Seminars
Paris trade seminar
The Paris trade seminar is a common seminar to the Paris School of Economics, INRAE, Sciences Po and of the University Paris 1.
The seminar takes place every two weeks on Tuesday afternoon, rotating by semesters between the two PSE campuses and Sciences Po. From September to December, the seminar’s venue is Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés) between 2.45pm to 4.15pm. From February to June, the seminar will move to PSE, 48 boulevard Jourdan, 75014 Paris (M° Porte d’Orléans) and take place between 2.30pm and 4pm.
The seminar presents recent works by French and foreign scholars about International trade and its frontiers with other fields. The seminar has become a major meeting point for trade economists in Paris. Consequently it is scheduled to have informal discussions between participants and the speaker before and after the seminar.
This seminar is organised by Mathieu Parenti.
Operational contact: Laurence Vincent (laurence.vincent at ens.psl.eu)
This seminar is supported by PSE, INRAE, Sciences Po and University Paris 1 Panthéon Sorbonne. This seminar is co-funded by a French government subsidy managed by the Agence Nationale de la Recherche under the framework of the Investissements d’avenir programme reference ANR-17-EURE-0001. It is also supported by the Globalization Chair.
Upcoming events
- Tuesday 24 September 2024 15:15-16:30
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des prés), salle H401 / Jean-Paul Fitoussi
- BLANCHARD Emily (Dartmouth) : Justice for Sale: Explaining the Rise in Investor-State Dispute Settlement
- Monika Sztajerowska (PSE and IMF)
- AbstractWe build a novel database linking the universe of investor-state dispute settlement (ISDS) cases with detailed financial, ownership, and operating data for the foreign investors ini- tiating these disputes, from 2000-2020. We document a sharp and sustained increase in the number of ISDS cases that is not explained by changes in the scope of international investment treaties or the expansion of multinational firms’ global operations. This in- crease in case initiation corresponds instead to a fundamental change in the composition of ISDS-suing firms, with significantly more small and credit-constrained firms pursuing litigation against sovereign states after the mid 2000s. Guided by theory, and augmenting our database with hand-collected information on case(-investor) specific choice of litigation technology, we find evidence that the advent and expansion of third-party funding (TPF) can explain a significant share of the observed increase in ISDS cases over the past two decades. Further analysis suggests that third party funding may also increase firms’ odds of winning, which could induce additional disputes in the years to come.
- Tuesday 8 October 2024 14:30-15:45
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des prés), salle H401 / Jean-Paul Fitoussi
- VANNOORENBERGHE Gonzague (UCLouvain) : *
- Tuesday 22 October 2024 14:30-15:45
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), salle H401 / Jean-Paul Fitoussi
- MRAZOVA Monika (U. Geneva) : *
- Tuesday 12 November 2024 14:30-15:45
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), salle H401 / Jean-Paul Fitoussi
- GRANT Matt (Dartmouth) : *
- Tuesday 26 November 2024 14:30-15:45
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), salle H401 / Jean-Paul Fitoussi
- MACEDONI Luca (Aarhus ) : *
- Tuesday 10 December 2024 14:30-15:45
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), salle H401 / Jean-Paul Fitoussi
- BOEHM Johannes (IHEID) : *
- Tuesday 11 February 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- ORNELAS Emmanuel : *
- Tuesday 4 March 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- FLACH LISANDRA Lisandra (LMU) : *
- Tuesday 18 March 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- CHOR Davin (Dartmouth) : *
- Tuesday 1 April 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- SIMONOVSKA INA Ina (UC Davis) : *
- Tuesday 29 April 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- THOMAS Piketty (London School of Economics) : *
- Tuesday 13 May 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- ANCA Cristea (U. of Oregon) : *
- Tuesday 27 May 2025 14:00-15:15
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- FERRARI Alessandro (UPF) : *
Archives
- Tuesday 21 May 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- JUHASZ Reka (UBC) : The Who, What, When, and How of Industrial Policy: A Text-Based Approach
- Nathan Lane, Emily Oehlsen and Verónica C. Pérez
- AbstractSince the 18th century, policymakers have debated the merits of industrial policy (IP). Yet, economists lack basic facts about its use. This study sheds light on industrial policy by measuring and studying global policy practice for the first time. We first create an automated classification algorithm for categorizing industrial policy practice from text. We then apply it to a global database of commercial policy descriptions and quantify policy use at the country, industry, and year levels (2009-2020). These data allow us to study fundamental policy patterns across the world. We highlight four findings. First, IP is common (25% of policies in our database) and has expanded since 2010. Second, instead of blunt tariffs, IP is granular and technocratic. Countries tend to use subsidies and export promotion measures, often targeted at individual firms. Third, the countries engaged most in IP tend to be wealthier (top income quintile) liberal democracies. In our data, IP is rarer among the poorest nations (bottom quintile). Fourth, IP is targeted toward a subset of industries and is highly correlated with an industry’s revealed comparative advantage. We show that industrial policy is a prominent feature of the global economy and a far cry from industrial policies of the past.
- Full text [pdf]
- Tuesday 7 May 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- GUIGUE Etienne (ENSAE) : Markups and Markdowns in the French Dairy Market
- Rémi Avignon
- AbstractSeparately measuring firm buyer and seller power is important for policy-making, but chal- lenging. In this paper, we suggest a new methodology to do so and apply it to French dairy processors. These firms exert buyer power when purchasing raw milk, and seller power when marketing dairy products. The analysis is based on plant-level data on dairy firms, with obser- vations on prices and quantities of raw-milk input by origin and output by product from 2003 to 2018. We rely on a production function approach to estimate total margins. The existence of a commodity, (i) substitutable as an input or as an output, and (ii) exchanged on global markets where firms are price-takers, allows us to separately estimate firm-origin markdowns and firm-product markups. We show this methodology can also be useful in other contexts, with more limited data. Markdown estimates imply that dairy firms on average purchase raw milk at a price 16% below its marginal contribution to their profits, while markup estimates indicate that firms sell dairy products at a price exceeding their marginal costs by 41%. Our re- sults show substantial variations in buyer and seller power exploitation across firms, products, and time. We analyze how shocks to local farmer costs and international commodity prices pass through the supply chain. Processors partially absorb such shocks by adjusting markups and markdowns, thus smoothing variations in farmer revenues. It further implies that 65% of subsidies are currently diverted from farmers due to processor buyer power. A price floor on raw milk could be an alternative welfare-improving policy.
- Full text [pdf]
- Tuesday 23 April 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- MAGLI Martina (LMU) : Should we stay or should we go? Firms' adjustment to trade shocks
- Holger Breilnich
- AbstractServices account for one-third of global trade, yet little is known about the impact of trade restrictions on services trade. To make progress in this area, it is crucial to understand through which Modes services are traded (cross-border, movement of people, foreign investment or consumption abroad) and how firms substitute among these Modes. We provide novel micro-level evidence on firms' Mode choices, combining detailed data on UK firms' trade and affiliates' sales. We also estimate the substitution between trade Modes using Brexit as an exogenous shock, finding that UK firms increasingly relied on local affiliate sales to serve the EU market after 2016. This shift protected firm-level services exports from expected higher trade barriers after Brexit, but at the cost of lower domestic employment.
- Tuesday 26 March 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- CONCONI Paola (Oxford) : A Political Disconnect? Evidence From Votes on EU Trade Agreements?
- Florin Cucu, Federico Gallina, and Mattia Nardotto
- AbstractIt has been argued that public engagement in democracies has declined in the last decades due to a growing disconnect between citizens and their representatives. The European Union is a case in point, if not the most prominent example of an institution seen as suffering from a “democratic deficit”. Even the directly elected members of the European Parliament (MEPs) are often accused of being disconnected from the interests of European citizens. However, little is actually known about whether European legislators respond to their voters’ interests when making critical policy choices. We address this question by studying the determinants of MEPs’ votes on the approval of EU trade agreements. Against widespread Eurosceptic arguments, we find that these votes reflect the trade policy interests of MEPs’ constituencies. The results are robust to controlling for a rich set of variables and fixed effects to account for potential confounding factors, and using different sets of votes and econometric methodologies. An instrumental variable approach supports a causal interpretation of our findings.
- Full text [pdf]
- Tuesday 12 March 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- RAUCH Ferdinand (Heidelberg) : Identifying Agglomeration Shadows: Long-run Evidence from Ancient Ports
- R. Hornbeck and G. Michaels
- AbstractWe examine "agglomeration shadows" that emerge around large cities, which discourage some economic activities in nearby areas. Identifying agglomeration shadows is complicated by endogenous city formation, however, and a "wave interference" that we show in simulations. We use the locations of ancient Mediterranean ports, which seeded modern cities, to estimate shadows cast on nearby areas. These patterns extend to modern city locations, more generally, and illustrate how encouraging growth in particular places can discourage growth of nearby areas.
- Tuesday 27 February 2024 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- DHINGRA Swati (LSE) : Citizen Training and the Urban Waste Footprint
- Fjolla Kondirolli and Stephen Machin
- AbstractWaste management is key to the Sustainable Development Goal of making cities and human settlements inclusive, safe, resilient, and sustainable. Untreated waste contributes to methane emissions, groundwater pollution, marine litter and public health and safety hazards, and is a growing problem in cities in developing countries. Segregation of waste at the source of generation has been proposed as a low-cost solution for reducing the amount of waste that needs to be landfilled. This paper examines the potential of segregation and recycling at source in improving waste management in the city of Patna in India. Citizen training in circular economy principles of segregation at source and reduction, reuse and recycling of waste was implemented. The intervention was staggered over time to clusters of urban residences on routes covered by municipal waste trucks, in collaboration with the city administration. Waste observations were undertaken to examine the impacts of the training programme on waste practices. Segregation rates increased substantially among households that received the intervention, based on pre-post differences and staggered difference-in-differences estimates. The findings suggest that decentralised waste management can provide a low-cost solution for developing countries to reduce their waste footprint.
- Tuesday 5 December 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- DEMIR PAKEL Banu (Oxford) : Plastic Turkey: International Leakages of China's Waste Contamination Policy
- Deniz Atalar and Swati Dhingra
- AbstractGlobal trade in plastic waste has increased by over 700 percent since the 1990s. Exports of plastic waste have flowed primarily from developed economies to emerging markets, raising concerns over the environmental and public health consequences of less stringent regulations in importing countries. Following domestic concerns, China tightened restrictions on contamination levels of plastic waste imports in 2017. Being the world's major importer of plastic waste, China's policy led to a dramatic diversion of trade. This paper shows that Turkey emerged as a major importer of plastic waste from more advanced economies. Importers in Turkey got access to cheaper foreign plastic waste and reduced their domestic purchases. Using a unique dataset on waste disposal by domestic firms, we show that firms in Turkey that generated plastic waste became more likely to mismanage it, including through burning or dumping in water bodies. Emissions from waste management increased in Turkish regions that were more specialised in production of the waste products banned by China. We model this channel of environmental degradation in a gravity model of trade and the environment to quantify the global spillovers of environmental externalities through trade and to examine the welfare impacts of the policy.
- Tuesday 21 November 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- TIAN Lin (INSEAD) : Field of Study, Career Choice, and Globalization
- Valerie Smeets and Sharon Traiberman
- AbstractThis paper highlights the importance of modeling students' field of study choices in understanding the labor market consequences of globalization shocks. We develop a dynamic general equilibrium framework that incorporates both a labor market where workers of different fields of study supply heterogeneous skills and an education technology that allows for students to choose their skills in anticipation of future skill demands. Leveraging the uniquely rich Danish administrative data and their colleague application system, we develop a new methodology to estimate students' field preferences, together with key labor market parameters. Our preliminary results indicate that accounting for field choices increases the switching elasticity with respect to wage shocks by over threefold.
- Tuesday 7 November 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- BOLER Esther Ann (Imperial AC) : Strapped for cash: the role of financial constraints for innovating firms
- Andreas Moxnes and Karen Helene Ulltveit-Moe
- AbstractThis paper makes use of a reform that allowed firms to use patents as stand-alone collateral, to estimate the magnitude of collateral constraints and to quantify the aggregate impact of these constraints on misallocation and productivity. Using detailed firm- and matched firm-bank data for Norway, we find that bank borrowing increased for firms affected by the reform relative to the control group. We also find an increase in the capital stock, employment and innovation as well as equity funding. We interpret the results through the lens of a model of monopolistic competition with potentially collateral constrained heterogeneous firms. Parameterizing the model using well-identified moments from the reduced form exercise, we find quantitatively large gains in output per worker in the sectors in the economy dominated by constrained (and intangible-intensive) firms. The gains are primarily driven by capital deepening, whereas within-industry misallocation plays a smaller role.
- Full text [pdf]
- Tuesday 17 October 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- TASCHEREAU-DUMOUCHEL Mathieu (Cornell) : Endogenous Production Networks under Supply Chain Uncertainty
- Alexandr Kopytov, Bineet Mishra and Kristoffer Nimark
- AbstractSupply chain disturbances can lead to substantial increases in production costs. To mitigate these risks, firms may take steps to reduce their reliance on volatile suppliers. We construct a model of endogenous network formation to investigate how these decisions affect the structure of the production network and the level and volatility of macroeconomic aggregates. When uncertainty increases in the model, producers prefer to purchase from more stable suppliers, even though they might sell at higher prices. The resulting reorganization of the network leads to less macroeconomic volatility, but at the cost of a decline in aggregate output. The model also predicts that more productive and stable firms have higher Domar weights—a measure of their importance as suppliers—in the equilibrium network. We calibrate the model to U.S. data and find that the mechanism can account for a sizable decline in expected GDP during periods of high uncertainty like the Great Recession.
