Event

The 2nd Firm and Industry Dynamics Workshop

The 2nd workshop continued the workshop series’ dialogue on firm dynamics, industrial growth, and policy. The workshop held at The University of Hong Kong in May 2024 and sponsored by the HKU Business School’s Institute of China Economy. Bringing together leading scholars from around the world, the workshop featured keynote lectures by Jan De Loecker and Kevin Fox, alongside sessions on productivity, markups, globalization, ownership, firm entry, and microdata.

Programme

Day 1

May 21, 2024 (Tuesday)

08:30 - 09:00

Registration

Tea and Coffee

09:00 - 09:05

Remarks

Opening Remarks

09:05 - 10:35

Keynote

"Combining Production and Demand Data to Estimate Markups"

Chair: Hongsong Zhang (HKU)

Jan De Loecker (KU Leuven)

10:35 - 10:50

Tea Break and Group Photo

Session

Productivity and Markups

10:50 - 11:40

"A Nonparametric Approach to the Measurement of Aggregate Markups"

Kevin Fox (UNSW Sydney)

11:40 - 12:30

"Multi-product Markups"

Scott Orr (UBC)

12:30 - 14:00

Lunch

Session

Globalization and Market Integration

14:00 - 14:50

"The Price of Globalization"

James Tybout (Penn State University)

14:50 - 15:40

"Transportation Network and Market Integration: Evidence from China"

Shengyu Li (UNSW Sydney)

15:40 - 16:00

Tea Break

16:00 - 16:50

"Local Corporate Taxes and the Geography of Foreign Multinationals"

Yuan Zi (Graduate Institute of International and Development Studies (IHEID))

16:50 - 17:40

"Returns to Scale, Productivity, and Markup: Revisit the Export Premium"

Hongsong Zhang (The University of Hong Kong)

18:45 - 21:00

Dinner

Day 2

May 22, 2024 (Wednesday)

08:30 - 09:00

Registration

Tea and Coffee

Session

Firm-Level Analysis and Ownership

09:00 - 09:50

"Estimating Capital-Labor Substitution in China: Evidence from Firm-Level Data"

Yifan Zhang (The Chinese University of Hong Kong)

09:50 - 10:40

"Initial Conditions, Size, and the Biggest Push in US History"

Zhimin Li (Peking University HSBC Business School)

10:40 - 11:00

Tea Break

11:00 - 11:50

"Firm Entry and Market Interdependence: Evidence from Anti-dumping Tariffs on Chinese Exports"

Chang Sun (The University of Hong Kong)

12:00 - 14:00

Lunch

Session

Data and IO Table

14:00 - 14:40

Keynote

Data Sharing

"Micro Data Research in Economics: Big Data, Big Opportunities, and a Heap of Trouble?"

Kevin Fox (UNSW Sydney)

14:40 - 15:10

"New IO Table in China Based on Transaction-Level Data"

Hongsong Zhang (The University of Hong Kong)

15:10 - 15:15

Remarks

Concluding Remarks

Hongsong ZHANG (HKU)

15:30 - 17:30

Session

Individual Meetings with Faculty Members and Students

Venue: Café 1951, SCR, 15/F K.K. Leung Building

18:30 - 21:00

Dinner