题目：Processing Trade and Global Diffusion of Ideas

演讲者：邓建鹏博士，美国宾夕法尼亚州立大学

时间：2018年1月19日（星期五）上午9.00-10.30

地点：国际工商管理学院221

摘要：Processing trade allows firms to claim an import duty exemption for imported intermediates used to produce exports. I study the welfare implication of this policy in a multi-country growth model in which ideas di?use through trade. New potential producers continuously arrive in each country, and learn from all the sellers operating in the country (including foreign sellers). If a country is far from world technology frontier, processing trade a?ects the welfare in the country through a trade-o?between the loss of varieties (static losses) and the increase in aggregate productivity (dynamic gains). The calibrated model shows that China’s welfare decreases by 7.6% if China eliminates the duty drawback for processing trade, and the magnitude of the dynamic gains is about three times larger than that of the static losses.