Online Summer School on International Trade and Gravity Models University of Surrey

Overview

What you will learn

The first two days of the Online Summer School on International Trade and Gravity Models at the University of Surrey will introduce the theoretical background of the gravity equation, its main applications for economic policy, and the challenges faced in the estimation of the gravity equation using international trade data.

Students will be introduced to the estimation of gravity models using different econometric approaches, including pseudo-maximum likelihood estimators. This part of course assumes basic knowledge of econometric methods and familiarity with basic Stata commands.

On day three the summer school will consist of three separate two-hour sessions on topics that will expand on issues related to international trade flows beyond the standard gravity equation approach.

These include the impacts of income on international trade flows and main features of North-North trade versus North-South trade; the economics of Brexit, both from a short-run and long-run perspective; and economic warfare in the context of trade negotiations between symmetric and asymmetric trade partners.