SIRE workshop on "Theory and Estimation of Gravity Equations"

Issued: Thu, 09 May 2013 16:31:00 BST

 

On the 17th July 2013, the Adam Smith Business School and Strathclyde Business School organised a SIRE workshop on the theory and estimation of gravity estimations. World experts from France, Germany, the United Kingdom and the United States presented cutting-edge work on this extremely important topic in International Economics. This event was a success, with a large number of participants coming from every corner of the United Kingdom.  

About the workshop

The gravity equation, in its simple form, relates the volume of a given economic phenomenon to the size and proximity of two economic entities, such as countries. Among other applications, gravity models have been successfully used to study the determinants of international bilateral flows of goods, capital or people. However, recent theoretical and empirical research demonstrates that estimation of gravity equations is not as straightforward as it seems.

Venue

Room 505 of Strathclyde Business School, see map:
http://www.strath.ac.uk/maps/strathclydebusinessschool/

Programme

Morning:

10:00 - 10:30 Registration
  Lecture by Thierry Mayer (Sciences-Po Paris)
'Gravity Equations: Workhorse, Toolkit, Cookbook'
10:30 - 12:00 First part of lecture
12:00 - 13:00 Lunch
13:00 - 14:30 Second part of lecture

Afternoon:

Advances in the estimation of gravity equations

14:30 - 14:45 Coffee Break
14:45 - 15:30

Markus Eberhardt (University of Nottingham)
'Gravity Models in the Presence of Slope Heterogeneity and Cross-Section Dependence'
Joint work with Rodolphe Desbordes

15:30 - 16:15 Mario Larch (Bayreuth University)
'Growth and Trade: A Structural Approach'
Joint work with James E. Anderson and Yoto V. Yotov
16:15 - 16:30 Coffee Break
16:30 - 17:30 Jonathan Eaton (Pennsylvania State University)
'Trade and the Global Recession'
Joint work with Sam Kortum, Brent Neiman and John Romalis
18:15 Dinner

Speakers

In the morning, Professor Thierry Mayer (Sciences-Po Paris), will give a three-hour lecture on the theory and estimation of gravity models in International Economics, based on his forthcoming chapter in the new Handbook of International Economics. Professor Mayer has published in the best Economics journals including Quarterly Journal of Economics, Review of Economic Studies, Review of Economics and Statistics and Journal of International Economics. See http://econ.sciences-po.fr/thierry-mayer

In the afternoon, three researchers will present cutting-edge research on the estimation and uses of the gravity equation. The invited speakers are Markus Eberhardt (University of Nottingham), Jonathan Eaton (Pennsylvania State University) and Mario Larch (Bayreuth University).