- Full text [pdf]
- Tuesday 3 October 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- EGGER Peter (ETHZ) : How Uncertainty shapes the Spatial Economy
- Katharina Erhardt, Davide Suverato
- AbstractWe develop a dynamic general equilibrium trade model in which the economy is a collection of spatially separated competitive markets and agents (workers/consumers) choose optimally where to locate and seeking for a job. Agents are heterogeneous based on (i) their pre-determined choice of a region, sector and occupation and, also, on (ii) a non-insurable risk of aging, that implies a lower option value when changing region and job characteristics. By solving for the resulting dynamic spatial quantitative model with labor mobility under uncertainty we show that rational households behave differently compared to a setting with perfect foresight (e.g. Caliendo et al., 2019). In particular, adjustment to shocks slows down, with more people being stuck in poorer regions and higher inequality across regions and sectors in the long run. Furthermore, greater volatility in the productivity of a job (holding constant the mean) results in a strong decline in the attractiveness of those jobs. Using detailed administrative French data, we quantify the productivity-loss-equivalent of a rise in uncertainty and we document that the impact on the individual lifetime welfare of an increase in uncertainty is comparable to the one of a medium-large negative productivity shock.
- Full text [pdf]
- Tuesday 19 September 2023 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- NAGY David (CREI - UPF) : The Death and Life of Great British Cities
- S. Heblich, A. Trew and Y. Zylberberg
- AbstractThis paper studies how cities’ industrial structure shapes their life and death. Our analysis exploits the large heterogeneity in the early composition of English and Welsh cities. We extract built-up clusters from early historical maps, identify settlements at the onset of the nineteenth century, and isolate exogenous variation in the nature of their rise during the transformation of the economy by the end of the nineteenth century. We then estimate the causal impact of cities’ population and industrial specialization on their later dynamics. We find that cities specializ- ing in a small number of industries decline in the long run. We develop a dynamic spatial model of cities to isolate the forces which govern their life and death. Intratemporally, the model captures the role of amenities, land, local productivity and trade in explaining the distribution of economic activity across industries and cities. Intertemporally, the model can disentangle the role of aggregate industry dynamics from city-specific externalities. We find that the long-run dynamics of English and Welsh cities is explained to a large extent by such dynamic externalities à la Jacobs.
- Full text [pdf]
- Tuesday 27 June 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- MORROW John (Kings College London) : Firms in Product Space: Adoption, Growth, and Competition
- Luca Macedoni and Vlad Tyazhelnikov
- AbstractWhich products are produced together or potentially produced? Can any firm eventually supply any new demand? Standard product classifications contain answers to these questions by representing an inherent product space firms operate in, but in practice they represent multiple organizational relationships. Taking a production based approach using multi-product production patterns within and across firms, we recover a continuous cost based distance between pairs of products and firms. Product distance implies a product adoption path, with each rank of product distance decreasing adoption frequency by .7 percent relative to base and the 5 percent of closest products explain 14 per cent of adoptions. When export demand for unproduced products induces domestic adoption, closer firms supply them. Having a nearby product increases sales and scope growth, as does being further away from the average firm. Having a nearby firm increases focus on core products and the likelihood of merging.
- Tuesday 13 June 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R1-15
- BESEDES Tibor (Georgia Institute of Technology) : Trade Integration and the Fragility of Trade Relationships: Theory and Empirics
- J. Moreno-Cruz and V. Nitsch
- Full text [pdf]
- Tuesday 6 June 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- SIMONOVSKA Ina (U. California, Davis) : Cancelled
- Tuesday 23 May 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, Amphitheater
- XU Daniel (Duke) : Regulating conglomerates in China : Evidence from an Energy Conservation Program
- AbstractThis seminar is part of the conference ‘PSE Global issues Conference “Re/De/Globalization”, 22-24 May 2023.
- Full text [pdf]
- Tuesday 9 May 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- SFORZA Alessandro (U. Bologna) : Credit shocks and firms’ organization
- E. Acabbi
- AbstractWhat happens to firms' organizational structure when they are hit by a negative credit shock? By matching employer-employee data with firm loans and bank balance sheets, we study firms' reactions to a credit shock–the global financial crisis—using a combination of event study design and instrumental variable. We evaluate the impact of a credit shortage on the organization of labor within the firm: when hit by a credit supply shock, firms reduce employment of team leaders more than lower-skilled production workers, while no adjustment is found at the top of the organizational hierarchy. We show that working capital impacts the re-organization of the firms' labor structure via the financing of machines: firms that invested in machines before the financial crisis are more exposed to the credit shock and re-organize by reducing employment of workers that are complementary with machines. The results provide novel evidence of heterogenous complementarities between working capital and skills along the hierarchy of the firm.
- Tuesday 11 April 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- THEODORAKOPOULOS Angelos (Aston Business school) : Intangibles within Firm Boundaries
- Bruno Merlevede (Ghent University)
- Full text [pdf]
- Tuesday 28 March 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- BORUSYAK Kirill (university College London) : Understanding Migration Responses to Local Shocks: Theory and Evidence from the United States
- R. Dix-Carneiro and B. Kovak
- Full text [pdf]
- Tuesday 14 March 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- SANTAMARIA Marta (U. Warwick) : Community Networks and Trade
- Johannes Boken, Lucie Gadenne and Tushar Nandi
- Full text [pdf]
- Tuesday 14 February 2023 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- ZAGO Angelo (U. Verona) : Quality, Collective Reputation and International Trade in Wines
- P. Bontems, D. Lubian
- AbstractWe introduce a model of heterogenous firms with endogenous product quality and collective reputation and develop an empirical strategy to test the models’ predictions. We find that our model better matches the data at hand, based on wine production and export data at firm level. In Melitz (Ecmtca, 2003), most productive firms can serve foreign markets. If quality is endogenous, however, things may differ. We extend this literature with a model in which quality is endogenous and considering collective reputation, as is the case of many manufacturing sectors of developed countries, e.g., Swiss Made watches, German cars, French wine, etc. Crozet et al. (RES, 2012) propose a quality-sorting version of Melitz (2003) and test it with firm level data. They propose (probably) the first empirical attempt to test the quality interpretation of Melitz (2003), combining firm-level data that directly measures quality (from Juhlin, a Champagne Wines guidebook) and trade (from export data) for Champagne makers. Building on Melitz & Ottaviano (RES, 2008) and Antoniades (JIE, 2015), we start from a monopolistic competition model, in which firms are heterogenous in innate quality. In addition, firms can improve quality by exerting quality development effort; moreover, production exhibits constant returns to scale, with marginal cost increasing in innate quality and final quality. On the other hand, demand is influenced by perceived quality, expressed as a weighted average of true firm quality (individual reputation) and average quality in the market, i.e., “collective reputation”, in the sense of Fleckinger (wp, 2007). In the theoretical analysis we show, among other things, that the exported quality and the range of exporting firms depend on the degree of expertise of the destination market’s consumers, that is their ability to distinguish individual vs. collective reputations. Using micro-data at the firm’s level, we test whether quality, collective reputation (CR) and consumer expertise in the destination countries have an effect on the extensive and intensive margins of trade. We construct a set of quality indicators based on the major wine guides associated to firms. We use data on wine firms located in the Verona province, an interesting setting per se, since it has both red and white wines. In addition, for red wines in particular, it has experienced a significant increase in worldwide reputation (especially for Amarone wines) and demand. To obtain a proxy of consumer expertise in each destination market, we use Google searches in different countries by retrieving data from Google Trends. Therefore, we estimate an otherwise ‘standard’ gravity equation where - among other explanatory variables such as distance, GDP, population, etc. - we have proxies for collective reputation, quality and the degree of consumers’ expertise in the destination markets. Using cross-sectional data, we find that quality, collective reputation and consumer expertise are indeed important in making exporting more likely (extensive margins), in exporting different products, and (to some extent) also in exporting more (intensive margins). Overall, we fail to reject the null hypothesis that the degree of expertise in destination markets do not have an effect on the firms that export and the product they do export. This seems to suggest that the endogenous quality model we propose better fits the data at hand.
- Tuesday 13 December 2022 14:45-16:15
- SANTAMARIA Marta (U. Warwick) : CANCELLED - Understanding Home Bias in Procurement: Evidence from National and Subnational Governments
- Manuel García-Santana (World Bank)
- AbstractAre governments locally biased when buying goods and services from private firms? And if so, to what extent can this home bias explain the lack of integration in procurement markets across regions and countries? Using more than one million public procurement contracts awarded by 30,000 government agencies in French and Spanish regions, we explore the hypothesis that a government’s home bias depends on the geographical level at which the government operates. To test our hypothesis, we classify agencies into national agencies (i.e., the central or federal administration) and subnational agencies (i.e., an individual region or territory within the country). We then identify the relative home bias across governments with a novel identification strategy that relies on observing the same establishment selling the same product to national and subnational governments located in the same destination, controlling for firm and origin-destination characteristics. Our results show that the government’s home bias, especially that of subnational agencies, explains a big part of the high levels of local concentration in government procurement across regions and countries. Our findings point towards significant inefficiencies in the allocation of government procurement expenditure across firms, regions, and countries within the European Union.
- Tuesday 29 November 2022 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- KOZENIAUSKAS Nicholas (Bank of Portugal) : Demand Learning, Customer Capital, and Exporter Dynamics,
- S. Lyon
- Full text [pdf]
- Tuesday 15 November 2022 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- OSSA Ralph (U. Zurich) : Trade, Growth, and Patenting: A Quantitative Evaluation of TRIPS
- D. Hémous, T. Sampson, and J. Schärer
- Tuesday 18 October 2022 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- RUZIC Dimitrije (INSEAD) : Factor-Biased Outsourcing: Implications for Capital-Labor Substitution
- Tuesday 4 October 2022 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- MANELICI Isabela (LSE) : Responsible Sourcing? Theory and Evidence from Costa Rica.
- A. Alfaro-Ureña, B. Faber, C. Gaubert, and J. P. Vasquez
- Full text [pdf]
- Tuesday 20 September 2022 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- MIYAUCHI Yuhei (Boston U.) : Spatial Production Networks
- Costas Arkolakis and Federico Huneeus
- Full text [pdf]
- Tuesday 28 June 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- STEINWENDER Claudia (LMU, CEPR and NBER) : Omnia Juncta in Uno: Foreign Powers and Trademark Protection in Shanghai’s Concession Era
- L. Alfaro, C. Bao, M.X. Chen, and J. Hong
- Full text [pdf]
- Tuesday 14 June 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R1-14
- SMEETS Valerie (Aarhus University and CEPR) : High-Skill Immigration, Offshore R&D, and Firm Dynamics
- Eunhee Lee and Jingting Fan
- Full text [pdf]
- Tuesday 31 May 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R1-09
- GANAPATI Sharat (Georgetown) : Urban Welfare: Tourism in Barcelona
- T. Allen, S. Fuchs, A. Graziano, R. Madera, and J. Montoriol-Garriga
- Full text [pdf]
- Tuesday 17 May 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- BLANCHARD Emily (Dartmouth) : ANNULE/CANCELLED
- Tuesday 19 April 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- MION Giordano (ESSEC and CEPR) : Dream Jobs in a Globalized Economy: Wage Dynamics and International Experience
- Luca David Opromolla and Gianmarco I.P. Ottaviano
- Full text [pdf]
- Tuesday 5 April 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- CHEN Kevin (SIEPR) : Markups, Quality, and Trade Costs
- Luciana Juvenal
- Tuesday 15 March 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- DORN David (U. Zurich and CEPR) : No Help for the Heartland? The US Employment Effects of the Trump Tariffs
- D. Autor, A. Beck and G. Hanson
- Tuesday 8 March 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- BAKKER Jan (Bocconi University) : Cities, Heterogenous Firms and Trade
- A. Garcia-Marin, A. Potlogea, N. Voigtländer, Y. Yang
- Full text [pdf]
- Tuesday 8 February 2022 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R1-09
- LEVCHENKO Andrei (Michigan) : The Long-Term Effects of Industrial Policy
- J. Choi
- Full text [pdf]
- Tuesday 14 December 2021 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris, salle R1-15
- BAKKER Jan (Bocconi University, CEP and IFS) : Cancelled Cities, Heterogenous Firms and Trade
- A. Garcia-Marin, A. Potlogea, N. Voigtländer, Y. Yang
- Full text [pdf]
- Tuesday 30 November 2021 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- ARIU Andrea (U. of Milan - CEPR) : On the Mystery of the Missing Trade in Services
- Tuesday 16 November 2021 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- DEMIR PAKEL Banu (Oxford) : O-Ring Production Networks
- C. Fieler, D. Xu, and K. Yang
- Full text [pdf]
- Tuesday 19 October 2021 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- CARLUCCIO Juan (Banque de France) : From Macro to Micro : Heterogeneous Exporters in the Pandemic
- Jean-Charles Bricongne, Sebastian Stumpner, Lionel Fontagné, and Guillaume Gaulier
- Full text [pdf]
- Tuesday 5 October 2021 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- MÉJEAN Isabelle (Science Po) : Supply shocks in supply chains: Evidence from the early lockdown in China
- Raphaël Lafrogne-Joussier et Julien Martin
- Full text [pdf]
- Tuesday 21 September 2021 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 405
- GRASSI Basile (Bocconi University - CEPR) : The Hitchhiker's Guide to Markup Estimation
- Maarten De Ridder and Giovanni Morzenti
- AbstractHow do estimates of firm-level markups that rely on production function estimations depend on common data limitations? With a tractable analytical framework, simulation from a quantitative model, and firm-level administrative production and pricing data, we study biases due to the use of revenue instead of quantity, and due to production function misspecification. Estimates from revenue mismeasure the level of markups, but do contain useful information about true markups. Conversely, misspecified production functions have little effect on the estimated average markup but reduce their information content. Finally, revenue and quantity markups display similar correlations with variables such as profitability and market share in our data.
- Full text [pdf]
- Tuesday 22 June 2021 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - Amphi
- EGGER Peter (ETHZ) : Empirical Productivity Distributions and International Trade
- K. Erhardt (DICE) and S. Nigai (CU Boulder)
- Abstracttba
- Tuesday 8 June 2021 14:30-16:00
- Using Zoom
- BOSKER Maarten (Erasmus University Rotterdam) : Desarrollo alternativo: the sensitivity of Colombian coca production to legal commodity price shocks
- Sophie de Vries Robbé
- AbstractColombia is the world's major producer of coca leaves. An important pillar of Colombia's efforts to curb the production of this illicit crop is to induce farmers to substitute coca for a viable legal alternative. In this paper we identify the extent to which farmers respond to variation in the price of five of the most promising legal alternatives when deciding how much coca to plant – coffee, palm oil, cocoa, sugar, and banana. We do this using a rich, spatially very detailed dataset that contains yearly information on the amount of coca grown in each of over 31,000 villages (veredas) in Colombia over the period 2001-2018. For identification, we exploit exogenous variation in legal commodity prices, in combination with detailed information about the soil and climatic suitability of each village for growing the five alternative crops that we consider. We find that farmers in villages more suitable for growing coffee and banana respond to price increases of these particular legal alternatives by planting less coca. We discuss why we find this effect for these two crops only, and not for cocoa, sugar, or palm oil. Moreover, the response to price shocks is strongest in villages with better market access.
