Arbeitspapier

Does the belt and road initiative stimulate Chinese exports? The role of state-owned enterprises

This paper evaluates firms' exporting responses to BRI and considers their heterogeneity in ownership types, product types, regional origin and trade mode. This is done by analyzing firm-product-destination level customs data from 2011 to 2015 in a gravity model framework. Our empirical results show that aggregate export behavior did not change significantly after BRI. However, ownership matters when evaluating firms' reactions. SOEs increase their total exporting and average export value (the intensive margin) to BRI countries, while private domestic firms show no reaction to BRI at any margin. Further, our results on regional heterogeneity suggests that "open through the west", i.e., boosting the development of western regions in China, did not appear to work in the short term. Our findings show clearly the implications of BRI's impact from a firm level perspective.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 2148

Klassifikation
Wirtschaft
Trade: General
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Thema
Belt and Road Initiative
firm's export
extensive margin
intensive margin
state-owned firms

Ereignis
Geistige Schöpfung
(wer)
Görg, Holger
Mao, Haiou
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2020

Handle
Letzte Aktualisierung
24.06.0060, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Görg, Holger
  • Mao, Haiou
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2020

Ähnliche Objekte (12)