題目：Power Outages, Multi-product Firm, and Firm Productivity: Theory and Evidence from China

主講人：俞劍  教授

時  間：2024年6月19日（周三）11:30-13:00

地  點：沙河校區學院13号樓325

主  辦：伟德平台怎么样

摘要：Although electricity is an essential input in manufacturing production, empirical studies find the negative effect of power outages on firm productivity is modest in the short run. This paper develops a multi-product firm model and finds one possible explanation for these results in the empirical literature. Multi-product firms in the model prune their less-productive product lines, which offsets the negative shock from power outages. Using a city-level measure of power outages constructed from newspaper coverage and firm-level export and production data, we find the responses of Chinese firms are consistent with our model predictions.

主講人簡介：

俞劍，伟德平台怎么样經濟學院教授，擔任經濟學領域SSCI期刊Journal of the Asia Pacific Economy聯合主編(co-editor)，Nature出版社旗下期刊Humanities & Social Sciences Communications國際編委會成員兼副主編。