人民币汇率与中国出口的二元边际:基于多产品企业的研究视角
发布时间:2018-08-28 18:26
【摘要】:本文参考Bernard等(2014)的方法对中国多产品出口企业二元边际进行分解,同时利用2000-2006年的中国工业企业数据库和海关数据库的匹配数据测算出了企业层面的实际有效汇率,在考虑企业生产率、融资约束和补贴的基础上研究人民币汇率对中国多产品出口企业二元边际的影响。实证结果发现,人民币汇率变化对中国企业出口值的影响是通过扩展边际和集约边际同时产生作用的,且两者的作用差不多,自变量滞后一期后的结果依旧稳健。此外,当企业所有制性质和所在地区不同时,人民币汇率变动对其出口额的影响渠道和机制存在很大的差异。
[Abstract]:Referring to the method of Bernard et al. (2014), this paper decomposes the dualistic margin of Chinese multi-product export enterprises, and calculates the actual effective exchange rate at the enterprise level by using the matching data of Chinese industrial enterprise database and customs database from 2000 to 2006. This paper studies the influence of RMB exchange rate on the dualistic margin of Chinese multi-product export enterprises on the basis of considering the productivity, financing constraints and subsidies. The empirical results show that the impact of RMB exchange rate changes on the export value of Chinese enterprises is simultaneously affected by the expansion of marginal and intensive margins, and the two effects are similar, and the results of independent variables lagging behind one period are still stable. In addition, when the nature of enterprise ownership and different regions, the impact of RMB exchange rate changes on its export channels and mechanisms are very different.
【作者单位】: 厦门大学经济学院;宁波大学商学院;上海交通大学安泰经济与管理学院;
【基金】:国家商务部、上海市合作课题“我国加快自由贸易区建设的全球布局与谈判策略研究”(SZ1200065)的资助
【分类号】:F832.6;F752.62
[Abstract]:Referring to the method of Bernard et al. (2014), this paper decomposes the dualistic margin of Chinese multi-product export enterprises, and calculates the actual effective exchange rate at the enterprise level by using the matching data of Chinese industrial enterprise database and customs database from 2000 to 2006. This paper studies the influence of RMB exchange rate on the dualistic margin of Chinese multi-product export enterprises on the basis of considering the productivity, financing constraints and subsidies. The empirical results show that the impact of RMB exchange rate changes on the export value of Chinese enterprises is simultaneously affected by the expansion of marginal and intensive margins, and the two effects are similar, and the results of independent variables lagging behind one period are still stable. In addition, when the nature of enterprise ownership and different regions, the impact of RMB exchange rate changes on its export channels and mechanisms are very different.
【作者单位】: 厦门大学经济学院;宁波大学商学院;上海交通大学安泰经济与管理学院;
【基金】:国家商务部、上海市合作课题“我国加快自由贸易区建设的全球布局与谈判策略研究”(SZ1200065)的资助
【分类号】:F832.6;F752.62
【参考文献】
相关期刊论文 前5条
1 张会清;唐海燕;;人民币升值、企业行为与出口贸易——基于大样本企业数据的实证研究:2005~2009[J];管理世界;2012年12期
2 钱学锋;王胜;陈勇兵;;中国的多产品出口企业及其产品范围:事实与解释[J];管理世界;2013年01期
3 李宏彬;马弘;熊艳艳;徐Z,
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