时间：2016年5月11日（周三）10：30－12：00 am

 

地点：北大国发院/中国经济研究中心512教室

 

主持人：余淼杰、余昌华

 

主讲人：Chong Kee YIP 叶创基 The Chinese University of Hong Kong

 

题目：Technology Assimilation and Aggregate Productivity

 

摘要：This paper develops a technology assimilation framework to explain how domestic firms uncover global technologies under limited technique availability and production flexibility. We construct a micro-founded measure of endogenous total factor productivity (TFP) based on the interaction of stage-dependent local knowledge of a country with advanced foreign technologies. We then perform development and growth accounting exercises to better understand the large and widening TFP gaps across countries and over time. By comparing our results with other popular models, we find that the success of assimilation of frontier technologies can be instrumental in differentiating miracle economies from trapped economies. About half of the rapid growth experienced in miracle economies can be attributed to successful assimilation, whereas about one third of the negative growth outcome in trapped economies is due to the lack of it or backward assimilation. This finding suggests that an adequate provision of correct incentives and institutional settings is crucial for domestic firms to assimilate relevant frontier technologies in a way that is suitable for their development stages.

 

主讲人简介：Chong Kee YIP 叶创基现为香港中文大学经济学教授，经济系研究生部主任。叶创基教授博士毕业于Penn State University，并获有Penn State经济学和统计学双硕士学位和香港中文大学学士学位；其主要研究领域为金融发展和内生增长、货币增长模型以及小型货币经济中的政策分析。叶创基教授拥有极为出色的发表纪录，在Economic Journal, International Economic Review, Review of Economics and Statistics, Journal of International Economics, Journal of Economic Theory以及Journal of Money, Credit and Banking等著名期刊上发表过数十篇论文。

 

演讲者所用文章请见附件 PKU_CCER_version 。