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 Modelsh 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 Perspectiveh,  Journal of Political Economy, 117, 4, 701-744.

   Antràs, Pol, Mihir Desai, and Fritz C Foley (2009), gMultinational Firms, FDI Flows and Imperfect Capital Marketsh, 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 Tradeh 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 1980fs Crisis,h Journal of Political Economy, 113 (3): 582-625.