- Tuesday 1 June 2021 14:30-16:00
- Using Zoom
- CHANEY Thomas (Sciences Po) : The Immigrant Next Door: Exposure, Generosity, and Prejudice
- Leonardo Bursztyn (U. of Chicago and NBER), Tarek Hassan (Boston U., NBER, and CEPR), and Aakaash Rao (Harvard U.)
- Full text [pdf]
- Tuesday 25 May 2021 14:30-16:00
- Using Zoom
- CONCONI Paola (Oxford) : Trade Protection Along Supply Chains
- C. Bown (Peterson Institute and CEPR), A. Erbahar (Erasmus University, Rotterdam and Tinbergen Institute), L. Trimarchi (Université de Namur)
- Full text [pdf]
- Tuesday 11 May 2021 14:30-16:00
- Using Zoom
- BONFIGLIONI Alessandra (Queen Mary University of London) : Robots, Offshoring and Welfare
- Rosario Crino, Gino Gancia and Ioannis Papadakis
- Full text [pdf]
- Tuesday 27 April 2021 14:30-16:00
- Using Zoom
- MARTIN Jamie : Buyer-seller networks and price dynamics in international trade
- François Fontaine (PSE) and Isabelle Mejean (CREST-Ecole Polytechnique and CEPR)
- Tuesday 13 April 2021 14:30-16:00
- Using Zoom
- EECKHOUT Jan (UPF Barcelona) : Market Power and Wage Inequality
- Shubhdeep Deb, Aseem Patel and Lawrence Warren
- Tuesday 30 March 2021 14:30-16:00
- Using Zoom
- OTTAVIANO Gianmarco (Bocconi University & CEPR) : The Backlash Against Globalization
- Italo Colantone, Piero Stanig
- Tuesday 16 March 2021 14:30-16:00
- Using Zoom
- COSTINOT Arnaud (MIT) : International Trade and Earnings Inequality: A New Factor Content Approach
- R. Adao (Chicago Booth), P. Carrillo (GWU)
- Full text [pdf]
- Tuesday 2 March 2021 14:30-16:00
- Using Zoom
- PETERS Dominik (Dauphine) : European Immigrants and the United States' Rise to the Technological Frontier
- Costas Arkolakis and Sun Kyoung Lee
- Tuesday 16 February 2021 14:30-16:00
- Using Zoom
- MARTIN Philippe (Sciences Po) : Trade Imbalances and the Rise of Protectionism
- Samuel Delpeuch et Etienne Fize
- Full text [pdf]
- Tuesday 8 December 2020 14:45-16:15
- Using Zoom
- ALBORNOZ Facundo (Nottingham) : Firm Export Responses to Tariff Hikes
- Irene Brambilla and Emanuel Ornelas
- Full text [pdf]
- Tuesday 24 November 2020 14:45-16:15
- Using Zoom
- GUADALUPE Maria (INSEAD) : The Perfect Match: Assortative Matching in Mergers and Acquisitions
- Veronica Rappoport, Bernard Salanié and Catherine Thomas
- Tuesday 10 November 2020 14:45-16:15
- Using Zoom
- GAUBERT Cécile (Berkeley, visiting à Science Po) : Place-Based Redistribution
- Pat Kline and Danny Yagan
- Full text [pdf]
- Tuesday 13 October 2020 14:45-16:15
- Using zoom
- SUVERATO Davide (ETH Zurich) : Market Power and Wage Inequality in the Global Economy
- Gianmarco Ottaviano (Bocconi University)
- Tuesday 29 September 2020 14:45-16:15
- Using Zoom
- FLACH Lisandra (Munich) : Corporate Taxes and Multi-Product Exporters: Theory and Evidence from Trade Dynamics
- Michael Irlacher and Florian Unger
- Full text [pdf]
- Tuesday 15 September 2020 14:45-16:15
- Using Zoom
- BREINLICH Holger (Surrey) : Gravity with Granularity
- Harald Fadinger, Nicolas Schutz and Volker Nocke; all at Mannheim university
- Full text [pdf]
- Tuesday 23 June 2020 14:30-16:00
- PSE, Using ZOOM
- BESEDES Tibor (Georgia Institute of Technology) : Unfriendly Skies: The Impact of Increases in Distance on Bilateral Trade
- Jing Chu and Antu Panini Murshid (both University of Wisconsin Milwaukee)
- Full text [pdf]
- Tuesday 9 June 2020 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-01
- BLANCHARD Emily (Dartmouth) : POSPONED
- Tuesday 26 May 2020 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- DI GIOVANNI Julian (NY Fed) : POSTPONED
- Tuesday 26 May 2020 14:30-16:00
- PSE, Using Zoom
- FADINGER Harald (Mannheim) : Using ZOOM
- Tuesday 12 May 2020 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- HANDLEY Kyle (Michigan) : POSTPONED
- Tuesday 31 March 2020 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- GUADALUPE Maria (INSEAD) : POSTPONED
- Tuesday 17 March 2020 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- GANAPATI Sharat (Georgetown) : POSTPONED
- Woan Foong Wong (University of Oregon) and Oren Ziv (Michigan State University)
- Full text [pdf]
- Tuesday 3 March 2020 14:30-16:30
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- EGGER Peter (ETH Zurich) : Decomposing the Economic Effects of Transport Infrastructure
- Tuesday 4 February 2020 14:30-16:30
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- GIORDANI Paolo (Rome) : Unintended consequences: can the rise of the educated class explain the revival of protectionism?
- Fabio Mariani
- Full text [pdf]
- Tuesday 17 December 2019 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 402
- BEKKERS Eddy (WTO) : The welfare effects of trade policy experiments in quantitative trade models: the role of solution methods and baseline calibration
- Full text [pdf]
- Tuesday 3 December 2019 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 402
- MRAZOVA Monika (U. Geneva) : IO for Export(s)
- J. Peter Neary
- Full text [pdf]
- Tuesday 19 November 2019 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés) SALLE H 402
- FABER Ben (PSE) : Scaling Agricultural Policy Interventions: Theory and Evidence from Uganda
- Lauren Bergquist, Thibault Fally, Matthias Hoelzlein, Edward Miguel and Andres Rodriguez-Clare
- Full text [pdf]
- Tuesday 5 November 2019 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères, 75007 Paris (M° Saint Germain des Prés), SALLE H 402
- KELLER Wolfgang (Colorado) : Globalization, Gender, and the Family
- Hâle Utarz, Bielefeld University and CESifo
- Full text [pdf]
- Tuesday 22 October 2019 14:30-16:00
- Maison des Sciences Economiques, Université Paris 1, 106-112 boulevard de l’hôpital, 75013 Paris (M° Campo-Formio), salle du 6ème
- VILLEGAS SANCHEZ Carolina (ESADE, Barcelone) : Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects
- Christian Fons-Rosen, Sebnem Kalemli-Ozcan, Bent E. Sorensen, Vadym Volosovych
- Full text [pdf]
- Tuesday 15 October 2019 14:30-16:00
- Maison des Sciences Economiques, Université Paris 1, 106-112 boulevard de l’hôpital, 75013 Paris (M° Campo-Formio), salle du 6ème
- GROSSMAN Gene (Princeton) : The 'New' Economics of Trade Agreements: From Trade Liberalization to Regulatory Convergence?
- Phillip McCalman, and Robert W. Staiger
- Full text [pdf]
- Tuesday 8 October 2019 14:30-16:00
- Maison des Sciences Economiques, Université Paris 1, 106-112 boulevard de l’hôpital, 75013 Paris (M° Campo-Formio), salle du 6ème
- BUSTOS Paula (CEMFI) : Capital Accumulation and Structural Transformation
- G. Garber and J. Ponticelli
- Full text [pdf]
- Tuesday 24 September 2019 14:30-16:00
- Maison des Sciences Economiques, Université Paris 1, 106-112 boulevard de l’hôpital, 75013 Paris (M° Campo-Formio), salle du 6ème
- MEDINA QUISPE Pamela (Toronto) : Capital-Reallocation Frictions and Trade Shocks
- Andrea Lanteri, Eugene Tan
- Full text [pdf]
- Tuesday 25 June 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-01
- BOMBARDINI Matilde (UBC) : Trade, Pollution and Mortality in China
- Bingjing Li (National University of Singapore)
- Full text [pdf]
- Tuesday 11 June 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- M. PARENTI Mathieu (ULB) : A simple theory of deep trade integration
- Gonzague Vannoorenberghe (Louvain)
- Tuesday 28 May 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- NAGY David (CREI - UPF) : All aboard: The aggregate effects of port development
- César Ducruet (CNRS), Réka Juhász (Columbia University), Claudia Steinwender (MIT Sloan)
- Tuesday 14 May 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- RODRIGUEZ CLARE Andres (Berkeley) : The Textbook Case for Industrial Policy: A Quantitative Exploration.
- Dominick Bartelme, Arnaud Costinot, Dave Donaldson
- Full text [pdf]
- Tuesday 16 April 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- CHATTERJEE Kalyan (Penn State) : Market Power and Spatial Competition in Rural India
- Full text [pdf]
- Tuesday 2 April 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- IMPULLITTI Giammario (Nottingham) : Innovation and Trade Policy in a Globalized World
- U. Akcigit and S. Ates
- Full text [pdf]
- Tuesday 19 March 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- BUSTOS Paula (CEMFI) : Capital Accumulation and Structural Transformation
- Jacopo Ponticelli and Gabriel Garber
- Full text [pdf]
- Tuesday 19 February 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- SAMPSON Thomas (LSE) : Technology Gaps, Trade and Income
- Full text [pdf]
- Tuesday 5 February 2019 14:30-16:00
- PSE, Campus Jourdan, 48 boulevard Jourdan, 75014, Paris - salle R2-21
- WACZIARG Romain ((UCLA) ) : Economic Integration and Structural Change
- Jean Imbs (PSE, CEPR) and Claudio Montenegro (The World Bank)
- Tuesday 22 January 2019 14:45-16:15
- Sciences Po - 28 rue des Saints-Pères 75007 Paris, 4ème étage, salle H 405
- MUENDLER Marc (UC San Diego) : Tasks, Occupations, and Wage Inequality in an Open Economy
- Sascha O. Becker (University of Warwick, CEPR and CESifo), Hartmut Egger (University of Bayreuth and CESifo), Michael Kochk (University of Bayreuth)
- Tuesday 18 December 2018 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères 75007 Paris, 4ème étage, salle H 401
- YOTOV Yoto (Drexel) : The Effectiveness of Sanctions: New Evidence Based on Structural Gravity and a New Database
- G. Felbermayr, C. Syropoulos, E. Yalcin
- Monday 10 December 2018 12:00-13:00
- PSE, campus Jourdan, 48 boulevard Jourdan - 75014 Paris, salle R1-13
- TAYLOR Scott (University of Calgary) : Is Free Trade Good for Resources (Labellisé par les Assises de la recherche de l'Université Paris 1)
- Jevan Cherniwchan (Alberta Business School)
- AbstractThis paper develops a simple and tractable model of international trade and renewable resource use to facilitate an empirical assessment of international trade's impact on natural resource stocks. We do so by generalizing earlier theoretical work, within a small open economy framework, to derive a simple estimating equation linking changes in resource stocks to country characteristics and trade barriers. An empirical application studying deforestation in Indonesia is presented to provide a proof of principle test for the new method.
- Tuesday 4 December 2018 14:45-16:15
- Sciences Po, 28 rue des Saints-Pères 75007 Paris, 1er étage, salle A 13
- BERNARD Andrew (PSE) : Heterogeneous Globalization: Offshoring and Reorganization
- Teresa Fort, Valerie Smeets and Frederic Warzynski
- Full text [pdf]
- Tuesday 20 November 2018 14:45-16:15
- Sciences Po, 27 rue Saint-Guillaume 75007 Paris, 1er étage, salle A 13
- JARAVEL Xavier (LSE) : What are the Price Effects of Trade? Evidence from the U.S. and Implications for Quantitative Trade Models
- E. Sager
- Full text [pdf]
- Tuesday 6 November 2018 14:45-16:15
- Sciences Po, 27 rue Saint-Guillaume 75007 Paris, 1er étage, salle A 13
- HALLER Stefanie (UCD) : How exporters grow
- Doireann Fitzgerald and Yaniv Yedid-Levi.
- Full text [pdf]
- Tuesday 23 October 2018 14:30-16:00
- MSE - 106 boulevard de l'Hôpital, 75013 Paris - Room 6th floor
- FELBERMAYR Gabriel (Munich) : Rules of Origin and the Profitability of Trade Deflection
- Feodora Teti and Erdal Yalcin
- Full text [pdf]
- Tuesday 9 October 2018 14:30-16:00
- MSE - 106 boulevard de l'Hôpital, 75013 Paris - Room 6th floor
- WEI Shang-Jin (Columbia Graduate School of Business) : Re-examining the Effect of Trading with China on US Local Labor Markets: A Supply Chain Perspective
- Z. Wang, X. Yu, K. Zhu
- Full text [pdf]
- Tuesday 25 September 2018 14:30-16:00
- MSE - 106 boulevard de l'Hôpital, 75013 Paris - Room 6th floor
- HARRIGAN James (Virginia) : Techies, Trade, and Skill-Biased Productivity: Firm Level Evidence from France
- Ariell Reshef, Farid Toubal
- Tuesday 26 June 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R1-09
- MEJEAN I. (Polytechnique) : Search Frictions in International Good Markets
- Clémence Lenoir (CREST-ENSAE) et Julien Martin (UQAM)
- AbstractWe develop and estimate a model of search frictions in international good markets and study its implications for individual and aggregate trade flows. The mdoel introduces random meeting of buyers in an otherwise standard Eaton and Kortum (2002) framework. We show that search frictions impede aggregate exports but have a non-trivial impact on individual firms' trade. A reduction in these frictions increases sellers' exposure to foreign buyers but also reduces their chance to be the lowest cost supplier because of more competition among sellers. We build on this model to structurally estimate search frictions faced by French exporters using a generalized method of moments and firm-to-firm French export data. We document the magnitude of these frictions across sectors and destinations and show that their presence help; i) reconcile the EK framework with heterogeneity in firm-level export behaviours; and ii) quantify the relative role of search frictions and productivity heterogeneity in the selection of firms into export.
