中国企业“出口-生产率悖论”的新解读——基于企业寻租与创新的双重选择

A Novel Interpretation for Productivity Puzzle of Chinese Exporters:Rent-seeking or Innovation

利用2000—2015年中国纺织服装业的相关数据,借助中国出口配额取消这一政策冲击,对中国企业的"出口-生产率悖论"进行了实证分析,并根据营商环境的相关数据提出假设——企业在寻租能力与创新能力上的双重异质性是理解该悖论的关键。在经典Melitz模型的基础上引入制度因素——企业的寻租能力,建立了具有二维异质性的拓展Melitz模型并进行了均衡分析,从企业选择的视角对悖论进行了全新解读,并据此讨论了反腐与企业创新的内在关系。

This paper empirically analyzes the productivity puzzle of Chinese exporters from the perspective of firms,taking advantage of one policy shock,quota removal in Chinese textile and clothing industry.According to the export data of Chinese textile and clothing industry and the index of business regulations for local firms from World Bank,it proposes that the dual heterogeneity of firms,rent-seeking and innovation,are the key driven forces for this puzzle.Based on the Melitz model,it endogenously introduces rent-seeking capacity into the basic model,and constructs an extended Melitz model with two-dimension heterogeneity,which could result in a novel interpretation for this puzzle and link China's current anti-corruption campaign to firms’innovation.