贸易政策不确定性与中国出口企业加成率——基于企业异质性视角的分析

Trade Policy Uncertainty and Export Firms' Markup-Based on the View of Firm's Heterogeneity

基于中国工业企业数据库和海关数据库的数据,本文从微观异质性企业的视角考察贸易政策不确定性对中国出口企业加成定价的影响,检验贸易政策不确定性对不同所有制、不同贸易方式、不同出口目的地的企业出口加成率影响的差异性。研究表明:贸易政策不确定性的降低有利于提高出口企业的加成定价能力,其对外资企业的影响大于内资企业,对加工贸易企业的影响大于一般贸易企业;贸易政策不确定性对出口企业加成率的影响具有时滞性,其影响程度随着时间的推移而增强;贸易政策不确定性对出口企业加成率的影响,随着中国与贸易对象国之间地理距离的扩大而增强。

Based on the data of Chinese industrial enterprise database and customs database, this paper examines the impact of trade policy uncertainty on the pricing of China＇s export enterprises from the perspective of micro heterogeneity enterprises, and tests the impact of the uncertainty of the trade policy on the enterprises export addition rate with different ownerships, different trade patterns and different export destinations. The reduction of trade policy uncertainty is beneficial to improve the pricing power of export enterprises, and its impact on foreign enterprises is greater than that of domestic enterprises, and the impact on processing trade enterprises is greater than that of general trade enterprises; the impact of trade policy uncertainty on the rate of export enterprises has time lag, and its influence degree is enhanced over time ; the impact of trade policy uncertainty on export enterprises plus rate increases with the expansion of the geographical distance between trade partners and China.