...

ECON 8413-001 International Trade Theory

by user

on
Category: Documents
11

views

Report

Comments

Transcript

ECON 8413-001 International Trade Theory
THE UNIVERSITY OF COLORADO
DEPARTMENT OF ECONOMICS
Economics 8413
International Trade
Fall, 2014
Keith Maskus
Economics 107, 492-7588, [email protected]
Hours: Monday 3:00 – 5:00; Wednesday 2:00 – 3:00 and by appointment
D2L course site: https://learn.colorado.edu/d2l/home/71448
Syllabus and Reading List
This course covers advanced topics in international trade, including classical comparative
advantage, the theory of heterogeneous firms in trade, basics of trade policy, empirical
work in international trade, and factor mobility. While an attempt is made to be
comprehensive, time pressures dictate a judicious choice of materials to cover. However,
the reading list provides a wide range of supplementary materials to consult on specific
applications, which should be useful in thinking about research topics. The objectives of
the course are to expose students deeply to frontier issues in international trade and to
provide an analytical framework within which to pursue professional research.
There are no required texts for the course; readings will be posted on the course D2L site
or I will provide an active link to where you can get them. However, the following books
are very useful sources for particular issues in trade theory and policy (and in some cases
specific chapters will be on D2L) and are worth having in your personal library.
R. Feenstra, Advanced International Trade, Princeton U Press, 2004 (F).
H. Bowen, A. Hollander, and J-M Viaene, Applied International Trade, PalgraveMacmillan 2012 (BHV).
J. Markusen and K Maskus, International Trade: Theory and Evidence,
manuscript 2014 (MM); I will email this text to you.
E.K. Choi and J. Harrigan eds., Handbook of International Trade, Blackwell 2003
(CH).
G. Gopinath, E. Helpman and K. Rogoff eds. Handbook of International
Economics, North-Holland 2014 (GHR).
A. Dixit and V. Norman, Theory of International Trade, Cambridge U. Press.
1992 (DN).
E. Helpman and P. Krugman, Market Structure and Foreign Trade, MIT Press,
1986 (HK).
K. Bagwell and R.W. Staiger The Economics of the World Trading System, MIT
Press, 2003 (BS).
P. Combes, T. Mayer, and J-F Thisse, Economic Geography, Princeton U Press,
2008 (CMT).
1
The following older books are useful resources for foundational material. They are listed
here solely for your reference. I have marked particularly important volumes with an
asterisk.
*P. Aghion and P. Howitt, Endogenous Growth Theory, MIT Press, 1999.
*W.M. Corden, Trade Policy and Economic Welfare, Oxford U. Press, 2d
edition, 1997.
R.C. Feenstra, Empirical Methods for International Trade, MIT Press, 1987.
*G. Grossman, Imperfect Competition and International Trade, MIT Press, 1992.
*G. Grossman and E. Helpman, Innovation and Growth in the Global Economy,
MIT Press, 1991.
E. Helpman and P. Krugman, Trade Policy and Market Structure, MIT Press,
1988.
*E.E. Leamer, Sources of International Comparative Advantage, MIT Press,
1985.
A. Woodland, International Trade and Resource Allocation, North-Holland,
1980.
*G. Grossman and K. Rogoff, Handbook of International Economics: Vol. 3,
North-Holland, 1995.
*R. Jones and P.B. Kenen (JK), Handbook of International Economics: Vol. 1,
North-Holland, 1985.
Finally, while this course emphasizes theory and frontier empirical work, some students
may want a foundation in the practical issues of trade policy and international economic
relations. Here are some useful qualitative and policy-oriented books on the WTO,
preferential trade, etc.
J.N. Bhagwati and R.E. Hudec, Fair Trade and Harmonization: Prerequisites for
Free Trade? Volume 1: Economic Analysis, MIT Press, 1996.
B. Hoekman and M. Kostecki, The Political Economy of the World Trading
System, 3rd ed, Oxford U Press, 2009.
