SMU SOE Seminar Series (March 19, 2024): South-South Trade, Comparative Advantage and Macroeconomic Outcomes

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ABSTRACT This paper examines the macroeconomic impact of China's accession to the World Trade Organization in other developing countries. The growth in South-South trade from China's entry resulted in an intensification of comparative advantage patterns, with some developing countries experiencing increased specialization in primary good exports, while at the same time having access to cheaper intermediate inputs and capital goods. We examine these forces using a dynamic Eaton-Kortum model of trade with capital accumulation. We illustrate the quantitative implications of the model by examining the case of Brazil, one the largest emerging economics with both export specialization in primary goods but a relatively developed industrial base in high-tech manufacturing. Click here to view the CV.
		PRESENTER Marla Ripoll University of Pittsburgh
		RESEARCH FIELDS Macroeconomics Development Demographics Growth Trade
		DATE: 19 March 2024 (Tuesday)
		TIME: 4pm - 5.30pm
		VENUE: Meeting Room 5.1, Level 5 School of Economics Singapore Management University 90 Stamford Road Singapore 178903

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