-c214-4f82-919f-93480e84fb642022-03-26T22:05:16ZPutting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in EconomicsWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:86a240f4-c214-4f82-919f-93480e84fb64Bulk import via SwordSymplectic ElementsUniversity of Oxford2009Neary, PThis paper reviews the scientific contributions of Paul Krugman to the study of international trade, on the occasion of his receipt of the 2008 Nobel Memorial Prize in Economics. A simplified exposition is presented of some of his principal findings, including: the effects of trade on firm scale and product diversity in a general model of monopolistic competition; the integration of monopolistic competition with factor endowments theory; the implications of transport costs, including home-market effects and the possibility of agglomeration in models of economic geography; and the positive and normative consequences of oligopolistic trade. |
spellingShingle | Neary, P Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title | Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title_full | Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title_fullStr | Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title_full_unstemmed | Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title_short | Putting the "new" into new trade theory: Paul Krugman's Nobel Memorial Prize in Economics |
title_sort | putting the new into new trade theory paul krugman s nobel memorial prize in economics |
work_keys_str_mv | AT nearyp puttingthenewintonewtradetheorypaulkrugmansnobelmemorialprizeineconomics |