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10月24日,樊海潮(复旦大学)
发布时间:2018-10-23   发布人:zs   点击数:243

报告人:樊海潮,复旦大学

时间:10月24日(周三)上午9:30—11:30

地点:博学楼1227教室

题目:Quality, Variable Markups, and Welfare: A Quantitative General Equilibrium Analysis of Export Prices

摘要:Modern trade models attribute the dispersion of international prices to physical and man-made barriers to trade, to the pricing-to-market by heterogeneous producers, and to differences in the quality of output offered by firms. This paper analyzes a quantitative general equilibrium model that incorporates all three of these mechanisms. Estimating the model's parameters from Chinese firm-level trade data, we find that our model incorporating both endogenous quality and per unit trade costs implies lower gains from trade relative to the model without variable quality. This is because these costs, combined with ``Washington Apples'' effects, are a greater burden on the most productive firms and change the effective distribution of productivity. We also show that changes in specific trade costs induce larger shifts in export prices than do changes in ad valorem trade costs that equivalently restrict trade. The results highlight the importance of modeling ``Washington Apples'' effects in quantitative trade models.

报告人简介:Haichao Fan(樊海潮) has publications on Review of Economics and Statistics, Journal of International Economics, Economic Journal, Journal of International Money and Finance, Journal of Economic, Dynamics and Control, Journal of Comparative Economics.

 

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