CEMA研讨会2019年春季第九讲将于5月8日（周三）中午12:10-1:30在712会议室举行，由对外经济贸易大学金融学院金融系徐佳讲师报告论文“Administrative Division Adjustment and China's Industrial Growth”，欢迎感兴趣的师生参加。

【题目】：Administrative Division Adjustment and China's Industrial Growth

【摘要】：With the development of urbanization, as the number of cities remains unchanged, the administrative of division adjustment(ADA) has been a general choice for local governments. How the adjustment of administrative division affects enterprises' TFP is related to the development quality of urbanization in China. By collecting the administrative division adjustment cases from 1997 to 2007 and combining with the industrial enterprise database, this paper finds that the administrative division adjustment significantly improves the total factor productivity of enterprises. The two types of administrative division adjustment (county and district, district and district) have a significant difference in the impact on enterprises, among which the foreign-funded enterprises, as well as the eastern coastal cities are the most positive impacted. The influence ADA on enterprise productivity shows an inverted u-shape before and after the adjustment, and reaches its peak in the second year after the adjustment. Further influence mechanism of this paper finds that regionalization adjustment improves enterprise’ TFP mainly through the provision of public goods, which provides favorable and convenient conditions for the development of manufacturing industry and eventually leads to the rise of enterprise productivity. This paper has some enlightenment for the improvement of urbanization and entrepreneurs’ productivity.

【报告人简介】：徐佳，对外经济贸易大学金融学院金融系讲师，2011年毕业于中央财经大学中国经济与管理研究院数理经济与数理金融实验班，2017年毕业于北京大学光华管理学院，获经济学博士学位。主要研究领域为家庭金融、财富不平等、房地产经济学、发展经济学等，在Chinese Management Studies，《金融研究》等期刊发表多篇论文。

中国经济与管理研究院
2019年5月5日