【主題】Exchange Rate and Export Structure
【主講人】陸毅,現任新加坡國立大學經濟系副教授,2007年畢業于香港大學并獲得經濟學博士學位,2007-2010年在香港大學擔任助理教授。陸毅副教授研究興趣涵蓋國際貿易、中國經濟以及應用微觀經濟學等領域,研究成果見諸《Journal of International Economics》、《Review of Economics and Statistics》、《Journal of Economic Behavior and Organization》等SSCI權威期刊,以及《管理世界》、《經濟學(季刊)》等CSSCI頂級期刊。
【論文摘要】This paper studies whether changes in the exchange rate affect a country's export structure, using an arguably exogenous sudden appreciation of renminbi on July 21, 2005 as the main source of identification. Employing combined regression discontinuity and difference-in-differences approach, we show that China's export structure became more similar to that of the developed countries after the currency appreciation. We also find that the majority of the appreciation effect comes from the inter-firm resource reallocation rather than the inter-region or intra-firm resource reallocation.
【時間】2014年11月19日星期三下午3:00-5:00