Enhancing competitiveness and fostering sustainable growth: methodological issues and empirical results

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ECB-PUBLIC European Central Bank conference Enhancing competitiveness and fostering sustainable growth: methodological issues and empirical results Thursday, 25 and Friday, 26 June 2015 European Central Bank, Press Centre Frankfurt am Main 1

Thursday, 25 June 2015 08:00 08:45 09:00 Registration Welcome address Peter Praet, Member of the Executive Board, European Central Bank Introductory remarks Filippo di Mauro, European Central Bank Session 1 Global Value Chains Chair: Carlo Altomonte, Bocconi University 09:30 10:10 10:50 11:15 12:45 Import Competition, Productivity and Multi-Product Firms Emmanuel Dhyne, Banque Nationale de Belgique; Amil Petrin, University of Minnesota; Valerie Smeets, Aarhus University; Frederic Warzynski, Aarhus University The Trade and Import Demand Nexus Any Changes From Global Value Chains? Alexander Al-Haschimi, Frauke Skudelny and Elena Vaccarino, European Central Bank; Julia Wörz, Oesterreichische Nationalbank Richard Baldwin, The Graduate Institute, Geneva; Robert C. Johnson, Dartmouth College; Marcel Timmer, Rijksuniversiteit Groningen Lunch Session 2 Resource Allocation and Growth Chair: Eric Bartelsman, Vrije Universiteit Amsterdam 13:40 14:20 15:00 15:30 Capital Allocation and Productivity in South Europe Gita Gopinath, Harvard University; Sebnem Kalemli-Ozcan, University of Maryland; Loukas Karabarbounis, University of Chicago Booth School of Business; Carolina Villegas-Sanchez, Escuela Superior de Administración y Dirección de Empresas Productivity, Misallocation and Trade Antoine Berthou, and Charlotte Sandoz, Banque de France; Kalina Manova, Stanford University Jan De Loecker, Princeton University; John Van Reenen, London School of Economics; Chad Syverson, The University of Chicago Booth School of Business 2

17:00 17:15 Coffee Break Round Table: Towards Sustainable Growth Chair: Peter Praet, Member of the Executive Board, European Central Bank Rapporteurs: João Luíis Morais Amador and Paloma López-Garcia, Competitiveness Research Network (CompNet), European Central Bank Panellists: Boris Vujčić, Governor of Hrvatska narodna banka; Paolo Pesenti, Federal Reserve Bank of New York; Lucrezia Reichlin, London Business School; Gilbert Cette, Banque de France 18:45 19:30 End of day Dinner InterContinental Frankfurt, Frankfurt am Main Friday, 26 June 2015 08:15 Registration and coffee Session 3 Trade and Competitiveness Chair: Carlo Altomonte, Bocconi University 09:00. 09:40 10:20 10:45 12:15 It takes (more than) a moment: Revisiting the link between firm productivity and aggregate exports Giorgio Barba Navaretti, Università degli Studi di Milano; Matteo Bugamellli, Banca d'italia; Emanuele Forlani, Università degli Studi di Pavia; Gianmarco I.P. Ottaviano, London School of Economics Unravelling Firms: Demand, Productivity and Mark-ups Heterogeneity Emanuele Forlani, University of Pavia; Ralf Martin, Imperial College London; Giordano Mion, University of Surrey; Mirabelle Muûls, Imperial College London Andrew Bernard, Tuck School of Business at Dartmouth; Marc Melitz, Harvard University; Gianmarco Ottaviano, London School of Economics Lunch 3

Session 4 Firm Heterogeneity and the Business Cycle Chair: Eric Bartelsman, Vrije Universiteit Amsterdam 13:10 13:50 14:30 15:00 16:30 16:45 Exchange rate movements, firm-level exports and heterogeneity Antoine Berthou, Banque de France; Calin-Vlad Demian, Central European University; Emmanuel Dhyne, Banque Nationale de Belgique Demand learning and firm dynamics: evidence from exporters Nicolas Berman, The Graduate Institute, Geneva; Vincent Rebeyrol, Toulouse School of Economics; Vincent Vicard, Banque de France Fabio Ghironi, University of Washington; James Tybout, Pennsylvania State University Round Table: Restoring growth after the Great Recession Chair: Vítor Constâncio, Vice-President, European Central Bank Rapporteurs: Antoine Berthou and Konstantins Benkovskis, Competitiveness Research Network (CompNet), European Central Bank Athanasios Orphanides, Massachusetts Institute of Technology Sloan School of Management; Debora Revoltella, European Investment Bank; William Maloney, World Bank 18:15 18:30 CompNet wrap up End of conference 4

ECB-PUBLIC Conference dates Conference venue Conference language Transfers Dinner venue Contacts Thursday, 25 and Friday, 26 June 2015 European Central Bank Press Centre Sonnemannstraße 20 60314 Frankfurt am Main Tel.: +49 (0) 69 1344 0 Fax: +49 (0) 69 1344 6000 E-mail: info@ecb.europa.eu English Participants are requested to arrange their own transfers from and to the airport, unless indicated otherwise InterContinental Frankfurt Wilhelm-Leuschner-Straße 43 60329 Frankfurt am Main Tel.: 069 26 050 Sabine Prennig Management Assistant Directorate General Research Tel.: +49 (0) 69 1344 5567 E-mail: sabine.prennig@ecb.europa.eu Jutta Auth Directorate General Communications Outreach Division E-mail: DGC-Events@ecb.europa.eu Website www.ecb.europa.eu Please note that this programme may be subject to change without notice. 5