讲座题目:Trade Policy Uncertainty and Innovation: Firm Level Evidence from China's WTO Accession
报告人:刘青(对外经济贸易大学,教授)
报告时间:2017年4月6日(周四)上午10:00-11:30
报告地点:经管院B127
主办单位:数理经济与数理金融系
摘要:Major trade liberalization episodes are often followed with a surge of innovations. This paper proposes a novel channel that trade may affect innovation: a major trade liberalization largely removes policy uncertainty in the destination market, and therefore encourages firms to invest in innovation. To verify this linkage, we adopt a difference-in-differences approach to examine the impact of a reduction in trade policy uncertainty (TPU), due to China's WTO accession in 2001, on firm innovation activities. We find that uncertainty reduction significantly encourages firms' patent applications: sectors with larger reduction in uncertainty _led more patent applications after WTO accession. They also invest more in capital assets and import more foreign intermediate inputs.
简介:刘青,经济学教授,博士生导师,现任职于对外经济贸易大学国际经济贸易学院,研究领域为国际贸易与跨国投资/并购、全球化与创新/创业,分别于999策略白菜手机论坛、北京大学、香港大学获得学士、硕士、博士学位。在国际、国内一流和知名学术期刊发表论文20余篇,包括Journal of International Economics, Review of International Economics, The World Economy, China Economic Review, Review of Development Economics,《经济研究》,《世界经济》,《经济学季刊》,《数量经济与技术经济研究》等。参著学术专著3部,主持完成国家自科基金2项,应邀为多个部委与地方政府提供政策咨询,并接受CCTV、人民网、中国产经新闻、第一财经日报等大众媒体采访。他的个人主页是http://qingliu.weebly.com/