کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7342480 1476256 2017 63 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The impact of tariff reductions on firm dynamics and productivity in China: Does market-oriented transition matter?
ترجمه فارسی عنوان
تاثیر کاهش تعرفه ها بر پویایی و بهره وری شرکت در چین: آیا موضوع انتقال به سمت بازار است؟
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
This paper investigates the impact of trade liberalization on firm dynamics and productivity in the context of dramatic tariff reductions after China's accession to the WTO, and how this impact varies across regions with different marketization levels. Our results show that (a) on average, output tariff reductions tend to reduce firm entry rate and increase firm exit rate, while input tariff reductions help to increase both firm entry rate and exit rate, furthermore, regional marketization strengthens the impact of trade liberalization on firm dynamics; (b) trade liberalization exerts greater impact on the likelihood of exit for the least productive firms while it tends to reduce the probability of exit for the more productive firms, with regional marketization strengthening such a reallocation process of trade liberalization; (c) firm dynamics effect contributes approximately 43% of the growth of productivity, and it (especially the firm exit effect) is an important channel through which trade liberalization fosters productivity growth, and domestic market reform is found to strengthen such an impact.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: China Economic Review - Volume 45, September 2017, Pages 168-194
نویسندگان
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