EABCN Training School: Micro-Structure of Trade - Theory and Evidence

EABCN Training School: Micro-Structure of Trade - Theory and Evidence​

By Marc J. Melitz (Harvard University and CEPR)

 

Venue: Conference room, Robert Schuman Centre for Advanced Studies

European University Institute, Via delle Fontanelle 18 - San Domenico di Fiesole, Florence

 

19-21 September 2016

 

Course Schedule

List of Participants

Local Information

EABCN Website

 

Course background

Recent empirical evidence has shown that firms/plants producing similar goods react very differently to international forces. Some firms export, while others only serve their domestic market. Among the former, a small subset export to a large number of international markets while a substantial proportion of exporters only serve a single foreign market. Other firms (multinationals) choose to serve customers in foreign markets via local subsidiaries. Trade, and international forces more generally, thus induce important composition changes within industries, leading to substantial measured changes in economic performance. The lectures will survey the newer empirical literature based on firm-level studies of trade, and develop the analytical framework for general equilibrium models of trade with heterogeneous producers. The lectures will then cover applications (both theoretical and empirical) of these models to different subfields of international economics. 

About the instructor

Marc J. Meritz (http://scholar.harvard.edu/melitz/home) the David A. Wells Professor of Political Economy at Harvard University. He holds a B.A. from Haverford College (1989), an M.S.B.A. from the Robert Smith School of Business (1992), and a Ph.D. from the University of Michigan (2000).  He is a fellow of the Econometric Society and is affiliated with the National Bureau of Economic Research (NBER), the Centre for Economic Policy Research (CEPR), CESifo, and the Kiel Institute for the World Economy.  His broad research interests are in international trade and investment.  More specifically, he studies producer-level responses to globalization and their implications for aggregate trade and investment patterns.  His research has been funded by the Sloan Foundation and by the NSF.