A. Narlikar, M. Daunton and R.M. Stern, The Oxford Handbook on the WTO,
Oxford U Press, 2012.
K.E. Maskus, Private Rights and Public Problems: The Global Economics of
Intellectual Propertyin the 21st Century, Peterson Institute, 2012.
O. Cadot, et al, The Origin of Goods: Rules of Origin in Regional Trade
Agreements, Oxford U Press, 2006.
C.P. Bown and J. Pauwelyn, The Law, Economics and Politics of Retaliation in
WTO Dispute Settlement, Cambridge U Press, 2010.
ASSIGNMENTS:
There will be two examinations (September 29 and December 3), three problem sets, and
a research paper (details discussed below). I also anticipate classroom participation: ask
questions, bring up issues, offer insights on the material, etc. These tasks will be assigned
the following weights in the overall grade:
Examination 1
30%
Examination 2
30%
Problem Sets
15%
2
Paper
Participation
20%
5%
The research paper should be an up-to-date, critical review of the frontier literature on a
particular aspect of trade theory or trade policy (consult with me for likely topics), not
exceeding 15 double-spaced pages. The paper should conclude with a description of a
research project you think would be fruitful. The goal of the paper is to move you into a
research topic that could lead to a journal submission and/or a start on your dissertation.
READINGS:
Required readings are marked with an (R). Very useful background readings, which are
highly recommended though not required, are marked with (B) and often provide
material for lectures. Additional readings are listed are for those wanting deeper and
fuller treatments. In nearly all sections I have incorporated both theoretical and empirical
papers.
Note: Abbreviations used for journals:
AER
American Economic Review
ECA
Econometrica
EJ
Economic Journal
IER
International Economic Review
JIE
Journal of International Economics
JPE
Journal of Political Economy
QJE
Quarterly Journal of Economics
REStat
Review of Economics and Statistics
REStud
Review of Economic Studies
SUBJECTS AND READINGS
1. Introductory Material on Trade and FDI: August 25
(R) BHV, Ch. 1 (D2L)
(R) MM, Ch. 1
2. The Gains from Trade in Competitive Models: August 27
(R) DN, Ch. 3 (D2L)
(R) Deardorff, “The General Validity of the Law of Comparative Advantage,” JPE
1980, 941-957 http://www.jstor.org/stable/i331949
(R) Frankel and Romer, “Does Trade Cause Growth?” AER 1999, 379-399
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.89.3.379
(R) Bernhofen and Brown, “An Empirical Assessment of the Comparative
Advantage Gains from Trade: Evidence from Japan,” AER 2005, 208-225
http://pubs.aeaweb.org/doi/pdfplus/10.1257/0002828053828491
(B) MM, Ch. 5
(B) Bernhofen and Brown, “A Direct Test of the Theory of Comparative Advantage:
The Case of Japan,” JPE 2004, 48-67
http://www.jstor.org/stable/10.1086/jpe.2004.112.issue-1
Samuelson, “The Gains from International Trade Once Again,” EJ 1962
3
3. Technology Differences and Trade: September 3-8
(R) BHV, Ch. 3 (D2L)
(R) Dornbusch, Fischer, and Samuelson, “Comparative Advantage, Trade, and
Payments in a Ricardian Model with a Continuum of Goods,” AER 1977, 823839 (D2L)
(R) Eaton and Kortum, “Technology, Geography, and Trade,” ECA 2002, 1741-1779
http://onlinelibrary.wiley.com/doi/10.1111/1468-0262.00352/pdf
(B) MM, Ch. 7
(B) Costinot, “On the Origins of Comparative Advantage,” JIE 2009, 255-264
http://www.sciencedirect.com/science/journal/00221996/77/2
(B) Trefler, “International Factor Price Differences: Leontief was Right!” JPE 1993,
961-987, secs. II and III http://www.jstor.org/stable/i337466
(B) Costinot, Donaldson and Komunjer, “What Goods do Countries Trade? A
Quantitative Exploration of Ricardo’s Ideas,” REStud 2012, 581-608
http://restud.oxfordjournals.org/content/79/2/581.full.pdf+html
Ruffin, “The Missing Link: The Ricardian Approach to the Factor Endowments
Theory of Trade,” AER September 1988
Markusen and Svensson, “Trade in Goods and Factors with International Differences
in Production Technology,” IER 1985.
