Gianmarco Ottaviano CV
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Innovation, Firm Size, Productivity and Imbalances in the Age of De-Globalization
CompNet 13th Annual Conference Innovation, firm size, productivity and imbalances in the age of de-globalization _____________ Thursday, 29 and Friday, 30 June 2017 European Commission, Brussels Thursday, 29 June 2017 08:00 Registration and coffee 09:00 Welcome address Marco Buti, European Commission Director-General for Economic and Financial Affairs 09:15 Keynote Speech Marc Melitz, Harvard University 10:00 Session 1 Trade and Productivity (Chair TBD) External Imbalances, Exchange Rate Regime and Firm Dynamics Masashige Hamano, Waseda University and Francesco Pappadá, Banque de France 10:30 Coffee break 10:45 Margins of Trade: CEE Firms Before, During and After the Turmoil Romain Duval, Kamil Galuščák, Czech National Bank, Jan Hagemejer (NBP), Tibor Lalinský (NBS), Ivan Sutóris (ČNB) 11:15 Import Competition and Productivity of Multi-Product Firms Richard Bräuer, Halle Institute for Economic Research; Matthias Mertens; Halle Institute for Economic Research and Viktor Slavtchev; Halle Institute for Economic Research 11:45 Panel Discussion Marc Melitz, Harvard University; Gianmarco Ottaviano, London School of Economics and Political Science 12:30 Lunch 14:00 Keynote Speech Chad Syverson, Chicago Booth 14:45 Session 2: Financial Frictions and Productivity (Chair TBD) Credit Constraints and Firm Productivity: New Evidence from Matched Bank-Firm Data Francesco Manaresi, Bank of Italy and Nicola Perri, Stanford University Financial Frictions and the Great Productivity Slowdown Romain Duval, IMF; Gee Hee Hong, IMF and Yannic Timmer, Trinity -
Misfits in the Car Industry: Offshore Assembly Decisions at the Variety Level
NBER WORKING PAPER SERIES MISFITS IN THE CAR INDUSTRY: OFFSHORE ASSEMBLY DECISIONS AT THE VARIETY LEVEL Keith Head Thierry Mayer Working Paper 25614 http://www.nber.org/papers/w25614 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 February 2019 An earlier version of this paper was prepared within the “Value Added in Motion (VAM)” project funded by the Enel Foundation. We thank an anonymous referee, participants at the 2018 TRIO Conference and seminars at LSE, Milan, National Bank of Belgium, Banque de France, and CEPII for their comments and wish to specifically acknowledge helpful suggestions from Robert Owen, Giorgio Barba Navaretti, Kerem Cosar, Peter Morrow, Peter Neary, and Gianmarco Ottaviano. This paper was written partly while Keith Head was a visitor at the Centre for Economic Performance at LSE. This research has received funding from the European Research Council (ERC) under the Grant Agreement No. 313522. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2019 by Keith Head and Thierry Mayer. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Misfits in the Car Industry: Offshore Assembly Decisions at the Variety Level Keith Head and Thierry Mayer NBER Working Paper No. -
Richard Edward Baldwin
Richard Edward Baldwin The Graduate Institute, Geneva Telephone: +41 22 908-5900 Maison de la Paix, room 801 [email protected] 2 Eugène Rigot; CH-1211 Geneva 21- Switzerland @BaldwinRE on Twitter TEACHING POSITIONS Graduate Institute of International and Development Studies, Professor of International Economics, Geneva (1991–). University of Oxford, Visiting Research Professor (2012–2015), Associate Member Nuffield College ((2015–). Massachusetts Institute of Technology, Visiting Professor, Economics Department (Sep 2002–Jan 2003, Sep 98–Feb 99). Columbia University Business School, Associate Professor (1989–1991); Assistant Professor (1986–1989). RESEARCH & ADVISORY POSITIONS Centre for Economic Policy Research (CEPR), London: President (Jun2016–); Director (Jan 2014–Jun 2016); Policy Director (2006–2014); International Trade Programme Director (1991–2001), Research Fellow (1988 –). Member, Academic Advisory Committee, Research Institute of Japan’s Ministry of Economy Trade and Industry (RIETI), Tokyo (2011–). World Economic Forum, Geneva: Member, Global Agenda Council on Trade, World Economic Forum, Geneva (2009– 2016); Member, Stewardship Board for the World Economic Forum’s International Trade and Investment System. VoxEU.org: