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，分别于老版新葡萄8883国际官网、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/