【NSE WORKSHOP】Xiaodong Zhu: Trade, Migration and Productivity: A Quantitative Analysis of China

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【NSE WORKSHOP】Xiaodong Zhu: Trade, Migration and Productivity: A Quantitative Analysis of China

2016-10-12

[NSE Workshop] Trade, Migration and Productivity: A Quantitative Analysis of China

时间：2016年10月14日下午15:30-17:00

地点：朗润园万众楼小教室

主持人：徐佳君、王歆、王勇

主讲人：Xiaodong Zhu (University of Toronto)

Topic: Trade, Migration and Productivity: A Quantitative Analysis of China

[Abstract]

We study how misallocation due to goods- and labour-market frictions affect aggregate productivity in China. Combining unique data with a general equilibrium model of internal and international trade, and migration across regions and sectors, we quantify the magnitude and consequences of trade and migration costs. The cost were high in 2000, but declined afterward. The decline accounts for roughly two-fifths of aggregate labour productivity growth in China between 2000 and 2005. Reductions in internal rather than international costs are particularly important. Despite the decline, migration costs are still high and potential gains from further reform are large.

[Speaker]

Xiaodong Zhu is Professor of Economics at the University of Toronto and a Special-Term Professor at Shanghai Advanced Institute of Finance (SAIF). Professor Zhu’s research interests are growth and development, macroeconomics, Chinese economy, public economics, and financial economics. His papers have appeared in top economics journals such as The Journal of Economic Theory, Journal of Monetary Economics, and Journal of Political Economy. Professor Zhu was an editor of China Journal of Economics, and a co-editor of China Economic Review. He also serves on the editorial boards of the Annals of Economics and Finance and China Economic Quarterly.

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