- Tuesday 12 June 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- REDDING S. (Princeton) : Accounting for Trade Patterns
- David E. Weinstein Columbia University and NBER
- Full text [pdf]
- Tuesday 29 May 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- OSSA R. (Zurich) : Accounting for the New Gains from Trade Liberalization
- Chang-Tai Hsieh University of Chicago and NBER, Nicholas Li University of Toronto, Mu-Jeung Yang University of Washington, Seattle
- Full text [pdf]
- Tuesday 15 May 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- DIX-CARNEIRO R. (Duke) : Trade and Informality in the Presence of Labor Market Frictions,
- P. Goldberg, C. Meghir and G. Ulyssea
- Tuesday 3 April 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R1-13
- KRAUTHEIM S. (U. Passau) : The International Organization of Production in the Regulatory Void
- Philipp Herkenhoff
- Full text [pdf]
- Tuesday 20 March 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- DORN David (U. Zurich and CEPR) : Foreign Competition and Domestic Innovation: Evidence from U.S. Patents.
- David Autor, Gordon Hanson, Gary Pisano and Pian Shu.
- Full text [pdf]
- Monday 12 March 2018 12:00-14:00
- The session was canceled.
- PSE, 48 boulevard Jourdan, 75014 Paris, Salle R1-13
- TAYLOR Scott (Calgary) : *
- AbstractJoint with PSE Regulation and Environment Seminar
- Tuesday 6 March 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- BAHAR Dany (Brookings) : Diasporas, return migration and comparative advantage: a natural experiment of Yugoslavian refugees in Germany
- Andreas Hauptmann, Cem Ozguzel and Hillel Rapoport
- Full text [pdf]
- Tuesday 6 February 2018 14:30-16:00
- PSE, 48 boulevard Jourdan, 75014 Paris - salle R2-21
- ECKEL C. (Munich) : TOO MUCH OF A GOOD THING? EXPORTERS, MULTIPRODUCT FIRMS AND LABOR MARKET IMPERFECTIONS
- Stephen R. Yeaple
- Full text [pdf]
- Tuesday 23 January 2018 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- VAN BIESEBROECK Johannes (KU) : *Comparative advantage in routine production
- Liza Archanskaia and Gerald Willmann
- Full text [pdf]
- Tuesday 9 January 2018 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- RAPPOPORT Daniel (Chicago Booth) : *The Birth of a Multinational: Innovation and Foreign Acquisitions
- J. Goldman, M. Guadalupe
- Full text [pdf]
- Tuesday 19 December 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- NOVY Dennis (Warwick) : Currency Unions, Trade, and Heterogeneity
- Natalie Chen (Warwick)
- Tuesday 5 December 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- WILLMANN Gerald (Bielefeld) : *Unequal Gains, Prolonged Pain: A Model of Protectionist Overshooting
- Emily Blanchard (Dartmouth)
- Tuesday 21 November 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- MANOVA Kalina (Oxford) : *The Origins of Firm Heterogeneity: A Production Network Approach
- A. Bernard (Dartmouth Tuck), E. Dhyne (NBB), A. Moxnes (Oslo), and G. Magerman (ECARES).
- AbstractThis paper quantifies the origins of firm size heterogeneity when firms are interconnected in a production network. We document new stylized facts about the universe of buyer-supplier relationships among all firms in Belgium during 2002-2014. These facts motivate a model in which firms buy inputs from upstream suppliers and sell to downstream buyers and final demand. Firms can be large not only because they have high production capability (i.e. productivity or product quality), but also because they interact with more, better and larger buyers and suppliers, and because they are better matched to their buyers and suppliers. The model delivers an exact decomposition of firm size into supply an demand margins with firm, buyer/supplier and match components. We establish three empirical results. First, demand factors explain 81% of firm size heterogeneity, while supply factors only 19%. Second, nearly all the variation on the demand side (99%) is driven by sales to other firms rather than final demand. By contrast, 88% of the variation on the supply side reflects heterogeneity in own production capability and 12% comes from input suppliers. Third, the extensive margin of the production network dominates the intensive margin. Most of the variance in the network demand and network supply components of firm size is determined by the number of customers and suppliers, rather than their size or capability. Second most important is that firms transact more with partners that are simultaneously more capable and better bilateral matches.
- Tuesday 7 November 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- O'ROURKE Kevin (Oxford) : * Empire, distance, and British exports 1700-1900
- Tuesday 17 October 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- ANDERSON Chris (LSE) : *Short Run Gravity
- Y. Yotov
- Full text [pdf]
- Tuesday 10 October 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- LARCH Mario (Bayreuth) : *Trade and Investment in the Global Economy
- James E. Anderson and Yoto V. Yotov
- Full text [pdf]
- Tuesday 26 September 2017 14:45-16:15
- ScPo, 28 rue des Saints Pères, 75007 Paris, salle H405
- TREFLER DAN (Toronto) : *Trade and Innovation: The Role of Scale and Competition Effects
- Kevin Lim & Miaojie Yu
- Tuesday 27 June 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan, 75014 Paris, salle R2-20
- HARMUT Egger (U. of Bayreuth) : *Offshoring and Job Polarisation between Firms
- Udo Kreickemeier (Dresden)
- Full text [pdf]
- Tuesday 13 June 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- ATKIN David (MIT) : *Who's Getting Globalized? The Size and Implications of Intranational Trade Costs
- Dave Donaldson (Stanford)
- Full text [pdf]
- Tuesday 6 June 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan 75014 Paris, salle R1-14
- LASHKARI D. (Harvard) : *Innovation, Knowledge Diffusion, and Selection
- Full text [pdf]
- Tuesday 30 May 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- MORROW Peter (U. of Toronto) : * Endowments, Factor Prices, and Skill-Biased Technology: Importing Development Accounting into HOV
- Daniel Trefler (Toronto)
- Full text [pdf]
- Tuesday 16 May 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan, 75014 Paris, salle R2-01
- DONALDSON Dave (MIT & CEPR) : *“Sector-Level Economies of Scale: Estimation Using Trade Data”.
- D. Bartelme (Michigan), A. Costinot (MIT) and A. Rodriguez-Clare (Berkeley)
- Tuesday 2 May 2017 14:30-16:00
- MSE(106, Blv de l'Hôpital, salle du 6ème étage) 75013 Paris
- BOSKER Maarten (Erasmus University Rotterdam) : Iceberg transport costs in the Frozen Water Trade
- Eltjo Buringh
- AbstractIceberg transport costs are one of the main ingredients of modern trade and economic geography models: transport costs are modelled by assuming that a fraction of the goods shipped "melts in transit''. In this paper, we investigate whether the iceberg assumption applies to the costs of transporting the only good that literally melts in transit: ice. Using detailed information on Boston's worldwide nineteenth-century Frozen Water Trade, we show that iceberg transport costs in practice were a combination of a true ad-valorem (iceberg) cost: melt in transit, and per unit freight and (off)loading costs. The physics of the melt process and the practice of insulating the ice in transit imply an immediate violation of the iceberg assumption: shipping ice is subject to economies scale.
- Tuesday 18 April 2017 14:30-16:00
- MSE - 106, Blv de l'Hôpital,75013 Paris - salle 115
- BOLER Esther Ann (Imperial AC) : *Technology-skill complementarity in a globalized world
- Full text [pdf]
- Tuesday 21 March 2017 14:30-16:00
- Campus Jourdan, 48 boulevard Jourdan, 75014 Paris, salle R2-21
- CROWLEY Meredith (U. of Cambridge) : Decomposing Exchange Rate Pass Through: Evidence from Chinese Exporters
- Lu Han and Huasheng Song
- Tuesday 7 March 2017 14:30-16:00
- MSE,106, Blv de l'Hôpital, 75013 Paris, salle du 6ème étage
- CHANEY Thomas (Sciences Po) : Trade, Merchants, and the Lost Cities of the Bronze Age
- Gojko Barjamovic, Kerem Cosar, Ali Hortacsu
- Tuesday 21 February 2017 14:30-16:00
- Maison des Sciences Economiques, 106-112 boulevard de l'Hôpital, 75013 Paris, salle du 6ème étage
- JAVORCIK Beata (U. of Oxford) : When a Policy Backfires: The Unintended Consequences of Taxing Import Financing
- Banu Demir (Bilkent University)
- Tuesday 24 January 2017 14:45-16:15
- ScPo, 56, rue des Saints-Pères Salle : GOGUEL
- ANTRAS P. (Harvard) : *Globalization, Inequality and Welfare
- Alonso de Gortari and Oleg Itskhoki.
- Full text [pdf]
- Tuesday 10 January 2017 14:45-16:15
- ScPo, 28, rue des Saints-Pères Salle : H402
- COSTINOT A. (MIT) : *Micro to Macro: Optimal Trade Policy with Firm Heterogeneity
- A. Rodriguez-Clare and I. Werning
- Full text [pdf]
- Tuesday 13 December 2016 14:45-16:15
- ScPo, 28, rue des Saints-Pères Salle : H402
- MARTIN Philippe (ScPo) : *The International Elasticity Puzzle Is Worse Than You Think
- Lionel Fontagné (Paris School of Economics - Université Paris I and CEPII), Gianluca Orefice (CEPII)
- Full text [pdf]
- Tuesday 29 November 2016 14:45-16:15
- ScPo, 56, rue des Saints-Pères Salle : 404
- ROMALIS J. (Sydney) : Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades
- Lorenzo Caliendo (Yale University and NBER), Robert C. Feenstra (UC Davis and NBER) and Alan M. Taylor (UC Davis, NBER, and CEPR)
- Full text [pdf]
- Tuesday 15 November 2016 14:45-16:45
- ScPo, 56, rue des Saints-Pères Salle : GOGUEL
- ALBORNOZ F. (Nottingham) : *Importing after Exporting
- Ezequiel Garcia-Lembergman (UC-Berkeley)
- Full text [pdf]
- Tuesday 18 October 2016 14:45-16:45
- ScPo, 56, rue des Saints-Pères Salle : GOGUEL
- VANDENBUSSCHE Hylke (KU Leuven) : *INPUT REALLOCATION WITHIN FIRMS
- C. Viegelahn
- Full text [pdf]
- Tuesday 4 October 2016 14:45-16:45
- ScPo, 27 rue Saint-Guillaume Salle : 33
- OTTAVIANO Gianmarco (Bocconi University & CEPR) : *The Buyer Margins of Firms' Exports
- Jeronimo Carballo, U Colorado Boulder, and Christian Volpe Martincus, Inter-American Development Bank
- Full text [pdf]
- Tuesday 20 September 2016 14:45-16:45
- ScPo, 56, rue des Saints-Pères Salle : GOGUEL
- MOXNES A. (OSLO) : *Better, Faster, Stronger: Global Innovation and Trade Liberalization
- Tuesday 21 June 2016 14:30-16:00
- Maison des Sciences économiques, salle 114 (106-112 boulevard de l'Hôpital 75013 Paris)
- MONTE F. : *Commuting, Migration and Local Employment Elasticities
- S. Redding, E. Rossi-Hansberg
- Full text [pdf]
- Tuesday 7 June 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
- TINTELNOT F. : *The Margins of Global Sourcing: Theory and Evidence from U.S. Firms
- Pol Antràs (Harvard University) - Teresa C. Fort (Tuck School at Dartmouth)
- Full text [pdf]
- Tuesday 24 May 2016 14:30-16:00
- Maison des Sciences Economiques, salle 114 (106-112 boulevard de l'hôpital, 75013 Paris)
- ALLEN T. (Dartmouth College) : Volatility and the Gains from Trade
- D. Atkin
- Full text [pdf]
- Tuesday 10 May 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
- MCLAREN J. : *Are Immigrants a Shot in the Arm to the Local Economy? http://www.nber.org/papers/w21123.
- Gihoon Hong (Pusan National University)
- Tuesday 12 April 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
- M. Parenti (Ecares) : *Providing Services to Boost Goods Exports: Theory and Evidence
- A. Ariu et F. Mayneris
- Tuesday 29 March 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
- COUTTENIER Mathieu (ENS Lyon) : *This mine is mine! How minerals fuel conflicts in Africa
- N. Berman, D. Rohner and M. Thoenig
- Tuesday 15 March 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'hôpital, 75013 Paris)
- FUGAZZA M. : *The Bilateral Impact of Non-Tariff Measures: insights from firm level evidence
- Tuesday 16 February 2016 14:30-16:00
- Maison des Sciences économiques, salle du 6ème étage (106-112 boulevard de l'Hôpital, 75013 Paris)
- D. Marin (Munich) : Trade in Tasks and the Organization of Firms
- A. Aubry, M. Burzynski
- Full text [pdf]
- Tuesday 2 February 2016 14:30-16:00
- Maison des Siences économiques, salle du 6ème étage (106-112 boulevard de l'Hôpital, 75013 Paris)
- A. Resheff (PSE) : Capital Imports Composition, Complementarities, and the Skill Premium in Developing Countries
- Full text [pdf]
- Tuesday 12 January 2016 14:30-16:00
- Maison des Siences économiques, salle du 6ème étage (106-112 boulevard de l'Hôpital, 75013 Paris)
- DOCQUIER Frédéric (LISER) : The Welfare Impact of Global Migration in OECD Countries
- A. Aubry & M. Burzynski
- Full text [pdf]
- Tuesday 8 December 2015 15:00-16:30
- Maison des Sciences économiques, salle 114, 1er étage.
