David Hummels

Journal Articles

• Hummels, D., Munch, J, & Xiang, C. (2018). Offshoring and Labor Markets. Journal of Economic Literature, vol. forthcoming
• Hummels, David; Lee, Kwan Yong (2018). The Income Elasticity of Import Demand: Micro Evidence and an Application. Journal of International Economics, vol. forthcoming
• Hummels, D., Jorgensen, R, Munch, J, & Xiang, C (2014). The Wage Effects of Offshoring: Evidence from Danish Matched Worker-Firm Data. American Economic Review, vol. 104 (6), 1597-1629.
• Hummels, D. and Schaur, G. (2013). Time as a Trade Barrier. American Economic Review, vol. 103 2935-59.
• Hummels, D, Munch, J, & Xiang, C (2013). Education and Labor Market Policies in an Offshoring Global Economy. Nordic Economic Policy Review, 75-98.
• Cristea, A., Hummels, D., Puzzello, L., and Avetisyan, M. (2013). Trade and the Greenhouse Gas Emissions from International Freight Transport. Journal of Environmental Economics and Management, vol. 65 153-173.
• Hummels, D., Munch,J., Skipper,L., Xiang C. (2012). Offshoring, Transition and Training: Evidence from Danish Matched Worker Firm Data. American Economic Review P&P, vol. 102 424-428.
• Hummels, David and Schaur, Georg (2010). Hedging Price Volatility Using Fast Transport. Journal of International Economics, vol. 82 15-25.
• Choi, Yo Chul, Hummels, David and Xiang, Chong (2009). Explaining Import Quality: The Role of the Income Distribution. Journal of International Economics, vol. 77 265-275.
• Hummels, D & Lugovskyy, V. (2009). International Pricing in a Generalized Model of Ideal Variety. Journal of Money Credit and Banking, vol. 41 (777), 3-33.
• Hummels, David, Lugovskyy,Volodymyr and Skiba, Alexandre (2009). The Trade Reducing Effects of Market Power in International Shipping. Journal of Development Economics, vol. 89 84-97.
• Hillberry, R. & Hummels, D. (2008). Trade Responses to Geographic Frictions: A Decomposition Using MicroData. European Economic Review, (52), 557-550.
• Hummels, David (2007). International Transportation Costs and Trade In the Second Era of Globalization. Journal of Economic Perspectives, vol. 21 131-154.
• Hertel T, Hummels D, Ivanic M, et al. (2007). How Confident Can We be of CGE-Based Assessments of Free Trade Agreements?. Economic Modelling, vol. 4 (24), 611-635.
• Hummels, D., & Lugovskyy, V (2006). Are Matched Partner Trade Statistics Usable Measures of Transportation Costs?. Review of International Economics, vol. 14 (1),
• Hummels, D., & Klenow, P. (2005). The Variety and Quality of a Nation's Exports. American Economic Review, vol. 95 (3), 704-723.
• Hummels, D., & Skiba, A. (2004). Shipping the Good Apples Out? An Empirical Confirmation of the Alchian-Allen Conjecture. Journal of Political Economy, vol. 112 (6), 1384-1402.
• Haveman, J., & Hummels, D. (2004). Alternative Hypotheses and the Volume of Trade: The Gravity Equation and the Extent of Specialization. Canadian Journal of Economics, vol. 37 (1), 199-218.
• Hummels, D. (2004). Review of Free Trade Under Fire (by Douglas Irwin). Journal of Economic Literature, 521-522.
• Hillberry, R., & Hummels, D. (2002). Intra-National Home Bias: Some Explanations. Review of Economics and Statistics, vol. 85 (4), 1089-1092.
• Hummels, D. (2002). Review of Globalization and the Theory of Input Trade (by Ron Jones). Journal of International Economics, Vol 57, 491-493.
• Hummels, D. (2002). Review of Fragmentation: New Production Patterns in the World Economy (by Arndt and Kierzkowski). Journal of Economic Georgraphy, Vol 2, 368-369.
• Hummels, D., Ishii, J., & Yi, K. (2001). The Nature and Growth of Vertical Specialization in World Trade. Journal of International Economics, vol. 54 (1), 75-96.
• Hummels, D., Rapaport, D., & Yi, K. (1998). Vertical Specialization and the Changing Nature of World Trade. Economic Policy Review, Federal Reserve Bank of New York. 79-99.
• Hummels, D., & Haveman, J. (1998). Trade Creation and Trade Diversion: New Empirical Results. Journal of Transnational Management Development, vol. 3 57-72.
• Hummels, D., & Levinsohn, J. (1995). Monopolistic Competition and International Trade: Reconsidering the Evidence. Quarterly Journal of Economics, Worth, N. Y.. vol. 110 (3), 799-836.
• Hummels, D., & Stern, R. (1994). Evolving Patterns of North American Merchandise Trade and Foreign Direct Investment 1960-1990. World Economy, vol. 17 29-May.
• Hummels, D., & Brown-Kruse, J. (1993). Gender Effects in Laboratory Public Goods Contribution: Do Individuals Put Their Money Where Their Mouth Is?. Journal of Economic Behavior and Organization, vol. 22 255-267.
• Hummels, D., & Levinsohn, J. (1993). Product Differentiation as a Source of Comparative Advantage. American Economic Review Papers and Proceedings, vol. 83 445-449.

