“国商论坛”第 75期将于6月15日10：00-11:30举行

报告题目：Input Prices, Productivity and Trade Dynamics-Long-run Effects of Liberalization on Chinese Paint Manufactures

报告人：  香港大学         经济系         张红松    副教授

报告地点：柳林校区通博楼B117A

主持人：  西南财经大学      国际商学院    蒋为      副教授

主讲内容：Input tariff liberalization encourages direct importing by lowering the relative price of directly imported intermediate inputs relative to domestic alternatives. In turn, the action of importing itself encourages productivity growth. We develop a dynamic structural model to illustrate how input tariff reduction affects trading decisions and firm performance. The model features firm heterogeneity in both input prices and productivity. We find a mild

short-term effect of input tariff liberalization from China's accession to WTO in the paint industry. The effect is amplified in the long run by induced trade participation, resulting in even higher aggregate productivity and lower input prices. Overall, this effect increases theaverage present firm value by 2.3 percent.

欢迎本院及其他相关单位有兴趣的教师、研究人员和研究生参加。

西南财经大学国际商学院

           2018年6月12日