On December 6, the 1st Yangtze River Delta International Forum opened in Shanghai.
Its sub-forum I, co-organized by SOE and IAR and themed on“Regional Integration and Sustainable Development”, kicked off at the lecture hall of the IAR on the afternoon of December 6.
The sub-forum lasted one day and a half. Keynote speakers included Prof. Charles I. Jones at Stanford University, Prof. Fatih Guvenen at the University of Minnesota, Prof. Shuaizhang Feng, Dean of the Institute of Economics and Social Research at Jinan University, Prof. Roger H. von Haefen at North Carolina State University. Attending the forum were more than 200 scholars from Yale University, Michigan State University, University of Waterloo, Korea Development Research Institute, Duke Kunshan University, The Hong Kong Polytechnic University, Tsinghua University, Peking University, Xiamen University, East China Normal University, Jinan University, Shanghai University of Finance and Economics and other universities at home and abroad.
The opening ceremony was chaired by Professor Jijun Xia, Executive Associate Dean of the SOE. Attending the opening ceremony were Prof. Mingxiong Zhu, Vice Chairperson of the University Council, Prof. Fang Wang, Secretary of the Party Committee of SOE, Prof. Yan Sun, Associate Dean of SOE, Xiaoqian Jin, Vice Secretary of the Party Committee of SOE, Associate Professor Yongchao Zhang, Prof. Yahong Zhou, Chairman of Department of Quantitative Economics, Prof. Liguo Lin, IAR Associate Dean, Prof. Yuanyuan Chen, IAR Assistant to Dean, Dr. Xudong Chen and foreign faculty members at both SOE and IAR, including Prof.Terry Peach, Associate Professor Nathan Schiff, Associate Professor Sambuddha Ghosh, Assistant Professor Biligbaatar Tumendemberel, Assistant Professor Youngsoo Jang, and Assistant Professor Hyeon Ok Lee.
Jijun Xia (Executive Associate Dean of SOE)
At the opening ceremony, Professor Mingxiong Zhu extended a warm welcome and sincere thanks to all the experts and scholars present at the meeting on behalf of the organizers of the Forum. He mentioned that, in the light of a recent outline of the integrated regional development of the Yangtze River Delta issued by the Communist Party of China Central Committee and the State Council, it was of great significance and value for SUFE to host an international academic forum themed on Regional Integration: Cooperation and Development. With the aim of bringing together wisdom, focusing on hot spots, facilitating exchanges and cooperation, achieving development and co-operation, enhancing strategic coordination and making breakthroughs and innovation, the forum was dedicated to pooling global wisdom based on Shanghai's abundant international resources, and would focus on the collision of thinking around major development issues and strategic decisions, and would explore and form policy findings and products to actively serve the central and the local, government and enterprises, and academic institutions and think tanks.
Mingxiong Zhu (Vice Chairperson of the University Council)
Three distinguished guests shared their research findings in the keynote speech session. Prof. Charles I. Jones at Stanford University shared his findings in“The End of Economic Growth? Unintended Consequences of a Declining Population”, which aimed to analyze the importance of population policy to economic development by applying models with exogenous population growth and models with endogenous fertility to the current background of low fertility in China and many high-income countries including the US. “Use it or Lose it? Efficient Gains from Wealth Taxation”by Fatih Guvenen focused on taxation policies. By establishing relevant intergenerational overlap model, it explored the possibility of replacing capital income tax with wealth taxation to improve the welfare of the new born in the future while keeping government revenue unchanged. “Labor Market Dynamics in Urban China and the Role of the State Sector”by Shuaizhang Feng was mainly based on the study of longitudinally matched monthly panel data. By establishing and calibrating an equilibrium search and matching model, this study explored the impact of state-owned enterprises on the dynamics of the Chinese urban labor market.
Charles I. Jones (Professor at Stanford University)
Fatih Guvenen (Professor at the University of Minnesota)
Shuaizhang Feng (Dean of the Institute of Economics and Social Research at Jinan University)
The Regional Integration and Sustainable Development sub-forum co-organized by SOE and IAR focused on the relation between population decline and economic growth, the relation between wealth taxation and social efficiency, equilibrium labor market, spatial attenuation of agglomeration economies, and microeconomic problems concerning within-job wage, natural resource wealth, tailpipe emissions standard, and hazardous waste disposal under environmental protection. During the one and a half days, the participating experts and scholars conducted extensive and in-depth discussions through presentations and discussions that embraced both theoretical and empirical research, both international experience and China practice. It aimed to provide academic findings and policy suggestions for high-quality sustainable development in the process of economic integration in the Yangtze River Delta Region.