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PRODID:-//AMSE//Event Calendar//FR
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UID:event-10095@amse-aixmarseille.fr
DTSTAMP:20260430T174434Z
CREATED:20260430T174434Z
LAST-MODIFIED:20260430T174434Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Nastasia Henry*\, Mariya Sakharova**
DTSTART:20230613T090000Z
DTEND:20230613T103000Z
DESCRIPTION:*To what extent protectionism (de)stabilize the economies? Sinc
 e 2018\, some countries have resorted to protectionist measures as the Unit
 ed States did. Although the impacts of protectionism on growth have been wi
 dely explored\, without reaching a consensus\, few has been said on its imp
 acts on macroeconomic stability. This present paper attempts to gauge the (
 de)stabilizing role of protectionism using a Barro-type (1990) endogenous g
 rowth model with public debt and imperfect substitute assets where tariffs 
 are a proxy of protectionism (Furceri et al.\, 2016). We first show that pr
 otectionism may have strong destabilizing effect on the economy. According 
 to the tariffs\, multiplicity of BGPs can occur\, making room for global in
 determinacy and this whatever the public debt level. The results contrast 
 with the existing literature\, suggesting that low debt-output ratio does n
 ot necessarily promote stability. Tariffs and public debt may prevent a coo
 rdination of expectations. Regarding public policies\, imposing higher tari
 ffs may enhance growth only when the government runs a primary surplus.**Ho
 w do late-industrializers transition from non-industrial economies to the e
 arly stages of industrialization? Given the differences in society and inst
 itutions between late-industrializers and industrialized regions it is not 
 clear how the transition takes place. There is also a political economy asp
 ect: it is uncertain how industrialization begins when there is an entrench
 ed elite class invested in a traditional sector and not willing to invest i
 n a new sector. However\, what if an economic shock redistributes resources
  from the elite to the masses? Specifically\, what is the effect of the red
 istribution of economic power from an elite class to the masses on regional
  industrial development: Is firm formation higher in affected regions? How 
 do firm characteristics differ from those in adjacent regions? And who is r
 esponsible for founding firms in affected regions\, is it the disenfranchis
 ed elite or the masses? My study takes advantage of a natural experiment r
 elated to the reallocation of land due to the serf emancipation in the Tsar
 ist Russian Empire. In 1863 the Polish nobility revolted against the Tsar i
 n the Western part of the empire. The revolt failed\, and in retaliation th
 e Tsarist government revised the terms of the emancipation by taking more l
 and from the Polish nobility and reallocating the land towards the peasantr
 y in the affected regions. Through spatial analysis and using detailed data
  on corporate charters and manufacturing censuses\, I document a divergence
  in firm formation\, firm characteristics and founder characteristics betwe
 en the regions where there was greater reallocation from the gentry to the 
 peasantry.\\n\\nContact: Camille Hainnaux : camille.hainnaux[at]univ-amu.fr
 Daniela Horta Saenz : daniela.horta-saenz[at]univ-amu.frJade Ponsard : jade
 .ponsard[at]univ-amu.frNathan Vieira : nathan.vieira[at]univ-amu.fr\n\nPlus
  d'informations: https://amse-aixmarseille.fr/fr/evenements/nastasia-henry-
 mariya-sakharova
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/fr/evenements/nastasia-henry-mariya-sakharova
CONTACT:Camille Hainnaux : camille.hainnaux[at]univ-amu.frDaniela Horta Sae
 nz : daniela.horta-saenz[at]univ-amu.frJade Ponsard : jade.ponsard[at]univ-
 amu.frNathan Vieira : nathan.vieira[at]univ-amu.fr
TRANSP:OPAQUE
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