4. The Factor-Proportions Model: September 10-17
(R) F, Ch. 1 and 2 (D2L)
(R) Trefler, “The Case of the Missing Trade and Other HOV Mysteries,” AER 1995,
1029-1046 (D2L)
(R) Davis and Weinstein, “An Account of Global Factor Trade,” AER 2001, 1423
-1453 http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.91.5.1423
(B) HK, Ch. 1 (D2L)
(B) F, Ch. 3 (D2L)
(B) MM, Ch. 8
(B) Harrigan, “Specialization and the Volume of Trade: Do the Data Obey the
Laws?” in CH, Ch 4 (D2L)
(B) Davis and Weinstein, “The Factor Content of Trade,” in CH, Ch. 5 (D2L)
R. Jones, “The Structure of Simple General Equilibrium Models,” JPE 1965
Deardorff, “Weak Links in the Chain of Comparative Advantage,” JIE 1979
Deardorff, “The General Validity of the Heckscher-Ohlin Theorem,” AER 1982
Melvin, “Production and Trade with Two Factors and Three Goods,” AER 1968
Leamer, Sources of International Comparative Advantage, MIT Press, 1985
Bowen, Leamer, and Sveikauskas, “Multicountry, Multifactor Tests of the Factor
Abundance Theory,” AER 1987
Costinot and Vogel, “Matching and Inequality in the World Economy,” JPE 2009,
747-786
Morrow, “Ricardian-Heckscher-Ohlin Comparative Advantage: Theory and
Evidence,” JIE 2010
Romalis, “Factor Proportions and the Structure of Commodity Trade,” AER 2004
Schott, “One Size Fits All? Heckscher-Ohlin Specialization in Global Production,”
AER 2003
4
5. The Specific-Factors Model: September 22
(R) Mussa, “Tariffs and the Distribution of Income: the Importance of Factor
Specificity, Substitutability, and Intensity in the Short and Long Run,” JPE 1974,
1191-1203 http://www.jstor.org/stable/i304827
(R) Grossman and Levinsohn, “Import Competition and the Stock Market Return to
Capital,” AER 1989, 1065-1087 (D2L)
(B) MM, Ch.9
(B) Kovak, “Regional Trade Effects of Trade Reform: What is the Correct Measure
of Liberalization?” AER 2013, 1960-1976
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.103.5.1960
DN, Chapter 4 and Chapter 5, parts 2 and 3
Neary, “Short-Run Capital Specificity and the Pure Theory of International Trade,”
EJ 1978
Kohli, “US Technology and the Specific-Factors Model,” JIE 1993
PROBLEM SET ONE DUE SEPTEMBER 22
6. Basic Oligopoly Models: September 24
(R) BHV, Ch. 8.1 (D2L)
(R) Brander and Krugman, “A Reciprocal Dumping Model of International Trade,”
JIE 1983, 313-21 http://www.sciencedirect.com/science/journal/00221996/15/3-4
(B) MM, Ch. 11
(B) HK, Ch. 5 (D2L)
(B) Trefler, “The Long and Short of the Canada-US Free Trade Agreement,” AER
2004, 870-895 http://pubs.aeaweb.org/doi/pdfplus/10.1257/0002828042002633
Levinsohn, “Testing Imports as Market Discipline Hypothesis,” JIE 1993
Markusen, “Trade and the Gains from Trade with Imperfect Competition,” JIE 1981
Krugman, “Import Protection as Export Promotion: International Competition in the
Presence of Oligopoly and Economies of Scale,” in Grossman, 1992
Neary, “International Trade in General Oligopolistic Equilibrium,” manuscript.
