Monthly Archives: March 2016

Welcome new members

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We would like to welcome the following new members of the InsTED network.

Prof. Reshad Ahsan (University of Melbourne) His research interests are international trade, and development economics.

Prof. Amrit Amirapu (University of Kent) His primary fields are development economics, and applied microeconomics.

Prof. Daniel Bernhofen (American University)  His research interests are in international economics, global economic history, and applied microeconomics.

Prof. Nancy Chau (Cornell Universitry) Her research interests fall under international trade, regional economics, and economic development.

Prof. Paola Conconi ( Université Libre de Bruxelle) Her fields of interest are international trade, firm organization, and political economy.

Prof. Peri da Silva (Kansas State University) His research interests are in the political economy of trade, theory of preferential trade, and ways to distribute the gains generated from trade liberalization.

Prof. Leopoldo Fergusson (Universidad de los Andes) His areas of interest are political economy, development economics, and economic history.

Prof. Michael Gechter (Pennsylvania State University) His fields of interest are development economics, and econometrics.

Prof.Daniel Honig (John Hopkins University) His primary field is political economy.

Prof.Christopher Kilby (Villanova University) His research focus is on the political economy of foreign aid.

Prof. David Kuenzel (Wesleyan University) His research interests are international trade and economic growth.

Prof. Beyza Ural Marchand (University of Alberta) Her research fields are development economics, international trade, and  applied microeconomics

Prof. Priya Mukherjee (College of William and Mary) Her research interests include development economics, and political economy.

Prof. Takumi Naito (Waseda University)  His current work in progress are under the topics of “An asymmetric Melitz model of trade and growth” and “A larger country sets a lower optimal tariff”.

Prof. Abdulaziz B. Shifa (Syracuse University) His areas of interest cover economic growth and development, political economy, and macroeconomics.

Prof. Mototsugu Shintani (Vanderbilt University) His specializations include econometrics, macroeconomics, and international finance.

Prof. Soule Sow (Antalya International University) His fields of specialization are development economics, international trade, and urban economics.

Dr. Walter Steingress (Banque de France) His specializations are international trade, and international macroeconomics.

Dr. Ana Maria Tribin (Central Bank of Colombia) Her research interests are in political economy, development economics, and labor economics.

Prof. Tsung Yu Yang (Southwestern University) His fields of interest are applied econometrics, agricultural economics, international trade, and environmental economics.

Prof. Nicolas Van de Sijpe (University of Sheffield) His current research focuses mainly on the effects of foreign aid. 

Granularity and International Trade

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A large literature has developed over the last twenty years or so to understand the role of firm heterogeneity in a country’s exporting behavior.  A key feature of the models in this literature is that they typically assume each firm has measure zero in its industry.  This assumption is useful because it removes strategic interaction between firms and so helps makes tractable the complexities of firm heterogeneity.  An implication of this assumption is that no single firm can affect industry aggregates.  And so the productivity realizations of a single firm or small group of firms cannot affect a country’s aggregate exports.

New research argues that useful insights are gained by relaxing the measure zero assumption, allowing individual firms to be at the center of the analysis.  The reason is that in reality firms, especially the largest ones, can play a pivotal role in business cycle and aggregate trade fluctuations; aggregate welfare; or even on a country’s comparative advantage.  When firms are allowed to be “granular” or large relative to the markets in which they operate, idiosyncratic shocks to individual (large) firms, such as reductions in trade costs and productivity changes across countries, will not average out, and instead lead to movements in the aggregates.  This has already been shown empirically for French and American data.

This new line of research may be particularly useful in studying international trade and economic development.  In developing countries, there is a greater prevalence of industrial policy that promotes exporting by particular firms within sectors.  At the same time, regulatory regimes are often opaque and unpredictable, and credit markets or commercial policies favor large firms.  In this setting, granularity in firms may help to explain why developing economies tend to be fundamentally more volatile than developed economies.   However, there is currently little empirical evidence on the role of individual firms and firm-to-firm linkages in aggregate fluctuations in developing countries.

