经济与社会研究院SEMINAR第8期

题目：Off shoring and Wage Inequality: Theory and Evidence from China

报告人：盛柳刚

时间：2016年9月2日下午14:30-16:00

地点：暨南大学经济学院楼102室

主办方：暨南大学经济与社会研究院

报告人简介：

Professor Liugang Sheng is an Assistant Professor of the Department of Economics in the Chinese University of Hong Kong. He is also the director of the Trade and Development Programme of the Economic Research Centre of the Hong Kong Institute of Asia-Pacific Studies. His research interests cover international trade, international macroeconomics, and economic development. His papers have been published in (or accepted by) many reputable international and Chinese journals including Quarterly Journal of Economics, Journal of Development Economics, Journal of Applied Econometrics, Pacific Economic Review, China Economic Quarterly, and Law and Social Sciences. Prof. Sheng received his PhD in economics from University of California, Davis in 2012. He also obtained MA in economics from Virginia Tech in 2008. Before he went to US, he received the bachelor and master degree from Peking University in 2002 and 2005 respectively.

Abstract:

We develop a global production sharing model that integrates the frameworks of ownership structure of offshoring and the determination of relative wages in developing countries. The model shows that FDI offshoring contributes more prominently than arm’s length outsourcing to the demand for skill in the South, which raises the returns to education. By incorporating these theoretical results into an augmented Mincer earnings function, we test the model using a natural experiment in which China lifted its restrictions on foreign ownership of FDI upon its accession to the WTO. Empirical findings based on detailed Urban Household Surveys and trade data from Chinese customs provide support to the proposed theory, thus shedding light on the changes in firm ownership structure, the skill content of exports, and the evolution of wage inequality for the period of 1992-2008 in China.

Professor Liugang Sheng