International Trade

Advanced International Trade 

Maria Bas

maria.bas @ univ-paris1.fr (maria.bas @ univ-paris1.fr)

Lesson 1: Firms in international trade

• The characteristics of internationalized firms
• Exporter premia
• Importer premia
• Determinants of firms’ export decision Export and firm productivity
• Export and credit constraints

Lesson 2: Import decision

• Determinants of firms’ import decision
• Sourcing importing inputs and firm performance
• Import and credit constraints

Lesson 3: Firms reaction to foreign shocks

• How firms react to foreign shocks? Do all firms react in the same way?
• The heterogeneous effects of the global crisis 2008-2009 on firms’ export patterns
• The effect of the COVID-shock on international trade.

Lesson 4: The effects of Real Exchange Rate shocks

• The heterogeneous reaction of exporters to RER
• Macro puzzle: a low real exchange rate RER pass-through to aggregate exports
• Possible explanation:
  High performing firms are those that explain most of aggregate trade flows

Evaluation
Average of two grades:

(1) Presentation of a critical summary of a paper

(2) Final oral exam on the last lesson.

Suggested readings:

Bernard, A., Jensen, J.B., Redding, S. and P. Schott (2007), firms in In- ternational Trade, Journal of Economic Perspectives.

Bernard, Andrew B., and J. Bradford Jensen, 1999, Exceptional Exporter Performance: cause, effect, or both? Journal of International Economics, 47(1): 125.

Goldberg, P., Khandelwal, A, Pavcnik, N. and P. Topalova Imported In- termediate Inputs and Domestic Product Growth: Evidence from India, Quarterly Journal of Economics 125(4) 2010, pp. 1727-1767.

Bas, M. and Berthou, A. (2015) ”Does Input-trade Liberalization Affect Firms’ Foreign Technology Choice?”, World Bank Economic Review.

Bricongne, Fontagne, Gaulier, Taglioni and Vicard, Firms and the global crisis: French exports in the turmoil, Journal of International Economics Volume 87, Issue 1, May 2012, Pages 134-146.

Bas, Fernandes and Paunov (2021) ”How resilient was trade to COVID-19? ”, mimeo

Berman, N., Martin, P. and T. Mayer 2011. How do Different Exporters Re- act to Exchange Rate Changes?, Quarterly Journal of Economics 127(1):437 4493.