Intraindustry Trade and Theory

Jagdish N. Bhagwati & Donald R. Davis
In a recent issue of the Journal of Economic Perspectives, two Stanford graduate students, Joshua Gans and George Shepherd (1993), write about the difficulties that eminent economists had in getting their ideas published in the mainstream professional journals. They focus on papers containing unfamiliar ideas that have yet no resonance for the profession trapped in "conventional wisdom". But they ignore the difficulty that sometimes attends publishing papers that challenge an orthodoxy that is newly established,...
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