主讲人：
唐遥（北大光华管理学院副教授）
主持老师：
（北大国发院）赵波、余昌华
参与老师：
（北大国发院）赵波、鄢萍、余昌华、胡佳胤、李明浩
（北大经院）陈仪、韩晗、李博、王熙
时间：
2021年4月23日（周五）10:00-11:30
地点：
国发院512教室
主讲人简介：
唐遥老师现为光华管理学院副教授。他的研究领域是开放宏观经济学。研究成果曾经发表在JIE等著名期刊上。
摘要：
We exploit the relaxation of regulation on Foreign Direct Investment (FDI) after China's entry into WTO to estimate the effect of industry-level FDI entry on the product scope of Chinese firms. According to our baseline results, in industries that experienced a 0.01 increase in the share of foreign firms, product scope of Chinese firms expanded by 12%. At the industry level, FDI entry is associated with a shortening of the technological distance between the domestic industry and the world frontier, and a reduction the resource mis-allocation both of which contribute to the expansion of product scope. When we distinguish industries by technology intensity, the positive effect of FDI entry on product scope mainly occur in medium-tech industries. At the firm level, entry of foreign firms expands product scope by raising a firm's managerial efficiency. From the perspective of product turnover, FDI entry raises the rate of adding new products but does not affect the rate of retiring existing products. Relative to non-SOE firms, SOEs on average have a larger product scope but they report a smaller increase in product scope after entry of foreign firms.
