主题：The Global Effects of Industrial Policy
主讲人：Zheng (Michael) Song，香港中文大学伟伦经济学教授及经济系主任
时间：3月5日（周三）上午10:00-11:30
地点：4-101教室
语言：英文
摘要：
This paper studies the global effect of industrial policy. We develop a model with closed-form solutions to show the conditions under which subsidies in a foreign country reduce home welfare. The Chinese firm-level data is used to show the global welfare implications of Chinese industrial policies.
主讲人介绍：
Zheng (Michael) SONG is Wei Lun Professor of Economics and the Department Head at the Department of Economics, Chinese University of Hong Kong (CUHK). He is a Fellow of the Econometric Society and a Senior Fellow of Asian Bureau of Finance and Economic Research (ABFER). His research focuses on Chinese economy and macroeconomics. His papers were published by leading academic journals including American Economic Review, Econometrica and Journal of Political Economy. He won Sunyefang Economic Science Award in 2013. He is an Associate Editor of Econometrica, Journal of International Economics, and Review of Finance. He is a Co-Director of CUHK-Tsinghua Joint Research Center for Chinese Economy, a Co-Director of CUHK-Zhejiang University Joint Research Center for Digital Economy, a Distinguished Visiting Professor at Tsinghua University and Zhejiang University, and special-term professor at Peking University. He sits on Business Studies Panel of Research Grants Council of Hong Kong (RGC). He is a Currency Board Sub-Committee member of the Hong Kong Exchange Fund Advisory Committee. He is also an academic advisor to Hong Kong Institute for Monetary and Financial Research.
