Frontier Advanced Seminar Series in Economics No. 18
The Political Economics of Trade Policies: From Simultaneous Equations to Structural Models
Speaker: Prof. Xiaosong WANG (Renmin University of China)
Host: Prof. Anzhou ZHANG (Liaoning University)
Introducer: Prof. Xiangjun MA (Liaoning University)
Time: March 31, 2023 (Friday), 14:00-15:30 (UTC +08:00)
Venue: Conference Room on the base floor of Wuzhou Garden, Chongshan Campus, Liaoning University
Online Venue: Tencent Meeting (Meeting ID: 3007551 6895)
Language: Mandarin
Abstract：The incapability of pure trade theory on explaining the mechanisms behind the formation of the trade policies in the real world requires investigation on mechanisms behind the decisions and the influencing factors of the policies through the lens of the process of political decisions. What are the driving factors of the formation of policies when the trade policies, as a part of the public policy, reflect the governance goals and philosophy of the decision makers? Why the governments are in favor of the trade protection policies? Does the “political market” really exist in the western society? If yes, what is the operating mechanism behind the market? What roles do the interest groups play in the decision on the trade policies? The paper answers the questions above systematically based on the theoretical and empirical analysis of the political economics of the trade policies. Using the rising structural models, the paper also investigates the endogenous mechanisms and the process of the international trade policies.
Speaker Introduction: Xiaosong WANG is a Professor from the School of Economics at Renmin University of China. He receives support from the National Top Youth Talent Support Program. He has published 8 books and more than 100 papers in the journals such as the Journal of Economic Survey, Social Science in China, and the Economic Research Journal. He has also published more than 50 internal reference and review articles in the journals such as Guangming Daily (Theoretical Edition), People's Daily (Internal Reference) and Economic Daily (Theoretical Edition). He has won 8 provincial and ministerial scientific research awards, presided over 1 major project of the National Social Science Foundation of China, 3 projects of the National Natural Science Foundation of China, and 3 projects of Beijing Municipal Science and Technology Research Project. He serves as the Communication Judge of the National Natural Science Foundation of China and the National Social Science Foundation of China. In the process of Sino-US trade friction, he has spoken out in the national mainstream media many times, and has made outstanding contributions to clarifying the facts, guiding public opinions, and effectively responding to challenges.
