Seminar in International Trade                   Keio University: Yoshimasa Shirai

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

                                                                                           2017/04/07

 

Textbook

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

 

Classics:

     Jones, R. (1965), gThe Structure of Simple General Equilibrium Modelsh Journal of Political Economy, 73 (6), 557-72.

     Dornbusch, R., S. Fischer and P. A. Samuelson (1977), gComparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods,h American Economic Review, 67 (5), 823-839.

     Krugman, P. R. (1979), gIncreasing Returns, Monopolistic Competition, and International Trade,h Journal of International Economics, 9 (1), 469-79.

 

Models of Firms with Heterogeneous Productivities:

 Variety Model

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

    Yeaple, S. (2005) gA Simple Model of Firm Heterogeneity, International Trade and Wages,h Journal of International Economics, 65 (1), 1-20.

 Ricardian Model

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

 

Trade in Tasks:

      Grossman, G. and E. Rossi-Hansberg (2008) gTrading Tasks: A Simple Theory of Offshoring,h American Economic Review, 98, 1978-1997.

      Groissman, G. and E. Rossi-Hansberg (2012) gTask Trade Between Similar Countries,h Econometrica, 80 (2), 593–629.

 

Trade (and factor reallocational) Frictions:

 Output Market Frictions

   Antras and Costinot (2011), gIntermediated Trade,h Quarterly Journal of Economics, 126, 1319-1374.

 

 Financial Frictions

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

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

 

 Trade and Income distributions

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

   Costinot, A. and Vogel, J. (2010), gMatching and Inequality in the World Economy,h  Journal of Political Economy, 118 (4), 747-86.

 **Grossman, G., Helpman, E., and Kircher, P. (2017) gMatching, Sorting, and the Distributional Effects of International Tradeh Journal of Political Economy, 125 (1), .

 

 Competition and Productivity

   Collard-Wexler, A. and Loecker, J. (2015) gReallocation and Technology: Evidence from the US Steel Industry,h American Economic Review, 105(1): 131-171.

   Holmes, T. and Schmitz Jr, J. (2005) gWhat Determines Productivity? Lessons from the Dramatic Recovery of the US and Canadian Iron Ore Industries Following Their Early 1980fs Crisis,h Journal of Political Economy, 113 (3): 582-625.