Concepedia

Concept

Trade

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Endowment-Driven Trade Theory

1936 - 1965

The dominant paradigm in this period centers on factor endowments determining international trade, formalized into tractable models that generate clear predictions about relative prices, income distribution, and welfare under various policy regimes. Research emphasized endowment-based comparative advantage, rigorous modeling, and policy relevance, including tariff design and regional integration. Methodological emphasis on welfare criteria and comparative statics helped unify production, trade, and policy analyses.

Internalization and Trade Theory

1966 - 1989

Networked Trade Governance

1990 - 1996

Global Value Chain Formation

1997 - 2003

Heterogeneous Firms in Trade

2004 - 2010

Trade-Driven Labor Reallocation

2011 - 2017

Trade Shock Politics

2018 - 2024