First lecture for International Trade

by on August 22, 2013 at 6:07 am in Economics, Education | Permalink

You don’t need to start early, but here is the first reading assignment for International Trade:

Bernhofen, Daniel and John C. Brown. 2005. “An Empirical Assessment of the Comparative Advantage Gains from Trade: Evidence from Japan.” American Economic Review.

Autor, David H. David Dorn and Gordon H. Hanson. 2013. “Untangling Trade and Technology: Evidence from Local Labor Markets.” NBER Working Paper.

Acemoglu, Daron, David Autor, David Dorn, and Gordon H. Hanson. 2013. “Import Competition and the Great US Employment Sag of the 2000s.” NBER Working Paper.

Feenstra, Robert C. 2008. “Offshoring in the Global Economy.” Ohlin Lecture Series, pp.1-47 only.

Grossman, Gene M. and Esteban Rossi-Hansberg. 2006. “The Rise of Offshoring: It’s Not Wine for Cloth Anymore.” Federal Reserve Bank of Kansas City.

Also watch the two videos on comparative advantage at MRUniversity.com, and the video Sources of Comparative Advantage, they are located in the class on development economics.

RR August 22, 2013 at 9:39 am
AC August 22, 2013 at 10:35 am

As an enthusiast with a BS in the field (but without the intent of attending an MA or PhD program), reading lists compiling top papers/top authors are always much-appreciated.

Thanks!

RP August 22, 2013 at 11:41 am

Thanks to RR for providing links for the lazy/time-pressed. I also appreciate reading lists curated by an expert, on any subject.

Thorstein Veblen August 23, 2013 at 1:31 am

The link for the Acemoglu/Autor/Dorn/Hanson paper doesn’t seem to be working… Strangely, it’s not all over google either. Can others access?

Bryan August 23, 2013 at 2:29 pm

I’m going from memory and may be wrong — I reiterate, my memory may be wrong — but I think the “Employment Sag” paper basically says “if someone in China can make widgets more cheaply than in the United States, there will be fewer widget-making jobs in the United States, and since U.S. widget-makers will have less money to spend on inputs, fewer jobs elsewhere too.” If I’m correct then the paper’s conclusions are at best incomplete, because they measure the destructive effects but ignore the resulting creative effects, which I won’t bother explaining here. By the way, industrial production and real manufacturing value added in the United States have increased a bunch since 2000.

Thorstein Veblen August 23, 2013 at 3:06 pm

@Brian — only, IP and real manufacturing value added have increased much more slowly than they did historically…

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