暨南经院学术系列活动
区域科学系列 Seminar 第8期
主题 : Administrative Barriers, Market Integration and Economic Growth: Evidence from China
主讲人:吴明琴教授(华南师范大学)
主持人:武文杰教授
时 间:2021年4月12日,上午9:30-11:00
地 点:威尼斯欢迎你welcome(中惠楼)102室
摘要
Along with the reduction in transportation costs in the last two centuries, institutional trade barriers have become increasingly important obstacles to further market integration. This paper examines the impact of a policy reform in China that removed inter-regional administrative trade barriers by incorporating counties into prefectures with a larger market. Using a difference-in-differences approach, we compare incorporated counties, both before and after the reform, to two novel control groups: counties that applied for incorporation but failed and counties that were incorporated several years later. We find that the reform immediately and persistently increased the economic growth of incorporated counties. Several sources of evidence suggest that treated counties experienced relatively rapid growth because they became more integrated into the domestic market. First, using an indirect measure of protection, we find that the reform significantly reduced local protectionism between incorporated counties and their corresponding prefectures. Second, market shares of more productive sectors increased in treated counties following the re-form. Third, firms producing tradable goods rapidly entered treated counties. Finally, less profitable firms in treated counties were more likely to exit.
★主讲人简介★
吴明琴,华南师范大学经济与管理学院教授,经济研究所所长。主要研究方向为发展经济学和区域经济学。主持国家自然科学基金、广东省软科学等多个项目。在Journal of Development Economics、Journal of Environmental Economics and Management、Regional Science and Urban Economics、Journal of Regional Science、China Economic Review、《经济研究》《经济学(季刊)》等期刊发表论文多篇。