Founder and Editor–in–Chief (Mar 2006–). National Bureau of Economic Research (NBER), Cambridge: Research Associate, (1996–); Faculty Research Fellow (1987–1996). Peterson Institute for International Economics, Washington: Vice Chair, Advisory Committee, (Apr 2008–2012). European Economic Association: Elected Council Member (1999–2004 and 2006–2011). CEPII, Paris: Scientific Committee member (2005–2007). World Trade Institute, Bern: Chairman of the Foundation Board, (Sep 2003–Aug 2007). Economic Policy: Senior Editor (2014–2015); CoManaging Editor (2000–2006). Group of Economic Analysis for Romano Prodi, President of European Commission, Brussels: member (2001–2003). Scientific Advisory Board, CREI, Pompeu Fabra University, Barcelona: Member (1998–2003). -
Gravity Equations: Workhorse, Toolkit and Cookbook
No 2013 – 27 September CENTRE D’ÉTUDESPROSPECTIVES ETD’INFORMATIONS INTERNATIONALES DOCUMENTDETRAVAIL Gravity Equations: Workhorse,Toolkit, and Cookbook Keith Head and Thierry Mayer CEPII Working Paper Gravity Equations: Workhorse,Toolkit, and Cookbook TABLE OF CONTENTS Highlights and Abstract...........................3 Points clefs et résumé............................4 1. Introduction..............................6 1.1. Gravity features of trade data.....................6 1.2. A brief history of gravity in trade....................8 2. Microfoundations for Gravity Equations................... 11 2.1. Three Definitions of the Gravity Equation................ 11 2.2. Assumptions underlying structural gravity................ 13 2.3. Main variants of gravity for trade.................... 14 2.4. Gravity models beyond trade in goods.................. 23 3. Theory-consistent estimation....................... 23 3.1. Proxies for multilateral resistance terms................. 24 3.2. Iterative structural estimation..................... 24 3.3. Fixed effects estimation........................ 25 3.4. Ratio-type estimation........................ 26 3.5. Other methods........................... 27 3.6. Monte Carlo study of alternative estimators................ 28 3.7. Identification and estimation of country-specific effects........... 31 4. Gravity estimates of policy impacts..................... 33 4.1. Meta-analysis of policy dummies.................... 33 4.2. The elasticity of trade with respect to trade costs.............. 36 4.3. Partial -
Giovanni Peri: CV Updated 23 September 2015 Personal Information
Giovanni Peri: CV Updated 23 September 2015 Personal Information: Born of Claudio Peri and Teresa Bonaccorso in Perugia, Italy. Married to Paola Franceschi; Father of Claudia, Fabio and Dante Citizenship: Italy and U.S.A. Language Spoken: English (Fluent), Italian (Native), Spanish (Basic). __________________________________________________________________________________________ Contact and Main WebPages: Department of Economics University of California Davis One Shields Avenue, Davis, CA 95616 Email: [email protected] Personal Website at UCD: http://www.econ.ucdavis.edu/people/gperi/site Web page at IDEAS: http://ideas.repec.org/f/ppe210.html Web page at NBER: http://www.nber.org/cgi-bin/author_papers.pl?author=giovanni_peri Google Scholar Page: http://scholar.google.com/citations?user=Wn2s2_AAAAAJ&hl=en Ranking Among All Economists: https://ideas.repec.org/top/top.person.all.html Ranking Among Economists of Human Migration: https://ideas.repec.org/top/top.mig.html ___________________________________________________________________________________________ Education: 1998, June: Ph.D. in Economics, University of California, Berkeley 1997, June: Doctoral Degree in Economics, Bocconi University, Milano. 1992, June: Laurea in Economics and Social Sciences (Discipline Economiche e Sociali), Bocconi University, Milano. ___________________________________________________________________________________________ Employment: Permanent Positions: 2015-present Chair, Department of Economics, UC Davis 2011-present: Full Professor, Department of -
Curriculum Vitae De Philippe Martin
