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【Trade Seminar】Firms in a Fragmented World


  • 研討會日期 : 2025-11-25
  • 時間 : 14:30
  • 主講人 : Professor Stephen Yeaple
  • 地點 : Conference Room B110
  • 主持人 : Professor Han Yang
  • 演講者簡介 : Professor Stephen Yeaple received his Ph.D. in Economics from the University of Wisconsin-Madison in 2000. He is currently a Professor at the Pennsylvania State University. His research interests are International Trade, Industrial Organization, and Applied Microeconomics.
  • 演講摘要 : The global economy has recently become more fragmented due to the rise of regional trade agreements (RTAs) and new trade alignments. How do firms adjust their global trade networks in response? What are the implications for bilateral trade patterns, and how large are the gains from joining an RTA relative to remaining outside? To address these questions, we develop a unified quantitative framework in which firms endogenously choose their export destinations for final goods and import sourcing origins for inputs. The model captures firm heterogeneity, trade in intermediate goods, and the export–import linkages that shape the aggregate effects of RTAs.