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  • © 2017

Theorizing International Trade

An Indian Perspective

Palgrave Macmillan
  • Proposes new perspectives in Trade Policy Research and discusses development in trade theory and gravity modeling to date
  • Offers insights into trade, finance and economy wide relations across regions, using partial and general equilibrium analysis and econometric models
  • Provides insights into the direction that the Indian economy can take so as to be main thrust player for world economy growth

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Table of contents (16 chapters)

  1. Front Matter

    Pages i-xxiv
  2. Introduction

    • Somesh K. Mathur, Rahul Arora, Sarbjit Singh
    Pages 1-6
  3. Developments in Trade Theory, Gravity Modeling and Its Applications

    1. Front Matter

      Pages 7-7
    2. Developments in International Trade Theory and Gravity Modelling

      • Somesh K. Mathur, Rahul Arora, Sarbjit Singh, Amrita Roy
      Pages 9-35
    3. Revisiting Strategic Trade Theory

      • Indrani Roy Chowdhury
      Pages 37-67
    4. Trade Growth Accounting in Goods and Services: An Empirical Exercise

      • Somesh K. Mathur, Sarbjit Singh, Gaurav Doshi, Abhishek Srivastava
      Pages 101-113
  4. Some Applications of General Equilibrium Analysis

    1. Front Matter

      Pages 163-163
    2. Theoretical Exposition of Some Ex Ante Approaches to Assess the Proposed Trade Policy

      • Rahul Arora, Sarbjit Singh, Somesh K. Mathur
      Pages 165-200
  5. Other Related Topics

    1. Front Matter

      Pages 305-305
    2. Does Trade Openness Increase Wage Elasticity of Labour Demand in Indian Manufacturing Industries?

      • Simontini Das, Ajitava Raychaudhuri, Saikat Sinha Roy
      Pages 325-350
    3. An Analysis of Dynamic Spillover in India’s Forex Derivatives Markets

      • Wasim Ahmad, Shirin Rais, Ritesh Kumar Mishra
      Pages 351-384
    4. Future Avenues in Trade Policy Research

      • Somesh K. Mathur, Rahul Arora, Sarbjit Singh
      Pages 385-387

About this book

This book discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers. 

Editors and Affiliations

  • Indian Institute of Technology Kanpur, Kanpur, India

    Somesh K. Mathur

  • Consumer Unity & Trust Society (CUTS) International, Jaipur, India

    Rahul Arora, Sarbjit Singh

About the editors



Somesh K. Mathur is Professor of Economics in the Department of Humanities and Social Sciences at Indian Institute of Technology Kanpur, India. He has published in journals like Review of International Economics, World Economy, Geneva Papers on Risk and Insurance, Economic and Political Weekly, Journal of Quantitative Economics, Global Economy Journal, and more. 



Rahul Arora is a Ph.D. student in Economics in the Department of Humanities and Social Sciences, Indian Institute of Technology Kanpur, India. His broader area of research is Quantitative analysis of International Trade.



Sarbjit Singh is a Ph.D. student in Economics in the Department of Humanities and Social Sciences, Indian Institute of Technology Kanpur, India.  His broader area of research is Quantitative analysis of International Trade. 

Bibliographic Information

  • Book Title: Theorizing International Trade

  • Book Subtitle: An Indian Perspective

  • Editors: Somesh K. Mathur, Rahul Arora, Sarbjit Singh

  • DOI: https://doi.org/10.1007/978-981-10-1759-9

  • Publisher: Palgrave Macmillan Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017

  • Hardcover ISBN: 978-981-10-1758-2Published: 11 January 2018

  • Softcover ISBN: 978-981-10-9441-5Published: 07 June 2019

  • eBook ISBN: 978-981-10-1759-9Published: 28 November 2017

  • Edition Number: 1

  • Number of Pages: XXIV, 419

  • Number of Illustrations: 1 b/w illustrations, 32 illustrations in colour

  • Topics: Asian Economics, Trade, Econometrics, Development Economics

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 179.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access