Peter K Schott
Yale School of Management
135 Prospect Street
New Haven, CT 06520-8200
Phone:  203.436.4260
Fax:  203.432.6974
peter.schott@yale.edu
http://www.som.yale.edu/Faculty/pks4
short bio

Version 2008.8.14

Employment

2006-Present     Professor of Economics, Yale School of Management
2004-2006        Associate Professor, Economics, Yale School of Management
1999-2004        Assistant Professor, Economics, Yale School of Management. 
1993-1995        Sumitomo Trust & Banking Company, Ltd., Los Angeles. 
1990-1993        Sumitomo Trust & Banking Company, Ltd., New York. 

Education

1999    Ph.D., Business Economics, Anderson Graduate School of Management at UCLA
1995    M.S., Political Science, UCLA
1990    B.S., Finance, The Wharton School, University of Pennsylvania

Awards

National Science Foundation Research Grant, 2006-2009: (SES-0550190) Estimating Cross-Country Differences in Product Quality. Joint w/ Hallak.
National Science Foundation Research Grant, 2003-2009 (SES-0241474): Firms and Product Choice in International Trade. Joint w/ Bernard.
Best Graduate Student Paper, 1997 Empirical Investigations into International Trade Conference. 

Editorships

Associate Editor, American Economic Review, 2005-2008

Affiliations

American Economic Association
Research Associate, International Trade and Investment Program, National Bureau of Economic Research
International Research Associate, Institute for Fiscal Studies (UK)
Research Associate, Centre for Economic Performance (LSE)
Special Sworn Status, U.S. Census Bureau

Consulting

World Bank
Inter-American Development Bank
Appalachian Regional Commission

Journal Publications

Relative Wage Variation and Industry Location in the United Kingdom Oxford Bulletin of Economics and Statistics (Forthcoming). Joint w/ Bernard, Redding and Simpson.  This is a substantially revised version of NBER Working Paper 9998.

The Relative Sophistication of Chinese Exports  Economic Policy 53:5-49 (January 2008). Related articles in The New Yorker, The Economist and Newsweek.

Firms in International Trade Journal of Economic Perspectives 21(3):105-130 (Summer 2007). Joint w/ Bernard, Jensen, Redding. Related article in the WSJ.

Comparative Advantage and Heterogeneous Firms Review of Economic Studies 74(1):31-66 (January 2007). Joint w/ Bernard, Redding.  This is revised version of NBER Working Paper 10668.

Trade Costs, Firms and Productivity Journal of Monetary Economics 53(5): 917-937 (July 2006). Joint w/ Bernard, Jensen. This paper was presented at the November 18-19, 2005 Carnegie-Rochester Conference on Public Policy. Publicly available data that are used in this paper can be found here.

Survival of the Best Fit: Exposure to Low-Wage Countries and the (Uneven) Growth of US Manufacturing Plants. Journal of International Economics 68(1):219-237 (January 2006).  Joint w/ Bernard, Jensen. (This is a revised version of NBER working paper 9170). Publicly available data that are used in this paper can be found here.

Across-Product versus Within-Product Specialization in International Trade. Quarterly Journal of Economics 119(2):647-678 (May 2004).  This is the published version of NBER Working Paper 8492 entitled “Do Rich and Poor Countries Specialize in a Different Mix of Goods?  Evidence from Product-Level U.S. Trade Data” 

Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich? Journal of Development Economics 72(2):515-541 (December 2003). Joint w/ Redding.  This is the published version of NBER Working Paper 9447.

A Comparison of Latin American and Asian Product Exports to the United States, 1972 to 1999. Latin American Journal of Economics. 121:414-422 (December 2003).

One Size Fits All? Heckscher-Ohlin Specialization in Global Production American Economic Review 93(2):686-708 (June 2003).   This is the published version of NBER Working Paper 8244.  Errata.

Does Natural Resource Abundance Cause Latin American Income Inequality? Journal of Development Economics 59(1): 3-42. Joint w/ Leamer, Maul and Rodriguez. Dataset for this paper.

 

Book Chapters / Other Publications

How does China compete with developed countries? Vox (October 2007)

The Rich (and Poor) Keep Getting Richer  Harvard Business Review 83(4):20 (April 2005).  Joint w/ Leamer.

How Offshore Work Affects Your Industry Harvard Business Review 82(11):24 (November 2004).  Joint w/ Bernard, Jensen.

Importers, Exporters and Multinationals: A Portrait of Firms in the U.S. that Trade Goods in T. Dunne, J.B. Jensen and M.J. Roberts (eds.), Producer Dynamics: New Evidence from Micro Data (University of Chicago Press, forthcoming). Joint w/ Bernard, Jensen. This chapter is a revised version of NBER Working Paper 11404.

