Exports and innovation under trade conflicts: A dynamic and heterogeneous perspective

被引:4
作者
Wu, Ruohan [1 ]
Jiang, Zheng [2 ]
Shi, Huimin [3 ]
机构
[1] Univ North Georgia, Dept Econ & Finance, Dahlonega, GA USA
[2] Cent Univ Finance & Econ, China Acad Publ Finance & Publ Policy, Beijing, Peoples R China
[3] Renmin Univ China, Sch Econ, Inst Chinas Econ Reform & Dev, Mingde Main Bldg 59,Zhongguancun St, Beijing, Peoples R China
基金
中国国家自然科学基金;
关键词
Exports; innovation; production; learning-by-exporting; trade conflicts; LIBERALIZATION; PRODUCTIVITY; INVESTMENT; GROWTH; IMPACT; CHINA;
D O I
10.1080/09638199.2022.2136736
中图分类号
F [经济];
学科分类号
02 ;
摘要
We build a dynamic and heterogeneous firm-level model that embodies joint decisions to export and innovate and allows both decisions to affect the firm's production growth. We calibrate the model based on Chinese manufacturing firm data from 2005 to 2007 and find that: (1) the industry dynamics are driven by both self-selection and learning-by-exporting mechanisms, in which firms' exports and innovation work in tandem, (2) an increasing tariff causes much a bigger negative impact than an increasing entry cost, and (3) the negative impacts of a trade conflict heavily depend on its severity as well as timing.
引用
收藏
页码:773 / 792
页数:20
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