主题: Gains and pains: Reshoring and government procurement contracts
题目：利弊相随：制造业回流与本国政府采购
时间: 2026年4月15日上午9:00-10:00
地点: 管理科研楼105室（二案）
主讲人: Xu Yan, PhD candidate, Department of Management, HKUST Business School
Bio:
Xu Yan is a Ph.D. candidate in the Department of Management at the HKUST Business School. He obtained his Bachelor’s and Master’s degrees in Management from Nankai University. His research focuses on how multinational enterprises make strategic decisions in the context of grand challenges, including how they respond to geopolitical conflicts, the impact of nationalism on foreign investment decisions, and how manufacturing reshoring reshapes the relationship between firms and governments.
照片：
As deglobalization reshapes global economic integration, firms are increasingly reshoring operations to their home countries in response to rising geopolitical tensions and supply chain vulnerabilities. Reshoring signals alignment with government policy preferences, seemingly creating conditions for improved government–firm relations and enhanced access to public resources. However, the very act of returning operations home may fundamentally alter the structural foundations of these relationships, raising questions about whether political alignment translates into strengthened positions or creates new vulnerabilities. We examine how reshoring affects government–firm relationships in the context of government procurement, proposing that reshoring generates both political legitimacy benefits and structural dependence costs. Analyzing reshoring announcements by U.S. listed firms and federal procurement records from 2010 to 2023, we find that firms announcing reshoring are likely to get more government contracts as governments reward visible domestic commitment. However, reshoring simultaneously reduces firms’ bargaining power during contract renegotiations, as domestic concentration limits credible alternatives and increases vulnerability to government demands. The geopolitical context further shapes these dynamics.