- THOENIG M. (U of Lausanne ) : Imported Violence : Post-Conflict Evidence on Asylum Seekers, Crimes and Public Policy in Switzerland
- Tuesday 24 November 2015 14:30-16:00
- Sciences Po(56, rue des Saints Pères, 75007 Paris-Salle Goguel
- KRAUTHEIM S. (U. Passau) : Offshoring with Endogenous NGO Activism
- T. Verdier (PSE)
- Full text [pdf]
- Tuesday 10 November 2015 14:30-16:00
- Sciences Po( 56 rue des Saints-Pères, 75007 Paris, salle Goguel )
- DE LOECKER : Estimating Market Power. Evidence from the US Beer Industry
- P. Scott (Toulouse)
- Tuesday 13 October 2015 14:30-16:00
- Sciences Po(56 rue des Saints-Pères, 75007 Paris, salle Goguel )
- VOGEL J. : *
- Full text [pdf]
- Tuesday 29 September 2015 14:45-16:15
- Sciences Po(28 rue des Saints-Pères, 75007 Paris, salle H405)
- FABER B. (University of Berkeley) : *
- Tuesday 29 September 2015 14:45-16:15
- Sciences Po(28 rue des Saints-Pères, 75007 Paris, salle H405)
- FABER Ben (PSE) : *
- Tuesday 22 September 2015 14:45-16:15
- Sciences Po(28 rue des Saints-Pères, 75007 Paris, salle H405 )
- GROSSMANN B. : Growth, Trade, and Inequality
- Co-author: E. Helpman
- Full text [pdf]
- Tuesday 20 January 2015 14:30-16:00
- Sciences Po, 56 rue des Saints Pères, 75007 Paris - Room Gog
- BOEHM Johannes (SciencesPo) : The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity
- Full text [pdf]
- Tuesday 6 January 2015 14:30-16:00
- Sciences Po, 28 rue des Saints Pères 75007 Paris - Amphi CAQ
- MUENDLER Marc-Andreas (UC San Diego) : The Dynamics of Comparative Advantage
- Co-authors: Gordon H. Hanson & Nelson Lind
- Full text [pdf]
- Tuesday 9 December 2014 14:30-16:00
- Sciences Po, Department of Economics, 28 rue des Saints Père
- LIMAO Nuno (Maryland) : Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S.
- Co-author: Kyle Handley
- Full text [pdf]
- Tuesday 2 December 2014 14:30-16:00
- Sciences Po, CERI, 56 rue Jacob, 75007 Paris - Room Jean Mon
- COSAR Kerem ((Chicago)) : Taste Heterogeneity, Trade Costs, and Global Market Outcomes in the Automobile Industry
- Co-authors: Paul Grieco, Shengyu Li & Felix Tintelnot
- Tuesday 25 November 2014 14:30-16:00
- Sciences Po, 56 rue des Saints Pères, 75007 Paris - Room Gog
- RANJAN Priya (UC Irvine) : Globalization, Jobs, and Welfare: The Roles of Social Protection and Redistribution
- Full text [pdf]
- Tuesday 4 November 2014 12:00-13:30
- Department of Economics, 28 rue des Saints Pères, 75007 Pari
- PASCALI Luigi (University of Warwick, CAGE, Pompeu Fabra University and Barcelona GSE) : The Wind of Change: Maritime Technology, Trade and Economic Development
- Exceptionally at 12.00
- Full text [pdf]
- Tuesday 28 October 2014 14:30-16:00
- Sciences Po, 56 rue des Saints Pères, 75007 Paris - Room Gog
- PARENTI Mathieu (UCL Core) : Toward a theory of monopolistic competition
- Co-authors : Philip Ushchev, Jacques-François Thisse
- Full text [pdf]
- Tuesday 14 October 2014 14:30-16:00
- Sciences Po, 56 rue des Saints Pères, 75007 Paris - Room Gog
- FELBERMAYR Gabriel (CESifo) : Trade and the Spatial Distribution of Transport Infrastructure
- Co-author : Alexander Tarasovz (University of Munich)
- Full text [pdf]
- Tuesday 30 September 2014 14:30-16:00
- Sciences Po, 56 rue Jacob, 75007 Paris - Room Jean Monnet
- DHINGRA Swati (LSE) : Monopolistic Competition and Optimum Product Diversity
- Co-author : John Morrow ( CEP, London School of Economics )
- Full text [pdf]
- Tuesday 16 September 2014 14:30-16:00
- Sciences Po, 56 rue des Saints Pères, 75007 Paris - Room Gog
- VOLPE MARTINCUS Christian (IADB) : Transit Trade
- Co-authors : Jerónimo Carballo (University of Maryland), Alejandro Graziano (Inter-American Development Bank), Georg Schaur (University of Tennessee)
- Full text [pdf]
- Tuesday 17 June 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- BESEDES Tibor (Georgia Institute of Technology) : The Effects of Airspace Closures on Trade in the Aftermath of Eyjafjallajökull
- Co-author : Antu Panini Murshid
- Full text [pdf]
- Tuesday 3 June 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- BEHRENS Kristian (UQAM) : Distorted Monopolistic Competition
- Co-auteurs : G. Mion, Y. Murata & J. Südekum
- Tuesday 20 May 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- ORNELAS Emanuel (LSE) : Institutions and Export Dynamics
- Co-author(s): Luis Araujo & Giordano Mion
- Full text [pdf]
- Tuesday 13 May 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- WARZYNSKI Frédéric (Aarhus) : Offshoring and the Shortening of the Quality Ladder: Evidence from Danish Apparel
- Co-author(s): Valérie Smeets(Aarhus University)& Sharon Traiberman (Princeton University)
- Full text [pdf]
- Tuesday 29 April 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- BERNARD Andrew (Tuck School of Business at Dartmouth, CEPR & NBER) : Two-sided Heterogeneity and Trade
- Co-author(s): Andreas Moxnesz (Dartmouth College & NBER) & Karen Helene Ulltveit-Moex (University of Oslo & CEPR)
- Full text [pdf]
- Tuesday 1 April 2014 14:30-16:00
- MSE – Salle 6ème (106-112 boulevard de l’hôpital – 75013 Par
- DHINGRA Swati (LSE) : Contracting and the Division of the Gains from Trade
- Co-auteur: A. Bernard
- Tuesday 18 March 2014 14:30-16:00
- MSE (106-112 boulevard de l'hôpital, 75013 Paris)
- EGGER Peter (ETH Zurich) : The Causal Impact of Common Native Language on International Trade: Evidence from a Spatial Regression Discontinuity Design
- Co-author(s) : Andrea Lassmann
- AbstractThis paper studies the causal effect of sharing a common native language on international trade. Switzerland is a multilingual country that hosts four official language groups of which three are major (French, German, and Italian). These groups of native language speakers are geographically separated, with the corresponding regions bordering countries which share a majority of speakers of the same native language. All of the three main languages are understood and spoken by most Swiss citizens, especially the ones residing close to internal language borders in Switzerland. This unique setting allows for an assessment of the impact of common native (rather than spoken) language as a cultural aspect of language on trade from within country-pairs. We do so by exploiting the discontinuity in various international bilateral trade outcomes based on Swiss transaction-level data at historical language borders within Switzerland. The effect on various margins of imports is positive and significant. The results suggest that, on average, common native language between regions biases the regional structure of the value of international imports towards them by 18 percentage points and that of the number of import transactions by 20 percentage points. In addition, regions import 102 additional products from a neighboring country sharing a common native language compared to a different native language exporter. This effect is considerably lower than the overall estimate (using aggregate bilateral trade and no regression discontinuity design) of common official language on Swiss international imports in the same sample. The latter subsumes both the effect of common spoken language as a communication factor and of confounding economic and institutional factors and is quantitatively well in line with the common official (spoken or native) language coefficient in many gravity model estimates of international trade.
- Full text [pdf]
- Tuesday 4 March 2014 14:30-16:00
- MSE (106-112 boulevard de l'hôpital, 75013 Paris)
- JAVORCIK Beata (University of Oxford and CEPR) : Grin and Bear It : Producer-Financed Exports from an Emerging Market
- Co-author(s):Banu Demir (Bilkent University)
- AbstractThis study uses a unique dataset to provide the first comprehensive empirical test of the theory of financing terms in international trade. The dataset covers the universe of Turkey’s exports disaggregated by product, destination, and financing terms for the period 2004-2012. The results conform with the main prediction of the theory: the prevalence of exporter-financed exports (relative to importer or bank-financed exports) increases with the institutional quality in the importing country. The data also support a simple theoretical extension predicting that product differentiation reinforces the positive effect of the institutional quality on exporter-financed exports. A one-standard-deviation increase in the importer’s institutional quality is associated with a 14 percent increase in exporter-financed trade for non-differentiated products, and a 21 percent increase for differentiated goods. Finally, the results suggest that importer and bank-financed exports fell relative to exporter-financed exports during the Great Recession, with the gap widening with the severity of the crisis in the destination country.
- Full text [pdf]
- Tuesday 4 February 2014 14:30-16:00
- MSE (106-112 boulevard de l'Hôpital, Salle du 6ème étage - 7
- DUTT Pushan (INSEAD) : The Gravity of Experience
- Co-authors : Ana Maria Santacreu (INSEAD)& Daniel Traca (NOVA Economics and Management)
- Full text [pdf]
- Tuesday 14 January 2014 14:45-16:15
- Sciences Po – Salle H101 (28 rue des Saints-Pères – 75007 Pa
- MARTIMORT David (PSE) : Informational Asymmetries as a Motive for Trade, Trade Policies, and Inefficient Trade Agreements
- Co-auteurs: A. Bouët, D. Laborde
- Full text [pdf]
- Tuesday 10 December 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- PERI Giovanni (University of California, Davis) : Immigrants and Native Workers New Analysis Using Longitudinal Employer-Employee Data
- Co-author : Mette Foged (University of Copenhagen)
- Full text [pdf]
- Tuesday 3 December 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- ANDERSON James (Boston College) : Intra-national Trade Costs: Canadian Border Puzzles
- Co-author(s) : Delina E. Agnosteva & Yoto V. Yotov
- Full text [pdf]
- Tuesday 19 November 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- MURAKÖZY Balázs (CERS-HAS) : Shipment frequency of exporters and demand uncertainty
- Co-auteurs: G. Békés, L. Fontagné, V. Vicard
- Full text [pdf]
- Tuesday 5 November 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- NOCKE Volker (Mannheim) : Cross-Border Price Effects of Mergers and Acquisitions: A Framework for Competition Policy
- Co-auteurs : H. Breinlic and N. Schutz
- Tuesday 22 October 2013 14:30-16:00
- Sciences-Po. - Salle Caquot (28, rue des Saints-Pères – 7500
- KOREN Miklos (Central European University) : Lumpy Trade and the Welfare Effects of Administrative Barriers
- Co-auteur: C. Hornok
- Full text [pdf]
- Tuesday 15 October 2013 14:45-16:15
- Sciences Po – Salle H202A (28 rue des Saints-Pères – 75007 P
- COSTINOT Arnaud (MIT) : Optimal Trade Taxes and Comparative Advantage
- Co-auteurs: D. Donaldson, J. Vogel, and I. Werning
- Full text [pdf]
- Tuesday 8 October 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- ALBOUY David (Michigan) : Urban Population and Amenities
- Co-auteur: B. Stuart
- Full text [pdf]
- Tuesday 24 September 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- SIMONOVSKA Ina (Davis) : Different TradeModels, Different Trade Elasticities
- Co-auteur: M.E.. Waugh
- Full text [pdf]
- Tuesday 9 July 2013 14:30-16:00
- Sciences Po – Salle Caquot (28 rue des Saints-Pères – 75007
- CALIENDO Lorenzo (Yale) : The Anatomy of French Production Hierarchies
- Co-auteurs: F. Monte et E. Rossi-Hansberg
- Tuesday 25 June 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- MORETTI Enrico (Berkeley) : Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority
- Co-auteur: P. Kline
- Full text [pdf]
- Tuesday 11 June 2013 14:30-16:00
- Sciences Po – Salle Caquot (28 rue des Saints-Pères – 75007
- GUADALUPE Maria (INSEAD) : The Perfect Match: Assortative Matching in International Acquisitions
- Co-auteurs: V. Rappoport, B. Salanie and C. Thomas
- Tuesday 28 May 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- HALLAK Juan-Carlos (U. San Andrés) : Survival in Export Markets
- Co-auteurs: F. Albornoz, P. S. Fanelli
- Full text [pdf]
- Tuesday 14 May 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- MELITZ Marc (Harvard University) : Firm Heterogeneity and Aggregate Welfare
- Co-auteur: S. Redding (Princeton University)
- AbstractWe examine how firm heterogeneity influences aggregate welfare through endogenous firm selection. We consider a homogeneous firm model that is a special case of a heterogeneous firm model with a degenerate productivity distribution. Keeping all structural parameters besides the productivity distribution the same, we show that the two models have different aggregate welfare implications, with larger welfare gains from reductions in trade costs in the heterogeneous firm model. Calibrating parameters to key U.S. aggregate and firm statistics, we find these differences in aggregate welfare to be quantitatively important (up to a few percentage points of GDP). Under the assumption of a Pareto productivity distribution, the two models can be calibrated to the same observed trade share, trade elasticity with respect to variable trade costs, and hence welfare gains from trade (as shown by Arkolakis, Costinot and Rodriguez-Clare, 2012); but this requires assuming different elasticities of substitution between varieties and different fixed and variable trade costs across the two models.
- Full text [pdf]
- Tuesday 16 April 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- SLY Nicholas (U. Oregon) : A Simple Model of Globalization, Schooling and Skill Acquisition
- co-auteur : Carl Davidson
- Tuesday 2 April 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- HEMOUS David (INSEAD) : Trade Dynamics with Sector-Specific Human Capital
- Co-auteurs: A. Guren, M. Olsen
- AbstractIn explicating the dynamics and welfare implications of gradual labor market adjustment to trade, this paper develops a dynamic Heckscher-Ohlin-Samuelson model with sector-specfic human capital and overlapping generations. Our model is tractable enough to yield sharp analytic results, that complement and clarify an emerging empirical literature on labor market adjustment to trade. Existing generations that have accumulated specfic human capital in one sector can switch sectors when the economy is hit by a trade shock. Yet, we show that the shock actually induces few workers to switch, instead there is a protracted adjustment that operates through the entry of new generations. This results into wages being tied to the sector of employment in the short-run but to the skill type in the long-run. The welfare and policy implications are surprising: relative to a world with general human capital, welfare is improved for the skill group whose type-intensive sector shrinks, and policies intended to aid trade adjustment for a§ected workers may be counterproductive.
