主講人：何玉禎對(duì)外經(jīng)濟(jì)貿(mào)易大學(xué)助理教授
主持人：高翔上海對(duì)外經(jīng)貿(mào)大學(xué)國(guó)際經(jīng)貿(mào)學(xué)院博士
時(shí) 間：2019年06月18日 上午 09:00
地 點(diǎn)：上海對(duì)外經(jīng)貿(mào)大學(xué)博識(shí)樓113
主講人簡(jiǎn)介
何玉禎，助理教授，現(xiàn)就職于對(duì)外經(jīng)濟(jì)貿(mào)易大學(xué)全球價(jià)值鏈研究院。2016年畢業(yè)于美國(guó)喬治華盛頓大學(xué)，獲經(jīng)濟(jì)學(xué)博士學(xué)位。主要研究方向?yàn)閲?guó)際貿(mào)易，特別是與全球價(jià)值鏈有關(guān)的問題。曾就職世界銀行任咨詢顧問，以及經(jīng)濟(jì)合作與發(fā)展組織任經(jīng)濟(jì)學(xué)家。
報(bào)告摘要
There have been studies on the linkages through which the 2008 financial crisis originated from the U.S. spread to the real economy on a global scale; however, there is little evidence on the role of those linkages in subsequent recovery. This paper empirically examines the trade linkages that might have affected firm growth in 80 countries in both the 2008-2009 Great Recession and the 2010-2014 recovery years. We find that during recession, firms suffered more in industries with greater sensitivity to trade, particularly in countries more open to trade, while grew faster during recovery. We further check the role of trade linkages together with the severity of the financial shock by classifying firms as ones in countries experienced financial crisis or not. We find that the suffering of financial crisis mattered for the slower growth of firms with more trade exposure during both recession and recovery. On the contrary, the double-edged sword of trade linkages was more observable for firms in countries not experienced financial crisis.