9th RGS Summer School
In the past, the effects of worldwide trade, as well as the costs and benefits of international climate policy have been underestimated. Currently this is slowly changing. Modern studies of globalization finally regard that companies differ in productivity. Those who grow fast have high exports whereas those who are less productive vanish. As a result overall productivity of the industry increases. How this process can be regarded in models for policy advice was the topic of the 9th Ruhr Graduate Summer School at the University Duisburg-Essen from August 5-9.
“To implement theoretical models in the process of policy advice was the motivation of this summer school” says Prof. Dr. Volker Clausen, head of the chair of international economics. The use of general equilibrium models in analyzing trade and climate policy is well established. They allow assessing costs and benefits for single countries but also distributive and relocation issues across countries. The aim of the summer school is to train the participants in the theoretic models and their implementation with up-to-date software and datasets. “The interest in climate relevant topics is immense and it even increases with the free trade agreement between Europe and the US.” Prof. Clausen argues.
Next to Prof. Dr. Christoph Böhringer from the University Oldenburg, who has been a speaker at the summer school for many years, Prof. Dr. Edward Balistreri from the Colorado School of Mines, USA, held the lectures. The diversity of the participants - with e.g. three participants from South Korea – demonstrated the global importance of trade and climate policy.
In tradition with the past, this year’s summer school was fully booked which shows that it is already an established part of the academic calendar.