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  What Next?

  Purdue University’s sesquicentennial celebration marks a time for the university to renew its commitment to growth, discovery and innovation. What giant leaps will the next 150 years bring as Purdue continues its drive to meet the world's future challenges? David Hummels, dean of the Krannert School of Management, shares his thoughts on the future of the school over the next 150 years.

  Full story: What Next?

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  Nobel Ideas

  Purdue’s Krannert School of Management presented a public panel discussion sponsored by the Hugh and Judy Pence family that focused on interdisciplinary perspectives on early childhood development and a fireside chat with Nobel Laureate James Heckman as part of an Economic Ideas Forum in April that served as the inaugural event of the University’s growing economic research center.

  Full story: Nobel Ideas

• The DCMME Center

  Dean Hummels with Steve Dunlop discuss the DCMME Center

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  Killer Jobs

  It may seem obvious to those who suffer the most, but a working paper issued by the National Bureau of Economic Research by Krannert economics professors Chong Xiang and David Hummels provides confirmation: Employees under prolonged workplace pressures face serious consequences to their health.

  Full story: Killer Jobs

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  Krannert economists link higher work demand to potentially serious health risks

  Employees under prolonged workplace pressures face serious consequences to their health, according to a working paper issued by the National Bureau for Economic Research coauthored by Krannert professors David Hummels and Chong Xiang.

  Full story: Krannert economists link higher work demand to potentially serious health risks

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  Purdue launches online analytics degree

  Purdue University’s Krannert School of Management will begin offering an online Master’s in Business Analytics in fall 2020. The degree is aimed at working professionals. Students will receive broad exposure to various functional areas of business and how they use information to make better-informed decisions. The U.S. Bureau of Labor Statistics estimates the need for business analysts to increase 14% by 2024, and this degree will prepare participants for a wide variety of roles within the industry.

  Full story: Purdue launches online analytics degree

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  Great Learning launches post-grad digital business program in collaboration with Purdue's Krannert School
  World class future-oriented business education now accessible to management aspirants through Great Learning's launch of the Post Graduate Diploma in Digital Business Program in collaboration with Purdue University's Krannert School of Management and Purdue Online. Great Learning is India’s leading ed-tech company and collaborates with leading academic institution's in more than 15 countries.
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  Purdue trustees approve Krannert School named and distinguished faculty positions
  The Purdue University Board of Trustees on Friday (June 14) ratified seven named and distinguished faculty positions, including three within the Krannert School of Management. David Hummels was named a Distinguished Professor of Economics, Mohit Tawarmalani was named the Allison and Nancy Schleicher Chair in Management, and Annabelle Feng was named the John and Donna Krenicki Chair in Operations Management. Trustees also issued resolutions of appreciation for friends of the university whose names will be added to campus facilities.
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  Multimillion-dollar gift supports Purdue business analytics leadership
  WEST LAFAYETTE, Ind. — Purdue University alumnus John Krenicki Jr. and his wife, Donna, have given a $5 million gift to a business analytics center in the Krannert School of Management. As a result, the Business and Information Analytics Center will now be known as the John and Donna Krenicki Center for Business Analytics and Machine Learning, pending Board of Trustees approval.
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  Fortune 500 CEO and Purdue alumnus Sam Allen endows Krannert School deanship
  A Fortune 500 CEO and Purdue University alumnus has created an endowed deanship at his alma mater’s business school. Samuel Allen, chairman and chief executive officer of Deere & Co., made a $5 million gift to name the deanship and provide resources for strategic initiatives within the school. The position will be known as the Dr. Samuel R. Allen Dean of the Krannert School of Management.
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  Global business school powerhouses to offer dual degree program in business analytics
  Leading Indian business school NMIMS is teaming up with Purdue University’s Krannert School of Management to offer students two degrees in the rapidly growing field of analytics. Upon successful completion of the two-year program, participants will earn a Master of Business Administration in decision science and analytics from NMIMS and a Master of Science in business analytics and information management (MS BAIM) from Purdue.
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  What will the next 150 years bring for the Krannert School of Management?
  The sesquicentennial celebration marks a time for Purdue to renew its commitment to growth, discovery and innovation. What giant leaps will the next 150 years bring as Purdue continues its drive to meet the world's future challenges? In this new monthly Purdue Today series, Purdue's deans will share their thoughts on the future of their college over the next 150 years. The series begins with David Hummels, dean of Krannert School of Management.
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  Author of the Hollywood hits ‘The Blind Side’ and ‘Moneyball’ to speak at Krannert
  Michael Lewis, best-selling author of “The Blind Side” and “Moneyball,” will engage in a Q&A session with Krannert Dean David Hummels at 7 p.m. Oct. 16 in Stewart Center’s Loeb Playhouse. Lewis released his new book, “The Fifth Risk,” Oct. 2. “The Fifth Risk” will take a close look at the internal upheaval in the departments of Energy, Agriculture and Commerce that took place during the transition from President Barack Obama to President Donald Trump.
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  Krannert hosts inaugural Data Science for Business and Economics Conference
  Hosted in May by Krannert's Business Information and Analytics Center (BIAC), Purdue's inaugural conference on Data Science for Business and Economics featured speakers from a variety of academic disciplines whose research explores the use of data science to solve real-world problems.