{"id":16222,"date":"2024-09-30T16:51:26","date_gmt":"2024-09-30T14:51:26","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=events&#038;p=16222"},"modified":"2024-10-02T09:21:23","modified_gmt":"2024-10-02T07:21:23","slug":"joint-esm-unilu-seminar-with-prof-laura-alfaro-harvard-business-school","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-en\/events\/joint-esm-unilu-seminar-with-prof-laura-alfaro-harvard-business-school\/","title":{"rendered":"Joint ESM-UNILU Seminar with Prof. Laura Alfaro (Harvard Business School)"},"content":{"rendered":"\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.eventbrite.fr\/e\/esm-uni-joint-lunch-seminar-w-prof-laura-alfaro-harvard-business-school-registration-1022336926267?aff=oddtdtcreator&#038;mc_eid=UNIQID&#038;mc_cid=12d62e69a0\"\n                target=\"_blank\"\n        class=\"btn btn--primary\"\n            >Registration<\/a>\n<\/li>\n\n\n<li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/events\/joint-esm-unilu-seminar-with-prof-laura-alfaro-harvard-business-school\/calendar\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Add to calendar<\/a>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h4 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"industrial-and-trade-policy-in-supply-chains-the-case-of-rare-earth-elements\"\n    >\n<strong>\u201cIndustrial and Trade Policy in Supply Chains: The Case of Rare Earth Elements\u201d<\/strong><\/h4>\n\n\n\n<h5 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"abstract\"\n    >\nAbstract<\/h5>\n\n\n\n<p>Industrial policies, traditionally aimed at boosting the competitiveness of protected sectors, can inadvertently drive productivity growth in downstream sectors abroad. We provide evidence for this mechanism by examining the case of rare earth elements \u2013 essential inputs for many manufacturing products and the green transformation. To measure the importance of rare earth inputs across manufacturing industries, we construct an input-output table that incorporates individual rare earth elements as inputs. We find that exports in rare earthintensive downstream sectors outside of China increased after the Chinese supply restrictions on rare earths. Using data on patents and sector TFP, we then show that this uptake in exports coincides with a surge in innovation towards more efficient usage of rare earth inputs. We develop a trade model with directed technical change that explains these findings, showing that industrial policy can shift the direction of innovation and drive growth in downstream sectors abroad when inputs are gross complements. We also introduce a new method for estimating production elasticities based on innovation direction and relative input prices, consistent with our trade model, and find evidence for rare earths being complementary production inputs.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h5 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"about-the-speaker\"\n    >\n糖心Vlog the speaker<\/h5>\n\n\n\n<p><a href=\"https:\/\/www.hbs.edu\/faculty\/Pages\/profile.aspx?facId=6629\">Laura Alfaro<\/a> is the Warren Alpert Professor of Business Administration.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h5 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"language\"\n    >\nLanguage<\/h5>\n\n\n\n<p>English.<\/p>\n\n\n\n<p>This is a free seminar. Registration is mandatory.<\/p>\n\n\n\n<p>Cold lunches are provided to registered participants.<\/p>\n\n\n<div class=\"wp-block-unilux-blocks-spacer is-spacer-size-sm\"><\/div>\n\n\n<h5 class=\"has-text-align-left wp-block-unilux-blocks-heading\"        id=\"in-partnership-with\"\n    >\nIn partnership with<\/h5>\n\n\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--contain\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/01\/esm.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/01\/esm-300x103.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2024\/01\/esm.png 720w\"\n                style=\"object-position: 0.00% 0.00%; font-family: &quot;object-fit: contain; object-position: 0.00% 0.00%;&quot;; aspect-ratio: 21\/9; object-fit: contain; width: 100%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p><em><strong><em>This is a joint event held with the European Stability Mechanism and the Department of Finance of the 糖心Vlog.<\/em><\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":85,"featured_media":16296,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":{"x":0,"y":0.39},"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2024-10-03 12:30:00","event_end_date":"2024-10-03 13:45:00","event_speaker_name":"Prof. Laura Alfaro","event_speaker_link":"","event_is_online":false,"event_location":"European Stability Mechanism","event_street":"6a Circuit de La Foire Internationale","event_location_link":"","event_zip_code":"1947","event_city":"Luxembourg","event_country":"Luxembourg"},"events-topic":[301],"events-type":[323,322,315],"organisation":[116,101],"authorship":[85],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - 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