Arbeitspapier
Growing Like China: Firm Performance and Global Production Line Position
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and how this evolves with productivity and performance over the firm lifecycle. We document a sharp rise in the upstreamness of imports, stable positioning of exports, and rapid expansion in production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more stages as they grow more productive, bigger and more experienced. This is accompanied by a rise in input purchases, value added in production, and fixed cost levels and shares. It is also associated with higher pro fits though not with changing profit margins. We rationalize these patterns with a stylized model of the firm lifecycle with complementarity between the scale of production and the scope of stages performed.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 8536
- Classification
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Wirtschaft
Trade: General
Empirical Studies of Trade
Multinational Firms; International Business
Organization of Production
Contracting Out; Joint Ventures; Technology Licensing
Firm Performance: Size, Diversification, and Scope
- Subject
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global value chains
production line position
upstreamness
firm heterogeneity
firm lifecycle
China
- Event
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Geistige Schöpfung
- (who)
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Chor, Davin
Manova, Kalina B.
Yu, Zhihong
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and Ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2020
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Chor, Davin
- Manova, Kalina B.
- Yu, Zhihong
- Center for Economic Studies and Ifo Institute (CESifo)
Time of origin
- 2020
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