This lecture covers advanced topics in international economics with a special emphasis on quantitative techniques employed ininternational trade. This course is divided into two main components: the first part introduces important concepts and provides the therotetical foundations of the structural gravity equation. The second part deals with partial and general equilibrium trade policy analysis with structural gravity
Grades are based a tutorial exam (50%) and a final exam (50%).
Main textbook and additional readings
- Head K. and T. Mayer, 2014. "Gravity Equations: Workhorse,Toolkit, and Cookbook", Handbook of International Economics, 4th ed, 4:131-195.
- Gravity Cookbook website
- Costinot, A., and A. Rodríguez-Clare, 2014. "Trade Theory with Numbers: Quantifying the Consequences of Globalization", Handbook of International Economics, 4th ed, 4:131-195.
- Yotov, Y. V., Piermartini, R., Monteiro, J. A., & Larch, M. (2016). An advanced guide to trade policy analysis: The structural gravity model. Geneva: World Trade Organization.
1. Basic Concepts – Print
2. Estimating Structural Gravity: Challenges, Solutions, and Applications – Print
3. General Equilibrium Analysis with the Gravity Model. Theory and Applications – Print