description Samuel Kortum Overview
Samuel Kortum is an American economist and a professor at Yale University. He is recognized for his collaborative research with Jonathan Eaton, specifically the co-development of the Eaton-Kortum model published in 2002. This theoretical framework successfully links technology diffusion and comparative advantage, providing a mathematical foundation for modern quantitative trade theory. His research equips economists with analytical tools to study international trade flows and technological innovation.
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What is the Eaton-Kortum model of international trade?
Co-developed by Samuel Kortum and Jonathan Eaton in 2002, it is a foundational model that links technology diffusion to comparative advantage. It demonstrates how differences in technology and geographic frictions drive global trade flows.
Where does Samuel Kortum work as an economics professor?
Samuel Kortum is an American economist who currently holds a faculty position at Yale University. He specializes in macroeconomics and international trade theory within the university's economics department.
What are the key features of Samuel Kortum's economic research?
His research primarily focuses on the economics of innovation, technology, and international trade. He frequently uses quantitative models to explain how ideas and technologies diffuse across different countries and impact productivity.
Did Samuel Kortum win any major awards for his research?
Yes, Samuel Kortum was awarded the prestigious Frisch Medal in 2004 alongside Jonathan Eaton for their highly influential Eaton-Kortum model. This award is given by the Econometric Society for outstanding applied theoretical papers.
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