- Full text [pdf]
- Tuesday 26 March 2013 14:30-16:00
- Sciences Po – Salle Goguel (56 rue des Saints-Pères – 75007
- EGGER Hartmut (Bayreuth) : Offshoring Domestic Jobs
- Co-auteurs: U. Kreickemeier, J. Wrona
- Full text [pdf]
- Tuesday 5 February 2013 14:45-16:15
- Sciences Po – Salle Caquot (28 rue des Saints-Pères – 75007
- FACCHINI Giovanni (Nottingham) : The rhetoric of closed borders: quotas, lax enforcement and illegal migration
- Co-auteur : C. Testa
- AbstractDespite restrictive migration policies, large numbers of undocumented migrants reside in many destination countries. If official migration targets are not enforced, why are they devised? To address this puzzle, we develop a political agency model with uncertainty about the supply of migrants, where an elected official can either have preferences congruent with the majority of his electorate, or desire a larger number of migrants. In the latter scenario we show that the incumbent might find it optimal to set a binding migration quota to be re-elected, and strategically relax its enforcement, or choose an ineffective instrument like border control.
- Full text [pdf]
- Tuesday 29 January 2013 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- RAPOPORT Hillel (Bar Ilan) : Birthplace Diversity and Economic Prosperity
- Co-auteurs : A. Alesina, J. Harnossz
- AbstractThe diversity of people has economic costs and benefits. Using recent immigration data from 195 countries, we propose an index of diversity based on people’s birthplaces. This new index is decomposed in a “size” (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 and for the overall as well as for the high (workers with college education) and low-skill fractions of the workforce. We show that birthplace diversity is largely uncorrelated with ethnic and linguistic fractionalization and that—unlike fractionalization—it is positively related to economic development even after controlling for education, institutions, ethnic and linguistic fractionalization, trade openness, geography, market size and origin-effects. This positive association appears particularly strong for the diversity of skilled immigrants in richer countries. We make progress towards addressing endogeneity by specifying a gravity model to predict the diversity of immigration based on exogenous bilateral variables. The results are robust across various OLS and 2SLS specifications.
- Full text [pdf]
- Tuesday 27 November 2012 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- STURM Daniel (LSE) : The Economics of Density: Evidence from the Berlin Wall
- Co-auteurs: G. Ahlfeldt, S. Redding, N. Wolf
- Full text [pdf]
- Tuesday 13 November 2012 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- STRAUSS-KAHN Vanessa (ESCP Europe) : Export Dynamics: Raising Export survival through Experience.
- Co-auteur: C. Carrère
- Full text [pdf]
- Tuesday 23 October 2012 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- MEISSNER Christopher (U. California, Davis) : Market Potential and Economic Performance in the Early 20th Century
- Co-auteur : D. Liu
- Full text [pdf]
- Tuesday 9 October 2012 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- FELBERMAYR Gabriel (U. of Munich) : "New Trade Models, Same Old Optimal Policies?"
- Co-auteur(s): B. Jung, M. Larch
- Full text [pdf]
- Tuesday 25 September 2012 14:30-16:00
- Maison des Sciences Economiques - 6ème étage (106, boulevard
- HARRIGAN James (U. of Virginia) : Export Prices of U.S. Firms
- Co-auteurs: X. Ma, V. Shlychkov
- Full text [pdf]
- Tuesday 26 June 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- MION Giordano (LSE) : Managers’ Mobility, Trade Status and Wages
- Co-auteurs: L. Opromolla
- Full text [pdf]
- Tuesday 19 June 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- ROBERT-NICOUD Frédéric (Genève) : Productive cities: Sorting, selection, and agglomeration
- Co-auteurs: K Behrens et G Duranton
- Full text [pdf]
- Tuesday 12 June 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel .
- MORALES Eduardo (Columbia University) : Gravity and Extended Gravity: Estimating a Structural Model of Export Entry
- Co-auteurs: G. Sheu, A. Zahler
- Full text [pdf]
- Tuesday 5 June 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- ZILIBOTTI Fabrizio (Zurich) : Offshoring and Directed Technical Change
- Co-auteurs : D. Acemoglu, G. Gancia
- Full text [pdf]
- Monday 4 June 2012 12:00-13:15
- ROBERTS Michael (North Carolina) : Commodity Price Adjustment in a Competitive Storage Modelwith an Application to the Biofuel Mandate
- Co-auteur: Nam A. Tran Ce séminaire aura lieu exceptionnellement un lundi de 12h00 à 13h15.
- Full text [pdf]
- Tuesday 29 May 2012 16:30-18:00
- Sciences-Po - 28, rue des Saints Pères – 4ème étage, salle H
- KHANDELWAL Amit (Columbia University) : Prices, Markups and Trade Reform
- J. De Loecker, P. Goldberg, N. Pavcnik http://www0.gsb.columbia.edu/faculty/akhandelwal/papers/india_86.pdf) Attention, le séminaire aura exceptionnellement lieu de 16h30 à 18h00
- Tuesday 22 May 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- OTTAVIANO Gianmarco (LSE) : Agglomeration, Trade and Selection
- Full text [pdf]
- Tuesday 15 May 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- MENDOZA Enrique (University of Maryland) : Macro-prudential Policy in a Fisherian Model of Financial Innovation
- Co-author(s): Javier Bianchi & Emine Boz Seminar exceptionally joint with Macroéconomies Seminar
- AbstractThe interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a quantitative general equilibrium framework in which this interaction drives the financial amplification mechanism to study the effects of macro-prudential policy. Financial innovation enhances the ability of agents to collateralize assets into debt, but the riskiness of this new regime can only be learned over time. Beliefs about transition probabilities across states with high and low ability to borrow change as agents learn from observed realizations of financial conditions. At the same time, the collateral constraint introduces a pecuniary externality, because agents fail to internalize the effect of their borrowing decisions on asset prices. Quantitative analysis shows that the effectiveness of macro-prudential policy in this environment depends on the government's information set, the tightness of credit constraints and the pace at which optimism surges in the early stages of financial innovation. The policy is least effective when the government is as uninformed as private agents, credit constraints are tight, and optimism builds quickly. Keywords: Financial crises, financial innovation, macro-prudential regulation, Bayesian learning JEL Codes: D62, D82, E32, E44, F32, F41
- Full text [pdf]
- Thursday 3 May 2012 16:30-18:00
- Université Paris Descartes – 45 rue des Saints-Pères – Bâtim
- TAYLOR Scott (Calgary) : Back to the Future of Green Powered Economies
- Juan Moreno Cruz Ce séminaire joint avec le Paris Environmental and Energy Economics Seminar aura lieu exceptionnellement un jeudi
- Tuesday 10 April 2012 14:30-16:00
- Sciences-Po - 28, rue des Saints Pères – 4ème étage, salle H
- GRETHER Jean-Marie (Neuchâtel) : Measuring the Pollution Terms of Trade with Technique Effects
- Co-author(s) : N.A. Mathys
- Full text [pdf]
- Tuesday 3 April 2012 14:30-16:00
- Sciences-Po - 28 rue des saints pères - 4ème étage, salle H
- OLARREAGA Marcelo (Université de Genève) : There goes gravity: How eBay reduces trade costs
- Co-author(s): A. Lendle, S. Schropp, P.-L. Vezina
- Tuesday 27 March 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- GROSSMAN Gene (Princeton University) : A Linder Hypothesis for Foreign Direct Investment
- Co-autor(s): P. Fajgelbaum, E. Helpman
- Full text [pdf]
- Tuesday 20 March 2012 14:30-16:00
- Sciences-Po - 28, rue des saints Pères – 4ème étage, Salle H
- TESAR Linda (University of Michigan) : The Impact of Foreign Liabilities on small firms: Firm-Level Evidence from the Korean Crisis
- Co-author(s): Y.J. Kim et J. Zhang
- Full text [pdf]
- Thursday 15 March 2012 16:30-18:00
- MSE Campus (106-112 boulevard de l'Hôpital, 75013 Paris), 6t
- LEVCHENKO Andrei (University of Michigan) : The Evolution of Comparative Advantage: Measurement and Welfare Implications
- Co-author(s): Jing Zhang Seminaire joint avec le Macroeconomics seminar
- Full text [pdf]
- Tuesday 6 March 2012 14:30-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel)
- OSSA Ralph (The University of Chicago) : Trade Wars and Trade Talks with Data
- Full text [pdf]
- Tuesday 7 February 2012 14:30-16:00
- Sciences-Po - 28 rue des saints Pères – 4ème étage, Salle H4
- BEKES Gabor (HAS) : Temporary trade and heterogeneous …firms
- Co-author(s): Balázs Muraközy
- Full text [pdf]
- Tuesday 31 January 2012 14:30-16:00
- Maison des Sciences Economiques-6ème étage (106, boulevard d
- EPIFANI Paolo (Bocconi - Milano) : Productivity, Quality and Export Behavior
- Co-auteur: R. Crino
- Full text [pdf]
- Tuesday 17 January 2012 14:30-16:00
- Maison des Sciences Economiques-6ème étage (106, boulevard d
- TOUBAL Farid (PSE) : Native language, spoken language, translation and trade
- Tuesday 10 January 2012 14:30-16:00
- Maison des Sciences Economiques-6ème étage (106, boulevard d
- CADOT Olivier (Lausanne) : An Evaluation of Tunisia’s Export Promotion Program
- Co-auteurs: A.M. Fernández, J. Gourdon, A. Mattoo
- Full text [pdf]
- Tuesday 13 December 2011 14:30-16:00
- Maison des Sciences Economiques-Salle S/17 (106, boulevard d
- EATON Jonathan (Penn State) : A Search and Learning Model of Export Dynamics
- Co-auteurs: M. Eslava, D. Jinkins, C.J. Krizan, M. Kugler, J. Tybout
- Tuesday 6 December 2011 14:30-16:00
- Maison des Sciences Économiques (MSE), S/ 17 (106 - 112 boul
- ROMALIS John (Chicago) : International Prices and Endogenous Quality
- Co-auteur: R. Feenstra
- Full text [pdf]
- Tuesday 29 November 2011 14:30-16:00
- Maison des Sciences Economiques-6ème (106, boulevard de l'Hô
- GORG Holger (KIEL) : Offshoring, tasks, and the skill-wage pattern
- Co-auteurs:D. Baumgarten, I. Geishecker
- Full text [pdf]
- Tuesday 22 November 2011 14:30-16:00
- MSE-Room S.2(106, boulevard de l'Hôpital - 75013 Paris
- NOVY Dennis (Warwick University) : International Trade without CES: Estimating Translog Gravity
- Full text [pdf]
- Tuesday 15 November 2011 14:30-16:00
- Maison des Sciences Economiques-6ème (106, boulevard de l'Hô
- EGGER Peter (Zurich) : Trade Preferences and Bilateral Trade in Goods and Services: A Structural Approach
- Co-auteurs: M. Larch, K. Staub
- Full text [pdf]
- Tuesday 8 November 2011 14:30-16:00
- Maison des Sciences Economiques, 6ème étage(106, boulevard d
- THISSE Jacques (CORE) : Monopolistic competition in general equilibrium: Beyond the CES
- Co-auteurs: E. Zhelobodko, S. Kokovin, M. Parenti
- Full text [pdf]
- Thursday 3 November 2011 14:30-16:00
- Maison des Sciences Économiques (MSE), - (106 - 112 boulevar
- BOERI Tito (Bocconi) : Moving to Segregation: Evidence from 8 Italian cities
- Co-auteurs : Marta De Philippis, Eleonora Patacchini, Michele Pellizzari Attention ce séminaire aura lieu exceptionnellement un jeudi
- Full text [pdf]
- Tuesday 25 October 2011 14:30-16:00
- Maison des Sciences Economiques-6ème étage(106, boulevard de
- MARKUSEN James (Boulder) : Putting per-capita income back into trade theory
- Full text [pdf]
- Monday 24 October 2011 12:00-13:00
- Maison des Sciences Économiques (MSE), - (106 - 112 boulevar
- NILES RUSS Katheryn (UC Davis) : Understanding Markups in the Open Economy under Bertrand Competition
- Attention ce séminaire aura lieu exceptionnellement un lundi de 12:00 à 13:00
- Full text [pdf]
- Tuesday 11 October 2011 14:30-16:00
- The session was canceled.
- Maison des Sciences Economiques-Université Paris I(106, boul
- SCHOTT Peter (Yale) : *
- Tuesday 4 October 2011 14:30-16:00
- MSE-PARIS 1(106, boulevard de l'Hôpital - 75013 Paris
- ANDERSON James (Boston College) : Terms of Trade and Global Efficiency Effects of Free Trade Agreements, 1990-2002
- co-auteur: Yoto Yotov
- Full text [pdf]
- Tuesday 21 June 2011 14:00-15:30
- MSE - Salle 114 - 106 boulevard de l'Hôpital 75013 Paris
- DAVIES Ronald (University College Dublin) : Royale with Cheese: The Effect of Globalization on the Variety of Goods
- Co-auteur(s) : Matthew T. Cole
- Full text [pdf]
- Tuesday 14 June 2011 14:00-15:30
- MAYDA Anne-Maria (Georgetown University) : Protection for Free? The Political Economy of U.S. Tariff Suspensions
- Co-auteur(s) : Rodney D. Ludema & Prachi Mishra
- Full text [pdf]
- Tuesday 7 June 2011 14:00-15:30
- The session was canceled.
- NOVY Dennis (University of Warwick) : *
- Tuesday 31 May 2011 14:00-15:30
- The session was canceled.
