04 November 2026 12:30 - 14:00

This event is both online and in person.

SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH

Online participants are welcome:
Please contact Lia Bergin (Communications and Events Assistant) l.bergin@lse.ac.uk to receive event updates and a link to the seminar online.

About this event

Rare earth elements are critical inputs for high-technology industries, yet their global supply chain, particularly in the processing stage, is dominated by China. We develop a quantifiablemulti-countrygeneralequilibriummodelwiththreevertically linked sectors: mining, refining, and advanced manufacturing. In this model, a vertically integrated incumbent refining firm deters entry through strategic overproduction, endogenously determining market structure in the refining sector. Calibrating the model to match key moments in global rare earth trade and using novel rare earth pricing data, we show that low input substitutability gives China strategic power. Counterfactual analysis evaluates the welfare effects of Western entry subsidies, the 2011 Chinese export restrictions, and supply chain diversification policies.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

This event will take place in SAL 1.04, 1st Floor Conference Room, Sir Arthur Lewis Building, LSE, 32 Lincoln's Inn Fields, London WC2A 3PH.

Online participants are welcome:
Please contact Lia Bergin (Communications and Events Assistant) l.bergin@lse.ac.uk to receive event updates and a link to the seminar online.

The building is labelled SAL on the LSE campus map. You can also find us on Google Maps. For further information, go to contact us.

Trade and Urban Seminars are part of the CEP's Trade programme and Urban programme.