 

Atkeson, A. and A. Burstein (2008): “Pricing to Market, Trade Costs and International Relative Prices,” American Economic Review, 98(5), 1998–2031. [Working Paper Version]

Bernard, A. B., J. B. Jensen, S. J. Redding, and P. K. Schott (2015) “Global Firms,” Working Paper.

di Giovanni, J. and A. Levchenko (2009) “International Trade and Aggregate Fluctuations in Granular Economies,” Working Paper.

Di Giovanni, J., A. Levchenko, and I. Méjean (2014): “Firms, Destinations, and Aggregate Fluctuations,” Econometrica, 82(4): 1303–1340. [Working Paper Version]

Eaton, J., S. Kortum, and S. Sotelo (2012): “International Trade: Linking the Micro and the Macro,” NBER Working Paper, 17864.

Gabaix, X. (2011) “The Granular Origins of Aggregate Fluctuations,” Econometrica, 79: 733-772.

Gaubert, C. and O. Itskhoki (2015) “Granular Comparative Advantage,” Working Paper.

Hottman, C., S. Redding, and D. Weinstein (2015) “Quantifying the Sources of Firm Heterogeneity,” Quarterly Journal of Economics, forthcoming. [Working Paper Version]

Melitz, M. J. (2003) “The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity,” Econometrica, 71(6): 1695–1725.

Associate or Full Professor University of Kentucky

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The Department of Economics seeks to fill a senior faculty position (with tenure), with appointment at the associate or full professor level. The successful candidate must have a strong record of scholarly accomplishments and teaching. The appointee also will be an affiliate of the newly established John H. Schnatter Institute for the Study of Free Enterprise and is expected to play an important role in the growth and development of the Institute. Candidates in all fields will be considered, though the Department is especially interested in the six areas of specialization offered by our Ph.D. program: industrial organization, public economics, labor economics, monetary and macroeconomics, international economics, and health/environmental economics.

Consideration of applications and interviews will occur during the Spring 2016 term, though the search will continue until the position is filled.

The following documents will need to be included with your Academic Profile.
– Letter of Interest
– Current CV (with names of references).
References may be contacted by our recruiting committee.

For more information about the department, please visit http://gatton.uky.edu/economics and for information about the Schnatter Institute see: http://gatton.uky.edu/Content.php?PageName=CtrStudyOfFreeEnterprise

For additional information, please contact Professor John Garen at . And for questions regarding the application process, please email Debbie Wheeler at . Please note that, to be considered an applicant for the position, an application must be submitted through the UK Jobs site.
The University of Kentucky is an equal opportunity/affirmative action employer. Women, minorities, and persons with disability as well as veterans are encouraged to apply.

Program: 3rd InsTED Workshop Indiana University

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Presentation format: 30 min presentation, 5 min discussion.

Conference main location: GISB Building. Directions can be found at http://gisb.indiana.edu/

Registration will be held at GISB Room 1060. Staff will be available from 8 am through lunch on Friday.

Sessions will be held in GISB Room 1112.

Coffee breaks and lunches will be held in GISB room 1060.

 

Thursday, May12th 2016

5:00 – 7:00pm Informal gathering at Nick’s English Hut

 

 

Friday, May13th 2016

8:00 – 8:50am Registration, Arrival Tea/Coffee

8.50 – 9:00am Opening remarks

 

Session 1: Informal Institutions and Externalities

Chair: Gary Lyn (U. Mass Lowell)

9:00 – 9:35am   “Spatial Concentration of Sourcing in International Trade: The Role of Insititutions”, Fariha Kamal (Census Bureau), Asha Sundaram (University of Cape Town)

9:35 – 10:10am “Product Differentiation and the Effects of Trade Networks over Time”, Peter R. Herman (Indiana University), Ryan Lee (Indiana University)

10:10 – 10:45am “External Economies and International Trade: A Quantitative Framework”, Konstantin Kucheryavyy (U. of Tokyo), Gary Lyn (U. Mass Lowell), Andrés Rodríguez-Clare (UC Berkeley and NBER)