- CHANEY Thomas (University of Chicago) : The Gravity Equations in International Trade: an Explanation
- Tuesday 24 May 2011 14:00-15:30
- LAI Edwin (Hong Kong University of Science and Technology) : A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity
- Co-auteur(s) : Haichao FAN & and Han (Steffan) QI
- AbstractIn this paper, we merge the heterogenous firm model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale, country sizes and trade barriers. The model is able to capture the existence of inter-industry trade and intra-industry trade in a single unified framework. It explains how trade openness affects the pattern of international specialization and trade. It generalizes Melitz’s firm selection effect in the face of trade liberalization to a setting where the patterns of inter-industry trade and intra-industry are endogenous. Although trade openness is proved to be unambiguously welfare-improving in both countries, trade liberalization can lead to an anti- Melitz effect in the larger country if it is sufficiently uncompetitive in the sectors in which it has the strongest comparative disadvantage but in which it still produces. In this case, the operating productivity cutoff is lowered while the exporting cutoff increases in the face of trade liberalization. This is because the DFS effect dominates the Melitz effect in these sectors. Consequently, the larger country can lose from trade liberalization.
- Full text [pdf]
- Monday 23 May 2011 13:00-14:15
- BAIER Scott (Clemson University) : Gravity, Economic Geography and Income Innovations
- Tuesday 17 May 2011 14:00-15:30
- COSTINOT Arnaud (MIT) : Vertical Specialization and the Interdependence of Nations
- Tuesday 5 April 2011 14:00-15:30
- MSE - 106-112 Boulevard de l'Hôpital, Métro Campo Formio, Gr
- MELITZ Marc (Harvard University) : Trade Liberalization and Firm Dynamics
- Co-auteur(s) : Ariel Burstein Avec l'assistance de DIMECO Ile de France
- Full text [pdf]
- Tuesday 29 March 2011 14:00-15:30
- LEDERMAN Daniel (World bank) : Exports, Export Destinations, and Skills
- Co-auteur(s) : Irene Brambilla & Guido Porto
- Full text [pdf]
- Tuesday 22 March 2011 14:00-15:30
- The session was canceled.
- BENASSY-QUERE Agnès (CEPII) : *
- Tuesday 8 March 2011 14:00-15:30
- TOUBAL Farid (Université de Paris 1 - Panthéon-Sorbonne) : Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinational Firms
- Co-auteur(s) : Fabrice Defever
- Full text [pdf]
- Tuesday 1 March 2011 14:00-15:30
- DISDIER Anne-Célia (INRA) : North-South Standards Harmonization and International Trade
- co-auteur(s) : Lionel Fontagné & Olivier Cadot
- Full text [pdf]
- Tuesday 22 February 2011 14:00-15:30
- MANOVA Kalina (Stanford University) : Firm Exports and Multinational Activity under Credit Constraints
- Co-auteur(s) : Shang-Jin Wei & Zhiwei Zhang
- Full text [pdf]
- Tuesday 8 February 2011 14:00-15:30
- ECKEL Carsten (University of Bamberg) : International Trade and Retailing
- Full text [pdf]
- Tuesday 1 February 2011 14:00-15:30
- DI GIOVANNI Julian (IMF) : Country Size, International Trade and Aggregate Fluctuations in Granular Economy
- Co-auteur(s) : Andrei A. Levchenko
- Full text [pdf]
- Tuesday 14 December 2010 14:00-15:30
- The session was canceled.
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- DAVIES Ronald (University College Dublin) : Royale with Cheese: The Effect of Globalization on the Variety of Goods
- Co-auteur(s) : Matthew T. Cole
- Tuesday 30 November 2010 15:00-16:00
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- RESHEF Ariell (University of Virginia) : Skill biased heterogeneous firms: trade liberalization and the skill premium redux
- Tuesday 23 November 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel .
- RAPOPORT Hillel (Harvard University) : Tradable Immigration Quotas
- Co-auteur(s) : Jesús Fernández-Huertas Moraga
- Full text [pdf]
- Tuesday 16 November 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- GOLDBERG Linda (Federal Reserve Bank of New York) : Micro, Macro and Strategic Forces in Invoicing International Trade
- co-auteur(s) : Cédric Tille
- Full text [pdf]
- Tuesday 2 November 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- NEARY Peter (University of Oxford) : Firm selection into export-platform foreign direct investment
- Co-auteur(s) : Monika Mrazova
- Full text [pdf]
- Tuesday 19 October 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- SCHOTT Peter K. (Yale School of Management) : Misallocation of Quota Licenses: Evidence from Chinese Textile and Clothing Exporters
- Co-auteur(s) : Amit Khandelwal & Shang-Jin Wei
- Full text [pdf]
- Tuesday 12 October 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel
- IMPULLITTI Ginamario (University of Cambridge) : Trade, ?rm selection, and innovation: the competition channel
- Co-auteur(s) : Omar Licandro
- Full text [pdf]
- Tuesday 28 September 2010 14:00-15:30
- Sciences-Po - 56 rue des saints Pères – 7ème (Salle Goguel .
- ALLESSANDRIA George (Federal Reserve Bank of Philadelphia) : Establishment Heterogeneity, Exporter Dynamics, and the Effects of Trade Liberalization
- Co-auteur(s) : Horag Choi
- Full text [pdf]
- Monday 20 September 2010 12:00-13:00
- The session was canceled.
- MSE-Paris 1 - Room B2.1
- OLARREAGA Marcelo (Univ. Geneva) : Weak Governments and Trade Agreements
- co-écrit avec Jean-Louis Arcand, Laura Zoratto
- Full text [pdf]
- Tuesday 15 June 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- ROSSI-HANSBERG Esteban (Princeton) : Cette séance est annulée
- Monday 7 June 2010 12:00-13:00
- MSE salle 114
- FIELER Cecilia (University of Pennsylvania) : seance exceptionnelle, jointe avec le Graduate Student in International Economics Seminar (GSIE)
- Tuesday 1 June 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- SCHOTT Peter (Yale) : SEANCE ANNULEE
- Tuesday 25 May 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- BLONIGEN Bruce (University of Oregon ) : Measuring the Benefits for Foreign Product Variety with an Accurate Variety Set
- Full text [pdf]
- Tuesday 18 May 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- MAYDA Anna-Maria (Georgetown) : SEANCE ANNULEE
- Tuesday 11 May 2010 14:00-15:30
- MSE-Paris I
- MARKUSEN James (University of Colorado, Boulder) : Putting Per-Capita Income back into Trade Theory
- Full text [pdf]
- Tuesday 4 May 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- MARIN Dalia (Munich) : DO MULTINATIONALS TRANSPLANT THEIR BUSINESS MODEL?
- Abstractecent literature on international trade has established that the most productive firms become multinationals. But our data reveal a startling variation in productivity levels of subsidiaries across countries of the same parent firms suggesting that not all multinationals transplant their home productivity advantage to other countries. One candidate for this startling difference in productivity levels among subsidiaries is the ability of multinationals to transport their business model abroad. This paper examines the conditions under which multinationals transplant their business culture to other countries. We collect original and unique matched parent and affiliate data on the internal organisation of 660 German and Austrian parent firms and 2200 of their subsidiaries in Eastern Europe. Based on these data we ask two questions: First, what favours decentralization in Foreign Affiliates of Multinationals? Second, what determines whether or not multinationals transplant theirs business model to foreign affiliates? We find that the ability of multinationals to transplant their business model to foreign affiliates is determined by the organisation of the multinational organization on the one hand and the market environment affiliate firms face in host countries on the other hand.
- Tuesday 13 April 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- STRANGE William (University of Toronto) : Entrepreneurs and Cities: Complexity, Thickness and Balance
- Co-auteur(s) : Bob Helsley
- Tuesday 23 March 2010 14:00
- DAVIS Donald ( Columbia University)
- SEANCE ANNULEE
- Tuesday 16 March 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- WEINSTEIN David (Columbia) : Exports and Financial Shocks
- AbstractA striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether the drying up of trade finance can help explain the large drops in exports relative to output. This paper is the first to establish a causal link between the health of banks providing trade finance and growth in a firm’s exports relative to its domestic sales. We overcome measurement and endogeneity issues by using a unique data set, covering the Japanese financial crises of the 1990s, which enables us to match exporters with the main bank that provides them with trade finance. Our point estimates are economically and statistically significant, suggesting that trade finance accounts for about one-third of the decline in Japanese exports in the financial crises of the 1990s.
- Full text [pdf]
- Tuesday 23 February 2010 14:00-15:30
- MSE-PARIS 1, salle du 6e étage
- VOGEL Jonathan (Columbia University) : Matching and Inequality in the World Economy
- Full text [pdf]
- Tuesday 26 January 2010 14:00-15:30
- FURUSAWA Taiji (Hitotsubashi University) : Firm Heterogeneity under Financial Imperfection: Impacts of Trade and Capital Movement
- with NoriyukiYanagawa
- Full text [pdf]
- Tuesday 15 December 2009 14:00-15:30
- COSTINOT Arnaud (MIT) : Intermediated Trade
- Co écrit avec Pol Antras
- Tuesday 10 November 2009 14:00-15:30
- KELLER Wolfgang (University of Colorado, CEPR, and NBER) : Gravity in the Weightless Economy
- joint with Stephen R. Yeaple
- Full text [pdf]
- Tuesday 3 November 2009 14:00-15:30
- GROSSMAN Gene (Princeton) : "Income Distribution, Product Quality, and International Trade"
- (joint with Pablo Fajgelbaum and Elhanan Helpman)
- Full text [pdf]
- Tuesday 20 October 2009 14:00-15:30
- CONCONI Paola (Ecares/ULB) : "Policymakers' Horizon and Economic Reforms"
- joint with Giovanni Facchini and Maurizio Zanardi
- Full text [pdf]
- Tuesday 20 October 2009 14:00-15:30
- CONCONI Paola (Ecares/ULB) : "Policymakers' Horizon and Economic Reforms"
- joint with Giovanni Facchini and Maurizio Zanardi
- Full text [pdf]
- Tuesday 16 June 2009 14:30-16:00
- MSE-Paris 1, 6e étage
- TYBOUT J. (Penn State University) : *
- Tuesday 16 June 2009 14:30-16:00
- MSE-Paris 1, 6e étage
- TYBOUT J. (Penn State University) : *
- Tuesday 16 June 2009 14:30-16:00
- MSE-Paris 1, 6e étage
- TYBOUT J. (Penn State University) : *
- Friday 29 May 2009 14:30-16:00
- HARRIGAN J. (University of Virginia) : Zeros, Quality and Space: Trade Theory and Trade Evidence
- ATTENTION : séminaire exceptionnellement un vendredi
- Full text [pdf]
- Tuesday 19 May 2009 14:30-16:00
- The session was canceled.
- MARIN Dalia (Univ. de Munich) : The Battle for Talent: Globalization and the Rise of Pay
- Tuesday 5 May 2009 14:30-16:00
- ROMALIS John (University of Chicago) : The Welfare implications of Rising Price Dispersion
- Full text [pdf]
- Tuesday 28 April 2009 14:30-16:00
- OVERMAN Henry (London School of Economics) : The causal effects of an industrial policy
- Full text [pdf]
- Tuesday 7 April 2009 14:30-16:00
- MSE-PARIS I - Salle de Thèses
- CROZET Matthieu (CEPII et Université de Reims) : Quality sorting and trade: Firm-level evidence for French wine
- Co-auteurs : Keith Head, Thierry Mayer
- Tuesday 31 March 2009 14:30-16:00
- DURANTON Gilles (University of Toronto) : The Fundamental Law of Highway Congestion: Evidence from the US
- Full text [pdf]
- Tuesday 17 March 2009 14:30-16:00
- MSE-PARIS I - Salle de Thèses
- RAFF Horst (University of Kiel) : Tax Rate and Tax Base Competition for Foreign Direct Investment
- with Peter Egger
- Full text [pdf]
- Tuesday 3 March 2009 14:30-16:00
- MSE Paris 1, 6e étage
- EKHOLM Karolina (Stockholm University) : Offshoring and the Onshore composition of tasks and skills
- Co-auteurs: S.O Becjer, Stirling University & M.A. Muendler, USCD,Princeton University
- Full text [pdf]
- Tuesday 17 February 2009 14:30-16:00
- MSE-Paris 1, 6e étage
- VANDENBUSSCHE Hylke (Université catholique de Louvain) : Firm-level Trade Protection and the Productivity of Exporters
- Tuesday 3 February 2009
- Pas de seance pour cause de 'Job Seminars'
- Tuesday 20 January 2009
- Pas de seance pour cause de 'Job Seminars'
- Tuesday 16 December 2008 14:30-16:00
- BRULHART Marius (Université de Lausanne) : Decomposing Agglomeration Effects: How Wages and Employment Adjust to Improved Market Access
- Tuesday 9 December 2008 14:30-16:00
- MSE-Paris 1, 6e étage
- VERHOOGEN Eric (Columbia University) : The Quality-Complementarity Hypothesis: Theory and Evidence from Colombia
- Co-auteur: Maurice Kugler
- Full text [pdf]
- Tuesday 2 December 2008 14:30-16:00
- OLARREAGA Marcelo (Université Genève) : Export Promotion Agencies : What Works and What Doesn't
- Full text [pdf]
- Tuesday 25 November 2008 14:30-16:00
- MSE Paris 1, 6e étage
- EATON Jonathan (New York University) : An Anatomy of International Trade: Evidence from French Firms... returns with new results
- Full text [pdf]
- Tuesday 18 November 2008 14:30-16:00
- The session was canceled.
- MARIN D. (Université Munich) : *
- Monday 10 November 2008 12:00-13:00
- MSE Paris 1, 6e étage
- ANDERSON J. (Boston College) : Globalization and Income Distribution: A Specific Factors Continuum Approach
- Tuesday 28 October 2008 14:30-16:00
- The session was canceled.
- MSE-Paris 1, 6e étage
- BUSTOS Paula (Univesité Pompeu Fabra) : Multilateral Trade liberalization, exports and technology upgrading : evidence on the impact of Mercosur on Argentinean Firms
- Full text [pdf]
- Tuesday 14 October 2008 14:30-16:00
- VAN YPERSELE T. (GREQAM) : The nuisance power of lobbies
- Co-auteur : D. Laussel
- Full text [pdf]
- Friday 3 October 2008 10:00-18:00
- Campus Paris-Jourdan
- Workshop Trade and Development
- Dans le cadre du Séminaire de commerce international Paris Jourdan/Paris 1 est organisé le Workshop Trade and Development qui a lieu ce vendredi 3 octobre de 10h à 18h sur le Campus Paris-Jourdan (48 bd Jourdan - 75014 Paris). Si vous êtes intéressé, veuillez envoyer un courriel de confirmation à Mme Béatrice Havet (beatrice.havet@ens.fr).