EXAMINATION ONE: SEPTEMBER 29 (covers sections 1 through 5)
7. Monopolistic Competition: October 6-8
(R) BHV, Ch. 8.2-8.4 (D2L)
(R) F, Ch. 5 (D2L)
(R) Krugman, “Increasing Returns, Monopolistic Competition, and International
Trade,” JIE 1979, 469-479
(R) Hanson and Xiang, “The Home-Market Effect and Bilateral Trade Patterns,” AER
2004, 1108-29 http://pubs.aeaweb.org/doi/pdfplus/10.1257/0002828042002688
(B) MM, Ch. 12
(B) Krugman, “Scale Economics, Product Differentiation, and the Pattern of Trade,”
AER 1980, 950-959 (D2L)
HK, Ch. 6-9
5
Davis and Weinstein, “Does Economic Geography Matter for International
Specialization?” NBER working paper 5706, 1996
Lancaster, “Intra-Industry Trade under Perfect Monopolistic Competition,” JIE 1980
Feenstra, “Gains from Trade in Differentiated Products: Japanese Compact
Trucks,” in Feenstra, Ch. 5
8. Gravity Models, Geography and Trade Costs: October 13-15
(R) Anderson and van Wincoop, “Gravity with Gravitas: A Solution to the Border
Puzzle,” AER 2003, 170-92
http://pubs.aeaweb.org/doi/pdfplus/10.1257/000282803321455214
(R) Head and Mayer, “Gravity Equations: Workhorse, Toolkit, and Cookbook,” in
GHR, Ch. 3 (D2L)
(R) Donaldson, “Railroads of the Raj: Estimating the Impact of Transportation
Infrastructure,” AER forthcoming http://economics.mit.edu/files/6038
(B) Redding and Sturm, “The Costs of Remoteness: Evidence from German Division
and Reunification,” AER 2008, 1766-97
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.98.5.1766
(B) Anderson and van Wincoop, “Trade Costs,” Journal of Economic Literature 2004,
691-751 http://pubs.aeaweb.org/doi/pdfplus/10.1257/0022051042177649
(B) Hummels, “Transportation Costs and International Trade in the Second Era of
Globalization,” Journal of Economic Perspectives 2007, 131-54
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.21.3.131
9. Heterogeneous Firms and Trade: Background and Theory: October 20-22
(R) Bernard, Jensen, Redding and Schott, “Firms in International Trade,” Journal of
Economic Perspectives 2007, 105-30
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.21.3.105
(R) Melitz and Redding, “Heterogeneous Firms and Trade,” in GHR, Ch. 1 (D2L)
(R) Bernard, Redding, and Schott, “Comparative Advantage and Heterogeneous
Firms,” REStud 2007, 31-66
http://restud.oxfordjournals.org/content/74/1/31.full.pdf+html
(R) Arkolakis, Costinot and Rodriguez-Clare, “New Trade Models, Same Old
Gains?” AER 2012, 94-130
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.102.1.94
(B) Melitz, “The Impact of Trade on Intra-Industry Reallocations and Aggregate
Industry Productivity,” ECA 2003, 1695-1725
http://onlinelibrary.wiley.com/doi/10.1111/1468-0262.00467/pdf
(B) Nocke and Yeaple, “Globalization and Multiproduct Firms,” NBER working
paper 19409, 2013 http://www.nber.org/papers/w19409.pdf
(B) Demidova and Rodriguez-Clare, “The Simple Analytics of the Melitz Model in a
Small Open Economy,” JIE 2013, 266-72
http://www.sciencedirect.com/science/journal/00221996/90
Melitz and Ottaviano, “Market Size, Trade and Productivity,” REStud 2003
Bernard, Redding, and Schott “Multiproduct Firms and Trade Liberalization,” QJE
2011
6
10. Heterogeneous Firms and Trade: Empirical Studies: October 29-November 3 (See
next section for October 27)
(R) Chaney, “Distorted Gravity: Heterogeneous Firms, Market Structure, and the
Geography of International Trade,” AER 2008, 1707-21
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.98.4.1707
(R) Helpman, Melitz and Rubinstein, “Estimating Trade Flows: Trading Partners and
Trading Volumes,” QJE 2008, 441-87
http://qje.oxfordjournals.org/content/123/2/441.full.pdf+html
(R) Tybout, “Plant- and Firm-Level Evidence on ‘New’ Trade Theories,” in CH, Ch.
