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Weissman Center for International Business
International Business Seminar:
Professor Myrto Kalouptsidi, Harvard Business School
“Geography, Search Frictions and Endogenous Trade Costs”
Thursday, September 6, 12.30pm,
Weissman Center 108 East 26th street, 8th floor
Lunch will be served
From: Professor Lilac Nachum, Department of Marketing and International Business
Seminar paper abstract (provided by the speaker)
We leverage detailed data on vessel movements and shipping contracts to shed new light on world trade costs and trade flows. The data reveal new facts about shipping patterns, and motivate us to build a framework modeling the behavior of exporters and ships. Our framework has two novel features: (i) trade costs are endogenous and determined jointly with trade flows; as a result, they depend on the entire network of countries; (ii) search frictions between exporters and ships can limit trade. We estimate the model and recover flexibly the matching process between ships and exporters. Endogenous trade costs provide a novel link to understand trade patterns and we showcase this by considering the impact of (i) an improvement in shipping efficiency; (ii) a slow-down in China; (iii) the opening of the Northwest Passage; (iv) search frictions.
Myrto Kalouptsidi is a Stanley A. Marks and William H. Marks Assistant Professor at the Radcliffe Institute and assistant professor of economics in the Harvard Faculty of Arts and Sciences. She specializes in applied microeconomics, with a particular emphasis on international trade. She is renowned for her work on protectionism in the shipping industry. Her current research focuses on the impact of protectionism, search frictions, geography, and trade costs on China’s international shipping. She is the recipient of a 2014–2017 National Science Foundation Award for her project, “Detection and Impact of Industrial Subsidies: The Case of World Shipbuilding.” Dr. Kalouptsidi received her BA and MS in economics from the University of Athens, Greece. She earned her MA, MPhil, and PhD in economics from Yale University. She has served as visiting assistant professor at Stanford University and assistant professor of economics at Princeton University. https://www.radcliffe.harvard.edu/people/myrto-kalouptsidi-radcliffe-professor
If you wish to meet the speaker in person before or after the seminar, please contact Professor Nachum at email@example.com and specify your time preferences.
I hope to have as many of you attending the seminar and look forward to a stimulating engagement.
Due to the budget cut, we will be holding only three seminars this semester.
Interested to learn more about our series? Please enroll on our Blackboard site:
We encourage faculty with interest in our series to visit out dedicated area on Blackboard and enroll themselves to cite. This provides full access to past and future seminars’ material and to e-mail updates about forthcoming seminars.
If you are interested login in to Blackboard, and go through the following steps:
- Scroll down in the box on the left side of the screen (under CUNYfirstMyInfo)
- Under ‘organization search’ type ‘international business’ and click go
- The IB seminar series appears as ‘Weissman Center international business research program’.
- Point your mouth at the Organization ID and you will get an arrow on the right side of the ID.
- Click on the arrow and click on enroll
- Click submit
- Click OK
You need to follow this process only once. Once you are enrolled, you will find a link to the ‘Weissman Center international business research program’ under ‘my organization’.
Professor, International Business
Baruch College, City University New York
Executive Educator and Global Business Adviser