La OMC anuncia el ganador del Premio de Ensayo para Jóvenes Economistas 2024
El ganador de la edición de 2024 del Premio OMC de Ensayo para Jóvenes Economistas es Carlos Góes, de la Universidad de California, San Diego
12 de septiembre del 2024.- El ganador de la edición de 2024 del Premio OMC de Ensayo para Jóvenes Economistas es Carlos Góes, de la Universidad de California, San Diego. El jurado otorgó el primer puesto a su artículo titulado “Trade, Growth, and Product Innovation” (Comercio, crecimiento e innovación de productos). La entrega del premio, dotado con CHF 5.000, tuvo lugar en la reunión anual del European Trade Study Group celebrada en Atenas (Grecia) el 12 de septiembre de 2024.
Winning essay
Carlos Góes’s paper examines the mechanisms through which trade integration can lead to product innovation.
«I explain how trade can induce countries and firms to introduce new products into the economy, thereby increasing economic growth. And I show that gains from trade are much larger than we knew before in the typical literature,» Mr Góes said.
«This is a great award, a very good surprise. The list of winners before is pretty remarkable so it was surprising and very rewarding to have received this award,» he said.
The paper makes significant theoretical, empirical and quantitative contributions to trade economics. Contrary to traditional trade theory, which suggests increased economic integration leads countries to produce a narrower range of goods, empirical evidence shows that EU member countries have produced more product varieties, invested more in research and development (R&D) and traded more than candidate countries that have not yet joined the EU. The paper highlights the substantial dynamic gains from trade, suggesting that previous literature may have significantly underestimated these gains. The paper estimates that dynamic gains from trade account for 65-90 per cent of the total welfare gains from the 2004 enlargement of the EU, when ten countries joined.
In the view of the Selection Panel, Carlos Góes’s «impressive paper» explores the impacts of changes in market access (trade costs) on growth rates and on welfare with a «magistral mastering» of the theoretical and quantitative economic tools.
Carlos Góes is a Brazilian national. He is a Ph.D. candidate in economics at the University of California, San Diego.
Selection panel
The Selection Panel comprised Beata Javorcik (Professor of Economics, University of Oxford), Ralph Ossa (Director, Economic Research and Statistics Division, WTO), Robert Staiger (Professor of Economics, Dartmouth University), and Alberto Trejos (Professor of Economics, INCAE Business School). Roberta Piermartini (Chief of Section, Economic Research and Statistics Division, WTO) coordinated the work of the Selection Panel.
