时间：2019年10月25日（周五）15:00-16：30
地点：嘉庚二号楼501教室
题目：Government Credit and Trade War
报告人：杨恩东，澳门大学财务学助理教授 主持人：司毅，厦门大学财务管理与会计研究院会计学助理教授 |
讲座内容：
Using transaction-level trade data from China Customs and loan data from the China Development Bank (CDB), we analyze how government credit affects trade activities. CDB credit to strategic industries at the top of supply chains leads to lower prices, higher amounts, and more product varieties and destinations of exports for firms in downstream industries. This increased import competition crowds out U.S. firms in the same industry but crowds in downstream firms. In recent trade war, U.S. government strategically raised tariffs on China’s imports that compete with domestic manufacturers rather than the imports that are used as inputs for U.S. firms.
杨恩东于南洋理工大学获得数学学士学位和财务学博士学位，主要研究领域包括公司财务实证研究、公司社会责任等。