题目：Foreign Direct Investment, Roads, and Allocative Efficiency in Ethiopia

主讲人：Jose G. Asturias (U.S. Census Bureau)

主持老师：余淼杰、余昌华（北京大学国家发展研究院）

时间：2021年5月18日（周二）上午9:30-11:00

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https://zoom.com.cn/j/95365409407?pwd=cVVFYzZRRFBQVmwycTE2UTBHWTh2dz09

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密码：513486

摘要：Ethiopia has received substantial amounts of foreign direct investment (FDI) in its manufacturing sector over the last decade. We study the effect of these investments using a model of internal trade with variable markups. The model allows us to disentangle the various channels through which this policy can affect welfare, including changes in the allocative efficiency. We calibrate the model and find substantial gains from the presence of foreign firms, even though the presence of these foreign firms resulted in a modest worsening of allocative efficiency. We also find that large-scale road improvement projects undertaken since 1998 had positive effects on real income, including positive effects on allocative efficiency.

主讲人简介：Jose G. Asturias is currently working as Economist at Center for Economic Studies, U.S. Census Bureau. He was formerly Associate Professor at Georgetown University Qatar. He obtained Ph.D. degree and M.A. degree in Economics at University of Minnesota. He graduated from University of Pennsylvania with B.S. in Economics and B.A. in Mathematics from Wharton School and received magna cum laude. His fields of specialization are international trade and macroeconomics.