【主题】Exchange Rate and Export Structure
【主讲人】陆毅,现任新加坡国立大学经济系副教授,2007年毕业于香港大学并获得经济学博士学位,2007-2010年在香港大学担任助理教授。陆毅副教授研究兴趣涵盖国际贸易、中国经济以及应用微观经济学等领域,研究成果见诸《Journal of International Economics》、《Review of Economics and Statistics》、《Journal of Economic Behavior and Organization》等SSCI权威期刊,以及《管理世界》、《经济学(季刊)》等CSSCI顶级期刊。
【论文摘要】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.
【时间】2014年11月19日星期三下午3:00-5:00