Data-driven trade analysis

Aims of the course

- Provide hands-on experience in data-driven trade analysis .
- Impart framework for handling large volumes of data, recognize and explain patterns in data.
- Develop the competencies for a critical evaluation of global economic issue.
- Familiarize students with recent developments in the field of trade and policy, including the most recent contributions dealing with the topical issues of global economy
- Provide students with contemporary tools for the analysis of the main issues in global economy.
- Secure students’ understanding of effects and causes behind complex global processes.
- Help build students’ competencies to address the challenges that globalization raises for individuals, businesses, nations, and the world economy.

Course syllabus

Econometric analysis on firm-level data:
database formation, empirical model specification, estimation, discussion of results

Related to the following topics:

1. Firm Heterogeneity and International Trade: trade liberalization and intra-industry reallocations, selection process, comparative advantages and heterogeneous firms
2. Exporters’ Behaviour in Global Markets: export diversification, product-market mix dynamics, exporting and firm performance
3. Multinational Firms, Global Value Chains, and Incomplete Contracts: global sourcing models, firm boundaries, integration vs. outsourcing, sequential value chains and upstreamness, contract enforcement and intellectual property rights protection, empirical approaches
4. Trade in Services: services in GVCs, World Input-Output Database analytics
5. Economic Geography: location, production networks, spatial and urban economies, regional development
6. Gravity in Trade: proper specification of gravity model, the intensive and extensive margins, border puzzle, information frictions in trade, application: measuring trade effects of free trade agreements
7. Trade and Labour Market: migration and wage inequality, trade and income inequalities, costs of redistribution, labour market polarization
8. Trade, Growth and Institutions in Global Markets: trade and growth causalities, technology diffusion, trade and institutional change
9. Granularity: impact of firm-level hubs on the propagation of trade shocks and aggregate output fluctuations
10. Globalization and Trade Policy, Economic Integration Processes and New Global Economic Order
11. Innovation, Imitation &Technology Diffusion: measurement, theory, empirics and policy

Course director(s)