Institute for Economic and Social Research

Seminar | Hong Ma, Tsinghua University

2023-04-28

Time:2023/04/28 (Fri.), 10:00 -11:30 am (Beijing Time)

Title:    Super Factory Comes to Town: Identifying the Agglomeration Spillovers from Foxconn Factory in Henan

Venue:  Zhonghui Building 106





About the speaker:

马弘,教授、博导、经济系系副主任、国家级青年人才计划获得者。2002年毕业于复旦大学经济学院世界经济系,获学士学位;2009年获得加州大学戴维斯分校(UC,Davis)经济学博士学位。

马弘教授从事中国经济领域的研究工作,主要集中在国际贸易和经济发展等方向。在Review of Economics and Statistics, Journal of International Economics, Economic Journal, 《经济研究》等国内外一流经济学杂志发表论文数十篇。

目前担任商务部咨询专家,Journal of Comparative EconomicsChina  Economic Review的副主编,清华大学中国经济研究中心副主任,清华大学中国经济社会数据研究中心研究员,清华大学国际与地区研究院培养委员会委员。

Abstract:

This paper investigates the spillover effects of super factories on local manufacturing sector through agglomeration in developing economies. We use evidence from the largest provider of electronic manufacturing service in the world: Foxconn. Using its unexpected investment in Henan province of China as a quasi-natural experiment, we adopt a geographic difference-in-difference approach that exploits the spatial decay of the agglomeration effects from Foxconn factories. We find that the increase in the labor productivity of the regions closer to Foxconn factories is larger than those of regions further away. This finding is robust to a battery of validity checks. Consistent with the agglomeration spillovers, firm entry and labor costs increase more in regions closer to Foxconn factories than further away. 


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