Online Australasian Seminar in International Economics (OASIS)
Deakin University, Melbourne University, Monash University, Queensland University of Technology, RMIT, University of Adelaide, University of Auckland, University of New South Wales
Welcome to the OASIS! OASIS is co-organized by A/Professor Reshad Ahsan, A/Professor Arpita Chatterjee, Dr. Benedikt Heid, A/Professor Bilgehan Karabay, Professor Phillip McCalman, Dr. Krisztina Orbán, Dr. Cong S. Pham, A/Professor Laura Puzzello, Professor Pascalis Raimondos, Dr. Asha Sundaram, and Dr. Haiping Zhang.
This is a seminar series on international economics-related topics for economists based in Australia and New Zealand and invited international speakers from around the world.
The format of the seminar is a 60-minute talk followed by a 15-minute Q&A. Unless otherwise specified, seminars will take place on the second and fourth Wednesday of each month and will be recorded (subject to each presenter's consent). To convert the AEST or NZST time to your time zone, please click here.
Please use this registration form to sign up for the OASIS mailing list.
UPCOMING SEMINAR:
May 1st, 2024, Time 4.30 PM AEDT: Prof. Phillip McCalman, University of Melbourne
Title: “FDI screening by host governments: Who bears the cost?"
Abstract: Countries are increasingly screening foreign direct investment to ensure it is aligned with criteria such as the national interest or national security. Each investment is reviewed on a case by case basis to allow flexibility in implementation. However, a lack of explicit criteria for evaluating policy and a broad scope for imposing mitigation measures on investments, creates additional uncertainty for foreign investors. We examine the Australian screening regime to quantify the costs associated for investments that are reviewed. We find that screening imposes an economy wide loss of approximately 20% of the surplus that would be created by the foreign investment. This cost is five times greater than that imposed by impediments to goods trade. There are also important dynamic considerations, with foreign ownership of an Australian firm introducing frictions to subsequent domestic acquisitions. We also find all these costs are predominantly imposed on the Australian economy with some evidence of international spillovers with Chinese investors bearing part of the cost.
PROGRAM - 2024 - Semester One
May 1st, 2024, Time 4.30 PM AEST: Prof. Phillip McCalman, University of Melbourne
Title: “FDI screening by host governments: Who bears the cost?"
April 17th, 2024, Time 4 PM AEST: Prof. Monika Mrazova (University of Geneva)
Title: “Strategic Yet Not Demanding: The Empirical Reach of Oligopoly with CES Preferences”.joint with J. Peter Neary.
April 10th, 2024, Time 9 AM AEDT, 11 AM NZDT: Prof. Mostafa Beshkar, Indiana University--Bloomington
Title: “The Balance of Concessions in Trade Agreements” joint with Pao-Li Chang and Shenxi Song.
March 13th, 2024, Time 9 AM AEDT, 11 AM NZDT: Prof. Arnaud Costinot, MIT
Title: “Why Is Trade Not Free? A Revealed Preference” joint R. Adao, D. Donaldson, and J. Sturm Becko.