报告题目：Social credit and trade credit: Quasi-natural Experimental Evidence from China

报告所属学科：应用经济学

报告人：王青（江西财经大学）

报告时间：2023年3月7日 13:00-15:00

报告地点：腾讯会议 ID：385 137 083

报告摘要：

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.

报告人简介：

王青，新西兰梅西大学金融学博士, 现任江西财经大学金融学院讲师，硕士生导师以及助理博士生导师。主要研究方向为公司金融，风险与私募投资。在China Economic Review、Economic Modelling、Emerging Markets Review等国际权威SSCI期刊发表论文十余篇，并担任多个国际权威期刊匿名审稿人。有丰富的全英文、以及中英文双语教学经验。

报告题目：Mining, Minerals, and the Circular Economy

报告所属学科：应用经济学

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

报告时间：2023年3月10日 9:00-11:00

报告地点：ZOOM (827 2621 3681)

报告摘要：

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.

报告人简介：

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.