Yosuke Higashiyama
Research Fellow at Singapore Management University
My research interests are in International Trade, Macroeconomics, and Development. I obtained my Ph.D. in Economics from Boston University. Pleasure to make your acquaintance.
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Working Papers
The China Shock Revisited: Firm Effects of Import Competition in India (Job Market Paper)
I examine the causal impact of Chinese import competition between 1998 and 2009 on Indian plants' revenue, likelihood of exit, and product mix by exploiting variation across sectors in import exposure over time. On average, Indian plants face a decline in revenue, are more likely to exit, and are less likely to switch and to upgrade products in response to rising Chinese imports. The negative effect on the likelihood of product switching is diminished for the largest firms. These results are unique to Chinese import competition as I find mixed results on Indian firms for shocks coming from select developed countries. I demonstrate in a model that a reduction in trade costs leads to a greater influx of more productive foreign firms into upgraded sectors than into less-upgraded sectors, which limits the ability of less productive domestic firms to capture market share and discourages them from upgrading their products. The key parameters influencing the model's predictions are the relative mean productivity of foreign and domestic firms.
Work in Progress
The Welfare Effects of Improving Trade and Commuting Costs
The Impact of Trade Policy on Carbon Dioxide Emissions with Supply Inelastic Energy Inputs
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