Dr Fabrice Defever will present a research seminar on 5th October 2016
22 September 2016
Dr Fabrice Defever of University of Nottingham will present his paper titled "Trade Liberalization and Third Market Effects" to the Henley Business School Faculty and doctoral students on 5th October at 12.30-14.00.
Dr Fabrice Defever of University of Nottingham will present his paper titled "Trade Liberalization and Third Market Effects" to the Henley Business School Faculty and doctoral students on 5th October at 12.30-14.30.
We study how the end of the quota system for textiles and clothing products in the EU and the US on January 1, 2005, affected exports from China to countries other than those liberalizing trade (ROW). That is, we assess how trade policy changes in a group of large countries affected the trade flows among other countries, where policy did not change. We find that the number of Chinese firms exporting previously restricted products to ROW increased significantly due to the removal of quotas in the EU and the US. This indicates that the policy shock turned China into a better export base for previously restricted products, encouraging entry in the industry. We also find that the policy shock in the EU-US induced Chinese firms to change the product mix they sell to ROW. However, within-firm product reallocation is incapable of explaining the extensive margin effects.
Fabrice Defever is an Assistant Professor at the University of Nottingham, an internal fellow at the Nottingham Centre for Research on Globalisation and Economic Policy (GEP) and a research associate in the Centre for Economic Performance at the London School of Economics (CEP). He received his PhD in Economics from the University of Paris I Pantheon Sorbonne in 2007. His research interests cover international trade, multinational firms and the international organization of production.
To attend this event please contact Daria Radwan