融资约束、出口与本土制造业出口技术复杂度升级——基于微观企业层面的机理与实证

Credit Constraints, Export and the Evolution of Technology Content of Chinese Manufacturing Industries' Export——Theoretical and Empirical Study on Enterprise Level

构建了基于微观"属企"原则的出口技术复杂度新型测度方法,形成了刻画融资约束、出口与出口技术复杂度作用机制的理论框架,并从国民经济行业三位码层面就融资约束和出口对本土制造业出口技术复杂度的作用机制进行实证分析。研究发现:(1)虽然近几年本土制造业进行了大力的赶超,但多数本土制造业出口技术复杂度并未超越外资;(2)融资约束和外需不足对本土制造业出口技术复杂度提升表现出显著的负效应,出口对出口技术复杂度升级的促进作用多通过边际深化实现;(3)资本密集型本土制造业出口技术复杂度的赶超步伐偏离了自身劳动力技能的积累速度。

This paper constructs a new measure for export sophistication study. Through extending G-S model, we derive the effect of credit constrains and export to technology content of export. This paper also estimates the effect of credit constrains and exports to Chinese native manufacturing industries from 3-digital level. The results show that although Chinese native enterprises take strategies to catch up, most native industries have lower content of technology. The effect of credit constrains and export extensive to the technology content of native industries＇ export are negative, but the export and export intensives＇ effect is positive, the speed of catch-up in capital intensive industries does not fit with their own human capital accumulation.