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DTSTART:20251102T020000
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DESCRIPTION:The Moynihan Institutes' Trade\, Development and Political Econ
 omy working group welcomes Fernando Parro\, from the University of Rochest
 er.Parro will discuss how internal migration and trade openness influence 
 both spatial and overall economic growth\, particularly through the lens o
 f knowledge diffusion. Drawing on data from China's rapid growth period\, 
 Parro offers causal evidence that regions attracting migrants\, especially
  those from more productive areas\, and those exposed to international tra
 de\, experience faster knowledge accumulation.Parro presents a dynamic spa
 tial model where trade and migration are pivotal in driving forward-lookin
 g factor accumulation (labor and capital) and endogenous productivity grow
 th. Through quantitative analysis\, he sheds light on the profound role of
  initial spatial conditions on China's long-term economic trajectory\, emp
 hasizing the crucial interplay of factor accumulation and idea diffusion a
 cross various phases of transition.Fernando Parro is a professor of econom
 ics at the University of Rochester and a research associate at the Nationa
 l Bureau of Economic Research (NBER). He also serves as an associate edito
 r for the Economic Journal and a senior associate editor at Economics Lett
 ers. Fernando earned a Ph.D. in economics from the University of Chicago. 
 His research interests lie at the intersection of international trade and 
 spatial economics\, where he explores how trade\, migration\, and knowledg
 e diffusion shape economic growth and regional development.
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DTSTAMP:20260317T122900Z
DTSTART:20250317T194500Z
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SUMMARY:Fernando Parro: Mechanics of Spatial Growth
UID:RFCALITEM639093329405358000
X-ALT-DESC;FMTTYPE=text/html:<p>The Moynihan Institutes' Trade\, Developmen
 t and Political Economy working group welcomes Fernando Parro\, from the U
 niversity of Rochester.</p><p>Parro will discuss how internal migration an
 d trade openness influence both spatial and overall economic growth\, part
 icularly through the lens of knowledge diffusion. Drawing on data from Chi
 na's rapid growth period\, Parro offers causal evidence that regions attra
 cting migrants\, especially those from more productive areas\, and those e
 xposed to international trade\, experience faster knowledge accumulation.<
 /p><p>Parro presents a dynamic spatial model where trade and migration are
  pivotal in driving forward-looking factor accumulation (labor and capital
 ) and endogenous productivity growth. Through quantitative analysis\, he s
 heds light on the profound role of initial spatial conditions on China's l
 ong-term economic trajectory\, emphasizing the crucial interplay of factor
  accumulation and idea diffusion across various phases of transition.</p><
 p><strong>Fernando Parro</strong> is a professor of economics at the Unive
 rsity of Rochester and a research associate at the National Bureau of Econ
 omic Research (NBER). He also serves as an associate editor for the Econom
 ic Journal and a senior associate editor at Economics Letters. Fernando ea
 rned a Ph.D. in economics from the University of Chicago. His research int
 erests lie at the intersection of international trade and spatial economic
 s\, where he explores how trade\, migration\, and knowledge diffusion shap
 e economic growth and regional development.</p>
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