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
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