Seminar in International Trade Keio University: Yoshimasa Shirai

http://www.econ.keio.ac.jp/staff/yshirai/TradeSeminar/index.html

2016/04/08

Textbook

Feenstra, R. C. (2004) , Advanced International Trade: Theory and Evidence, Princeton University Press.

Models of Firms with Heterogeneous Productivities:

Variety Model

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

Yeaple, S. (2005) “A Simple Model of Firm Heterogeneity, International Trade and Wages,” Journal of International Economics, 65 (1), 1-20.

Ricardian Model

*Bernard, A., J. Eaton, J. B. Jensen, and S. Kortum, (2003) “Plants and Productivity in International Trade,” American Economic Review, 93, 1268-1290.

Trade (and factor reallocational) Frictions:

Output Market Frictions

Antras and Costinot (2011), “Intermediated Trade,” Quarterly Journal of Economics, 126, 1319-1374.

Financial Frictions

Antras and Cabarello (2009), “Trade and Capital Flows: A Financial Friction Perspective”, Journal of Political Economy, 117, 4, 701-744.

Antràs, Pol, Mihir Desai, and Fritz C Foley (2009), “Multinational Firms, FDI Flows and Imperfect Capital Markets”, Quarterly Journal of Economics, 124, no. 3: 1171-1219.

Trade and Income distributions

Helpman, E., Itskhoki, O., Redding, S. (2010), “Inequality and Unemployment in a Global Economy,” Econometrica, July, 78 (4): 1239–1283

Costinot, A. and Vogel, J. (2010), “Matching and Inequality in the World Economy,” Journal of Political Economy, 118 (4), 747-86.

Grossman, G., Helpman, E., and Kircher, P. (2015) “Matching, Sorting, and the Distributional Effects of International Trade” mimeograph, Princeton University, April.