MID-WEST INTERNATIONAL ECONOMICS MEETINGS

Fall 1998

University of Michigan

Ann Arbor, MI

October 9-11, 1998

Final Program


Session I: Friday, October 9, 1998 2:15-5:45 Room 0540

Chair: Raymond Riezman- raymond-riezman@uiowa.edu  (University of Iowa)

2:15-3:00 Alan Deardorff alandear@econ.lsa.umich.edu  (University of Michigan)
"Fragmentation in Simple Trade Models"
Discussants: Ron Jones jonr@troi.cc.rochester.edu (Rochester University), James E. Anderson james.anderson@bc.edu (Boston College)

3:00-3:45 James E. Anderson james.anderson@bc.edu  (Boston College) and J. Peter Neary (University College Dublin)
"The Mercantilist Index of Trade Policy"
Discussants: Cory Krupp krupp@pps.pubpol.duke.edu (Duke University), William J. Polley william-polley@uiowa.edu  (The University of Iowa)

3:45-4:15 BREAK

4:15-5:00 M. Ayhan Kose akose@lemberg.brandeis.edu (Brandeis University) and Raymond Riezman  (University of Iowa)
"Trade Shocks and Macroeconomic Fluctuations in Africa"
Discussants: Linda Tesar ltesar@umich.edu  (University of Michigan), David Richardson jdrichar@maxwell.syr.edu  (Syracuse)

5:00-5:45 David R. Collie collie@cardiff.ac.uk  (Cardiff University)
"Mergers and Trade Policy Under Oligopoly"
Discussants: Gordon H. Hanson gohanson@econ.lsa.umich.edu  (University of Michigan), Anjit Bajwa anjit-bajwa@uiowa.edu  (University of Iowa)

Saturday (October 10) 7:30 - 9:00 a.m.
 *** Continental Breakfast ***


Session IIA: Saturday, October 10, 1998 8:30-12:30 Room 0540

Chair: Eckhard Janeba ejaneba@indiana.edu  (Indiana University)

8:30-9:30

1. Jakrapong Uchupalanun ju10@cornell.edu  (Cornell University)
"Real Exchange Rate Fluctuation in Dynamic General Equilibrium: An Example"

2. Chris Magee magee@bard.edu  (Bard College) and Robert Baldwin
"Congressional Voting on Recent Trade Bills: From NAFTA to Fast-Track"

3. Nancy H. Chau chauhy@siu.edu  (Southern Illinois U. at Carbondale)
"Resolving Information Asymmetry Using Second-Best Policies: The Case of Politically Motivated Immigration Reforms"

10:00-11:00

1. Devashish Mitra mitrad@fiu.edu  (Florida International University)
"Reciprocal Trade Liberalization and Multi-Market Contact: Competition and Efficiency Effects"

2. Tianshu Chu tianshu@atlas.socsci.umn.edu  (University of Minnesota)
"Import Substitution and Stagnation"

3. William J. Polley william-polley@uiowa.edu  (The University of Iowa)
"Optimal Specialization, Adjustment Costs, and Dynamic Consistency"

11:30-12:30

1. Ronald B. Davies rbd2@psu.edu  (The Pennsylvania State University)
"Tax Competition and Two-Way Capital Flows"

2. Hiorst Raff hraff@indiana.edu   (Indiana University)
"Preferential Trade Agreements and Tax Competition for Footloose Firms"

3. Eckhard Janeba ejaneba@indiana.edu  (Indiana University)
"Tax Competition When Governments Lack Commitment: The "Great Game" Over the Caspian Oil"


Session IIB: Saturday, October 10, 1998 8:30-12:30 Room 1540

Chair: David Richardson jdrichar@maxwell.syr.edu  (Syracuse)

8:30-9:30

1. Tracy C. Miller millertc@gcc.edu  (Grove City College)
"The Role of Outsourcing in Explaining Rising US Wage Inequality: Implications for Policy"