Philippe Martin Curriculum vitae Professeur d’économie Sciences Po +33(0)145497629 email: [email protected] web-page: http://econ.sciences-po.fr/staff/philippe-martin Etat civil: né le 18-01-1966, nationalité française Activités principales actuelles : - Professeur à Sciences Po depuis mars 2009 - Research fellow: Centre for Economic Policy Research (CEPR), Londres; Programmes International Macroeconomics et International Trade - Membre du Conseil d’Analyse Economique du Premier ministre Parcours professionnel : - Institut Universitaire des Hautes Etudes Internationales (Université de Genève) : Chargé de cours et de recherche, 1992-1999 - Chercheur associé : CEPII, Paris, 1995-1997 - Chercheur associé, CERAS-ENPC, Paris, depuis 1997 (plein temps 1997-2000) - Professeur à l'Université de Lille1, 2000-2001, agrégé (agrégation 2000 ; rang : second) - Economiste, Research Department, Federal Reserve Bank of New York , 2001-2002 - Professeur chargé de cours à l'Ecole Polytechnique 1999-2006 - Chercheur associé : CERAS unité CNRS, Ecole Nationale des Ponts et Chaussées, depuis 1997, PSE depuis 2005 - Professeur à l’Université de Paris-1 ( CES, unité CNRS), 2002-2009 - Professeur à l’Ecole d’Economie de Paris, Chaire de professeur, 2007-2009 - Membre junior de l’Institut Universitaire de France, 2005-2010 - Co-directeur du programme macroéconomie du CEPREMAP (2005-2010) - Directeur du département d’économie de Sciences Po (2009-2013) Formation - 1988-92, Ph.D., Georgetown University, Washington D.C., économie, 1992. - 1987-88: D.E.A -
Full Issue Download
The Journal of The Journal of Economic Perspectives Economic Perspectives The Journal of Spring 2021, Volume 35, Number 2 Economic Perspectives Symposia European Union Philip R. Lane, “The Resilience of the Euro” Keith Head and Thierry Mayer, “The United States of Europe: A Gravity Model Evaluation of the Four Freedoms” David Dorn and Josef Zweimüller, “Migration and Labor Market Integration in Europe” Florin Bilbiie, Tommaso Monacelli, and Roberto Perotti, “Fiscal Policy in Europe: Controversies over Rules, Mutual Insurance, and Centralization” Preventive Medicine A journal of the Joseph P. Newhouse, “An Ounce of Prevention” American Economic Association Amanda E. Kowalski, “Mammograms and Mortality: How Has the Evidence Evolved?” Spring 2021 Volume 35, Number 2 Spring 2021 Volume Articles M.V. Lee Badgett, Christopher S. Carpenter, and Dario Sansone, “LGBTQ Economics” Nicolás Campos, Eduardo Engel, Ronald D. Fischer, and Alexander Galetovic, “The Ways of Corruption in Infrastructure: Lessons from the Odebrecht Case” Benjamin F. Jones, “The Rise of Research Teams: Benets and Costs in Economics” Feature Timothy Taylor, “Recommendations for Further Reading” Spring 2021 The American Economic Association The Journal of Correspondence relating to advertising, busi- Founded in 1885 ness matters, permission to quote, or change Economic Perspectives of address should be sent to the AEA business EXECUTIVE COMMITTEE office: [email protected]. Street ad- Elected Officers and Members A journal of the American Economic Association dress: American Economic Association, 2014 Broadway, Suite 305, Nashville, TN 37203. For President membership, subscriptions, or complimentary DAVID CARD, University of California, Berkeley Editor access to JEP articles, go to the AEA website: Heidi Williams, Stanford University http://www.aeaweb.org. -
Thierry Mayer
August 9, 2016 Thierry Mayer Professor of Economics Born June 27 1971, Sciences-Po in Boulogne Billancourt (France) Email : [email protected] Professional address Sciences-Po 28, rue des Saints-P`eres 75007 Paris TEL: +33 1 53 68 55 52 HomePage: https://sites.google.com/site/thierrymayer/home Positions Held Professor of Economics at Sciences-Po, Sept. 2009- Consultant at Banque de France, Sept. 2014- Research Fellow at CEPR (International Trade and Regional Economics Programme), Mar. 2009- Scientific Advisor at CEPII, Sept. 2001- Professor of Economics at the University of Paris 1-Paris School of Economics, Sept. 2006-Aug. 2009. Research Affiliate at CEPR (International Trade Programme), Jan. 2002-Feb. 2009. Associate Researcher at PSE, Sept. 2000-Sept. 2006 (coordinator of the international economics / development group 2005-2006) Professor of Economics at the University of Paris Sud, Sept. 2002- Aug. 2006. Visiting Professor at the College of Europe (Bruges), 2004-2006. Associate Professor (Ma^ıtrede conf´erences)at the University of Paris 1 Panth´eonSorbonne, Sept. 2000-Aug. 2002. Education 2002: French national exam for full professorship (Agr´egationde l'enseignement sup´erieuren sci- ences ´economiques). Rank: 1. 