University of Nottingham Ningbo China
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The Economics of Nationalism and Trade

Date(s)
17 April 2013 (14:30-16:00)
Description

The School of Economics and The Nottingham Centre for Research on Globalisation and Economic Policy (GEP) China are pleased to invite you to the following research seminar given by Dr. Xiaohuan Lan (兰小欢) from Cheung Kong Graduate School of Business (长江商学院):

Date: Wednesday, 17th April, 2013

Time: 2:30pm-4:00pm

Venue: TB405

About the seminar:

This paper provides an economic framework for examining how international trade affects nationalism. Within a country, a region’s level of nationalism varies according to its economic interests in its domestic market relative to its foreign market. A region’s nationalism is strongest if the optimal size of its domestic market equals the size of its country. All else being equal, increasing a region’s foreign trade reduces its economic interests in its domestic market and thus weakens its nationalism. This prediction holds both cross-sectionally and over time, as evidenced by our empirical study using the Chinese Political Compass data and the World Value Surveys. A one standard deviation increase in income-weighted foreign trade reduces nationalism by 0.2 standard deviation. Our framework also applies to analysis of nationalism across countries and receives support from cross-country data.

About the speaker:

Dr. Xiaohuan Lan joined CKGSB as a research fellow in 2012 after he received his Ph.D. degree in Economics from University of Virginia. He also received a Master of Arts degree in Economics from Chinese Academy of Social Sciences in 2006, and a Bachelor of Arts degree in Economics from Dongbei University of Finance and Economics in 2001. Worth mentioning, he is also the author to a book of popular writing, Shake the Invisible Hand: Learn to Grasp Economics in Everyday Life( 《一转念:用经济学思考》,上海三联出版社, 2011).

All are welcome!