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TOPIC:
TRADE AND FIRM DYNAMICS IN EMERGING ECONOMIES
SUMMARY
International trade was often believed to be one of the major contributors to the “East Asia Miracle”. As a result, developing countries around the world promote trade as an important avenue for technology upgrading, firm growth, and poverty alleviation. Such a process, however, is highly heterogeneous across empirical contexts, and more importantly, often encounter different technological constraints, policy distortions, and market frictions. In this lecture, I use several of my papers as examples and outline alternative pathways that connect trade to firms development in several emerging economies.
Daniel Yi Xu is a Professor of Economics at Duke University and a faculty research associate of the National Bureau of Economic Research. Professor Xu’s research lies at the intersection of Productivity, International Trade, and Industrial Organization. His current research agenda is concentrated on using large-scale microdata to model and estimate a rich set of individual firm decisions, often dynamic, and to investigate how these decisions affect resource allocation, industry performance, and economic growth especially in developing and emerging economies. Professor Xu’s most recent work has been published in leading economic journals, including the American Economic Review, the Rand Journal of Economics, the Review of Economic Studies, the Review of Economic Dynamics, and the Management Science. He is currently the co-editor of the Review of Economics and Statistics and an associate editor of the Rand Journal of Economics and AEJ: Applied. He previously served as the co-editor of the Journal of Development Economics, and associate editor for the Economic Journal, the Journal of Industrial Economics, the Journal of International Economics, Quantitative Economics, and the Review of Economics and Statistics.