Putting the "New" into New Trade Theory: Paul Krugman's Nobel Memorial Prize in Economics

J. Peter Neary

No 7231, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Economic geography; Imperfect competition; Intra-industry trade; Monopolistic competition; Oligopoly and trade; Product differentiation (search for similar items in EconPapers)
JEL-codes: F12 (search for similar items in EconPapers)
Date: 2009-03
New Economics Papers: this item is included in nep-hpe and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
https://cepr.org/publications/DP7231 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Putting the “New” into New Trade Theory: Paul Krugman's Nobel Memorial Prize in Economics (2009)
Working Paper: Putting the "New" into New Trade Theory: Paul Krugman's Nobel Memorial Prize in Economics (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:7231

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP7231

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().