“Concerts and Regional Intervention” in David Lake and Patrick Morgan (eds.), Regional Orders: Building Security in a New World. (Penn State Press, 1997).  Joint w/ Rosecrance.

 

In-Progress Working Papers

Multi-Product Firms and Product Switching (May 2008) Joint w/ Bernard, Redding.  Theory Appendix. Note: this paper is a substantially revised version NBER Working Paper 9789 entitled “Product Choice and Product Switching”. This paper was also briefly circulated under the title “Multi-Product Firms and the Dynamics of Product Mix”.

Intra-firm Trade and Product Contractibility (February 2008) Joint w/Bernard, Jensen, Redding

Estimating Cross-Country Differences in Product Quality (January 2008) Joint w/ Hallak. Additional materials for this paper: data appendix, estimation appendix and data and programs used to generate all results.

China’s Experience Under the MFA/ATC (January 2008) Joint w/ Brambilla, Khandelwal.

Vietnam’s Textile and Clothing Exports to the U.S. Under OTEXA Monitoring (September 2007)

Products and Productivity (December 2006) Joint w/ Bernard, Redding. 

Multi-Product Firms and Trade Liberalization (December  2006) Joint w/ Bernard, Redding.

Transfer Pricing by U.S.-Based Multinational Firms (August 2006)  Joint w/ Bernard, Jensen. Article in The Economist discussing this paper.

 

Policy/Background/Technical/Dataset Papers

Vietnam’s Textile and Clothing Exports to the U.S. Under OTEXA Monitoring (September 2007)

Assessing the Impact of Trade Liberalization on Import-Competing Industries in the Appalachian Region (September 2004).  Joint with Bernard, Jensen.

Facing the Dragon:  The Prospects for U.S. Manufacturing in the Coming Decade (May 2004).  Joint w/ Bernard, Jensen.  Wall Street Journal article about this paper (8.17.2004).

US Imports, Exports and Tariff Data, 1989 to 2001. (November 2002) Joint w/ Feenstra, Romalis (NBER 9387). Click here to download data.

Land Abundance as a Source of Latin American Income Inequality (July 13, 1999). Joint w/ Leamer. Background paper for World Bank World Development Report 2000/01, available here.  A related paper served as background research for an Inter-American Development Bank report on Nature, Development and Distribution in Latin America Evidence on the Role of Geography, Climate and Natural Resources.

 

Dormant Working Papers

Factor Price Equality and the Economies of the United States (November 2005). Joing w/ Bernard and Redding. (NOTE:  This is a substantially revised combination of two previous working papers entitled “Factor Price Equality and the Economies of the United States” NBER 8068) and “Factor Price Equalization in the UK?  A General Test and Evidence” (NBER 9052). 

Is Mexico a Lumpy Country? (June 2005) Joing w/ Bernard, Robertson.  This is a revised version of NBER Working Paper 10898.

A Note on Empirical Implementation of the Lens Condition (December 2004) Joint w/ Bernard, Robertson.

Ranking Countries According to the Value of Their Exports (December 2003)

Moving Up and Moving Out: Product-Level US Exports and Competition from Low-Wage Countries. (March 2002)

Land Abundance, Risk and Return: An HO Approach to FDI (May  1998)

Education, Development and Trade: What's the Relationship? (January, 1998)

Strategic Options:   Black-Scholes and Pearl Harbor (June 1997)

 

 

PhD Students

Amit Khandelwal (Yale PhD, 2008)
Matthais Helble (Geneva PhD, 2007)
A.V. Chari (Yale PhD, 2009)

 

Invited Presentations 1999-Present, By Paper

20.  Multi-Product Firms and Trade Liberalization
Egon Sohmen Symposium, Barcelona, 5/24/8
Penn State, 5/4/7
HEI, University of Geneva, 1/12/7

19.  Firms in International Trade
WTO, 1/11/7

18.  Transfer Pricing by U.S.-Based Multinational Firms
UBC, 11/3/6
Yale SOM, 3/29/6
UVA, 2/21/6

17.  Estimating Cross-Country Differences in Product Quality
University of Chicago GSB, 11/13/6
UCSC, 1/20/6
UCSD, 1/19/6
Columbia, 12/7/5
UCLA, 12/30/5
International Monetary Fund, 10/25/5
University of Maryland, 10/24/5
Board of Governors 10/13/5
Bank of Spain 9/29/5
NBER ITI, 8/1/5
NBER CRIW, 7/26/5

