This course will provide students with an analytical framework for the study of international trade. It is divided into four main parts. The first considers both the predictions of the classical 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. Preferential trade agreements will also be discussed. The third part is devoted to analysing the topic of migration flows, their characteristics, determinants, evolution and impacts. Finally, the last part deals with the empirical analysis of international trade.
The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
At the end of the course students will be able to understand the main determinants of international trade and migration flows, the characteristics and implications of trade policy measures and to work with trade and trade policy data.
The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
At the end of the course students will be able to understand the main determinants of international trade and migration flows, the characteristics and implications of trade policy measures and to work with trade and trade policy data.
Curriculum
teacher profile teaching materials
The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
Articles on current topics will be proposed during the class with the purpose of stimulating class discussion.
Outline
Section 1: International trade: stylized facts
- Facts, changes and history of globalization
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
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
Section 4: Migration
- International migration flows
- Determinants of migration
- Economic impact of migration on countries of origin and destination
Section 5: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model
Clemens, M. A. 2011. “Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?”, Journal of Economic Perspectives, Vol. 25, No. 3 (Summer), pp. 83-106
Lecture slides, articles and other teaching material will be downloadable from the Web page of the course.
Mutuazione: 21210420 International trade and Migration in Economia dell'ambiente, lavoro e sviluppo sostenibile LM-56 NENCI SILVIA
Programme
This course will provide students with an analytical framework for the study of international trade. It is divided into three main parts. The first considers both the predictions of the classical 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. Preferential trade agreements will also be discussed. The third part is devoted to analyse the topic of migration flows, their characteristics, determinants and evolution.The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
Articles on current topics will be proposed during the class with the purpose of stimulating class discussion.
Outline
Section 1: International trade: stylized facts
- Facts, changes and history of globalization
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
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
Section 4: Migration
- International migration flows
- Determinants of migration
- Economic impact of migration on countries of origin and destination
Section 5: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model
Core Documentation
Feenstra R. C. and A.M Taylor (2017), International Trade, Forth Edition, Worth Publishers, chapters: 1, 2, 3, 4, 5, 6, 7, 8, 9.Clemens, M. A. 2011. “Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?”, Journal of Economic Perspectives, Vol. 25, No. 3 (Summer), pp. 83-106
Lecture slides, articles and other teaching material will be downloadable from the Web page of the course.
Type of evaluation
The course assessment will be based on an oral exam. Students attending the class will have the opportunity to make a presentation based on articles proposed during the course or case studies or empirical exercise. teacher profile teaching materials
The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
Articles on current topics will be proposed during the class with the purpose of stimulating class discussion.
Outline
Section 1: International trade: stylized facts
- Facts, changes and history of globalization
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
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
Section 4: Migration
- International migration flows
- Determinants of migration
- Economic impact of migration on countries of origin and destination
Section 5: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model
Clemens, M. A. 2011. “Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?”, Journal of Economic Perspectives, Vol. 25, No. 3 (Summer), pp. 83-106
Lecture slides, articles and other teaching material will be downloadable from the Web page of the course.
Programme
This course will provide students with an analytical framework for the study of international trade. It is divided into three main parts. The first considers both the predictions of the classical 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. Preferential trade agreements will also be discussed. The third part is devoted to analyse the topic of migration flows, their characteristics, determinants and evolution.The course considers both the theories and recent empirical works, as well as a discussion of the relevant methodological issues in measurement and estimation.
Articles on current topics will be proposed during the class with the purpose of stimulating class discussion.
Outline
Section 1: International trade: stylized facts
- Facts, changes and history of globalization
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
- Non-tariff barriers
- Multilateral trade integration: the World Trade Organization
Section 4: Migration
- International migration flows
- Determinants of migration
- Economic impact of migration on countries of origin and destination
Section 5: Empirical lab sessions
- Trade and trade policies data sources
- Working with trade and trade policies data: the gravity model
Core Documentation
Feenstra R. C. and A.M Taylor (2017), International Trade, Forth Edition, Worth Publishers, chapters: 1, 2, 3, 4, 5, 6, 7, 8, 9.Clemens, M. A. 2011. “Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?”, Journal of Economic Perspectives, Vol. 25, No. 3 (Summer), pp. 83-106
Lecture slides, articles and other teaching material will be downloadable from the Web page of the course.
Type of evaluation
The course assessment will be based on an oral exam. Students attending the class will have the opportunity to make a presentation based on articles proposed during the course or case studies or empirical exercise.