New Trade Theory

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:contrastsWith gptkb:Heckscher-Ohlin_model
classical trade theory
gptkbp:developedBy gptkb:Elhanan_Helpman
gptkb:Paul_Krugman
1970s
gptkbp:emphasizes product differentiation
role of multinational corporations
gptkbp:explains intra-industry trade
trade between similar countries
gptkbp:field international economics
gptkbp:focusesOn imperfect competition
economies of scale
network effects
https://www.w3.org/2000/01/rdf-schema#label New Trade Theory
gptkbp:influenced new economic geography
gptkbp:proposedBy government intervention can be beneficial
gptkbp:publishedIn gptkb:Journal_of_International_Economics
gptkbp:recipient gptkb:Nobel_Prize_in_Economics_(Paul_Krugman,_2008)
gptkbp:relatedTo increasing returns to scale
strategic trade policy
gptkbp:bfsParent gptkb:Paul_Krugman
gptkbp:bfsLayer 4