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Palgrave Handbook of International Trade pp 88–118Cite as

Palgrave Macmillan

The Empirics of General Equilibrium Trade Theory

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Abstract

General equilibrium trade theory is one of the oldest subfields of economics. It has accumulated an impressive body of theoretical insights, many of which were discussed in the previous chapter of this handbook. This chapter surveys the empirical approaches that have been utilized linking the theory to the data. My emphasis will be on the development of the theoretical specifications that have been fruitfully applied to the empirical domain rather than on the empirical findings, per se.

The core of this chapter was written during a CES-ifo research visit at the University of Munich in the spring of 2009. I benefitted from comments by Laura Bernhofen, Dave Donaldson, Rod Falvey and Udo Kreickemeier on an earlier draft.

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Author information

Authors and Affiliations

  1. University of Nottingham, UK

    Daniel M. Bernhofen

  2. GEP, UK

    Daniel M. Bernhofen

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  1. Daniel M. Bernhofen
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Editor information

Editors and Affiliations

  1. American University, USA

    Daniel Bernhofen

  2. Bond University, Australia

    Rod Falvey

  3. University of Nottingham, UK

    David Greenaway

  4. University of Tübingen, Germany

    Udo Kreickemeier

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© 2013 Daniel M. Bernhofen

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Bernhofen, D.M. (2013). The Empirics of General Equilibrium Trade Theory. In: Bernhofen, D., Falvey, R., Greenaway, D., Kreickemeier, U. (eds) Palgrave Handbook of International Trade. Palgrave Macmillan, London. https://doi.org/10.1007/978-0-230-30531-1_4

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