Marc Melitz
HARVARD UNIVERSITY. Professor of Political Economy. Research interests are in international trade and investment. More specifically, he studies producer-level responses to globalization, and their implications for aggregate trade and investment patterns.

The Jones Act and the Cost of Shipping Between U.S. Ports

October 19, 2017

The Issue:

The efforts to help Puerto Rico recover from Hurricane Maria, which made landfall on the island on September 20, 2017, have brought attention to a previously little-known piece of legislation, the Jones Act. This act prevents foreign-owned or operated vessels from shipping between ports in the United ...
Read more

What Do We Learn from Bilateral Trade Deficits?

May 25, 2017

The Issue:

The Trump administration proposes using United States’ trade deficits with its trading partners to gauge whether the trading relationship with that country is “fair.” An executive order signed on March 31 requires officials to produce an “omnibus” report naming U.S. trading partners with “significant” ...
Read more

Driving Home the Importance of NAFTA

January 29, 2017

The Issue:

Trade deals like the 1994 NAFTA agreement were widely chastised by both major party candidates during the presidential campaign. President Trump has called NAFTA “the single worst trade deal ever approved in this country” and has made its renegotiation a central part of his economic policy. But, in ...
Read more