行政审批改革与制造业资源配置

Administrative Approval Reform and Manufacturing Resource Allocation

本文构建一个包含异质性企业研发创新和市场进入退出的一般均衡模型,推导行政审批改革对企业内和企业间资源配置的影响,并利用中国制造业企业数据进行实证检验。研究发现:行政审批改革既会优化企业内资源配置,也会优化企业间资源配置,进而带来加总制造业生产率提升。进一步检验微观机制发现:一方面,行政审批改革降低企业各项成本,刺激企业研发创新,推动企业自身生产率提升;另一方面,行政审批改革也会加剧企业间竞争,通过异质性企业规模变化和市场进入退出,引导资源由低生产率企业向高生产率企业流动,优化企业间资源配置。

This paper builds a general equilibrium model, incorporating innovation and market entry and exit, deriving the effect of administrative approval reform on resource allocation within and among enterprises, and conducting empirical tests, using micro-manufacturing data in China. The results indicate that the administrative approval reform not only improves resource allocation within enterprises, but also improves resource allocation among enterprises, and hence increases aggregate manufacturing productivity. The study further examines micro-mechanisms and finds that, on the one hand, administrative approval reform reduces costs, stimulates innovation, and promotes productivity of enterprises, and on the other hand, the reform intensifies market competition and leads resource flowing from low productivity enterprises to high productivity enterprises through size adjustment and market entry and exit of heterogenous enterprises, thus optimizing resource allocation between enterprises.