Applied Econometrics; Innovation and Growth; Chinese Economic History
Li Duan graduated with majors in economics and history from UC- Berkeley and then joined MAPSS master program in economics with scholarship at the University of Chicago. During college, Li’s history honor thesis received the 2014 Charlene Conrad Liebau Library Prize for Undergraduate Research at Berkeley. Li’s earlier research experience includes full-time research assistant at Berkeley and Northwestern University focusing on economic history on Chinese technology change. Li’s master thesis comparatively studies British and Chinese textile industry right before the Industrial Revolution. Later work at Northwestern collects long term historical data on Chinese technology to empirically test how political competition stimulated technology development. Currently Li focuses on innovation, firm dynamics and growth in developing market like China. Specifically about China, Li’s research wants to understand the link between innovation and economic growth under a developmental state structure and studies the optimal policies as remedies to failures in the emerging market. About methodology, in future PhD studies, Li plans to zoom into the microeconomics of firms and venture capitals, and then formalize the mechanism captured with micro-data above using the rich theoretical frameworks in macroeconomics such as the 30-year-old endogenous growth literature.