RIETI Policy Symposium

Frontier of Inter-firm Network Analysis: Power of network and geographical friction (Handouts)

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Handouts

Opening Remarks and Introduction

FUJITA Masahisa's photo

FUJITA Masahisa (President and CRO, RIETI /Professor, Konan University / Adjunct Professor, Institute of Economic Research, Kyoto University)

Bio

He had previously served as Professor in the Department of Economics / Regional Science at the University of Pennsylvania; Professor of the Institute of Economic Research at Kyoto University; and President of the Institute of Developing Economies - JETRO (2003-2007). He had also served as the President of Japanese Economic Association (2009-2010). He holds a Ph.D. in regional science from the University of Pennsylvania. His research and teaching interests are urban economics, regional economics, international trade, and spatial economics. His major works include: Urban Economic Theory, Cambridge University Press, 1989; The Spatial Economy: Cities, Regions, and International Trade, MIT Press, 1999 (with P. Krugman and A.J. Venables); Economics of Agglomeration: Cities, Industrial Location, and Regional Growth, Cambridge University Press, 2002 (with J. Thisse), 2013 (2nd edition); Regional Integration in East Asia: From the Viewpoint of Spatial Economics (editor), Macmillan, 2007.; The Economics of East Asian Integration: A Comprehensive Introduction to Regional Issues (co-editor), Edward Elgar Publishing, 2011

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Presentation

Presentation1 "Implications of Inter-firm Networks for Theories of Production and Trade"

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Samuel KORTUM (James Burrows Moffatt Professor of Economics, Yale University)

Bio

Samuel Kortum is James Burrows Moffatt Professor of Economics at Yale University. He is also Consultant at Federal Reserve Bank of Chicago and Research Associate at the National Bureau of Economic Research (NBER). He received his bachelor's degree from Wesleyan University and Ph.D. in Economics from Yale. He was formerly Professor of Economics at the University of Chicago, on the faculty of Boston University and the University of Minnesota, a Staff Economist at the Federal Reserve Board, and a National Fellow at the NBER. In 2004, he and Jonathan Eaton received the Frisch Medal for their paper "Technology, Geography, and Trade." He is currently an editor of the Journal of Political Economy. In addition to international economics, Kortum has written on economic growth, innovation, technology diffusion, and firm dynamics. His research has appeared in top academic journals and has been supported by a series of grants from the National Science Foundation.

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Presentation2 "Empirical Evidence of Firm-to-firm Network in Trade and its Implications"

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Andrew BERNARD (Jack Byrne Professor, Tuck School of Business, Dartmouth College)

Bio

Andrew B. Bernard is the Jack Byrne Professor of International Economics at the Tuck School of Business at Dartmouth. He is also a Research Associate for the National Bureau of Economic Research in Cambridge, MA, a Research Fellow at the Centre for Economic Policy Research in London, and a Research Associate at the Centre for Economic Performance at the London School of Economics. Professor Bernard received a PhD in economics from Stanford University. Professor Bernard has given lectures at the World Bank, IMF, the European Central Bank, and the European Commission on the topic of firms and globalization. Professor Bernard is an expert on firm and industry responses to globalization and his current research in international trade focuses on topics including the importance of domestic supply networks, buyer-seller interactions, multi-product firms, and exporter dynamics. He is a past recipient of a National Science Foundation grant to support his work on firms and products in international trade.

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Presentation3 "Trade, Sectoral Linkages, and Labor Market Dynamics: Quantitative implications"

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Lorenzo CALIENDO (Associate Professor of Economics, Yale University)

Bio

Professor Caliendo's research is focused on understanding and quantifying the economic effects of international trade. His work follows three main strands. The first strand focuses on the determinants of the trade and welfare effects of commercial policy. Of particular interest to him are the propagation effects, via input-output linkages, across spatially distinct labor markets. The second examines how a firm's growth and how foreign trade competition affect a firm's organizational structure, the wage structure inside a firm, and a firm's productivity. The third strand deals with understanding the macroeconomics effects of international trade and growth. He is also a Research Fellow at the NBER, a Research Staff at Cowles Foundation, and affiliated to the Jackson Institute for Global Affairs. He holds a PhD in Economics from the Department of Economics of the University of Chicago.

