External Economies and International Trade: A Quantitative Framework

• Project/Area Number: 17K13721
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Multi-year Fund
• Research Field: Economic policy
• Research Institution: The University of Tokyo
• Principal Investigator: Kucheryavyy Konstantin 東京大学, 大学院公共政策学連携研究部・教育部, 講師 (30774153)
• Project Period (FY): 2017-04-01 – 2020-03-31
• Project Status: Completed (Fiscal Year 2019)
• Budget Amount: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000); Fiscal Year 2019: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2018: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2017: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
• Keywords: economies of scale / economic geogrpahy / dynamic trade models / trade policy / economic geography / international trade / gravity models / business cycles

Outline of Final Research Achievements

We have three completed papers: (1) "Grounded by Gravity: A Well-Behaved Trade Model with External Economies", (2) "Necessary and Sufficient Conditions for Uniqueness in Spatial Equilibria: The Case of Two Locations", and (3) "A
Unified Model of International Business Cycles and Trade".

Academic Significance and Societal Importance of the Research Achievements

PAPER (1) already has 53 citations and builds theoretical foundations for empirical work. PAPER (2) fills a big gap in the new economic geography literature by providing a full mathematical characterization of the Krugman (1991) model. PAPER (3) closes a direction in the business cycles literature.

Research Products

• [Presentation] A Unified Model of International Business Cycles and Trade (2020)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: National Research University, Higher School of Economics
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2019)
  • Author(s): Saroj Bhattarai
  • Organizer: University of Virginia
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 18th Society for the Advancement of Economic Theory in Taiwan
  • Int'l Joint Research
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 2018 Society for Economic Dynamics in Mexico
  • Int'l Joint Research
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 2018 North American Summer Meeting in the US
  • Int'l Joint Research
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: NBER Summer Institute in Boston
  • Int'l Joint Research
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 34th Annual Congress of the European Economic Association
  • Int'l Joint Research
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: Hitotsubashi University, Japan
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: Columbia University, USA
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: UC Berkeley
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: University of Wisconsin-Maddison
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: Michigan University
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: University of Michigan at Ann Arbor
  • Invited
• [Presentation] A Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Saroj Bhattarai
  • Organizer: Rochester University
  • Invited
• [Presentation] Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: Copenhagen Business School, Denmark
  • Invited
• [Presentation] Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 18th Society for the Advancement of Economic Theory
• [Presentation] Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 2018 Society for Economic Dynamics
  • Int'l Joint Research
• [Presentation] Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 2018 North American Summer Meeting
• [Presentation] Unified Model of International Business Cycles and Trade (2018)
  • Author(s): Konstantin Kucheryavyy
  • Organizer: 71st European Meeting of the Econometric Society
  • Int'l Joint Research
• [Remarks] Working Papers of Konstantin Kucheryavyy
  • URL: https://sites.google.com/site/kskucheryavyy/research
• [Remarks] Personal Web Page of Konstantin Kucheryavyy
  • URL: https://sites.google.com/site/kskucheryavyy/research