BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//UM//UM*Events//EN
CALSCALE:GREGORIAN
BEGIN:VTIMEZONE
TZID:America/Detroit
TZURL:http://tzurl.org/zoneinfo/America/Detroit
X-LIC-LOCATION:America/Detroit
BEGIN:DAYLIGHT
TZOFFSETFROM:-0500
TZOFFSETTO:-0400
TZNAME:EDT
DTSTART:20070311T020000
RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:-0400
TZOFFSETTO:-0500
TZNAME:EST
DTSTART:20071104T020000
RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTAMP:20260821T115315
DTSTART;TZID=America/Detroit:20261208T120000
DTEND;TZID=America/Detroit:20261208T130000
SUMMARY:Lecture / Discussion:LRCCS Noon Lecture Series | China’s Economic Slowdown: A Firm-Level Perspective
DESCRIPTION:Please note: This lecture will be held in person and virtually on Zoom. If you would like to attend via Zoom\, registration is required. Once you've registered\, joining information will be sent to your email. Register for the Zoom webinar at: https://myumi.ch/DW8j6\n\nThis talk develops a new representative firm-level dataset for Chinese manufacturing from 1998 to 2019 by combining tax\, registry\, and inspection records and correcting for sampling biases in existing administrative data. Using a CES production framework with firm-specific distortions\, the talk introduces a novel decomposition of aggregate TFP growth into efficient growth and changes in misallocation. The analysis documents a sharp slowdown in Chinese manufacturing productivity growth after 2010\, driven both by weaker incumbent-firm productivity growth and by a diminished contribution from firm turnover and reallocation.  \n\nLoren Brandt is a professor of economics at the University of Toronto specializing in the Chinese economy.  He has published widely on the Chinese economy in leading economic journals including the *American Economic Review*\, *the Quarterly Journal of Economics*\, *Review of Economic Studies*\, *Econometrica and the Journal of Political Economy*\, and been involved in extensive household and enterprise survey work in both China and Vietnam. With Thomas Rawski\, he completed *Policy\, Regulation\, and Innovation in China’s Electricity and Telecom Industries* (Cambridge University Press\, 2019)\, an interdisciplinary effort analyzing the effect of government policy on the power and telecom sectors in China. He was also co-editor and major contributor to *China’s Great Economic Transformation* (Cambridge University Press\, 2008)\, which provides an integrated analysis of China’s unexpected economic boom of the past three decades.  His current research focuses on issues of entrepreneurship and firm dynamics\, industrial policy and innovation\, and economic growth and structural change.
UID:150699-21909978@events.umich.edu
URL:https://events.umich.edu/event/150699
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Asian Languages And Cultures,China,Chinese Studies,Data,Economics
LOCATION:Weiser Hall - 10th Floor
CONTACT:
END:VEVENT
END:VCALENDAR