Comparative Advantage, Growth, and the Gains from Trade and Globalization : a Festschrift in Honor of Alan V. Deardorff / edited by Robert M. Stern.

Includes bibliographical references.

Print version record.

Alan Deardorff was 65 years old on June 6, 2009. To celebrate this occasion, a Festschrift in his honor was held on October 2-3, 2009, in the Rackham Amphitheater at the University of Michigan in Ann Arbor. The Festschrift was entitled "Comparative Advantage, Economic Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff." It was co-organized by two of Professor Deardorff's former students, Drusilla Brown of Tufts University and Robert Staiger of Stanford University, together with Robert Stern representing the University of Michigan. The first day of the Festschrift involved a series of panels in which invited participants reflected on Professor Deardorff's contributions, including his writings on: comparative advantage; trade and growth; the gains from trade and globalization; and computational modeling and trade policy analysis. The panel participants prepared written comments, setting out their evaluation of Professor Deardorff's contributions combined with their own thoughts on the current state of knowledge and analysis of the particular topic. At the end of the first day, Paul Krugman of Princeton University and The New York Times delivered a Citigroup Foundation Special Lecture entitled "Reflections on Globalization: Yesteryear and Today." All of these papers and Krugman's lecture are contained in the volume

TABLE OF CONTENTS; Preface and Acknowledgments; Festschrift Panelists; Introduction: A Tribute to Alan V. Deardorff Robert M. Stern; STRUCTURE OF THE VOLUME; PART I SPECIAL LECTURES; Chapter 1 Remarks: Deardorff Festschrift John Sweetland; Chapter 2 Citigroup Foundation Special Lecture Paul Krugman; INTRODUCTION; REFLECTIONS ON GLOBALIZATION: YESTERDAY AND TODAY; PART II COMPARATIVE ADVANTAGE IN A CHANGING GLOBAL ECONOMY; Chapter 3 Alan Deardorff on Comparative Advantage James E. Anderson; REFERENCES; Chapter 4 Comparative Advantage in a Changing Global Economy Avinash Dixit; REFERENCES.

Chapter 5 Comparative Advantage Meets Alan Deardorff Wilfred J. EthierREFERENCES; Chapter 6 In Defense of Cones Ronald W Jones; THE TWO-COMMODITY CASE; FACTOR INTENSITY REVERSAL IN TECHNOLOGY; CONES IN THE MULTI-COMMODITY SETTING; CONCLUDING REMARKS: THE SIGNIFICANCE OF CONES OF DIVERSIFICATION; REFERENCES; Chapter 7 Increasing Returns in a Comparative Advantage World Paul Krugman; THE OLD NEW TRADE STORY; COLLARS AND CUFFS, BUTTONS AND CIGARETTE LIGHTERS; LOCALIZED EXTERNAL ECONOMIES AND THE GAINS FROM TRADE; REFERENCES; Chapter 8 Heckscher, Ohlin, and Deardorff J. Peter Neary; REFERENCES.

I. AssumptionsII. The Factor Content of Trade; III. A Theorem on the Factor Content of Trade; IV. Implication for the Pattern of Factor-Content Trade; V. Implications for the Pattern of Commodity Trade; VI. Factor Intensity Ambiguities; REFERENCES; Chapter 12 Comparative Advantage and International Trade and Investment in Services Alan V. Deardorff; TRADE IN TRADE SERVICES; SERVICES TRADE AS INTERNATIONAL FACTOR MOVEMENTS; SERVICE TRADE WITH ABSENT FACTORS; Case I: Services are management intensive; Case II: Services are labour intensive; Case III: Differences in technology.

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