报告题目 | The Impact of Antitrust Law on Firm-Level output Reallocation |
报告人（单位） | 谭用（南京财经大学） |
主持人（单位） | 陈丰龙（东南大学） |
点评人（单位） | 高彦彦（东南大学）李昊（东南大学） |
会议时间 | 2024年11月20日（周三）下午15:00 地点：经管楼B203会议室 |
报告人简介 | |
谭用，南京财经大学教授、美国范德堡大学研究员，江苏省第六期333高层次人才工程中青年学术带头人，欧洲国际贸易研讨会(ETSG)、亚洲太平洋地区国际贸易研讨会(APTS)成员。论文发表于Review of Economics and Statistics，International Economic Review，Journal of Economic Behavior & Organization，Review of International Economics，China Economic Review，Economic Modelling，《经济研究》《经济学(季刊)》《世界经济》《统计研究》等国内外权威期刊，主持国家自然科学基金面上项目、国家自然科学基金青年项目以及教育部重大招标课题等重大课题。
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报告内容提要 | |
In this paper, we study the influence of the implementation of antitrust law on firm-level output allocation between domestic and foreign markets. The implementation of antitrust law in 2008 limits the capability of monopolistic firms in price setting and output controlling, and prohibits local protectionism which catalyzes factors’ mobility in domestic market. The DDD results indicate that although the implementation of the antitrust law boots firms’ domestic sales, it substantially reduces firm-level export revenues and probability. To uncover the potential mechanism and explain the empirical findings, we develop a model incorporating heterogeneous firms which face nontrivial output-adjustment costs. In response to any shock, the representative firm needs to sequentially decide (1) whether it want to change output level by paying the adjustment cost? (2) reallocate sales between the domestic and foreign markets to equate the marginal profit. Finally, we confirm the adjustment cost channel through presenting a plethora heterogeneous result.
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