The Center for Positive/Empirical Analysis of Political Economy of the Top Global University Project invite Prof. Pol Antras from Harvard University.
Prof. Antras is a leading expert in international trade research and has published many papers in top journals such as Econometrica, Quarterly Journal of Economics, ournal of Political Economy, He served as the editor of Quarterly Journal of Economics and his contribution to the academic community is very big. Also, in this visit to Japan, he will give a lecture for undergraduates and graduate students in the morning of the workshop day, focusing on training young researchers.
【Date】December 13 (Thu), 2018, 13：00～14：40
【Venue】Room #710 on the 7th floor, Building #3 (Waseda Campus)
Open to students, faculty members, and the general public
【Registration】Free of charge. Please come to the event venue directly.
【Speaker】Pol Antras （Professor, Harvard University）
【Title】“On the Geography of Global Value Chains”
This paper develops a multi-stage general-equilibrium model of global value chains (GVCs) and studies the specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of production of a given stage in a GVC is not only a function of the marginal cost at which that stage can be produced in a given country, but is also shaped by the proximity of that location to the precedent and the subsequent desired locations of production.
We show that, other things equal, it is optimal to locate relatively downstream stages of production in relatively central locations. We also develop and estimate a tractable, quantifiable version of our model that illustrates how changes in trade costs affect the extent to which various countries participate in domestic, regional or global value chains, and traces the real income consequences of these changes.
【Hosted by】Top Global University project, Center for Positive/Empirical Analysis of Political Economy, Waseda University
【Organizer】Yukiko Saito, Faculty of Political Science and Economics, Waseda University, [email protected]