Regular fees: 500 CHF
International Fees : 500 CHF
The objective of this course is to serve as a practical guide for trade policy analysis with the gravity model offering a balanced approach between trade theory and econmetrics.
We will discuss recent developments in the economic foundation of gravity models and describe best practices for quantifying the general equilibrium impact of changes in trade
barriers and, especially, trade policies.
The course is organized in three modules. Module A concentrates on recent contributions from trade theory that motivate gravity models and form the basis of policy trade policy analysis. The second module will take a closer look at the econometric issues of the estimation of gravity models and of performing policy simulations. Starting point is the econometric literature on high-dimensional non-linear panel models and the implementations in Stata. Lastly, there will be lab sessions, where applications in Stata will be discussed and important applied work published in refereed journals will be replicated. Find more details in the course flyer.
**This course is planned to be offered on site, but depending on the situation in September, it may be offered via Zoom instead.