Online Summer School on International Trade and Gravity Models

Key information

Start date: 19 September 2022

Attendance dates:

September 2022: 19, 20, 21

Time commitment: 3 days

Venue:

Distance learning

Contact details:

Overview

Given the spread of the Coronavirus and the difficulty in air travel we have decided to deliver the Summer school in an online format. This decision has been made to ensure the safety of our participants, our colleagues, and all those involved with the Summer School. The Summer Schools in 2020 and 2021 were also held online; they were very successful and enabled many participants to attend from all over the world without the need to travel. 

The course will be conducted using Zoom platform. The University and the lecturers have extensive experience with online teaching and have state-of-the-art systems to do so as well as being able to deliver highly interactive lectures. Though we will do our best to record all the sessions, we expect participants to attend them live to enable them to interact with lecturers and ask questions. 

The first day of the summer school will be centred on introducing the theoretical background of the gravity equation and its main applications for economic policy. On its second day, the course will move on to address the actual challenges in terms of computation and estimation of the gravity equation for international trade. On day three the summer school will consist of three separate two-hour sessions on topics that will expand on issues related to international trade flows beyond the standard gravity equation approach. These include the impacts of income on international trade flows and main features of North-North trade versus North-South trade; the economics of Brexit, both from a short-run and long-run perspective; and economic warfare in a context of trade negotiations between symmetric and asymmetric trade partners.

Our summer school is suitable for PhD students and advanced masters students with a focus on international trade. It is also suitable for practitioners and policymakers working on international trade, with special interest in applications of gravity models and in deepening their understanding of the determinants of trade flows.

Software

The lectures will take place via Zoom. This course requires basic knowledge of Stata. Participants can request a short-term license for free.

Course content

This course will start by introducing the theoretical background of the gravity equation. It will then show how the gravity equation can be used to guide trade policy, and discuss its connection to free trade agreements and currency unions. On the second day, students will be introduced to the estimation of gravity models using pseudo-maximum likelihood estimators. Computational aspects and extensions will be also discussed.

Learning and teaching methods

You will be sent computer codes, lecture notes, and slides ahead of the course and will also receive direct assistance before the Summer School starts in order to set up all the systems ahead of the online events.

There will be opportunities to discuss your projects and research ideas during virtual coffee breaks. After the Summer School, lecturers will be available to answer questions and discuss your projects.

Course contributors

Holger Breinlich profile image

Professor Holger Breinlich

Professor of Economics

Eric Golson profile image

Dr Eric Golson

Deputy Head of School, Undergraduate Programme Director, Senior Teaching Fellow

Esteban Jaimovich profile image

Dr Esteban Jaimovich

Reader in Economics

João Santos Silva profile image

Professor Joao Santos Silva

Professor in Economics

Entry requirements

Our summer school is suitable for PhD students and advanced masters students with a focus on international trade. It is also suitable to practitioners and policymakers working on international trade.

Fees and funding

Price per person:

£700

Non-academic participants

£500

Academics

£200

Students

What these fees include

Participants requiring additional financial assistance can indicate so in their application. Limited funding opportunities are available.

This course can be combined with Online Summer School on Macroeconomics and The Science and Art of DSGE Modelling (Foundation or Advanced). The combined fee for the two courses:

  • £1,500 Non-academic participants
  • £1,100 for Academics 
  • £600 for students.

This course can also be combined with one day stand-alone courses. The combined fee for the two courses:

  • £780 Non-academic participants
  • £533 for Academics 
  • £270 for students.

Concessions

The following concessions are available:

  • 10% discount for participants who register by July 15
  • 10% discount for participants who have attended a previous course with the Centre for International Macroeconomic Studies
  • 20% discount for participants from institutions in developing countries.

Multiple discounts are not applicable.

How to apply

Deadline for applications is 29 August 2022, but we encourage you to apply as soon as possible as the places will be allocated using a rolling selection process.

If your application is successful, you will receive an email offering you a place and you will have two weeks to pay the full fees balance to secure this.

Apply now

Terms and conditions

When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations and our terms and conditions. You are also confirming you have read and understood the University's prospective student privacy notice.

Further details of our terms and conditions will follow.

Disclaimer

This online prospectus has been prepared and published in advance of the commencement of the course. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.