Extended! The application deadline for Fall 2015 admissions to the UH Economics Masters & PhD programs has been extended to January 31, 2015. Please contact email@example.com with any questions.
UH-Manoa Economics Professor Sumner La Croix discusses impact of lower oil prices on KHON TV news. View details »
Paper Link Michael J. Roberts and Wolfram Schlenker: Identifying Supply and Demand Elasticities of Agricultural Commodities, American Economic Review, October 2013.
Paper Link Miriam Bruhn and Inessa Love: The Real Impact of Improved Access to Finance: Evidence from Mexico, Journal of Finance, June 2014
Paper Link Ronald Lee, Andrew Mason, and members of the NTA network : Is Low Fertility Really a Problem? Science, 10 October 2014.
January 30th 2015 3:00-4:30pm: Jota Ishikawa:
Title: Backfiring with Backhaul Problems: Trade and Industrial Policies with Endogenous Transport Costs
School: Hitotsubashi University
Room: Saunders 515
The trade barriers due to transportation costs are as large as those due to tariffs. This paper studies the effects of trade policies given endogenous transportation costs. Transport firms need to commit to a shipping capacity sufficient for a round trip. Because of such "backhaul problems," each country's trade restrictions may backfire: a country's import restrictions may also decrease its exports, possibly increasing the foreign exporting firms' profits at the expense of the domestic exporting firms' lower profits. Our trade model with an explicit transportation sector also generates a non-conventional result regarding foreign direct investment.