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SDU Public Economics and Finance Seminar No.9

2024-06-11 09:59:15

Topic:Persistent Effects of Universities on Local Industrial Growth;Evidence from China's Policy-induced College Relocation in 1950s

Lecturer:Jianyong Fan

Jianyong Fan is professor and doctoral supervisor of the School of Economics, Fudan University,and director of the Research Center for Industry and Regional Economy,Fudan University.Chief expert of major projects of the National Social Science Fund,"New Century Outstanding Talents" of the Ministry of Education, "Shuguang" scholar of Shanghai and "brilliant talents" of Fudan University.His research achievements have won many awards,such as Shanghai Outstanding Achievement Award for the Research and Publicity of the Theoretical System of Socialism with Chinese Characteristics,Shanghai Outstanding Achievement Award for Philosophy and Social Sciences,Zhejiang Provincial Philosophy and Social Sciences Paper Award,and Outstanding Achievement Award for Scientific Research in universities of the Ministry of Education.

Abstract:

This lecture examines the long-term impact of the university department adjustment in 1952 on local economic growth from an economic history perspective.The research material is based on micro data from the 1985 and 1995 national industrial censuses and the 2004 national economic census.The study finds that industries related to the relocated disciplines have higher employment,enterprise numbers,and productivity in the long run.The mechanism of the impact of the department adjustment lies in the fact that it encourages small and micro enterprises that benefit from the disciplinary advantages of the universities in the region to enter the region where the universities are located.Meanwhile, this paper compares the long-term trends in the impact of human capital-oriented policies,represented by the department adjustment,and traditional regional policies focused on material capital investment over time,and the results show that,unlike the impact of material capital investment in the planned economy era,the impact of the department adjustment becomes significant only after the implementation of market-oriented reforms,showing the key role of market forces in utilizing the disciplinary advantages of local universities.

Time:5:00-6:00p.m,June 14th,2024

Venue:B423,Zhixin Building,Central Campus