Local protectionism, regional production networks, and spatial allocation of firms in China
时间:2022年10月5日(周三)11:30-13:00
参与方式:腾讯会议845-9894-4759
主讲人:石襄禺(耶鲁大学)
参与老师:(国发院)李力行,席天扬,徐化愚,于航,王轩,易君健
(光华) 张晓波
(经院) 刘冲,吴群锋,曹光宇
论文摘要:Local protectionism disrupts buyer-supplier chains, since it requests local firms to buy the outputs of other local firms as inputs. Hence, it is an important factor for firms' location choices, as buyer-supplier chains affect profitability. I study how local protectionism shapes the spatial allocation of firms through disrupting production networks. Using a spatial regression discontinuity design, I find that local protectionism causally affects firm entry and exit. Favoritism susceptible to corruption by local career-driven leaders is the driver of the effects. A novel spatial quantitative model indicates that eradicating local protectionism enhances welfare, by facilitating interregional transactions.
Paper Link: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4091096
主讲人简介:Xiangyu Shi is now an economics PhD candidate at Economics Department, Yale University. He got his bachelor’s and master’s degrees both in Peking University. His fields of interest are the political economy of development, trade, industrial organization, and environmental economics. Most of his research focuses on issues related to networks and firm dynamics. He has published two papers on Journal of Development Economics, and has several papers under review at leading economic journals.