description Jonathan Eaton Overview
Jonathan Eaton is an American economist and a professor at Penn State University. He is recognized for co-developing the Eaton-Kortum model with Samuel Kortum in 2002. This framework became a foundational element of modern quantitative trade theory by linking technology diffusion, productivity, and comparative advantage. His research provides economists with mathematical tools for analyzing international trade flows and the global distribution of technological innovation.
insights Ranking position
Jonathan Eaton ranks #137 of 253 in the Economist ranking, behind Steven Berry, ahead of Ariel Rubinstein.
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What is the Eaton-Kortum model of trade?
The Eaton-Kortum model, published in 2002, is a cornerstone of modern quantitative trade theory. It provides a mathematical framework to explain how technology differences between countries drive international trade flows.
Who did Jonathan Eaton co-develop his famous trade model with?
Jonathan Eaton co-authored the foundational 2002 paper with economist Samuel Kortum. Their combined work solved long-standing problems in the Ricardian model of comparative advantage.
What universities has Jonathan Eaton taught at?
Throughout his esteemed career, this American economist has held faculty positions at several top institutions, most notably Boston University and Penn State University. He is currently a professor at New York University (NYU).
How did the Eaton-Kortum model change international economics?
Before their 2002 paper, economists struggled to accurately map how technology diffuses globally. The model provided a rigorous, measurable way to analyze how trade barriers impact wages and technology adoption, directly leading to the modern "gravity models" of trade.
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