16. Multi-Product Firms and the Dynamics of Product Mix
Geroski Lecture, UK Competition Commission, London, 6/13/7
Georgetown, 4/29/5

15. Comparative Advantage and Heterogeneous Firms
Harvard, 10/6/4
Yale, 10/4/4

14. The Relative Sophistication of Chinese Exports
45th Economic Policy Panel Meeting (Frankfurt), 4/20/7
IMF China Trade Conference, 4/5/7
China Development Forum (Beijing), 3/17/7-3/19/7
NBER China Working Group, 10/1/4

13. Export Prices and the Divergence of Leaders and Followers on the International Quality Ladder
Michigan, 12/12/4

12. Product Choice and Product Switching Joint w/Bernard, Redding
CEPR Conference on Innovation and the Structure of Product Market Competition (London), 11/22/2

11. Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich? Joint w/ Redding.
Inter-American Seminar on Economics (NBER, Monterrey Mexico), 11/15/2
EIIT 9 (Emory) 11/8/2
LSE, 10/10/2

10. Trade Costs, Firms and Productivity Joint w/ Bernard, Jensen.
Carnegie-Rochester Conference on International Trade and Globalization, 11/18/5
CEU, Budapest, 6/14/3
Boston College, 11/18/2
EIIT 9 (Emory) 11/8/2
University of Maryland, 11/4/2
University of California, Santa Cruz, 10/11/2
Dartmouth Summer Camp, 8/2/2

9. Survival of the Best Fit: Low Wage Competition and the (Uneven) Growth of US Manufacturing Plants (w/ Bernard and Jensen)
AEA Anuual Meeting, Philadelphia, 1/9/4
University of Toronto, 11/4/3
Syracuse, 4/24/3
The Hemispheric Trade Debate Conference, Yale University 4/3/3
Yale University, 12/9/2
UCLA, 12/4/2
University of Michigan, 10/25/2
University of Texas, Austin, 10/21/2
University of Nottingham, 10/9/2
Federal Reserve Bank of New York, 5/17/2
NBER Univeristy Conference on Firms and Trade, 5/10/2
University of North Carolina, 4/18/2
University of Pennsylvania, 3/19/2

8. Moving Up and Moving Out: Product-Level US Exports and Competition from Low-Wage Countries
NBER ITI Spring Meeting, 3/14/2
University of California, Berkeley, 12/14/1
Yale School of Management, 11/28/1
Dartmouth College, 11/14/1
EIIT 8 (Purdue) 11/9/1

7. Across-Product versus Within-Product Specialization in International Trade
World Bank, 5/8/1
Columbia University, 12/13/0
University of California, Santa Cruz, 11/14/0
University of Oregon, 11/10/0
Princeton University, 10/20/0
NBER ITI Summer Institute 8/9/0
London School of Economics, (Visitor 5/27/0 - 6/2/0)
Yale School of Management, 4/26/0
Yale University, 3/27/0

6. Factor Price Equality and the Economies of the United States (w/ Bernard and Jensen)
NBER ITI Summer Institute 8/9/1
NBER Labor in the Global Economy Seminar, 5/11/1
Yale Department of Economics 4/2/1
EIIT 7 (Boulder) 11/4/00
NBER ITI Summer Institute 8/9/0

5. Has US Manufacturing Evolved In a Manner Consistent with Standard Trade Theory?
EIIT 6 (Purdue), 11/13/99

4. One Size Fits All? Heckscher-Ohlin Specialization in Global Production
University of Chicago GSB, 11/10/99
Beijing University CCER, 7/7/99
1999 Far Eastern Meeting of The Econometric Society (Singapore), 7/2/99
Job Market 1/99-3/99
EIIT 5 (Purdue), 11/14/98

3. Land Abundance, Risk and Return: An HO Linear Programming Approach to FDI
Workshop on Empirical Research into International Trade and Investment, June 19-22, 1998, Copenhagen, Denmark
Inter-American Development Bank (Washington DC), 3/27/98.

2. Education, Development and Trade: What's the Relationship?
EIIT 4 (Purdue), 11/1/97
Conference on Human Capital and Economic Development in Latin America (sponsored by AGSM CIBER), 5/31/97 (Topic: Are Latin American Workers Tool-Deprived?)
Conference on Economic Integration and Taiwan's Industry Restructuring (sponsored by National Cheng Chi University, Taiwan), 5/15/97. (Topic: Should Taiwan Invest in the Mainland?)

1. Concerts of Power and Regional Intervention (Joint with R. Rosecrance)
Conference on Regional Conflict in a Post Cold-War Era (sponsored by UCSD IGCC), 4/22/95

 


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