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R&P seminar on 9 October: ‘Trade Shocks and the Changing Economic Geography of the US’

Talk to be delivered by Prof. Priyam Verma, Ashoka University 

1 October, 2024, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘Trade Shocks and the Changing Economic Geography of the US’, to be led by Prof. Priyam Verma, Ashoka University (Economics area), at 3 pm on 9 October 2024, at Classroom P-22.  

Abstract: What are the general equilibrium effects of a trade shock in a local labor market? Can domestic spatial linkages insure against employment losses from increased foreign competition? In this paper, the researchers take a market access approach for estimating the indirect spatial effects. Using US data on transportation networks, trade flows and input-output tables, they estimate the strength of domestic trade and production linkages, and use it to build a new measure of market access for 722 US commuting zones in 22 sectors before and after China's entry into WTO. Constructing a model-based instrument for market access, the researchers find that after China's entry, US labor markets witnessed strong employment gains through both input-output linkages and weakened spatial competition. These gains compensated for manufacturing employment losses from the direct effect of the China shock. 

Speaker Profile: Dr. Priyam Verma is an Assistant Professor, Department of Economics at Ashoka University. He is a trade economist. He completed his PhD in Economics from the University of Houston and Postdoctoral research at Aix-Marseille School of Economics. His interests span international, spatial and macro-economics. In his research, he studies spatial outcomes and optimal regional policies through the lens of quantitative trade models. He focuses on highlighting synergies between investments and trade policies to optimize regional gains from trade. 

Webpage Link: https://sites.google.com/view/priyamverma/home 

Add to Calendar 2024-10-09 05:30:00 2024-10-03 14:31:44 R&P seminar on 9 October: ‘Trade Shocks and the Changing Economic Geography of the US’ Talk to be delivered by Prof. Priyam Verma, Ashoka University  1 October, 2024, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘Trade Shocks and the Changing Economic Geography of the US’, to be led by Prof. Priyam Verma, Ashoka University (Economics area), at 3 pm on 9 October 2024, at Classroom P-22.   Abstract: What are the general equilibrium effects of a trade shock in a local labor market? Can domestic spatial linkages insure against employment losses from increased foreign competition? In this paper, the researchers take a market access approach for estimating the indirect spatial effects. Using US data on transportation networks, trade flows and input-output tables, they estimate the strength of domestic trade and production linkages, and use it to build a new measure of market access for 722 US commuting zones in 22 sectors before and after China's entry into WTO. Constructing a model-based instrument for market access, the researchers find that after China's entry, US labor markets witnessed strong employment gains through both input-output linkages and weakened spatial competition. These gains compensated for manufacturing employment losses from the direct effect of the China shock.  Speaker Profile: Dr. Priyam Verma is an Assistant Professor, Department of Economics at Ashoka University. He is a trade economist. He completed his PhD in Economics from the University of Houston and Postdoctoral research at Aix-Marseille School of Economics. His interests span international, spatial and macro-economics. In his research, he studies spatial outcomes and optimal regional policies through the lens of quantitative trade models. He focuses on highlighting synergies between investments and trade policies to optimize regional gains from trade.  Webpage Link: https://sites.google.com/view/priyamverma/home  IIM Bangalore IIM Bangalore communications@iimb.ac.in Asia/Kolkata public

R&P seminar on 9 October: ‘Trade Shocks and the Changing Economic Geography of the US’

Add to Calendar 2024-10-09 05:30:00 2024-10-03 14:31:44 R&P seminar on 9 October: ‘Trade Shocks and the Changing Economic Geography of the US’ Talk to be delivered by Prof. Priyam Verma, Ashoka University  1 October, 2024, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘Trade Shocks and the Changing Economic Geography of the US’, to be led by Prof. Priyam Verma, Ashoka University (Economics area), at 3 pm on 9 October 2024, at Classroom P-22.   Abstract: What are the general equilibrium effects of a trade shock in a local labor market? Can domestic spatial linkages insure against employment losses from increased foreign competition? In this paper, the researchers take a market access approach for estimating the indirect spatial effects. Using US data on transportation networks, trade flows and input-output tables, they estimate the strength of domestic trade and production linkages, and use it to build a new measure of market access for 722 US commuting zones in 22 sectors before and after China's entry into WTO. Constructing a model-based instrument for market access, the researchers find that after China's entry, US labor markets witnessed strong employment gains through both input-output linkages and weakened spatial competition. These gains compensated for manufacturing employment losses from the direct effect of the China shock.  Speaker Profile: Dr. Priyam Verma is an Assistant Professor, Department of Economics at Ashoka University. He is a trade economist. He completed his PhD in Economics from the University of Houston and Postdoctoral research at Aix-Marseille School of Economics. His interests span international, spatial and macro-economics. In his research, he studies spatial outcomes and optimal regional policies through the lens of quantitative trade models. He focuses on highlighting synergies between investments and trade policies to optimize regional gains from trade.  Webpage Link: https://sites.google.com/view/priyamverma/home  IIM Bangalore IIM Bangalore communications@iimb.ac.in Asia/Kolkata public

Talk to be delivered by Prof. Priyam Verma, Ashoka University 

1 October, 2024, Bengaluru: The Office of Research and Publications (R&P) at IIM Bangalore will host a research seminar on, ‘Trade Shocks and the Changing Economic Geography of the US’, to be led by Prof. Priyam Verma, Ashoka University (Economics area), at 3 pm on 9 October 2024, at Classroom P-22.  

Abstract: What are the general equilibrium effects of a trade shock in a local labor market? Can domestic spatial linkages insure against employment losses from increased foreign competition? In this paper, the researchers take a market access approach for estimating the indirect spatial effects. Using US data on transportation networks, trade flows and input-output tables, they estimate the strength of domestic trade and production linkages, and use it to build a new measure of market access for 722 US commuting zones in 22 sectors before and after China's entry into WTO. Constructing a model-based instrument for market access, the researchers find that after China's entry, US labor markets witnessed strong employment gains through both input-output linkages and weakened spatial competition. These gains compensated for manufacturing employment losses from the direct effect of the China shock. 

Speaker Profile: Dr. Priyam Verma is an Assistant Professor, Department of Economics at Ashoka University. He is a trade economist. He completed his PhD in Economics from the University of Houston and Postdoctoral research at Aix-Marseille School of Economics. His interests span international, spatial and macro-economics. In his research, he studies spatial outcomes and optimal regional policies through the lens of quantitative trade models. He focuses on highlighting synergies between investments and trade policies to optimize regional gains from trade. 

Webpage Link: https://sites.google.com/view/priyamverma/home 

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