现代产业经济学系列讲座第161期

 

时 间:2018年11月27日(周二) 15:00-16:30

地 点:史带楼303室

主 题:Quantifying the Aggregate Effects of Inter-Firm Knowledge Networks

主讲人:王子 上海财经大学助理教授

主持人:邵翔 博士

 

Abstract: This paper evaluates the impacts of inter-firm knowledge networks on aggregate growth and welfare. We use data on patent citations across Chinese manufacturing firms to study the structure of inter-firm knowledge networks. We document that within a narrowly-defined industry firms still occupy heterogeneous positions in patent citation networks, and that a firm tends to grow faster if it cites patents from faster growing firms.

These empirical regularities motivate and guide the development of a quantifiable general equilibrium model with firm innovation and inter-firm knowledge diffusion. Using data on patent citations, we estimate the model’s key parameters via a constrained simulated method of moments and assess its fit to the data. Simulations of our model are used to study (1) how firm-level instantaneous shocks propagate via inter-firm knowledge networks and translate into aggregate dynamic effects, (2)how governments should subsidize firm innovation in the presence of inter-firm knowledge spillovers, and (3) how inter-firm knowledge networks affect the productivity and welfare effects of trade liberalization.

 

 

产业经济学系

2018-11-23