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发展经济学workshop:Gainers and Losers of Political Instability: Evidence from the Anti-Japanese Demonstration in China
发布日期:2015-11-04 10:23 来源:北京大学国家发展研究院
11月4 日(星期三)下午2:00-3:30
发展经济学workshop
国发院中国经济研究中心 512会议室
主讲人:周泳宏, 暨南大学
主持老师:张晓波,席天扬,李力行
Gainers and Losers of Political Instability: Evidence from the Anti-Japanese Demonstration in China
This paper uses the 2012 anti-Japanese demonstration in China as a natural experiment to quantify and decompose the boycott on Japanese cars that immediately following the demonstration. We decompose the boycott effect into cancel effect and transfer effect. We find the latter, referring to potential consumers switching to buy cars of non-Japanese brands, accounts for at least 60% of total decline of Japanese car sales.
Such decline represents long-term loss of consumers of Japanese brands. We further find that the biggest gainers of the boycott are European cars while the smallest are Chinese domestic brands.
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