2. Professors
  3. FERRAGINA Anna Maria
  4. Teaching

TRADE AND INTERNATIONAL FIRM DEVELOPMENT

Anna Maria FERRAGINA TRADE AND INTERNATIONAL FIRM DEVELOPMENT

0222210019
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
EQF7
ECONOMICS
2020/2021

OBBLIGATORIO
YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2018
SECONDO SEMESTRE
CFUHOURSACTIVITY
1060LESSONS
ANNA MARIA FERRAGINA T Curriculum
Objectives
THE COURSE (IN ENGLISH) AIMS TO PROVIDE THE ESSENTIAL ANALYTICAL TOOLS TO EXAMINE SPECIFIC ISSUES OF INTERNATIONAL TRADE AND REAL ECONOMIC INTEGRATION. THE PROGRAM IS A COMBINATION OF THE ANALYSIS OF INTERNATIONAL TRADE THEORY AND SPECIFIC CASE STUDIES IN AN ANALYTICAL FRAMEWORK THAT ENHANCES THE LINKS BETWEEN INTERNATIONAL TRADE, FACTOR MOBILITY AND POLICIES. THE CASE STUDIES AND THE APPLIED ANALYSIS PROVIDE A PICTURE OF THE MOST RECENT LITERATURE ON THE TOPIC OF THE INTERNATIONALIZATION OF COMPANIES, TREATING EUROPE, AND ITALY IN PARTICULAR, AS A CASE STUDY.

KNOWLEDGE AND UNDERSTANDING:
KNOWLEDGE OF MICRO- AND MACRO-ECONOMIC THEORIES OF TRADE, OF THEORIES ON REGIONAL INTEGRATION, OF FACTOR MOBILITY, OF THE LOCATION OF COMPANIES AND OF COMPETITION.
UNDERSTANDING OF THE PROCESS OF REAL INTERNATIONAL INTEGRATION OF THE MARKETS, OF THE FORMS OF EXCHANGE LINKED TO OUTSOURCING AND OFFSHORING, OF THE ROLE OF MULTINATIONAL COMPANIES, OF THE INTERNATIONALIZATION OF COMPANIES.
ABILITY TO APPLY KNOWLEDGE AND UNDERSTANDING:
APPLICATION OF THEORIES ON COMMERCIAL AND PRODUCTIVE INTEGRATION FOR THE ANALYSIS OF THE CURRENT SITUATION / FUTURE PERSPECTIVE OF INTERNATIONAL INTEGRATION PROCESSES.
ABILITY TO DISCUSS AND EVALUATE PATHS OF INTERNATIONALIZATION OF COMPANIES, CHANGE OF THE DIVISION OF LABOR AT INTERNATIONAL LEVEL AND INTEGRATION OF ECONOMIES IN THE GLOBAL VALUE CHAIN.
ABILITY TO INDEPENDENTLY ACQUIRE AND SELECTIVELY EVALUATE INFORMATION RELATED TO POLICIES TO SUPPORT THE DEVELOPMENT AND INTERNATIONALIZATION OF PRODUCTION SYSTEMS.
Prerequisites
THE ATTENDANCE OF THE COURSE ENTAILS A SPECIFIC BACKGROUND KNOWLEDGE OF INTERNATIONAL ECONOMICS, MICRO, MACROECONOMICS AND MATH AND STATISTICS. A GOOD KNOWLEDGE OF ENGLISH IS ALSO REQUIRED AS MOST OF THE STUDY MATERIAL IS IN ENGLISH.
Contents
TOPICS MODULO 1:

* TRADE AND INTERNATIONAL ECONOMIC INTEGRATION: THE NEW NEW TRADE THEORIES;
*GRAVITY MODELS;
*FIRM HETEROGENEITY
* TRADE INTEGRATION AND INTERNATIONAL PRODUCTION FRAGMENTATION: THE GOOD AND SERVICES OUTSOURCING AND THE GLOBAL VALUE CHAINS
* CAPITAL INTERNATIONAL MOBILITY
* IMPACT OF FDI ON HOST AND DESTINATION COUNTRIES
* POLICIES FOR INTERNATIONALISATION AND FDI ATTRCATION
*ECONOMIC GEOGRAPHY, FDI AND SPATIAL AGGLOMERATION