13 (D2L)
(B) Das, Roberts and Tybout, “Market Entry Costs, Producer Heterogeneity, and
Export Dynamics,” ECA 2007, 837-73
http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0262.2007.00769.x/pdf
Roberts and Tybout, “The Decision to Export in Colombia: An Empirical Model of
Entry with Sunk Costs,” AER 1997
Pavcnik, “Trade Liberalization, Exit and Productivity Improvements: Evidence from
Chilean Plants” REStud 2002
Balistreri, Hillberry and Rutherford, "Structural Estimation and Solution of
International Trade Models with Heterogeneous Firms," JIE 2011
11. Demand Patterns and Trade: October 27
(R) Markusen, “Putting Per-Capita Income Back into Trade Theory,” JIE 2013, 25565 http://www.sciencedirect.com/science/journal/00221996/90
(R) Caron, Fally and Markusen, “International Trade Puzzles: A Solution Linking
Production and Preferences,” working paper 2013, QJE 2014
http://spot.colorado.edu/~markusen/publications_files/Published/0314_CFM_QJE
.pdf
(B) Markusen, “Explaining the Volume of Trade: an Eclectic Approach,” AER 1986,
1002-1011 (D2L)
(B) MM, Ch. 14
Hunter, “The Contribution of Nonhomothetic Preferences to Trade,” JIE 1991
Bergstrand, “The Heckscher-Ohlin Theorem, the Linder Hypothesis, and the Volume
and Pattern of International Trade,” EJ 1990
PROBLEM SET TWO DUE NOVEMBER 5
12. Foreign Direct Investment and the Multinational Firm: November 5-10
(R) BHV, Ch. 11 (D2L)
(R) Carr, Markusen and Maskus, “Estimating the Knowledge-Capital Model of the
Multinational Enterprise,” AER 2001, 693-708
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.91.3.693
(R) Helpman, Melitz and Yeaple, “Export versus FDI with Heterogeneous Firms”
AER 2004, 300-16
http://pubs.aeaweb.org/doi/pdfplus/10.1257/000282804322970814
(B) MM, Ch. 15-16
(B) Markusen and Maskus, “General Equilibrium Approaches to the Multinational
7
Firm: A Review of Theory and Evidence,” in GH, Ch. 11 (D2L)
13. Trade, Offshoring and Technology Diffusion: November 12-17
(R) Grossman and Rossi-Hansberg, “Trading Tasks: A Simple Theory of
Offshoring,” AER 2008, 1978-1997
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.98.5.1978
(R) Keller and Yeaple, “The Gravity of Knowledge,” AER 2013, 1414-1444
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.103.4.1414
(B) Antras and Rossi-Hansberg “Organizations and Trade,” Annual Review of
Economics 2009, 43-64 (D2L)
(B) MM, Ch. 17
(B) Keller, “International Technology Diffusion” Journal of Economic Literature
2004, 752-82 http://pubs.aeaweb.org/doi/pdfplus/10.1257/0022051042177685
Coe, Helpman and Hoffmaister, “North-South R&D Spillovers,” EJ 1997
Hummels, Jorgensen, Munch and Xiang, “The Wage and Employment Effects
of Outsourcing: Evidence from Danish Matched Worker Firm Data,” AER 2014
14. Trade and Institutions: November 19
(R) Levchenko, “Institutional Quality and International Trade,” REStud 2007,
791-819 http://restud.oxfordjournals.org/content/74/3/791.full.pdf+html
(B) Antras, “Incomplete Contracts and the Product Cycle,” AER 2005, 1054-73
