21210064 - International trade in the global economy

The aim of the course is to provide students with an analytical framework for the study of international trade. The course considers both theories and policies, as well as a discussion of the relevant methodological issues in measurement and estimation.

Curriculum

teacher profile | teaching materials

Mutuazione: 21210064 International trade in the global economy in Economia dell'ambiente e dello sviluppo LM-56 NENCI SILVIA

Programme

This course will provide students with an analytical framework for the study of international trade. It is divided into two main parts. The first considers both the predictions of the Neoclassical trade theory (i.e., the Ricardian Model and the Heckscher-Ohlin Model) and the new trade models with imperfect competition, including the most recent developments related to firm-level evidence. The second one discusses the effects and the political economy determinants of trade policy. International agreements multilateral trade liberalization and on regional trade liberalization will also be discussed. The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.

Outline

Section 1: International trade: stylized facts
- Facts, changes and history of globalization
- International migration flows

Section 2: Trade theories
- The Ricardian Model
- The Specific-Factors Model
- Factor endowments and the Heckscher-Ohlin Model
- Movement of labor and Capital
- The New Trade Theories
- Offshoring and Global Value Chain
- Firm Heterogeneity

Section 3: Trade policy
- Import Tariffs and Quotas
- Export subsidies and taxes
- Measuring trade protection
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
- Trade policy and the environment

Section 4: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model


Core Documentation

R. C. Feenstra and A.M Taylor (2017), International Trade, Forth Edition, Worth Publishers.

teacher profile | teaching materials

Programme

This course will provide students with an analytical framework for the study of international trade. It is divided into two main parts. The first considers both the predictions of the Neoclassical trade theory (i.e., the Ricardian Model and the Heckscher-Ohlin Model) and the new trade models with imperfect competition, including the most recent developments related to firm-level evidence. The second one discusses the effects and the political economy determinants of trade policy. International agreements multilateral trade liberalization and on regional trade liberalization will also be discussed. The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.

Outline

Section 1: International trade: stylized facts
- Facts, changes and history of globalization
- International migration flows

Section 2: Trade theories
- The Ricardian Model
- The Specific-Factors Model
- Factor endowments and the Heckscher-Ohlin Model
- Movement of labor and Capital
- The New Trade Theories
- Offshoring and Global Value Chain
- Firm Heterogeneity

Section 3: Trade policy
- Import Tariffs and Quotas
- Export subsidies and taxes
- Measuring trade protection
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
- Trade policy and the environment

Section 4: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model


Core Documentation

R. C. Feenstra and A.M Taylor (2017), International Trade, Forth Edition, Worth Publishers.

teacher profile | teaching materials

Mutuazione: 21210064 International trade in the global economy in Economia dell'ambiente e dello sviluppo LM-56 NENCI SILVIA

Programme

This course will provide students with an analytical framework for the study of international trade. It is divided into two main parts. The first considers both the predictions of the Neoclassical trade theory (i.e., the Ricardian Model and the Heckscher-Ohlin Model) and the new trade models with imperfect competition, including the most recent developments related to firm-level evidence. The second one discusses the effects and the political economy determinants of trade policy. International agreements multilateral trade liberalization and on regional trade liberalization will also be discussed. The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.

Outline

Section 1: International trade: stylized facts
- Facts, changes and history of globalization
- International migration flows

Section 2: Trade theories
- The Ricardian Model
- The Specific-Factors Model
- Factor endowments and the Heckscher-Ohlin Model
- Movement of labor and Capital
- The New Trade Theories
- Offshoring and Global Value Chain
- Firm Heterogeneity

Section 3: Trade policy
- Import Tariffs and Quotas
- Export subsidies and taxes
- Measuring trade protection
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
- Trade policy and the environment

Section 4: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model


Core Documentation

R. C. Feenstra and A.M Taylor (2017), International Trade, Forth Edition, Worth Publishers.