人民币汇率、企业创新与企业生存

发布时间：2018-11-09 16:00

【摘要】：人民币汇率升值是促进还是抑制了中国出口企业的创新?文章以2000~2010年的中国制造业企业数据为基础,尝试使用DID方法全面考察人民币升值对出口企业创新的作用。研究发现,人民币升值显著促进了中国出口企业的创新能力提升,并且人民币升值对出口企业创新的积极影响随着企业出口强度的提高而增强;引入企业异质性的分析表明,人民币升值对出口企业创新的影响受到企业融资状况和企业规模的制约;进一步地,文章全面考察了汇率的创新效应在不同知识产权保护程度地区的差异,发现良好的知识产权保护制度有利于强化人民币升值对出口企业创新的积极作用。最后,通过将生存分析方法纳入分析框架发现:人民币升值有益于延长企业的创新持续期,并且良好的知识产权保护制度可以增强人民币升值对出口企业创新持续时间的积极影响。文章结论为客观评估人民币汇率机制改革的创新效果提供了微观企业层面的证据。
[Abstract]:Does the appreciation of RMB promote or restrain the innovation of Chinese export enterprises? Based on the data of Chinese manufacturing enterprises from 2000 to 2010, this paper attempts to use the DID method to investigate the effect of RMB appreciation on the innovation of export enterprises. It is found that the appreciation of RMB significantly promotes the innovation ability of Chinese export enterprises, and the positive impact of RMB appreciation on the innovation of export enterprises increases with the increase of export intensity. The analysis of the heterogeneity of enterprises shows that the impact of RMB appreciation on the innovation of export enterprises is restricted by the financing situation and the scale of enterprises. Furthermore, the paper investigates the differences of the innovation effect of exchange rate in different areas of IPR protection, and finds that a good IPR protection system is conducive to strengthening the positive effect of RMB appreciation on the innovation of export enterprises. Finally, by incorporating the survival analysis method into the analysis framework, it is found that RMB appreciation is beneficial to prolong the innovation duration of enterprises. And a good intellectual property protection system can enhance the positive impact of RMB appreciation on the innovation duration of export enterprises. The conclusion provides the evidence of micro-enterprise level for objectively evaluating the innovation effect of RMB exchange rate mechanism reform.
【作者单位】：北京市社会科学院;
【基金】：北京市社会科学院青年课题(164002)
【分类号】：F273.1;F752.62;F832.6

【相似文献】