TOPICS MODULE 2


MODULE 2 IS BASED ON SEMINARS ON RELEVANT ISSUES FOR THE THEORETICAL AND POLITICAL DEBATE:
1) GLOBALIZATION, GLOBAL VALUE CHAINS; 2) FIRM HETEROGENEITY; 3) FDI AND THE ROLE OF MNES.4) GLOBALISATION AND MIGRATION FLOWS; 5) TRADE AND INNOVATION; 6) FDI AND AGGLOMERATION ECONOMIES. 7) THE ITALIAN INDUSTRIAL SYSTEM BETWEEN GLOBALIZATION AND CRISIS.
Teaching Methods
LECTURES: ANALYSIS AND DISCUSSION OF THEORETICAL MODELS
TUTORIALS: APPLICATIONS AND CASE STUDIES
SEMINARS AND DISCUSSION WITH ACTIVE PARTICIPATION OF STUDENTS
ESSAY WITH PRESENTATION
ORAL EXAM

LECTURES – N° 40 HOURS
SEMINARS AND LAB – N° 20 HOURS

ATTENDANCE IS NOT COMPULSORY BUT STRONGLY RECOMMENDED
Verification of learning
FINAL ASSESSMENT:
THE ASSESSMENT IS BASED ON AN ORAL EXAMINATION AND ON A PRESENTATION AND AN ESSAY DURING THE COURSE ON A SPECIFIC TOPIC BASED ON A LIST OF ARTICLES WHICH IS PROVIDED EVERY YEAR AT THE BEGINNING OF THE COURSE. THIS ADDITIONAL MATERIAL IS PROVIDED AT THE STUDENTS DURING THE COURSE.



Texts
REQUIRED TEXTBOOK MATERIAL:

•FEENSTRA, R.C., A. M. TAYLOR, INTERNATIONAL TRADE (INGLESE), MIT PRESS, 2017, CHAPTERS 1-7.
•KRUGMAN P.R., OBSTFELD M., AND M.J. MELITZ INTERNATIONAL TRADE THEORY AND POLICY, NINTH EDITION, PEARSON/ADDISON WESLEY, BOSTON, 2012, CHAPTER 8.
•BARBA NAVARETTI, G., A. VENABLES, MULTINATIONAL FIRMS IN THE WORLD ECONOMY, PRINCETON UNIVERSITY PRESS, 2004, CHAPTERS 1-7.
LIST OF READINGS:
TRADE, FDI AND GLOBAL VALUE CHAINS: THEORY
•RICHARD BALDWIN & JAVIER LOPEZ-GONZALEZ, 2013. "SUPPLY-CHAIN TRADE: A PORTRAIT OF GLOBAL PATTERNS AND SEVERAL TESTABLE HYPOTHESES," NBER WORKING PAPERS 18957, NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
•GENE M GROSSMAN, ESTEBAN ROSSI-HANSBERG. (2009) TRADING TASKS: A SIMPLE THEORY OF OFFSHORING. AMERICAN ECONOMIC REVIEW 98, 5, 1978-1997.
•GROSSMAN, G. AND ROSSI-HANSBERG, E. (2006), “THE RISE OF OFFSHORING: IT IS NOT WINE FOR CLOTH ANYMORE”, PAPER PRESENTED AT KANSAS FED’S JACKSON HOLE CONFERENCE FOR CENTRAL BANKERS, HTTP:/WWW.KC.FRB.ORG/
TRADE, FDI AND GLOBAL VALUE CHAINS: EVIDENCE
•THE WORLD DEVELOPMENT REPORT (WDR) 2020: TRADING FOR DEVELOPMENT IN THE AGE OF GLOBAL VALUE CHAINS
•TAGLIONI, DARIA; WINKLER, DEBORAH. 2016. MAKING GLOBAL VALUE CHAINS WORK FOR DEVELOPMENT. TRADE AND DEVELOPMENT;.
•GLOBALIZATION IN TRANSITION: THE FUTURE OF TRADE AND VALUE CHAINS, MC KINSEY, JANUARY 2019
•TOSHIHIRO OKUBO & RICHARD BALDWIN, 2019. "GVC JOURNEYS: INDUSTRIALISATION AND DEINDUSTRIALISATION IN THE AGE OF THE SECOND UNBUNDLING," KEIO-IES DISCUSSION PAPER SERIES 2019-003, INSTITUTE FOR ECONOMICS STUDIES, KEIO UNIVERSITY.
EU AND ITALIAN COMPETITIVENESS:
•EUROPEAN PRODUCTIVITY, INNOVATION AND COMPETITIVENESS: THE CASE OF ITALY , PREPARED BY ANDREW TIFFIN, IMF WP, MAY 2014 .
•FROM SICK MAN OF EUROPE TO ECONOMIC SUPERSTAR: GERMANY’S RESURGENT ECONOMY CHRISTIAN , BERND FITZENBERGER , UTA SCHÖNBERG , ALEXANDRA SPITZ-OENER, JOURNAL OF ECONOMIC PERSPECTIVES, 2014, PAGES 167–188.
•MARIN ET AL, 2015 EUROPE’S EXPORTS SUPERSTAR – IT’S THE ORGANISATION!, BRUEGEL WP
•BUGAMELLI M., F. LOTTI (EDS.), M. AMICI, E. CIAPANNA, F. COLONNA, F. D’AMURI, S. GIACOMELLI, A. LINARELLO, F. MANARESI, G. PALUMBO, F. SCOCCIANTI E E. SETTE (2018),” PRODUCTIVITY GROWTH IN ITALY: A TALE OF A SLOW-MOTION CHANGE”, BANCA D’ITALIA QUESTIONI DI ECONOMIA E FINANZA, N. 422, GENNAIO.
•CALLIGARIS S., M. DEL GATTO, F. HASSAN, G.I.P. OTTAVIANO E F. SCHIVARDI (2016), “ITALY’S PRODUCTIVITY CONUNDRUM - A STUDY ON RESOURCE MISALLOCATION IN ITALY”, EC DISCUSSION PAPER, N. 30, MAGGIO.
•MATTEO BUGAMELLI ET AL., 2018. "BACK ON TRACK? A MACRO–MICRO NARRATIVE OF ITALIAN EXPORTS," ITALIAN ECONOMIC JOURNAL, VOL. 4(1), PAGES 1-31, MARCH.
•MAYER T., OTTAVIANO G., (2007) “THE HAPPY FEW: NEW FACTS ON THE EUROPEAN FIRMS”, BLUEPRINT 3, BRUEGEL.
MIGRATION:
•DOCQUIER, F., Z. KONE, A. MATTOO, C. OZDEN (2019). LABOR MARKET EFFECTS OF DEMOGRAPHIC SHIFTS AND LABOR MOBILITY IN OECD COUNTRIES. EUROPEAN ECONOMIC REVIEW, 113, 297-324.
•DELOGU, M., F. DOCQUIER, J. MACHADO (2018). GLOBALIZING LABOR AND THE WORLD ECONOMY: THE ROLE OF HUMAN CAPITAL. JOURNAL OF ECONOMIC GROWTH, 23(2), 223-258.
•KEVIN O' ROURKE "THE ERA OF FREE MIGRATION: LESSONS FOR TODAY" HTTP://WWW.TCD.IE/ECONOMICS/TEP/2003_PAPERS/TEPNO15KOR23.PDF
•SIMON COMMANDER ET AL.: "THE BRAIN DRAIN: CURSE OR BOON?"FTP://REPEC.IZA.ORG/REPEC/DISCUSSIONPAPER/DP809.PDF
•MAURICE SCHIFF: "BRAIN GAIN: CLAIMS ABOUT ITS SIZE AND IMPACT ON WELFARE AND GROWTH ARE GREATLY EXAGGERATED",FTP://REPEC.IZA.ORG/REPEC/DISCUSSIONPAPER/DP1599.PDFFDI
FDI:
JONATHAN JONES (2016), AGGLOMERATION ECONOMIES AND THE LOCATION OF FOREIGN DIRECT INVESTMENT: A META-ANALYSIS, JOURNAL OF REGIONAL SCIENCE, DOI: 10.1111/JORS.12335.
More Information
THE COURSE WILL BE HELD IN ENGLISH, SLIDES, TEXTBOOK AND READING LIST WILL BE IN ENGLISH.

TRAINING MATERIALS WILL BE AVAILABLE ON-LINE
  BETA VERSION Data source ESSE3 [Ultima Sincronizzazione: 2022-05-23]