Trade, Environment and Growth

Faculteit Economie en Bedrijfskunde
Jaar 2019/20
Vakcode EBM097A05
Vaknaam Trade, Environment and Growth
Niveau(s) master, uitwisseling
Voertaal Engels
Periode semester I b
ECTS 5
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Uitgebreide vaknaam Trade, Environment and Growth
Leerdoelen Upon completion of the course the student is able to:
1. Analyze and compare scientific papers with applications of input-output analysis (in the areas of trade, environment, and growth)
2. Identify cases (in the areas of trade, environment, and growth) where input-output techniques can be applied meaningfully
3. Analyze and interpret the information that is contained in an input-output table
4. Critically evaluate the working of the input-output model and its applicability in potential applications
5. Write simple computer programs to run the model
6. Apply (including the actual computations) the input-output techniques to simple questions
7. Carry out an input-output analysis of a real world problem and reflect on the plausibility and relevance of the results and conclusions
Omschrijving This course (for which some basic knowledge of matrix algebra is indispensable) applies input-output analysis to issues on trade, on environment, and on growth. For the production of commodities and services, industries depend on other industries for their intermediate products. More and more, such linkages between industries cross borders. Input-output analysis is a tool that takes such interdependencies in the production structure into full account. It has been applied to a wide variety of topics, ranging from international and development economics to disciplines dealing with energy and environmental issues. The course will focus on three such topics. Typical questions are the following. How much high-skilled labor in the US is involved in satisfying the demand for cars by households in Australia, reflecting trade in production factors? What is the greenhouse gas footprint of China, or how large are the Chinese exports of greenhouse gas emissions? What percentage of the growth in German GDP between 1995 and 2009 was due to the increased household consumption in the rest of the EU? To analyze these questions, the World Input-Output Database will be used.
Uren per week
Onderwijsvorm ►interactief hoorcollege ,  ►practicum
Toetsvorm ►groepsopdracht,  ►tussentijds tentamen (open vragen)
(Assignments for pairs or triplets of students (the large assignment is made with different fellow students than the two small assignments are).)
Vaksoort master
Coördinator prof. dr. H.W.A. Dietzenbacher
Docent(en) prof. dr. H.W.A. Dietzenbacher ,prof. dr. B. Los
Verplichte literatuur
Titel Auteur ISBN Prijs
Journal articles for each topic (trade, environment, growth) Various
The lecture notes and journal articles mentioned above will be made available by the lecturer (free of charge).
Lecture notes on: essentials of input-output analysis; a description of the World Input-Output Database; an introduction to computer software (e.g. Matlab or open source software).
Entreevoorwaarden Students with a BSc degree in Economics & Business Economics, Econometrics and Operations Research (or a comparable degree). Some basic knowledge of matrix algebra is indispensable for this course. An indication for a sufficient background is Chapters 15 and 16 in Essential Mathematics for Economic Analysis (4th edition) by Sydstaeter, Hammond and Strom, which is taught in the second year course Matrix Analysis and Optimization.
Opmerkingen Secretary: gem.feb@rug.nl, +31 (0)50 363 3458, 5411 0538
Opgenomen in
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