10:45 – 11:15am Coffee Break

 

Session 2: Institutions and Market Structure

Chair: Eric W. Bond (Vanderbilt University)

11:15 – 11:50am “External Reference Pricing Policies, Price Controls, and International Patent Protection”, Difei Geng (Vanderbilt University), Kamal Saggi (Vanderbilt University)

11:50 – 12:25pm “Compulsory Licenses”, Eric W. Bond (Vanderbilt University), Larry Samuelson (Yale University)

12:25 – 1:30pm Lunch

 

Session 3: Production Linkages

Chair: Rahul Mukherjee (Graduate Institute Geneva)

1:30 – 2:05pm “Swimming Upstream: Input-Output Linkages and the Direction of Product Adoption”, Johannes Boehm (Sciences Po.), Swati Dhingra (LSE), John Morrow (U. of Essex)

2:05 – 2:40pm “Liquidity-Driven FDI”, Ron Alquist (Kings Peak Asset Management), Rahul Mukherjee (Graduate Institute Geneva), Linda L. Tesar (U. of Michigan)

2:40 – 3.00pm Coffee Break

 

Session 4: WTO I

Chair: Kristy Buzard (Syracuse University)

3:00 – 3:35pm “Pre-trial Settlement with Imperfect Private Monitoring”, Mostafa Beshkar (Indiana University), Jee-Hyeong Park (Seoul National University)

3:35 – 4.10pm “Temporary Trade Barriers: When Will They End?”, Kristy Buzard (Syracuse University)

4:10 – 4:30pm Coffee Break

 

Keynote Address 1

Chair: Mostafa Beshkar (Indiana University)

4:30 – 5:30pm “Educational Quality Along Multiple Dimensions: A Cross Country Analysis”, Stephen Yeaple (Penn State)

6:00 – 9:00pm Conference Dinner at Scholars Inn

 

 

Saturday, May 14th 2014

8:00 – 9:00am Arrival Tea/Coffee

 

Session 5: Institutional Change

Chair: Federica Carugati (Indiana University)

9:00 – 9:350am “’The Natural Resource Curse Revisited: Theory and Evidence from India”, Amrita Dhillon (King’s College), Pramila Krishman (U. of Cambridge), Manasa Patnam (CREST-ENSAE), Carlo Perroni (U. of Warwick)

9:35 – 10:10am “Property Rights Enforcement with Unverifiable Income”, Jan U. Auerbach (U. of Exeter)

10:10 – 10:45am  “Extending Access to the Rule of Law: Maritime Trade, Fiscal Policy, and Legal Change in Ancient Athens”, Federica Carugati (Indiana University)

10:45 – 11:15am Coffee Break

 

Session 6: Culture, Institutions and Immigration

Chair: Ben Zissimos (University of Exeter Business School)

11:15 – 11:50am “Complementarities, Coordination and Culture”, Christopher Ellis (U. of Oregon), John Thompson (Wilamette University), Jiabin Wu (U. of Oregon)

11:50am – 12:25pm “The Role of Institutions in Determining Immigration and Investment”, Atisha Ghosh (University of Exeter Business School) and Ben Zissimos (University of Exeter Business School)

12:25 – 1:30pm Lunch

 

Session 7: Economic Geography and Income Distribution

Chair: Tobias Seidel (U. of Duisburg-Essen, CESifo)

1:30 – 2:05pm “Income Distribution, Internal Geography, and Gains from Trade”, Volodymyr Lugovskyy (Indiana University), Alexandre Skiba (U. of Wyoming)

2:05 – 2:40pm “The Persistent Effects of Place-based Policy: Evidence from the West-German Zonenrandgebiet”, Maximilian von Ehrlich (U. of Bern, CRED, CESifo), Tobias Seidel (U. of Duisburg-Essen, CESifo)

2:40 – 3:00pm Coffee Break

 

Session 8: Trade, Health and Wellbeing

Chair: Anna Kochanova (Max Planck Institute)

