报告题目：All Roads Lead to Rome: Global Air Connectivity and Bilateral Trade
报告时间：2023年4月3日 （星期一）15:00-16:30
报告地点：翡翠湖校区科教楼B座1004
报告 人：王争英国德蒙福特大学经济学副教授
主办单位：UG环球360官方网站
报告人简介：
王争，英国德蒙福特大学（De Montfort University）经济学副教授，应用经济学研究中心副主任，英国诺丁汉大学博士，浙江大学博士、学士。研究领域主要包括国际贸易，政治经济学，环境经济学，以及经济社会政策评估。其研究成果发表于Journal of Development Economics, European Economic Review, Journal of Comparative Economics, Environmental and Resource Economics, Economics Letters，Review of World Economics，《经济研究》《经济学（季刊）》《经济学报》《金融研究》等国际国内高影响力期刊，并被Nature，《新华文摘》《中国社会科学文摘》等国内外知名学术媒体转载。曾主持和参加英国The British Academy, ESRC和中国自然科学基金等项目，并担任ESRC资深评审。
报告内容简介：
This paper proposes a novel instrumental variable to estimate the effect of in-person interactions on bilateral trade. Our identification strategy exploits variations in third-country connecting flight capacities driven by external travel demand in the global flight network to leverage exogenous variations in the air connectivity between two countries. Several findings stand out. First, air connectivity boosts trade between countries, but mostly for industries with a high reliance on relationship-specific investments. Second, trade in new products, relative to existing products, responds more positively to improved air travel links. Third, the trade-promoting effect of air connectivity appears to be stronger for country pairs with weaker online social network connections. Overall, our results quantify the positive role of in-person communications in reducing transaction costs associated with tacit knowledge. Our estimation approach also provides a useful tool for evaluating a range of social and economic impacts of a complex transport network.