2. Bin Xu xub@dale.cba.ufl.edu  (Florida)
"Factor Bias, Sector Bias and the Effects of Technical Progress on Relative Wages"

3. Kishore Gawande gawande@unm.edu  (University of New Mexico) and Alok Bohara
"Fundamental Determinants of U.S. Trade Policy: Ideology, Interest, and Logrolling in the 1988 Omnibus Trade Act"

10:00-11:00

1. Arundhati Nandy asen@post.cis.smu.edu  (Southern Methodist University)
"Impact of U.S. Environmental Regulation on the Competitiveness of Manufacturing Industries"

2. Raymond Robertson rarobert@maxwell.syr.edu  (Syracuse)
"Does U.S. Border Enforcement Protect American Wages?"

3. KaSaundra Tomlin kasaundra.tomlin@bus.ucf.edu  (University of Central Florida) and Bruce A. Blonigen (University of Oregon)
"Entry Size and Growth of Japanese Plants in the United States"

11:30-12:30

1. Linghui Tang Linghui.Tang@drexel.edu  (Drexel University)
"Measuring the Intensity of Vertical Integration for U.S. Majority-Owned Multinational Enterprises"

2. Wolfgang Keller keller@eco.utexas.edu  (University of Texas) and Simon J. Evenett (Rutgers University and The Brookings Institution)
"On Theories Explaining the Success of the Gravity Equation"

3. Jaime Marquez marquezj@frb.gov  (Federal Reserve Board)
"Immigration and The Elasticity Puzzle in U.S. Imports"


Session IIC: Saturday, October 10, 1998, 8:30-12:30 Room 1550

Chair: Linda Tesar ltesar@umich.edu  (Michigan)

8:30-9:30

1. Chunling Liu and Shouyong Shi liuc@qed.econ.queensu.ca  (Queen's University)
"Real Interest Rate Differential: A Random Matching Perspective"

2. Diane K. Monaco eco_monaco@online.emich.edu  (Eastern Michigan University)
"The Effects of Exchange Rate Volatility on Trade Flows"

3. Yasar Barut ybarut@rice.edu  (Rice University)
"Expected Survival Time of a Target Zone with Mean Reverting Interventions"

10:00-11:00

1. Joy Mazumdar jmazumd@emory.edu  (Emory University)
"Export Subsidies, Balance of Payments and Growth – The Case for Export Promotion Policies"

2. JoAnne Feeney feeney@spot.colorado.edu  (University of Colorado at Boulder), Jose Campa (NYU) and Ingo Walter (NYU)
"Capital Controls and Risk Sharing: Implications for Migration and Growth"

3. James M. Nason nason@econ.ubc.ca  (University of British Columbia) and John H. Rogers (Board of Governors of the Federal Reserve System)
"Investment and the Current Account in the Short Run and the Long Run"

11:30-12:30

1. Lucia Tajoli lucia.tajoli@polimi.it  (Politecnico di Milano)
"The Economic Integration Between the European Union and the Central and Eastern European Countries: Can We Learn From the Past?"

2. Mitch Kaneda kanedam@gunet.georgetown.edu  (Georgetown University)
"Firm Behavior, Institutions, And The Effect Of International Trade"

3. Subhayu Bandyopadhyay and Sudeshna C. Bandyopadhyay sbandyo2@wvu.edu  (West Virginia University)
"Illegal Immigration under Capital Mobility: Enforcement Welfare and Income Distribution"


Session III: Saturday, October 10, 1998, 2:15-5:45 Room 0540

Chair: Robert Stern rmstern@econ.lsa  (Michigan)

2:15- 3:00 Wolfgang Mayer mayerw@email.uc.edu  (University of Cincinnati)
"The Distribution of Income Between Skilled and Unskilled Workers"
Discussants: Carsten Eckel Carsten.Eckel@Uni-Passau.De (University of Passau, Germany) and David Collie collie@cardiff.ac.uk (Cardiff University)

