中美负面事件对中国上市公司出口绩效的影响分析

Analysis of the Impact of Sino-US Negative Events on the Export Performance of Chinese Listed Companies

使用大数据分析方法、采用GDELT数据库中的负面事件新闻数据衡量中美冲突,研究发现:中美负面事件发生次数显著降低中国上市公司出口绩效,这种负面影响在消除内生性影响后仍然存在。此外,中国交通运输能力提升、外商投资增加、与世界其他地区的经贸关系发展以及企业自身良好的经营水平等,都能在一定程度上缓解中美冲突对中国企业出口绩效的负面影响。

Using big data analysis methods and negative event news data in the GDELT database to measure SinoUS conflicts,the study found that the number of Sino-US negative events significantly reduced the export performance of Chinese listed companies.This negative impact persisted after eliminating endogenous effects.In addition,the improvement of China’s transportation capacity,the increase of foreign investment,the development of economic and trade relations with other parts of the world,and the good management level of the enterprises themselves can all alleviate the negative impact of the Sino-US conflict on the export performance of Chinese enterprises to a certain extent.