[宏观经济学研讨会]Growing Like China
发文时间:2013-04-18

ECON201307

宏观经济学研讨会

(总第136期)

【时间】2013424日(周)12:15-13:45

【地点】明主0304教室

【主讲】陈小亮 中国人民大学经济学院

【主题】

Growing Like China (written by Zheng Song, Kjetil Storesletten, and Fabrizio Zilibotti, American Economic Review, 2011)

【摘要】

We construct a growth model consistent with China’s economic transition: high output growth, sustained returns on capital, reallocation within the manufacturing sector, and a large trade surplus. Entrepreneurial firms use more productive technologies, but due to financial imperfections they must finance investments through internal savings. State-owned firms have low pro- ductivity but survive because of better access to credit markets. High-producti- vity firms outgrow low-productivity firms if entrepreneurs have sufficiently high savings. The downsizing of financially integrated firms forces domestic savings to be invested abroad, generating a foreign surplus. A calibrated version of the theory accounts quantitatively for China’s economic transition.

【主持】陈彦斌 教授

人大宏观经济学研讨会(Macro Workshop)旨在追踪宏观经济学国际最新进展,倡导构建符合国情的动态优化模型,并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。

联系人:陈伟泽  E_mail: sysu2006vc@126.com

更多讲座信息欢迎访问se.ruc.edu.cnwww.yanjiuyuan.com.cn

经济学院

中国经济改革与发展研究院