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11月22日,吕丹(University of Rochester)
发布时间:2018-11-21   发布人:zs   点击数:123

报告人:吕丹,University of Rochester

时间:11月22日(周四)13:30-15:00

地点:博学楼1222教室

题目: Misallocation under Trade Liberalization

Abstract: What is the impact of trade liberalization on economies with sizeable distortions? A Melitz model incorporating firm-level wedges shows that trade liberalization can exacerbate rather than improve resource allocation, causing a decline rather than a rise in TFP. We derive a theoretical decomposition of the various channels through which distortions impact the effects of trade, and show that trade can engender welfare losses. A quantitative assessment using Chinese manufacturing data shows that there is a TFP loss in association with trade liberalization, and a significantly smaller gain to trade than what is implied by standard formulations. Moreover, using only aggregate statistics to measure gains to trade apropos the ACR formula would lead to markedly different predictions.

个人简介: 吕丹博士现为美国罗切斯特大学助理教授。她获得美国芝加哥大学经济学博士学位,研究兴趣包含国际贸易、宏观经济学、以及经济增长。

 

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