http://pubs.aeaweb.org/doi/pdfplus/10.1257/0002828054825600
(B) Nunn, “Relationship Specificity, Incomplete Contracts and the Pattern of Trade,”
QJE 2007, 569-600 http://qje.oxfordjournals.org/content/122/2/569.full.pdf+html
(B) Rauch, “Business and Social Networks in International Trade,” Journal of
Economic Literature 2001, 1177-1203
NOVEMBER 24-26 NO CLASSES; FALL BREAK
15. Trade Policy: Competitive and Imperfectly Competitive Markets: December 1
(R) BHV, Ch. 5 and Ch. 10 (D2L)
(B) MM, Ch. 18-20
(B) Eaton and Grossman, “Optimal Trade and Industrial Policy under Oligopoly,” in
Grossman, Ch. 7 (D2L)
Vousden, The Economics of Trade Protection, Cambridge U Press 1990
Corden, Trade Policy and Economic Welfare, Oxford U. Press 1997
Berry, Levinsohn, and Pakes, “Voluntary Export Restraints on Automobiles:
Evaluating a Trade Policy,” AER 1999
Krishna, “Trade Restrictions as Facilitating Practices,” in Grossman, Ch. 5
Horstmann and Markusen, “Up the Average Cost Curve: Inefficient Entry and the
New Protectionism,” JIE 1986
PROBLEM SET THREE DUE DECEMBER 1
EXAMINATION TWO: DECEMBER 3 (covers sections 7-14)
8
16. Economic Theories of Trade Agreements: Dec 8
(R) BS, Ch. 2 (D2L)
(R) Horn, Maggi and Staiger, “Trade Agreements as Endogenously Incomplete
Contracts,” AER 2010, 394-419
http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.100.1.394
(B) Grossman and Horn, “Why the WTO? An Introduction to the Economics of Trade
Agreements,” manuscript 2012 (D2L)
(B) MM, Ch. 21-22
Ethier, “Political Externalities, Non-Discrimination, and a Multilateral World,”
Review of International Economics 2004
17. Political Economy of Protection: December 8
(R) Grossman and Helpman, “Protection for Sale,” AER 1994, 833-850 (D2L)
(R) Goldberg and Maggi, "Protection for Sale: An Empirical Investigation," AER
1999, 1135-55 (D2L)
Cassing, McKeown, and Ochs, “The Political Economy of the Tariff Cycle,”
American Political Science Review, 1986.
Magee, Brock and Young, Black Hole Tariffs and Endogenous Policy Theory:
Political Economy in General Equilibrium Cambridge U Press, 1989
Gawande and Bandyopadhyay, "Is Protection for Sale? Evidence on the GrossmanHelpman Theory of Endogenous Protection," REStat 2000
PART V: OTHER TOPICS
It is unfortunate but we will not have time to cover the following areas, though elements
of some were covered in the readings above. All of these subjects are actively being
researched and are interesting and important. Feel free to read in these areas for a
paper/dissertation topic or for your own interest.
18. Trade, Innovation and Endogenous Growth
Krugman, “A Model of Innovation, Technology Transfer, and the World Distribution
of Income,” JPE 1979
Dollar, “Technological Innovation, Capital Mobility, and the Product Cycle in NorthSouth Trade,” AER 1986
Grossman and E. Helpman, Innovation and Growth in the Global Economy, MIT
Press 1991
Helpman, “Innovation, Imitation, and Intellectual Property Rights,” ECA, 1993
He and Maskus, “Southern Innovation and Reverse Knowledge Spillovers,” IER
2012.
