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Instituto Valenciano de Investigaciones Económicas


Trade and Growth

Valencia, 26 mayo 2015

Universitat de València
Facultat d’Economia
Departament d’Estructura Econòmica
(Economia Aplicada II)
4t pis – 4P18 – Aula Departament
Av. de los Naranjos s/n
46022 Valencia


Growth and job creation are increasingly linked to each economy’s ability to expand the quantity and quality of its exports. The global economy provides extraordinary opportunities for improving welfare but also poses profound challenges: countries must continuously revise and strengthen their competitive advantages and expand the number and size of their exporting firms. Doing so is even more crucial in countries like Spain, where large debt ratios held by the public and private sectors will in the near future prevent a solid expansion of the domestic demand. How countries build a large and diversified exporting sector is still only partially understood. Also, we are still discovering new aspects and consequences of the recent dynamics of the international division of labor.

This workshop will provide a forum for discussing cutting-edge research on trade and growth from both the theoretical and empirical viewpoints. The papers to be presented cover a wide array of issues such as: the productivity gains generated by the dynamics of firm selection, the increasing within-industry specialization of countries due to offshoring, the dynamics of the world relocation of production and its impact on growth across countries, the effect of exporting firms’ decisions on the dispersion of wages and productivity, the interplay between financial development, financial frictions and exports, and the response of trade to changes in tariffs.


9:30 – 11:30

First session

“Dynamic Selection: An Idea Flows Theory of Entry, Trade and Growth”

Thomas Sampson, London School of Economics

“Offshoring and Skill-upgrading in French Manufacturing: A Heckscher-Ohlin-Melitz View”

Harald Fadinger, University of Mannheim, joint work with Juan Carluccio, Alejandro Cuñat and Christian Fons-Rosen

11:30 – 12:00

Coffee break

12:00 – 13:45

Second session

“International Relocation of Production and Economic Growth”

Marta Solaz, Universitat de València, joint work with Francisco Alcalá

“Betting on Exports: Trade and Endogenous Heterogeneity”

Alessandra Bonfiglioli, Universitat Pompeu Fabra, joint work with Gino Gancia and Rosario Crinò

15:15 – 16:15

Third session

“Financial Frictions, Product Quality, and International Trade”

Rosario Crinò, Centro de Estudios Monetarios y Financieros (CEMFI), joint work with Laura Ogliari

16:15 – 16:30

Coffee break

16:30 – 17:30

Fourth session

“Trade Adjustment Dynamics and the Welfare Gains from Trade”

Kim Ruhl, New York University, joint work with George Alessandria and Horag Choi


Francisco Alcalá

Universidad de Murcia and Ivie


Alessandra Bonfiglioli

Universitat Pompeu Fabra

Rosario Crinò

Centro de Estudios Monetarios y Financieros (CEMFI)

Harald Fadinger

University of Mannheim

Kim Ruhl

New York University

Thomas Sampson

London School of Economics

Marta Solaz

Universitat de València


Universitat de València
Facultat d’Economia
Departament d’Estructura Econòmica
(Economia Aplicada II)
4t pis – 4P18 – Aula Departament
Av. de los Naranjos s/n
46022 Valencia


En colaboración con: