East Asian Seminar on Economics

Takatoshi Ito and Andrew K. Rose, Organizers

June 6-7, 2019

Hosted by Puey Ungphakorn Institute for Economic Research (PIER), Bank of Thailand

Bank of Thailand, 273 Samsen Road, Bangkok 10200, Thailand

Conference Code of Conduct

Thursday, June 6
8:00 am
Shuttle van departs Royal Orchid Sheraton for Bank of Thailand
8:30 am
Registration
8:55 am
Welcome Remark, Bank of Thailand Governor Veerathai Santiprabhob
Labor Market
9:00 am
Peter K. Schott, Yale University and NBER
Andrew Greenland, North Carolina State University
Mihai Ion, The University of Arizona
John Lopresti, William & Mary

Using Equity Market Reactions to Infer Exposure to Trade Liberalization

(discussant slides)
Discussants: Wisarut Suwanprasert, Middle Tennessee State University
Kanis Saengchote, Chulalongkorn University
9:55 am
Shujiro Urata, Waseda University and ERIA
Kazunobu Hayakawa, Institute of Developing Economies
Tadashi Ito, Gakushuin University

Impacts of Increased Chinese Imports on Japan's Labor Market
Discussants: Pushan Dutt, INSEAD
Junko Shimizu, Gakushuin University
10:50 am
Coffee Break

Effects of Integration
11:10 am
Minho Kim, Korea Development Institute
Iona Hyojung Lee, Singapore Management University

The Impact of Chinese Imports on Korean Manufacturing Plants
Discussants: Keiko Ito, Chuo University
Juthathip Jongwanich, Thammasat University
12:05 pm
Yu-Yin Wu, Chung-Hua Institution for Economic Research (CIER)
Shih Hui-Tzu, Chung-Hua Institution for Economic Research (CIER)
Chu-Hsuan Su, Chung Hua Institution for Economic Research
Chu-Nan Hu, Chung-Hua Institution for Economic Research (CIER)

Impact of Regional Economic Integration on Taiwan's Industrial Supply Chain of Vehicles (slides)
Discussants: Archanun Kophaiboon, Thammasat University
Shujiro Urata, Waseda University and ERIA
1:00 pm
Lunch

Chinese Developments
2:30 pm
Bingjing Li, The University of Hong Kong (HKU)
Loren Brandt, University of Toronto
Peter Morrow, University of Toronto

Is Processing Good? Theory and Evidence from China

(discussant slides)
Discussants: Yatang Lin, Hong Kong University of Science and Technology (HKUST)
Vlad Sushko, Bank for International Settlements
3:25 pm
Hong Ma, Tsinghua University
Peter Eppinger, University of Oldenburg

Optimal Ownership and Firm Performance: Theory and Evidence from China’s FDI Liberalization
Discussants: Bingjing Li, The University of Hong Kong (HKU)
Yao Amber Li, Hong Kong University of Science and Technology (HKUST)
4:20 pm
Coffee Break
4:45 pm
Keynote Speaker: Anne Krueger, Johns Hopkins University and NBER
5:30 pm
Adjourn
6:30 pm
Dinner at Bank of Thailand
Friday, June 7
8:00 am
Shuttle van departs Royal Orchid Sheraton for Bank of Thailand
8:30 am
Coffee/Tea

Production, 1
9:00 am
Teresa C. Fort, Dartmouth College and NBER
Frederic Warzynski, Aarhus University
Andrew B. Bernard, Dartmouth College and NBER
Valerie Smeets, Aarhus University

Heterogeneous Globalization: Offshoring and Reorganization
Discussants: Sunghoon Chung, Korea Development Institute
Wisarut Suwanprasert, Middle Tennessee State University
9:55 am
Edwin Lai, Hong Kong University of Science and Technology (HKUST)
Steffan Qi , Hong Kong Baptist University (HKBU)
Heiwai Tang, Hong Kong University

Global Sourcing and Domestic Value-added in Gross Exports (slides)
Discussants: Lin Ma, Singapore Management University
Ayako Obashi, Aoyama Gakuin University
10:50 am
Coffee Break
11:10 am
Yong Wang, Peking University
Shang-Jin Wei, Columbia University and NBER

The Sandwich Effect: Challenges for Middle-Income Countries (slides)
Discussants: Kazunobu Hayakawa, Institute of Developing Economies
Lin Ma, Singapore Management University
12:05 pm
Lunch

Production, 2
1:30 pm
Toshihiro Okubo, Keio University
Richard Baldwin, International Institute for Management Development and NBER

GVC Journeys: Industrialisation and Deindustrialisation in the Age of the Second Unbundling
Discussants: Fukunari Kimura, Keio University and TCER
Archanun Kophaiboon, Thammasat University
2:25 pm
Ayako Obashi, Aoyama Gakuin University
Fukunari Kimura, Keio University and TCER

New Developments in International Production Networks: Impact of Digital Technologies
Discussants: Juthathip Jongwanich, Thammasat University
Steffan Qi, Hong Kong Baptist University (HKBU)
3:20 pm
Coffee Break

Conflict
3:40 pm
Rodney Tyers, The Australian National University
Yixiao Zhou , Curtin University

US-China Rivalry: The Macro Policy Choices (slides)

(discussant slides)
Discussants: Francisco Dakila, Jr., Central Bank of the Philippines
James Villafuerte, Asian Development Bank (ADB)
4:35 pm
Arnaud Costinot, Massachusetts Institute of Technology and NBER
Iván Werning, Massachusetts Institute of Technology and NBER

Robots, Trade, and Luddism
Discussants: Elisabetta Gentile, Asian Development Bank (ADB)
Kaipichit Ruengsrichaiya, Securities and Exchange Commission of Thailand
5:30 pm
Adjourn
6:30 pm
Dinner at Royal Orchid Sheraton Hotel

Session Format:
Each paper has 55 minutes: 20 min for author; 2 x 10 min for discussants; 10 min floor; 5 min response by author.
Emergency Contact:
Archawa Paweenawat, Bank of Thailand
Tel:+66-2-283-6721
E-mail: ArchawaP@bot.or.th

Transportation


Co-Sponsoring Organizations:
TCER, KDI, HKUST, CIER (Taiwan), CCER, Singapore NUS Business School, CAMA (Australia)