1996/1999: PhD : \Comportements strat´egiques de localisation des firmes multinationales" (Strate- gic Location Choices by Multinational Firms) supervised by Pr. Jean-Louis Mucchielli. De- fense held in the University of Paris I, January 6 2000. Members of the Jury: Rodolphe Dos Santos Ferreira, Lionel Fontagn´e,Didier Laussel, Pierre Morin, Leo Sleuwaegen, Jacques Thisse. 1 Awards 2012: Principal Investigator of the ERC grant HETMAT (Heterogeneity that Matters for Trade and Welfare, (FP7 Grant Agreement no. -
2010 Reading List
ECO572 - International Economics - 2010 Reading List Agnès Bénassy-Quéré, Benoît Coeuré ECO572 - INTERNATIONAL ECONOMICS - 2010 READING LIST TEXTBOOKS Lessons 1 to 3: International trade Paul Krugman and Maurice Obstfeld, International Economics: Theory and Policy, Addison Wesley, 2009, Part 1 and Part 2. Traduction/adaptation française par G. Capelle- Blancard et Matthieu Crozet : Economie internationale, Pearson Education, 2009. Thierry Mayer et Jean-Louis Mucchielli, Economie internationale, éd. Dalloz, 2005, parties 1, 2 et 4. Lesson 4: Economic geography Richard Baldwin, Rikard Forslid, Philippe Martin, Gianmarco Ottaviano, Fréderic Robert-Nicoud, Economic Geography and Public Policy, Princeton University Press, 2005 Pierre-Philippe Combes, Thierry Mayer et Jacques-François Thisse, Economie géographique, éd. Economica, 2006. Economic Geography, Princeton University Press, 2008. Thierry Mayer et Jean-Louis Mucchielli, Economie internationale, éd. Dalloz, 2005, partie 3. Lessons 5 to 9: Exchange rate and international finance Paul Krugman and Maurice Obstfeld, International Economics: Theory and Policy, Addison Wesley, 2009, Part 3 and Part 4. Traduction/adaptation française par G. Capelle- Blancard et Matthieu Crozet : Economie internationale, Pearson Education, 2009. Maurice Obstfeld and Kenneth Rogoff, Foundations of International Economics, MIT Press, 1996. Asbjørn Rødseth: Open Economy Macroeconomics, Cambridge University Press, 2000. Mark Taylor and Lucio Sarno, The Economics of Exchange Rates, Cambridge University Press, 2003. ECO572 - International Economics - 2010 Reading List REFERENCE ARTICLES Lesson 3 Paul Krugman (1979) “Increasing Returns, Monopolistic Competition, and International Trade”, Journal of International Economics, 9, pp. 469–479. Paul Krugman (1980), “Scale Economies, Product Differentiation and the Pattern of Trade,” American Economic Review, 70, pp. 950-959. Marc Melitz (2003), “The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity,” Econometrica, 71 (6), pp. -
Market Size, Competition, and the Product Mix of Exporters
American Economic Review 2014, 104(2): 495–536 http://dx.doi.org/10.1257/aer.104.2.495 Market Size, Competition, and the Product Mix of Exporters† By Thierry Mayer, Marc J. Melitz, and Gianmarco I. P. Ottaviano* We build a theoretical model of multi-product firms that highlights how competition across market destinations affects both a firm’s exported product range and product mix. We show how tougher competition in an export market induces a firm to skew its export sales toward its best performing products. We find very strong confirmation of this competitive effect for French exporters across export market destinations. Theoretically, this within-firm change in product mix driven by the trading environment has important repercussions on firm productivity. A calibrated fit to our theoretical model reveals that these productivity effects are potentially quite large. JEL D21, D24, F13, F14, F41, L11 ( ) Exports by multi-product firms dominate world trade flows. Variations in these trade flows across destinations reflect in part the decisions by multi-product firms to vary the range of their exported products across destinations with different mar- ket conditions.1 In this paper, we further analyze the effects of those export market conditions on the relative export sales of those goods: we refer to this as the firm’s product mix choice. We build a theoretical model of multi-product firms that high- lights how market size and geography the market sizes of, and bilateral economic ( distances to, trading partners affect both a firm’s exported product range and its ) exported product mix across market destinations. -