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Presentation4 "The Implications of Agglomeration and Regional Spillover Effects"

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Robert DEKLE (Professor of Economics, University of Southern California)

Bio

Robert Dekle is Professor of Economics at University of Southern California. His research areas include International Macroeconomics, Finance, Trade and East Asian Economics. He received an A.B. in Economics from U.C. Berkeley in 1981, and a Ph.D. in Economics from Yale in 1988. His employment experiences are Post-Doctoral Fellow, Harvard, 1987-1988; Assistant Professor, Departments of Economics and International Relations, Boston University, 1988-1994; Staff Economist, Federal Reserve Board, Washington, D.C., 1994-1995; Staff Economist, International Monetary Fund, Washington, D.C., 1995-1998; Assistant, Associate, and Full Professor, Department of Economics, USC, 1998-; Consultant and Visiting Professor, Federal Reserve Bank of New York, 2006-2007.

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Panel Discussion

Introduction

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SAITO Yukiko (Senior Fellow, RIETI)

Bio

Yukiko Saito received an A.B. and Ph.D. both in Physics from the University of Tokyo. Her employment experiences include: research associate and senior associate at the Economic Research Center at Fujitsu Research Institute (2002-2012); research committee member at the Research Institute of Economy, Trade and Industry (RIETI) (2006-2012); associate professor at the Institute of Economic Research at Hitotsubashi University (2008-2010); visiting research officer at the National Institute of Science and Technology Policy (2011-2013); fellow and senior fellow at RIETI (2012-present); and lecturer at Keio University (2014-present). Her major works include: "Production Networks, Geography and Firm Performance," NBER WP 21082, 2015; "Fast trains, supply networks, and firm performance," Vox EU, 2014; "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," RIETI DP 14-E-035; "Localization of Collaborations in Knowledge Creation," RIETI DP 13-E-070; and "Measuring Economic Localization: Evidence from Japanese firm-level data," Journal of the Japanese and International Economies, 26 (2), June 2012.

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Discussion / Q&A

Panelist (in order of appearance)

Samuel KORTUM's photo

Samuel KORTUM (James Burrows Moffatt Professor of Economics, Yale University)

Andrew BERNARD's photo

Andrew BERNARD (Jack Byrne Professor, Tuck School of Business, Dartmouth College)

Lorenzo CALIENDO's photo

Lorenzo CALIENDO (Associate Professor of Economics, Yale University)

Robert DEKLE's photo

Robert DEKLE (Professor of Economics, University of Southern California)

Moderator

HAMAGUCHI Nobuaki's photo

HAMAGUCHI Nobuaki (Program Director, RIETI / Professor, Research Institute for Economics and Business Administration (RIEB), Kobe University)

Bio

Nobuaki Hamaguchi is a professor at the Research Institute for Economics and Business Administration (RIEB) at Kobe University. He received a B.A. in Brazilian Studies from Osaka University of Foreign Studies and an M.A. and Ph.D. both in Regional Science from the University of Pennsylvania. His previous experience include researcher at the Institute of Developing Economies (current Institute of Developing Economics, Japan External Trade Organization (IDE-JETRO)) in 1987; visiting researcher at the Institute of Economics at Rio de Janeiro Federal University (UFRJ) (2000-2003); and associate Professor at RIEB at Kobe University (2004-2006). His research areas focus on spatial economics and regional studies (Brazil). His major works include: "Japan and Economic Integration in East Asia: Post-disaster scenario,"Annals of Regional Science 48 (2) April 2012 and "Supply Chain Internationalization in East Asia: Inclusiveness and risks," Papers in Regional Science (forthcoming)—available online DOI: 10.1111/pirs.1218

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