【主讲】Jinlan Ni 助教授 (美国内布拉斯加大学)
【主题】China's Successful Exporters: Firm-level Evidence
【时间】2011年6月14日 (周二) 15：30-17：00
【地点】上海财经大学经济学院楼801室
【语言】英文
【摘要】Firm-level data for about 200,000 manufacturing firms operating in China show that firms’ export propensity and intensity increase with previous export experience, size, labor-skill intensity, productivity, new product introductions, and R&D intensity. There is evidence in favor of within-industry positive exporting spillovers. Export propensity and intensity also vary by ownership type. We find no evidence that firm financial position is correlated with the decision to export or how much to export. But, when firms are grouped into continuous exporters, starters, switchers, and non-exporters, we find that firm ex ante financial position matters among non-exporters and starters, but not among continuous exporters. Therefore, sunk costs of entry do deter firms from exporting, but fixed continuing costs of servicing foreign markets do not. Finally, unlike firms in developed countries, exporting firms in China have lower liquidity; thus, firms in China draw on internal funds when expanding into foreign markets.