- Full text [pdf]
- Wednesday 1 October 2008 14:30-16:00
- MSE-Paris 1, 6e étage
- MASKUS K. (University of Colorado) : Foreign PhD students and knowledge creation at U.S. universities: evidence from enrollment fluctuations
- Full text [pdf]
- Tuesday 3 June 2008 14:30-16:00
- ITO K. (Senshu univ.) : The Impact of Outsourcing on the Japanese and South Korean Labor Markets: International Outsourcing of Intermediate Inputs and Assembly in East Asia
- Full text [pdf]
- Tuesday 20 May 2008 14:30-16:00
- MSE-Paris 1, salle 117
- BERNARD A. (Tuck School of Business) : Multi-Product Firms and Trade Liberalization
- Co-auteurs : S.Redding (LSE), P. Schott (Yale univ.)
- Full text [pdf]
- Wednesday 16 April 2008 10:00-12:00
- MSE-Paris 1, salle 114
- Séance spéciale : séminaire d'intégration au CES
- JOSE DE SOUSA : How are wages set in Beijing? & PAMELA BOMBARDA : The Spatial Pattern of FDI: Some Testable Hypotheses
- Full text [pdf]
- Tuesday 8 April 2008 14:30-16:00
- ULLVEIT-MOE K.H. (Univ. of Oslo) : Manufacturing Restructuring and the Role of Real Exchange Rate Shocks: A Firm-Level Analysis
- Full text [pdf]
- Tuesday 1 April 2008 14:30-16:00
- MSE-Paris 1, salle 114
- NEARY P. (Univ. d'Oxford) : Multi-Product Firms and Flexible Manufacturing in the Global Economy
- Co-auteur : C. Eckel
- Full text [pdf]
- Tuesday 11 March 2008 14:30-16:00
- MSE-Paris 1, salle des thèses
- COMBES P.P. (GREQAM) : The productivity advantages of large markets: Distinguishing agglomeration from firm selection
- Co-auteurs : Gilles Duranton (University of Toronto), Laurent Gobillon (INSED), Diego Puga (IMDEA and Universitad Carlos III) et Sébastien Roux (CREST-INSEE)
- Friday 22 February 2008 10:00-11:30
- TYBOUT J. (Penn State Univ.) : Transactions-level export dynamics
- Full text [pdf]
- Tuesday 5 February 2008 14:30-16:00
- MSE-Paris 1, salle des thèses
- EKHOLM K. (Stockholm univ.) : Offshoring and the Onshore Composition of Occupations, Tasks and Skills
- Co-auteur(s) : S.Becker (LMU Munich) et M.A. Muendler (UC San Diego)
- Full text [pdf]
- Tuesday 22 January 2008 14:30-16:00
- MSE-Paris 1, salle des thèses
- PUGA D. (Univ. Carlos III) : Ruggedness: The blessing of bad geography in Africa
- Co-auteur : N. Nunn
- Full text [pdf]
- Tuesday 15 January 2008 14:30-16:00
- The session was canceled.
- MSE-Paris 1, salle des thèses
- RAFF H. (Univ. zu Kiel) : Tax Rate and tax base competition for Foreign Direct investment
- Co-auteur : Peter Egger
- Full text [pdf]
- Tuesday 18 December 2007 13:30-15:00
- MSE-Paris 1, salle des thèses
- MELITZ M. (Princeton univ.) : The Dynamics of Firm-Level Adjustment to Trade Liberalization
- Co-auteur : J.A. Costantini
- Full text [pdf]
- Tuesday 11 December 2007 14:30-16:00
- MSE-Paris 1, salle des thèses
- CADOT O. (Univ. de Lausanne) : Anti-dumping sunset review : the uneven reach of WTO disciplines
- Co-auteurs : J.de Melo (Université de Genève), B. Tumurchudur (HEC)
- Full text [pdf]
- Tuesday 27 November 2007 14:30-16:00
- ORNELAS E. (LSE) : Trust-based trade
- Co-auteur : L. Araujo (Michigan State univ.)
- Full text [pdf]
- Tuesday 13 November 2007 14:30-16:00
- MSE-Paris 1, salle des thèses
- HARRISON A. (Univ. of California) : Offshoring jobs ? Multinationals and US employment
- Co-auteur : M. McMillan (Tufts University)
- Full text [pdf]
- Wednesday 17 October 2007 14:30-16:00
- ANDERSON J. (Boston college) : Gravity, Productivity and the Pattern of Production and Trade
- Full text [pdf]
- Tuesday 9 October 2007 14:30-16:00
- MSE-Paris 1, salle des thèses
- TRACA D. (Univ. libre de Bruxelles) : Corruption and Bilateral Trade Flows: extortion or evasion ?
- Co-auteur : P. Dutt
- Full text [pdf]
- Tuesday 26 June 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- CHANEY T. (Univ. of Chicago) : *
- Tuesday 29 May 2007 15:00-16:30
- HEAD K. (Univ. of British Columbia) : The erosion of colonial trade linkages after independence
- Co-auteur (s) : T. Mayer et J. Ries
- AbstractHigh trade between countries with colonial ties may be explained by government policies that establish preferential access or as a consequence of networks formed through social interactions. Using bilateral trade data from 1948 to 2003, we examine the effect of independence on post-colonial trade. The severing of formal colonial relations can lead to an immediate reduction in trade as preferential access is eliminated as well as a gradual reduction corresponding to the deterioration of trading networks. Our results reveal that independence reduces colonial trade with its colonizer (metropole), the reduction cumulates over a 30-year period, and the disruption is particularly severe for hostile separations. We also find that overall colonial trade falls subsequent to independence, but to a lesser extent than trade with the metropole.
- Full text [pdf]
- Tuesday 15 May 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- VERDIER T. (PSE) : Competing in Organizations : Firm Heterogeneity and International Trade
- Tuesday 24 April 2007 15:00-16:30
- NEARY J. P. (Univ. of Oxford) : Multi-Product Firms and Flexible Manufacturing in the Global Economy
- Co-auteur (s) : C. Eckel
- AbstractWe present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through a competition effect and a demand effect. We demonstrate how MPFs adjust in the presence of single-product firms and in heterogeneous industries. Our results are in line with recent empirical evidence and suggest that MPFs in conjunction with flexible manufacturing play an important role in the impact of international trade on product diversity. Keywords: Multi-Product Firms, Flexible Manufacturing, General Oligoplistic Equilibrium (GOLE), International Trade, Product Diversity JEL Classification: F12, L13
- Full text [pdf]
- Wednesday 4 April 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- MARKUSEN J. R. (Univ. of Colorado) : Foreign firms, domestic wages
- Co-auteur (s) : N. Malchow-Moller et B. Schjerning
- AbstractForeign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both theoretical micro-foundations and empirical evidence for this are limited. We develop a heterogeneous-firm model in which ex-ante identical workers learn from their employers in proportion to the firm’s productivity. Foreign-owned firms have, on average, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign firms have higher wage growth and, with some exceptions, pay higher average wages, but not when compared to similarly large domestic firms. The empirical implications of the model are tested on matched employer-employee data from Denmark. Consistent with the theory, we find considerable evidence of higher wages and wage growth in large and/or foreign-owned firms. These effects survive controlling for individual characteristics, but, as expected, are reduced significantly when controlling for unobservable firm heterogeneity. Furthermore, acquired skills in foreign-owned and large firms appear to be transferable to both subsequent wage work and self-employment.
- Full text [pdf]
- Tuesday 20 March 2007 15:00-16:30
- O'ROURKE K. (Trinity college) : Trade, knowledge and the industrial revolution
- Full text [pdf]
- Wednesday 14 March 2007 15:00-16:30
- OLARREAGA M. (World bank) : Estimating Trade Restrictiveness Indices
- Co-auteurs : H.Kee, A.Nicita
- Full text [pdf]
- Tuesday 6 March 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- GROSSMAN G. M. (Princeton univ.) : Trading task : a simple theory of offshoring
- Co-auteur (s) : E. Rossi-Hansberg
- Tuesday 6 February 2007 15:00-16:30
- DE MELO J. (Univ. de Genève) : Is trade bad for the environment ? Decomposing world-wide SO2 emissions 1990-2000
- Co-auteurs : Jean-Marie Grether (Université de Neuchatel) et Nicole Mathys (Université de Lausanne)
- Full text [pdf]
- Tuesday 30 January 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- BERNHOFEN D. M. (Univ. of Nottingham) : Predicting the factor content of trade: Theory and evidence
- AbstractThis paper examines the multi-cone specification of the factor proportion theory of international trade. I show that Helpman’s (1984, Economic Journal) bilateral restrictions on the factor of content of trade, which have found recent empirical support by Choi and Krishna (2004, Journal of Political Ecnomy), need to be amended to account for multilateralism. I identify additional restrictions and show that these restrictions form the building block for a multi-lateral specification which extends Alan Deardorff’s (1979, Journal of International Economics) two-country, two-factor, multiple goods chain of comparative advantage prediction to multiple countries and factors. Applying Choi and Krishna’s data set to the multi-lateral specification, I find little empirical support for the prediction of the model.
- Full text [pdf]
- Tuesday 23 January 2007 15:00-16:30
- MSE-Paris 1, salle des thèses
- ROBERT-NICOUD F. (LSE) : Offshoring: general equilibrium effects on wages, production and trade
- Co-auteur (s) : R. Baldwin
- Full text [pdf]
- Tuesday 9 January 2007 15:00-16:30
- BERTRAND O. (GREMAQ) : Cross-Border Acquisition or Greenfield Investment: Does the Entry Mode of FDI Matter for Affiliate R&D?
- Co-auteur(s) : K. Hakkala & P. J. Norbäck
- Full text [pdf]
- Tuesday 19 December 2006 15:00-16:30
- MSE-Paris 1, salle des thèses
- IMBS J. (HEC) : Risk sharing, finance and institutions in international portfolios
- Co-auteur (s) : M. Fratzscher
- AbstractThe paper shows that consumption risk sharing is prevalent even among economies with poor institutions, in particular those with serious expropriation risk, limited enforce- ability of contracts, high corruption and poor property rights. If institutions are poor, however, the country must be open to international markets for risk sharing to be possi- ble. We argue this re‡ects the fact that expropriation and other taxes imposed on foreign capital are particularly costly in open economies, where dynamic retaliation is possible. Thus, even if institutions are such that contract repudiation or con…scation are possible de jure, borrowing economies that are open will rarely practice them de facto. Foreign investors anticipate this, and act to diversify risk. By contrast, the remaining capital ‡ows headed for closed economies with poor institutions are designed and constrained so as to limit the cost incurred in case of expropriation. Diversi…cation motives may still be present, but they take second stage. We con…rm this conjecture showing that all classes of assets, but especially FDI display a strong non-linear relation with the institutional environment. Institutions are crucial in attracting capital for closed economies, but are barely relevant in open ones. Keywords: Risk sharing, Diversi…cation, Portfolio Choice, Financial Integration, Cross-Border Investment, Foreign Direct Investment, Bank Loans, Portfolio Investment. JEL Classification: F21, F30, G15
- Full text [pdf]
- Tuesday 5 December 2006 15:00-16:30
- HIJZEN A. (OCDE) : The Effects at Home of Initiating Production Abroad: Evidence from Matched French Firms
- Co-auteur : S. Jean, T. Mayer
- AbstractIn the present paper we attempt to estimate the effects of initiating production abroad through the establishment of a foreign production affiliate. We consider the impact of becoming a multinational on the level of employment, the degree of skill-intensity and productivity performance using data for French firms during the period 1987-1999. In order to solve the problem of the missing counterfactual we adopt matching techniques in combination with a difference-in-difference (DID) estimator. The paper contains two main novelties. First, we separately analyse the effects of becoming a multinational for manufacturing and services firms. Second, we analyse the causal effect of becoming multinational whilst differentiating between horizontal, vertical or complex investment strategies on the basis of the location of investment and the industry affiliation of the investing firm. Our main findings suggest that differentiating between different investment strategies is crucial if one wants to grasp the effects of outward investment in the home country. Manufacturing firms that make market-seeking investments typically see their employment rise by 25% after three years relative to their counterfactual outcome. For manufacturing firms that make factor-seeking investments, on the other hand, the picture is more complex. The visual representation of the results suggests that firms that invest in low income locations experience an immediate drop in employment at the time of investment followed by a larger positive effect after two years. However, these findings are not statistically significant. The results for services are more tentative, but overall similar to those for manufacturing. Keywords: FDI, multinationals, propensity score matching, services, delocalisation JEL Code: F14, F21, F23
- Full text [pdf]
- Tuesday 21 November 2006 15:00-16:30
- MSE-Paris 1, salle des thèses
- TRIONFETTI F. (Univ. d'Aix-Marseille) : A Test of Trade Theories When Expenditure is Home Biased
- Co-auteur (s) : M. Brülhart
- Full text [pdf]
- Tuesday 7 November 2006 15:00-16:30
- OTTAVIANO G.I.P. (Facoltà di economia) : Immigration and wages
- Full text [pdf]
- Tuesday 24 October 2006 15:00-16:30
- MSE-Paris 1, salle des thèses
- JAVORCIK B. S. (World bank) : Does Services Liberalization Benefit Manufacturing Firms? Evidence from the Czech Republic
- Co-auteur (s) : J. Arnold et A. Mattoo
- Full text [pdf]
- Tuesday 17 October 2006 15:00-16:30
- DECALUWE B. (Univ. de Laval) : Trade Liberalization and Poverty: Lessons from Asia and Africa
- Co-auteur (s) : J. Cockburn & V. Robichaud
- Full text [pdf]
- Wednesday 27 September 2006 15:00-16:30
- MSE-Paris 1, salle 117
- MATALONI R. (Bureau of economic analysis) : Do US Multinationals engage in sequential choice ? Evidence from new manufacturing operations in Europe
- Full text [pdf]