出口与企业生产率——基于中国制造业969家上市公司数据的检验

Export and Enterprise Productivity——An Empirical Test Based on the Data from 969 Listed Companies in Chinese Manufacturing Industry

新-新贸易理论是国际贸易的学术前沿,而出口与企业生产率的关系是其中的一个重要内容。按照该理论,企业的出口贸易行为选择是由其异质性即生产率差异决定的,在出口和只供应国内市场的两类企业中,生产率高的企业会选择出口贸易,而生产率低的企业只供应国内市场。这一结论的经验检验文献已较为丰富,但用中国企业数据进行的分析并不多见,在此背景下,本文选取了中国制造业969家上市公司,分9大行业验证了出口与企业生产率之间的关系,结果显示中国企业数据是符合新-新贸易理论的结论的。

New - new trade theory is the academic pioneer in international trade and the relationship between export and enterprise productivity is a main content of the theory. According to the theory, enterprises＇ export behavior is determined by its productivity difference. Of the export and domestic enterprises, enterprises with high productivity choose export and enterprises with low productivity choose only domestic market. There are a lot of empirical tests to this result, but few tests use data of Chinese enterprises. The paper chooses 696 listed companies in our country＇ s manufacturing industry, classifies them into 9 industries and tests the relationship between export and enterprise productivity. The result shows that the data of Chinese＇ enterprises accord with the conclusion of new-new trade theory.