Jaedo Choi

Economist @UTAustin. Graduated from @umichECON @MichiganRoss. I study international economics and macroeconomics.

[Jaedo Choi @JaedoChoi]

Our new @nberpubs project on US-China technology rivalry with George Cui, Yongseok Shin, @ShimYounghun

Did US multinationals transfer too much technology to China through joint ventures (JV)?

This paper: Possibly, yes.

Why? US multinationals do not care about the negative impacts of their joint ventures on other US firms or the broader economy (1/N)

[NBER @nberpubs]

US multinational joint ventures in China transfer tech, raising long-term competition and harming other US firms. The over-investment hurt US workers and overall welfare, from @JaedoChoi, George Cui, @ShimYounghun, and Yongseok Shin https://t.co/ksfi275yCP

[VoxDev @vox_dev]

During South Korea’s growth miracle decades, firm concentration rose sharply. The largest firms powered the rise in concentration and contributed to the growth miracle.

[Hamid Firooz @firooz_hamid]

Did the U.S. win or lose its trade war with China? In a recently published paper @JEEA_News, we find U.S. welfare losses from the 2018-19 tariff war are more than twice as high once markups and profit shifting are taken into account, while China benefited slightly. Link below.🧵

[Julieta Caunedo @juli_caunedo]

Lot's of open questions for macro-dev and micro-dev economists to better inform policy!
with/@PorzioTommaso, and wonderful co-editors, @dargente05
@JaedoChoi, Y. Tang, @DanialLashkari , J. Moscona, K. Sastry, @DeivyHoueix, @federi_ro, @EconLulu, E Kelley & C Walsh

[Gustavo de Souza @GusMicrotoMacro]

The @UChi_Economics rule is 2 minutes per slide. Mike Golosov also added that each slide should have at most four bullets. I found this rule to only be viable at @UChi_Economics . Audiences show a wide range of interaction, most way below the Uchicago level. So I follow this rule:
- each slide should have only one idea, at most four bullets, and a bullet can never break a line
- if I know that the audience wants interaction, I follow the Uchicago gold standard
- if I am uncertain, I do one minute per slide and adjust during the talk.

[Tommaso Porzio @PorzioTommaso]

Looking forward to this 👇! It was so much fun working with a team of brilliant economists to summarize the state of the literature on the role of technology for economic development. Connect with us to see and discuss a “policy-focused” summary!

[Jaedo Choi @JaedoChoi]

Newly revised draft with @ShimYounghun!

When should countries switch from adoption-led to innovation-led growth?

This transition is key to escaping thr middle income trap.

Using historical technology-transfer data, we explore how South Korea's policy facilitated it.

[Empirical Macroeconomics Policy Center of Texas @EMPCT_MacroTX]

New working paper: 𝐅𝐫𝐨𝐦 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐭𝐨 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: 𝐒𝐭𝐚𝐭𝐞-𝐃𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐭 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐏𝐨𝐥𝐢𝐜𝐲 𝐢𝐧 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬

by @JaedoChoi and Younghun Shim

Link to the paper: https://t.co/fIo1P8uXlf

[Jaedo Choi @JaedoChoi]

@EppingerEcon Thanks, Peter!

[Jaedo Choi @JaedoChoi]

The best part of publishing the JMP is that I never have to open it again!

[The Review of Economics and Statistics (REStat) @restatjournal]

Just Accepted new paper, “Industrialization and the Big Push: Theory and Evidence from South Korea” by Jaedo Choi and Younghun Shim https://t.co/9oPPWrNFei

[Jaedo Choi @JaedoChoi]

@_seulakim Thanks, Seula!

[Jaedo Choi @JaedoChoi]

@hhaishili Thanks, Harry!

[Jaedo Choi @JaedoChoi]

@xiaomaucsd Thanks, Xiao!

[Jaedo Choi @JaedoChoi]

@dix_rafael More than grateful. Thanks for the very kind words, Rafael!

[Jaedo Choi @JaedoChoi]

@LuWenyuan1 You will read 1000 times more :)

[Jaedo Choi @JaedoChoi]

@JhengShao With endogenous growth and dynamics in comoarative advantage, many interesting things happen. Their 1991 book is a masterpiece!

[Jaedo Choi @JaedoChoi]

@firooz_hamid Thanks Hamid!

[Jaedo Choi @JaedoChoi]

@ArielWein Thanks Ariel @ArielWein !

[Jaedo Choi @JaedoChoi]

@emilio_col Thanks Emilio @emilio_col !

[Jaedo Choi @JaedoChoi]

@ShinnKikuchi Thanks @ShinnKikuchi !

[Jaedo Choi @JaedoChoi]

@johannesmboehm Thanks @johannesmboehm !

[Jaedo Choi @JaedoChoi]

@_ChoongYang Thanks @_ChoongYang !

[Jaedo Choi @JaedoChoi]

@UpdatedPriors Thanks, Ryan @UpdatedPriors !