Howitt, “Endogenous Growth and Cross-Country Income Differences,” AER 2000,
829-846
19. Trade, Labor Markets and Immigration
Costinot and Vogel, “Matching and Inequality in the World Economy,” JPE 2010
9
Grossman, “The Distribution of Talent and the Pattern and Consequences of
International Trade,” JPE 2004
Helpman, Itshoki, Redding and Muendler, “Trade and Inequality: from Theory to
Estimation,” NBER working paper 17991, 2012
Ohnsorge and Trefler, “Sorting it Out: International Trade with Heterogeneous
Workers,” JPE 2007
Davidson, Martin and Matusz, “Trade and Search-Generated Unemployment,” JIE
1999
Ottaviano, Peri and Wright, “Immigration, Offshoring and American Jobs,” AER
2014
Peri, “The Effect of Immigration on Productivity: Evidence from US States,” REStat
2013
G. Hanson and M. Slaughter, “The Rybczynski Theorem, Factor-Price Equalization,
and Immigration: Evidence from U.S. States,” NBER working paper 7074, 1999
20. Product Quality and Trade
Hallak, “Product Quality and the Direction of Trade,” JIE 2006
Hummels and Klenow, “The Variety and Quality of a Nation’s Exports,” AER 2005
Hummels and Skiba, “Shipping the Good Apples Out? An Empirical Confirmation of
the Alchian-Allen Hypothesis,” JPE 2004
Schott, “Across-Product versus Within-Product Specialization and Trade,” QJE 2004
21. Trade in Intermediates and Vertical Specialization
F, Ch.4
Antras and Chor, “Organizing the Global Value Chain,” NBER working paper 18163,
2012
Hummels, Ishii and Yi, “The Nature and Growth of Vertical Specialization in
International Trade,” JIE 2001
Antras, Chor, Fally, and Hillberry, “Measuring the Upstreamness of Production and
Trade Flows,” AER Papers and Proceedings 2012
Kohler, “International Outsourcing and Factor Prices with Multistage Production,” EJ
2004
Nunn and Trefler, “Incomplete Contracts and the Boundaries of the Multinational
Firm,” Journal of Economic Behavior and Organization, 2013
22. International Trade and the Environment
Copeland and Taylor, “Trade and Trans-boundary Pollution,” AER 1995
Antweiler, Copeland, and Taylor, “Is Free Trade Good for the Environment?” AER
2001
Copeland and Taylor, “Trade, Growth and the Environment,” Journal of Economic
Literature 2004
Bohringer, Carbone, and Rutherford, “Embodied Carbon Tariffs,” NBER working
paper 17376, 2011
Bohringer and Rutherford, “Carbon Abatement and International Spillovers,”
Environmental and Resource Economics 2002
10
23. “Behind the Border” Regulations and Trade
Grossman and Lai, “International Protection of Intellectual Property,” AER 2004
Ganslandt and Maskus, “Vertical Distribution, Parallel Trade, and Price Divergence
in Integrated Markets,” European Economic Review 2007
Ivus, “Do Stronger Patent Rights Raise High-Tech Exports to the Developing
World?” JIE 2010
Chen and Mattoo, “Regionalism in Standards: Good or Bad for Trade?” Canadian
Journal of Economics 2008
24. Empirics of WTO and Regional Trade Agreements
Rose, “Do We Really Know that the WTO Increases Trade?” AER 2004
Subramanian and Wei, “The WTO Promotes Trade, Strongly but Unevenly,” NBER
working paper 10024, 2003
Broda, Limao and Weinstein, “Optimal Tariffs and Market Power: the Evidence,”
AER 2008
Baier and Bergstrand, “Economic Determinants of Free Trade Agreements,” JIE 2004
Baier and Bergstrand, “Estimating the Effects of Free Trade Agreements on
International Trade Using Matched Econometrics,” JIE 2009
Romalis, “NAFTA’s and CUSFTA’s Impact on International Trade,” REStat 2007
Chen and Joshi, “Third-Country Effects on the Formation of Free Trade
Agreements,” JIE 2010
25. Exchange Rates, Pricing and Trade
Alessandria and Kaboski, “Pricing to Market and the Failure of Absolute PPP,” AER:
Macroeconomics 2011
Atkeson and Burstein, “Pricing to Market, Trade Costs, and International Relative
Prices,” AER 2008
Feenstra, “Symmetric Pass-Through of Tariffs and Exchange Rates under Imperfect
Competition: An Empirical Test,” JIE 1989
11
Fly UP