報告題目：Social credit and trade credit: Quasi-natural Experimental Evidence from China

報告所屬學科：應用經濟學

報告人：王青（江西财經大學）

報告時間：2023年3月7日 13:00-15:00

報告地點：騰訊會議 ID：385 137 083

報告摘要：

This paper explores the effect of social credit on firm-level trade credit by taking advantage of the staggered reform of China’s social credit system (hereafter “the reform”). We find that the reform improves firms’ access to trade credit in pilot cities, and the results are robust to a battery of robustness tests. Our findings are more pronounced for private firms without political connections, small firms, and those located in regions with weak formal institutions. The reduced default risk and better information quality are two plausible channels through which the reform increases trade credit. Further analysis shows that the increase in trade credit improves firm performance as measured by return on equity (ROE) and Tobin’ s Q. Overall, this paper highlights the importance of social credit in facilitating firms’ access to informal financing.

報告人簡介：

王青，新西蘭梅西大學金融學博士, 現任江西财經大學金融學院講師，碩士生導師以及助理博士生導師。主要研究方向為公司金融，風險與私募投資。在China Economic Review、Economic Modelling、Emerging Markets Review等國際權威SSCI期刊發表論文十餘篇，并擔任多個國際權威期刊匿名審稿人。有豐富的全英文、以及中英文雙語教學經驗。

報告題目：Mining, Minerals, and the Circular Economy

報告所屬學科：應用經濟學

報告人：Prof. Gary A. Campbell（United States of America (USA)）

報告時間：2023年3月10日 9:00-11:00

報告地點：ZOOM (827 2621 3681)

報告摘要：

It is argued that the traditional way of looking at economic activity is not adequate to address the growing problems of the environment and climate. One alternative approach is known as the circular economy which stresses: reduce, reuse, and recycle. The mining of nonrenewable minerals does not seem to be a good fit for such an approach. Yet the importance of critical minerals for renewable energy production and other green technologies is clear. This talk gives an overview of some of the recent research issues associated with mining and using minerals in a circular economy. The talk will focus on the adjustment of mining to a circular economy and the issues associated with providing critical minerals for a circular economy. Two areas of improvement where mining can better fit in a circular economy are more recycling of final products and better management of mining waste. Issues of concern with the need for critical minerals is adequate availability and supply chain dependence.

報告人簡介：

Dr. Gary A. Campbell is a Professor of Natural Resource Economics and Director of the M.S. program in Applied Natural Resource Economics in the College of Business at Michigan Technological University. He received a Ph.D. in Mineral Economics from The Pennsylvania State University, a M.S. in Economics from Iowa State University, and a B.S. in Economics from the University of Missouri-Rolla (Missouri University of Science and Technology). He is currently Co-Editor in Chief of the journal, Resources Policy (SSCI-Level 1). He has academic experience in China, Ethiopia, Mongolia, and South Africa. Metal markets, mineral policy, and mining-community relations are his areas of research interest.