市场结构框架下汇率波动对企业生产率的影响分析

发布时间：2018-03-27 21:30

本文选题：行业实际加权汇率　切入点：行业集中度　出处：《复旦大学》2014年硕士论文

【摘要】：本文将用HHI衡量的市场结构因素纳入考察实际汇率波动对企业生产率作用机制的理论模型,并且运用面板数据分别对从事出口和不从事出口的企业进行实证分析。实证结果发现：(1)汇率升值对所有类型企业的生产率的直接影响均显著为负。(2)汇率升值会通过进口竞争效应显著提高国内竞争程度较弱的行业中非出口企业的生产率。(3)汇率升值会通过出口市场冲击显著降低国内出口企业的生产率,并且这种负面影响与企业所处行业的市场集中度和企业出口依存度正相关。另外,运用Heckman两步法回归发现：汇率升值带来的进口竞争效应部分是通过企业研发支出、职工培训这两个途径实现的。
[Abstract]:In this paper, the market structure factors measured by HHI are included in the theoretical model to examine the mechanism of real exchange rate fluctuations on enterprise productivity. The empirical results show that the direct effect of exchange rate appreciation on the productivity of all types of enterprises is significantly negative. The effect of over-import competition can significantly improve the productivity of non-export enterprises in industries with weak domestic competition.) the appreciation of exchange rate will significantly reduce the productivity of domestic export enterprises through export market shocks. Moreover, the negative effects are positively related to the market concentration and export dependence of the enterprises. In addition, the Heckman two-step regression method is used to find that the import competition effect brought by exchange rate appreciation is partly through enterprise R & D expenditure. Staff training these two ways to achieve.
【学位授予单位】：复旦大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F273;F832.6

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