ONLINE: International Friends and Enemies
01.03.2021 16:00 – 17:15
GENEVA TRADE AND DEVELOPMENT WORKSHOP / ABSTRACT
Joint with Benny Kleinman and Ernest Liu
Abstract:
We develop sufficient statistics of countries' bilateral income and welfare exposure to foreign productivity shocks that are exact for small shocks in the class of models with a constant trade elasticity. For large shocks, we characterize the quality of the approximation, and show it to be almost exact. We compute these sufficient statistics for over 140 countries from 1970-2012. We show that our exposure measures depend on market-size, cross-substitution and cost of living effects. As countries become greater economic friends in terms of welfare exposure, they become greater political friends in terms of United Nations voting and strategic rivalries
Lieu
Bâtiment: IHEID
Webinar GTDW
Organisé par
Faculté d'économie et de managementInstitute of Economics and Econometrics
Intervenant-e-s
Dave Donaldson , MIT and CEPRentrée libre
Classement
Catégorie: Séminaire
Inscription
Date limite d'inscription: 26.02.2021
Registration
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