Award Honors Economist Who Studies Benefits of Trade

In Economy On

WASHINGTON — David Donaldson, an economist who studies the benefits of trade, a subject very much in the political spotlight, has won the prestigious John Bates Clark Medal for the most significant contributions by an economist under the age of 40.

Mr. Donaldson, a professor at Stanford University, was honored for developing new approaches to assessing the benefits of trade, both within and among nations.

The American Economic Association, which awards the prize, hailed Mr. Donaldson in a statement as “the most exciting economist in the area of empirical trade.”

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