3:00- 3:45 Alan D. Woodland a.woodland@econ.usyd.edu.au  (University of Sydney) and Pascalis Raimondos-Moller (EPRU, Copenhagen Business School)
"Tariff Strategies and Small Open Economies"

Discussants: Jean-Marie Viaene viaene@few.wur.nl (Erasmus University and Tinbergen Institute Rotterdam), Costas Syropoulos  (Florida International University) sytopoul@fiu.edu

3:45-4:15 BREAK

4:15-5:00 John Whalley whalley@sscl.uwo.ca (University of Warwick and Western Ontario University)
"Ambiguity Enhancing Calculations and the Trade and Wages Debate "

Discussants: Robert Stern rmstern@econ.lsa.umich.edu (University of Michigan), Alan D. Woodland a.woodland@econ..usyd.edu (University of Sydney)

5:00-5:45 Ron Jones jonr@troi.cc.rochester.edu  (Rochester University)
"A Framework for Fragmentation"
Discussants: Alan Deardorff alandear@econ.lsa.umich.edu (University of Michigan), Henry Wan, Jr. hyw1@cornell.edu  (Cornell University)

Saturday (October 10) 6:00 p.m.
 *** Reception ***
- Executive Residence Lounge


Sunday (October 11) 7:30 - 9:00 a.m.
 *** Continental Breakfast ***

Session IVA: Sunday, October 11, 1998, 8:30-12:00 Room 0540

Chair: Rafael Tenorio tenorio.1@nd.edu (Notre Dame)

8:30-10:00

1. Amy Jocelyn Glass glass.29@osu.edu  (Ohio State University) and Kamal Saggi (Southern Methodist University)
"Asymmetric FDI Policies"

2. Nicolas Schmitt schmitt@sfu.ca  (Simon Fraser University) and Simon P. Anderson  (University of Virginia)
"Economic Integration, Perfect Competition and Trade in Vertically Differentiated Products "

3. Anne P. Villamil avillami@uiuc.edu  (University of Illinois) and Elizabeth Asiedu
"Imperfect Enforcement and Foreign Investment: A Rationale for Multilateral Organizations"

10:30-12:00

1. Costas Syropoulos syropoul@fiu.edu  (Florida International University) and Elias Dinopoulos
"International Diffusion and Appropriability of Technological Expertise"

2. Jean-Marie Viaene viaene@few.wur.nl  (Erasmus University and Tinbergen Institute Rotterdam) and Itzhak Zilcha (The Eitan Berglas School of Economics, Tel-Aviv University)
"Optimal Education and Growth under Capital Markets Integration: A Dynamic Analysis"

3. Henry Wan Jr. hyw1@cornell.edu  (Cornell University) and Weifeng Weng
"A Note on a Variation of the MacDougal - Kemp Theme"


Session IVB: Sunday, October 11, 1998, 8:30-12:00 Room 1540

Chair: Alan Deardorff alandear@econ.lsa.umich.edu  (University of Michigan)

8:30-10:00

1. Carsten Eckel Carsten.Eckel@Uni-Passau.De  (University of Passau, Germany))
"Globalization and Wage Differentials in an Equilibrium Model with Endogenous International Production"

2. Simon Evenett seventt@worldbank.org  (Rutgers University and World Bank)
"Growth of OECD Imports, 1970-96"

3. Gordon H. Hanson gohanson@econ.lsa.umich.edu  (University of Michigan)
"Market Potential, Increasing Returns, and Geographic Concentration"

10:30-12:00

1. Steve Magee magee@mail.utexas.edu  (University of Texas at Austin)
"Endogenous Regionalism and Tariff Creation and Tariff Diversion in a Customs Union: The EEC, 1968-1983"

2. M. Scott Taylor staylor@ssc.wisc.edu  (University of Wisconsin), Werner Antweiler, and Brian R. Copeland
"Is Free Trade Good for the Environment"

3. Yuka Ohno yuka@rice.edu  (Rice University) and Kaz Miyagiwa  (Louisiana State University)
"Exhaustible Resources, Backstop Technology and International Trade"