Advanced international trade
- A.A. 2020/2021
- CFU 9
- Ore 60
- Classe di laurea LM-77
Microeconomics, macroeconomics, calculus and statistics.
The course will focus on the interplay between demographic events and the economy, using empirical analysis.
This course will introduce the students to the basis of economic demography, in its interplay with trade and migration flows concentrating on measurement, data collection and manipulation, description and visualisation of demographic phenomena, their changes and their economic consequences.
Some inferential statistical techniques will be presented at the end of the course and a special focus on the gravity model of trade and migration.
Examples will be drawn from the demography of industrialized countries and less developed economies, from political science, and sociology, and replication exercises will be discussed in class and implemented by the participants. The course has a hands-on character and the class will apply the concepts presented by the instructor using R libraries and RStudio.
Part A
- Population dynamics
- Demographic measures
- World Population Prospects
- Exponential growth
- Optimal population growth
- Malthus
- Solow
- Inequality
- Malthus heritage
- Migration
- General consequences of migration
- General consequences of international trade
- The gravity model: theory
- The gravity model: empirics
Part B
A review of the data types analyzed in international economics
Analysis and data transformations
Univariate analysis and description of the characteristics of the distribution
Bivariate analysis: Correlation
Multivariate analysis: conditional correlation
Multivariate multilevel analysis: dummy variables
Model of causal regression
Analysis with panel data
In the March 8th week some classes will be devoted to the analysis of gender issues related to international economics.
- 1. (A) John R. Weeks Population. An Introduction to Concepts and Issues Thompson Press, Belmont, US., 2008
- 2. (A) Kosuke Imai Quantitative Social Science. An Introduction Princeton University Press, Princeton, US, 2017
- 3. (C) John Fox Introduction to Applied Regression Analysis Cambridge University Press, Cambridge, 2011
- 4. (C) Elhanan Helpman Understanding Global Trade MIT Press, New York, 2010
The course is highly interactive and many online resources will be used, depending on the modality of this year teaching.
- Lectures and Lab exercises with R statistical language.
- Multiple-choice written exam.
The test is composed of 21 questions, each including 4 answers. Only one answer is correct. Every correct answer worth 1.5 points.
Extra 1 or 2 points can be added handing in the all home works associated with the data analysis lab.
Inglese (una parte della bibliografia è in lingua)
inglese