Growing Like China: Firm Performance and Global Production Line Position
| 主讲人 |
Zhihong Yu |
简介 |
<div>Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and how this evolves with productivity and performance over the firm lifecycle. We document a sharp rise in the upstreamness of imports, stable positioning of exports, and rapid expansion in production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more stages as they grow more productive, bigger and more experienced. This is accompanied by a rise in input purchases, value added in production, and fixed cost levels and shares. It is also associated with higher profits though not with changing profit margins. We rationalize these patterns with a stylized model of the firm lifecycle with complementarity between the scale of production and the scope of stages performed.</div> |
| 时间 |
2021-04-29(Thursday)16:40-18:00 |
地点 |
Room N302, Economics Building |
| 讲座语言 |
English |
主办单位 |
WISE & SOE, Xiamen University |
| 承办单位 |
WISE & SOE, Xiamen University |
类型 |
系列讲座 |
| 联系人信息 |
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主持人 |
Jianan Li |
| 专题网站 |
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专题 |
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| 主讲人简介 |
<div>Prof. Zhihong Yu is now an associate Professor at School of Economics, University of Nottingham, UK. He is the Associate Editor of The World Economy.</div> |
期数 |
高级经济学系列讲座第437讲 |
