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手机验证领28彩金不限id第324期:3月17日顾诗骏助理教授
浏览次数: 次  | 发布时间:2021-03-17

手机验证领28彩金不限id第324期:319顾诗骏助理教授

本期主题: Firm Dynamics and SOE Transformation During China’s Economic Reform

摘要:

We study the transformation of state-owned enterprises (SOEs) during China’s Economic Reform and quantify the effect of the SOE reform on the aggregate economy. We first document empirically that small SOEs exited or became privatized, whereas big SOEs became corporatized while remaining under state control. Then, we build a heterogeneous-firm model featuring financial frictions, endogenous entry and exit, and firm ownership choices. Our model reconciles the fact that the state sector is declining on the aggregate level but increasing in average firm size. In a counterfactual experiment, we find that if a Russia-style SOE reform (privatization or exit) is implemented in China, the annual aggregate output loss could be as large as 16 percent.


报告人:顾诗骏助理教授, 中央财经大学经济学院

时间:319日(周五) 12:15

地点:明德主楼515交流室


报告人简介:

Shijun Gu is currently an Assistant Professor in School of Economics, Central University of Finance and Economics. He received his Ph.D. degree in economics from the University of Minnesota. Dr. Gu’s research interests center on Macroeconomics, labor economics and the Chinese economy.

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