The Buyer Margins of Firms' Exportswe Thank Alejandro Graziano for Excellent Research Assistance. We Are Grateful to Antonio
DISCUSSION PAPER SERIES No. 9584 THE BUYER MARGINS OF FIRMS' EXPORTS Jerónimo Carballo, Gianmarco Ottaviano and Christian Volpe Martincus INTERNATIONAL TRADE AND REGIONAL ECONOMICS ABCD www.cepr.org Available online at: www.cepr.org/pubs/dps/DP9584.php www.ssrn.com/xxx/xxx/xxx ISSN 0265-8003 THE BUYER MARGINS OF FIRMS' EXPORTS Jerónimo Carballo, University of Maryland Gianmarco Ottaviano, LSE, Bocconi University and CEPR Christian Volpe Martincus, Inter-American Development Bank Discussion Paper No. 9584 August 2013 Centre for Economic Policy Research 77 Bastwick Street, London EC1V 3PZ, UK Tel: (44 20) 7183 8801, Fax: (44 20) 7183 8820 Email: [email protected], Website: www.cepr.org This Discussion Paper is issued under the auspices of the Centre’s research programme in INTERNATIONAL TRADE AND REGIONAL ECONOMICS. Any opinions expressed here are those of the author(s) and not those of the Centre for Economic Policy Research. Research disseminated by CEPR may include views on policy, but the Centre itself takes no institutional policy positions. The Centre for Economic Policy Research was established in 1983 as an educational charity, to promote independent analysis and public discussion of open economies and the relations among them. It is pluralist and non- partisan, bringing economic research to bear on the analysis of medium- and long-run policy questions. These Discussion Papers often represent preliminary or incomplete work, circulated to encourage discussion and comment. Citation and use of such a paper should take account of its provisional character. Copyright: Jerónimo Carballo, Gianmarco Ottaviano and Christian Volpe Martincus CEPR Discussion Paper No. 9584 August 2013 ABSTRACT The Buyer Margins of Firms' Exports* We use highly disaggregated firm-level export data from Costa Rica, Ecuador, and Uruguay over the period 2005-2008 to provide a precise characterization of firms' export margins, across products, destination countries, and crucially customers. -
Richard Edward Baldwin
Richard Edward Baldwin The Graduate Institute, Geneva Telephone: +41 22 908-5900 Maison de la Paix, room 801 [email protected] 2 Eugène Rigot; CH-1211 Geneva 21- Switzerland @BaldwinRE on Twitter ACADEMIC POSITIONS Graduate Institute of International and Development Studies, Professor of International Economics, Geneva (1991–). University of Oxford, Visiting Research Professor (2012–2015), Associate Member Nuffield College (2015–2019). Massachusetts Institute of Technology, Visiting Professor, Economics Department (Sep 2002–Jan 2003, Sep 98–Feb 99). Columbia University Business School, Associate Professor (1989–1991); Assistant Professor (1986–1989). RESEARCH & ADVISORY POSITIONS Centre for Economic Policy Research (CEPR), London: President (Jun2016–Jul2018); Director (Jan 2014–Jun 2016); Policy Director (2006–2014); International Trade Programme Director (1991–2001), Research Fellow (1988–). Member, Academic Advisory Committee, Research Institute of Japan’s Ministry of Economy Trade and Industry (RIETI), Tokyo (2011–). World Economic Forum: Member of Stewardship Board, International Trade and Investment System (2016–); Member of Global Agenda Council on Trade and Investment (2009–2016). VoxEU.org: Founder and Editor–in–Chief (Mar 2006–). National Bureau of Economic Research (NBER), Cambridge: Research Associate, (1996–); Faculty Research Fellow (1987–1996). Keio University, Center for International Economics, External Research Fellow (2018-). Peterson Institute for International Economics, Washington: Vice Chair, Advisory Committee, (Apr 2008–2012). European Economic Association: Elected Council Member (1999–2004 and 2006–2011). CEPII, Paris: Scientific Committee member (2005–2007). World Trade Institute, Bern: Chairman of the Foundation Board, (Sep 2003–Aug 2007). Economic Policy: Senior Editor (2014–2015); CoManaging Editor (2000–2006). Group of Economic Analysis for Romano Prodi, President of European Commission, Brussels: member (2001–2003).