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時間：2023年4月12日（周三） 12:00-13:30

地點：明德主樓729會議室

主持人：胡思捷

主講人：張曉鳴

題目：Awakening Latent Human Capital: the Opening-up and Entrepreneurship in Modern China

內容簡介：

While human capital is a strong determinant of economic development in almost all time periods, its function for the Industrial Revolution has been controversial. When the first wave of industrialization swept around the globe, local elites well versed in their traditional education were often viewed as the very antithesis of what industrialization needed. To resolve this puzzle, we study this question in the context of China's first-ever full-scale exposure to Western influence, using an 1840-1904 prefecture-level panel dataset. By utilizing a novel bibliometric measure as a proxy for the historical stock of human capital, we show that book density is a significant and positive predictor for modern firm creation upon the opening of treaty ports in China. Robustness checks such as alternative measures and an instrumental variable approach confirm this pattern. Finally, by merging data with the Civil Service Examination (keju), we shed light on the mechanism and test how keju affected the re-allocation of talent when new entrepreneurial career options emerged: it was the human capital outside of the civil servants that was mobilized into industrial entrepreneurship.

主講人簡介：

張曉鳴，香港大學經濟與工商管理學院博士，現任浙江大學“新百人計劃”研究員。研究領域包括經濟史與組織理論等。研究涉及經濟史、量化歷史、政治經濟學等，尤其關注中國早期復雜社會的興起與衰落、科舉制度的社會影響、古代官僚組織的選任與激勵設計等議題。