Page 112 - Undergraduate Research Opportunities Program Proceedings 2017-18

School of Business and Management
Department of Economics

marriage serves as a stronger signal to indicate the high quality of people and thus spouse poaching could increase the
expected marital satisfaction. Based on this finding, it is suggested that people’s moral belief should be educated and
extra punishment should be imposed to people involved in spouse poaching in order to reduce the spouse poaching
phenomena. Further extensions could be applying more game theory models to analyze the marriage market and give
more rigorous arguments and rational suggestions.

Firms in Globalization: Evidence from China

Supervisor: LI Yao / ECON
Student: LIU Yiming / ECOF Course: UROP1100, Spring
LU Lingfei / ECOF UROP1100, Spring
WU Xueying / ECOF UROP1100, Spring
ZHANG Jiayue / ECOF UROP1100, Spring

China and the United States are the two largest economies in the world. The potential trade war between these two
countries has a wide effect on the global trading system. The purpose of our research is to show the trade relationships
between China and U.S. by analyzing their import and export data from 2014 to 2015. The analysis identifies the sizes of
import and export of China to U.S. and compare them with the total amount annually. We also compared our findings
with the data from the Chinese General Administration of Customs to check for accuracy. And these findings can be used
for further analysis of how the two countries plan the tariff product list of the potential trade war.

Supervisor: LI Yao / ECON
Student: LIU Zining / ECOF Course: UROP1100, Fall
TAN Dongni / ECOF UROP1100, Fall
WANG Chen / QFIN UROP1100, Fall

This report focuses on the firm dynamics in the leather shoe industry in China and the impact of tariff on firms’ import
decisions. We first convert the HS2002 productcode to HS1996 productcode for data consistency. Then we analyze the
industry composition represented by entry and exit dynamic pattern from the year 2000 to 2006. Finally, we incorporate
CIECustoms0006 import data, tariff data into the leather shoes panel and get a new dataset specifying firms’ yearly
import products with the corresponding tariff. We use cust2000-2006 import data to do the same merge, and find out
using CIE data can generate higher matching rates.

Supervisor: LI Yao / ECON
Student: LO Pui Sum / ECOF Course: UROP1100, Summer

This paper summarized the progress of the investigation of the impacts brought by the One Belt, One Road Initiatives
(OBOR) to the trade flows between China and its trading partners. Bilateral trade panel data between China and 215
countries, including 71 OBOR countries, are worked on based on the years before and after the OBOR initiation by
applying the Gravity Equation. World Integrated Trade Solution (2018) and CEPII database (Gravity CEPII, 2018) for the
years of 2010 to 2016 were used to analyze whether being a member of OBOR would bring an advantageous effect on
trading for both China and its trading partners as stated as one of the initiative goals. Other controlling factors, weighted
distance and GDP, were also included in the model so as to allay potential biases. The findings showed a positive result
towards the hypothesis of the present of a beneficial impact on trade between China and OBOR countries.

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