040247 UK International Trade (MA) (2019W)
Track in Macroeconomic Policy
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 16.09.2019 09:00 to Mo 23.09.2019 12:00
- Registration is open from Th 26.09.2019 09:00 to Fr 27.09.2019 12:00
- Deregistration possible until Mo 14.10.2019 12:00
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Monday
07.10.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
14.10.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
21.10.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
28.10.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
04.11.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
11.11.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
18.11.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
25.11.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
02.12.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
09.12.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
16.12.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
13.01.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
20.01.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
27.01.
16:45 - 18:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Information
Aims, contents and method of the course
The course will cover the most important models in the field of international trade, as well as the related empirical evidence and applications to questions of interest in economics and policy debtaes (determination of income per capita and economic growth, effects of trade liberalizations, links between trade and unemployment, trade imbalances, etc.).
Assessment and permitted materials
The assessment will be based on a midterm and a final exam (each 40% of the final mark) and a term paper (20%).
Minimum requirements and assessment criteria
All required. 50% of overall mark required to pass the course. The objective of the course is to have students apply and develop the analytical skills acquired in the MA in Economics in the field of International Trade.
Examination topics
Armington model and gravity equation, Ricardian model (trade and technology), Heckscher-Ohlin model (trade and factor abundance), institutions and trade, Krugman model (increasing returns and imperfect competition), Melitz model (firm heterogeneity), foreign direct investment and multinational corpoprations.
Reading list
The course will be based on readings from academic journals. Some selected examples:
- James E. Anderson and Eric van Wincoop (2002): "Gravity with Gravitas: A Solution to the Border Puzzle," The American Economic Review, Vol. 93, No. 1, (Mar., 2003), pp. 170-192
- Dornbusch, R., S. Fischer and P. Samuelson (1977): “Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods,” American Economic Review, December.
- Dornbusch, R., S. Fischer, and P.A. Samuelson (1980): “Heckscher-Ohlin Trade Theory with a Continuum of Goods,” Quarterly Journal of Economics, 95, 203-224.
- Eaton, J. and S. Kortum (2002): “Technology, Geography, and Trade,” Econometrica, 70, 1741-1779.
- Helpman, E. and P.R. Krugman (1985): Market Structure and Foreign Trade, MIT Press,chapter 1.
- Jones, R. (1965): “The Structure of Simple General Equilibrium Models,” Journal of Political Economy, Dec., 73(6), 557-572.
- Krugman,P.R. (1979): “Increasing Returns, Monopolistic Competition, and International Trade,” Journal of International Economics, November 9 (4), 469-479.
- Krugman, P.R. (1980): “Scale Economies, Product Differentiation, and the Pattern of Trade,” American Economic Review 70, 950-959.
- Krugman, P.R. (1981): “Intraindustry Specialization and the Gains from Trade,” Journal of Political Economy, 89 (5), 959-974.
- Romalis, J. (2004): “Factor Proportions and the Structure of Commodity Trade,” American Economic Review, 94(1), pp. 67-97.
- Breinlich, H. and A. Cuñat (2016): “Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models,” with Holger Breinlich, Economic Journal, September,126, pp. 1660–1702.
- Melitz, M.J. (2003): “The Impact of Trade on Intra-industry Reallocations and Aggregate Industry Productivity,” Econometrica, 71: 1695-1725.
- Melitz, M.J. and G.I. Ottaviano (2008): “Market Size, Trade, and Productivity,” Review of Economic Studies, Vol. 75, January, pp.295-316.
- Caselli, F. (2005): “Accounting for Cross-country Income Differences,” NBER WP 10828.
- Caselli, F. and J. Coleman (2006): “The World Technology Frontier,” American Economic Review, June.
- Cuñat, A. and R. Zymek (2017): “International Value-Added Linkages in Development Accounting,” manuscript.
- Fadinger, H. (2011):“Productivity Differences in an Interdependent World,” Journal of International Economics, 84(2), pp. 221-232.
- Trefler, D. (1993): “International Factor Price Differences: Leontief Was Right!” Journal of Political Economy, Dec., 101(6), 961-987.
- Trefler, D. (1995): “The Case of the Missing Trade and Other Mysteries,” American Economic Review, Dec., 85(5), 1029-1046.
- James E. Anderson and Eric van Wincoop (2002): "Gravity with Gravitas: A Solution to the Border Puzzle," The American Economic Review, Vol. 93, No. 1, (Mar., 2003), pp. 170-192
- Dornbusch, R., S. Fischer and P. Samuelson (1977): “Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods,” American Economic Review, December.
- Dornbusch, R., S. Fischer, and P.A. Samuelson (1980): “Heckscher-Ohlin Trade Theory with a Continuum of Goods,” Quarterly Journal of Economics, 95, 203-224.
- Eaton, J. and S. Kortum (2002): “Technology, Geography, and Trade,” Econometrica, 70, 1741-1779.
- Helpman, E. and P.R. Krugman (1985): Market Structure and Foreign Trade, MIT Press,chapter 1.
- Jones, R. (1965): “The Structure of Simple General Equilibrium Models,” Journal of Political Economy, Dec., 73(6), 557-572.
- Krugman,P.R. (1979): “Increasing Returns, Monopolistic Competition, and International Trade,” Journal of International Economics, November 9 (4), 469-479.
- Krugman, P.R. (1980): “Scale Economies, Product Differentiation, and the Pattern of Trade,” American Economic Review 70, 950-959.
- Krugman, P.R. (1981): “Intraindustry Specialization and the Gains from Trade,” Journal of Political Economy, 89 (5), 959-974.
- Romalis, J. (2004): “Factor Proportions and the Structure of Commodity Trade,” American Economic Review, 94(1), pp. 67-97.
- Breinlich, H. and A. Cuñat (2016): “Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models,” with Holger Breinlich, Economic Journal, September,126, pp. 1660–1702.
- Melitz, M.J. (2003): “The Impact of Trade on Intra-industry Reallocations and Aggregate Industry Productivity,” Econometrica, 71: 1695-1725.
- Melitz, M.J. and G.I. Ottaviano (2008): “Market Size, Trade, and Productivity,” Review of Economic Studies, Vol. 75, January, pp.295-316.
- Caselli, F. (2005): “Accounting for Cross-country Income Differences,” NBER WP 10828.
- Caselli, F. and J. Coleman (2006): “The World Technology Frontier,” American Economic Review, June.
- Cuñat, A. and R. Zymek (2017): “International Value-Added Linkages in Development Accounting,” manuscript.
- Fadinger, H. (2011):“Productivity Differences in an Interdependent World,” Journal of International Economics, 84(2), pp. 221-232.
- Trefler, D. (1993): “International Factor Price Differences: Leontief Was Right!” Journal of Political Economy, Dec., 101(6), 961-987.
- Trefler, D. (1995): “The Case of the Missing Trade and Other Mysteries,” American Economic Review, Dec., 85(5), 1029-1046.
Association in the course directory
Last modified: Mo 07.09.2020 15:19