大陆成人直播

国际经济学与实证产业组织workshop:"It’s Not You, It’s Me”: Prices, Quality and Switching in U.S.-China Trade Relationships

发布日期:2019-04-03 10:24    来源:

 

时间:2019年4月9日(周二)10:00-11:30 am

地点:大陆成人直播-成人直播中文 致福轩会议室

主持人:黄益平、余淼杰、 余昌华、邢剑炜

主讲人:Ryan Monarch(Federal Reserve Board)

题目:"It’s Not You, It’s Me”: Prices, Quality and Switching in U.S.-China Trade Relationships

摘要:Costs from switching suppliers can affect prices by discouraging buyer movements from high- to low-cost sellers. This paper uses confidential data on U.S. importers and their Chinese exporters to investigate these costs. I find barriers to supplier adjustments: nearly half of importers keep their partner, and one-third of switching importers remain in the same city. Lower prices and higher quality imply less switching. I propose and structurally estimate a dynamic discrete choice model to compute switching costs. Cost estimates are large, heterogeneous across products, and matter for trade prices: halving switching costs reduces the U.S.-China Import Price Index by 14.2%.

 

主讲人简介:Dr. Monarch is a senior researcher in the Board of Governors of the Federal Reserve System. He received his Ph.D. from the University of Michigan. His main research interests is international trade, industrial organization, applied microeconomics and Chinese economy. His current research is particularly concerned with the value of trade relationships and the gains from global trade.

 

 

 

 


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