3:00 – 3:35pm “Trade-induced Mortality”, Jerome Adda (Bocconi University), Yarine Fawaz (CEMFI)

3:35 – 4.10pm “Minds for the Market: Non-Cognitive Skills in Post-Soviet Countries”, Anna Kochanova (Max Planck Institute), Maryam Naghsh Nejad (IZA)

4:10 – 4:30pm Coffee Break

 

Keynote Address 2

Chair: Ben Zissimos (U. of Exeter Business School)

4:30 – 5:30pm “The Disappearing Ninth Square: Land and Protests in China”, Kishore Gawande (McCombs School of Business, UT Austin), Nicholas Reith (UT Austin)

6:00 – 9:00pm Ostrom Workshop Dinner at Feast Market & Cellar

 

 

Sunday, May15th 2016

9:00 – 9:30am Arrival Tea/Coffee

 

Session 9: WTO II

Chair: Shushanik Hakobyan (Fordham University)

9:30 – 10:05am “Deep Trade Agreements and the Extensive Margin of Trade”, David R. DeRemer (IEHAS)

10:05 – 10:40am “Anti-Dumping Duties and WTO Trade Disputes”, Shushanik Hakobyan (Fordham University), Anthoula Vasiliou (Fordham University)

10:40 – 11:00am Coffee Break

 

Session 10: Institutions and Market Structure

Chair: Tommaso Tempesti (U. Mass Lowell)

11:00 – 11:35am “Liberalizing for Liquidity: Local Firms, Financing Constraints and Investment Policy Reform”, Sarah Danzman (Indiana University)

11:35 – 12:10pm “Fringe Benefits and Import Competition”, Tommaso Tempesti (U. Mass Lowell)

12:10 – 12:30pm InsTED next steps

 

Afternoon

Tour at the IU Museum of Art

 

18th European Trade Study Group (ETSG) Annual Conference

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This is the eighteenth conference in what is now the largest annual conference on international trade in the world. ETSG conferences are open to any researcher with an interest in international trade issues. Everyone can submit a paper for presentation.

The deadline to submit an abstract for possible presentation at the next ETSG Conference is FRIDAY APRIL 29, 2016.

ETSG Conference website

CEMIR Junior Economist Workshop on Migration Research

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Time: Jun 24, 2016 9 AM – Jun 25, 2016 5 PM

Address: CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

The Ifo Center of Excellence for Migration and Integration Research (CEMIR) is organising a junior economist workshop on migration research to be held on 24 & 25 June 2016 at the Ifo Institute in Munich, Germany.
The keynote lecture will be given by Jesús Fernández-Huertas Moraga, Universidad CArlos III de Madrid.

Interested Ph.D. students, post docs and assistant professors in economics with a firm interest in the field of migration are invited to submit a research paper they would like to present (plus a CV) to nikolka@ifo.de by 16 April 2016. Decisions on acceptance are made by 6 May. The chair of the programme committee is Panu Poutvaara. There are no participation fees and travel expenses (economy) are covered.

For further information on this workshop, please contact Till Nikolka (nikolka@ifo.de).

Scientific organiser(s): Professor Panu Poutvaara, Till Nikolka

Workshop Website

2016 NOVAFRICA Conference on Economic Development in Africa, July 14th and 15th, 2016 Lisbon, Portugal.

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We are looking for contributions on the broad theme of economic development in Africa. Topics of interest include, but are not limited to: mobile money and financial innovation; natural resource management; the quality of education and health; migration, remittances and the brain drain; the quality of public services and political economy; or entrepreneurship and management practices in the African context.

Keynote Presentations

Stefan Dercon
Professor of Economics at the University of Oxford

David McKenzie
Lead Economist at the World Bank

Edward Miguel
Professor of Economics at the University of California, Berkeley

Submission timetable:
Submissions of full papers (PDF files) are expected by April 4, 2016. Extended abstracts may also be submitted but priority will be given to full papers. Decisions will be made by April 14, 2016.

Submission guidelines:
Please email your submission to novafrica@novasbe.pt.

Conference website