主讲人：杨汝岱 教授（北京大学经济学院）

讲座时间：2018年10月12日（周五）19:00－21:00

讲座地点：yh86银河国际南校区院系办公楼401（yh86银河国际会议室）

题目：Trade Credit and Export: Evidence from China

主办单位：yh86银河国际

      广州华南财富管理中心研究基地

中国家庭金融与资产管理研究中心

国家社科基金重大项目“新常态下建立多点支撑的消费增长格局研究”课题组

主要内容: The paper examines the effect of trade credit on export using matched firm accounting and disaggregated export datasets. The paper shows that trade credit has a positive effect on the export value of Chinese firms. The effect is larger for firms with a higher demand for short-term financing such as working capital, and thus smaller for the export shipped by air and larger for exporters with imports. The enhancing effect of trade credit is not weakened by the financial development of the destination country. The paper finds that trade credit is used for the financing of working capital rather than the extension of trade finance to their foreign customers. The results provide evidence on the role of alternative financing channels for China’s high economic growth.

主讲人简介：杨汝岱，北京大学博雅青年学者，经济学院副教授、博士生导师。入选2013年国家首批“青年拔尖人才支持计划”（万人计划），入选2016年教育部“青年长江学者”奖励计划。主持国家社科基金重大项目等多项课题。论文发表于《经济研究》、《管理世界》、Journal of Business Ethics、World Development等期刊。