This paper evaluates the causal effect of air pollution on the share of domestic value-added in exports for Chinese exporters.Precipitation is employed as an instrument for air pollution to alleviate the endogeneity.O...This paper evaluates the causal effect of air pollution on the share of domestic value-added in exports for Chinese exporters.Precipitation is employed as an instrument for air pollution to alleviate the endogeneity.Our baseline instrument variable estimation identifies a significant and negative effect of air pollution on the share of domestic value added in exports.Specifically,each 1 mg/m^(3) increase in yearly PM_(2.5) exposure is associated with 3.1447 units decrease of the domestic value-added rate of firms’exports.This result holds when wind speed,air flow index and thermal inversions are used as alternative instruments.Further,it is shown that air pollution is detrimental to the health of employees,and also has negative effect on firms’productivity as well as firms’innovation capacity.All of these may have a negative effect on domestic production and therefore reduce the share of value added done domestically.Lastly,greater effect is found for the central region,the east of Hu Huanyong line,cities of low altitude and high pressure,and also for foreign-invested firms.This paper provides empirical evidence that air pollution may affect the organization of global production,i.e.,the share of domestic value added in Chinese exports,and it certainly contributes to more comprehensive understanding of the effect of air pollution.展开更多
China’s swift and substantial economic growth over the past 20 years has made the country one of the top industrial powers in the world, second only the United States. From the perspective of ecology and the impact o...China’s swift and substantial economic growth over the past 20 years has made the country one of the top industrial powers in the world, second only the United States. From the perspective of ecology and the impact on the environment produced by economic and industrial growth, the exports that have driven rapid growth have also resulted in an alarming level of environmental pollution in major Chinese cities. Research has shown that the Chinese government’s investment in bringing down pollution levels has been insufficient and ineffective. The monetary amount allocated for pollution reduction has barely reached 0.15% of the country’s GDP and has failed to meaningfully reverse the effects of industrialization, including increased exports and economic growth rates affecting China’s ecology. The present study investigated China’s ecological situation in terms of the industrial production that has generated its level of exports, with special focus on problems related to water, air, and solid waste. An econometric analysis was conducted to determine the relationship between the main variables. The exports and GDP (dependent variable), air pollution, water pollution, and industrial solid waste (independent variables) were provided by the Institute of Statistics and the Environment Institute of China for this study. The data was managed in Econometric Eviews 7.0 software and yielded an adjusted R<sup>2 </sup>of 96.09% (high correlation) with an interesting correlation between the exports and three independent variables;after subsequent variable analysis, we found that investments in water and industrial solid waste were not significant (i.e., that said investments have failed to solve the pollution problem). It is necessary to review the Chinese investment policy with special attention to these variables to appropriately respond to China’s ecological crisis.展开更多
Since 2001, the exports of foreign-invested enterprises (FIEs) have accounted for more than 50percent of China's total exports. As foreign capital occupies a high proportion of the total capital of FIEs, most FIEs ...Since 2001, the exports of foreign-invested enterprises (FIEs) have accounted for more than 50percent of China's total exports. As foreign capital occupies a high proportion of the total capital of FIEs, most FIEs ' capital gains are foreign factor income. Although these gains are calculated as apart of China's GDP, they do not belong to China's national income. To determine the real contribution of exports to China "s welfare, the present paper analyses the impact of exports on China "s national income using a non-competitive input output model capturing processing trade. The results show that every US$1000 of China's exports generates US$506.8 of national income. The real contribution of exports to China "s welfare is much smaller than what we expected. This suggests that China should endeavor to improve the gains from international markets orfind another engine to maintain its economic growth.展开更多
Based on the perspective of international vertical specialization,this paper creates a set of new approach to estimating the domestic technological sophistication(DTS)of export goods.Deducting the values of imported i...Based on the perspective of international vertical specialization,this paper creates a set of new approach to estimating the domestic technological sophistication(DTS)of export goods.Deducting the values of imported intermediate inputs contained in export goods,this paper conducts an estimation and analysis of the DTS of China's industrial finished goods for export between 2002 and 2007 at the national,industrial and regional levels.Results of our study indicate that:(1) the DTS of China's export goods demonstrates an overall tendency of steady increase and its evolving pattern demonstrates distinctive differences across sectors;(2) the DTS is on the increase for natural resources sectors,low-technology sectors,medium-technology sectors and certain high-technology sectors including transportation equipment manufacturing,general and dedicated equipment manufacturing,and electrical machinery and apparatus manufacturing while the DTS is on the significant decrease for electronic and communication equipment manufacturing and instruments,meters and other metering devices manufacturing;and(3) provinces with relatively high average values of DTS of export goods are primarily located in China's eastern region while provinces with significant DTS growth rates are mainly located in China's central and western regions and the gaps of DTS of export goods among China's eastern,central and western regions have a tendency of convergence.展开更多
基金supported by the National Natural Science Foundation of China[Grant No.72003151,72173100,71703130]the National Social Science Fund of China[Grant No.21ZDA093]+2 种基金the Soft Science Research Program of Sichuan Province[Grant No.2021JDR0133]the Fundamental Research Funds for the Central Universities[Grant No.JBK2212019]the Major Project in Applied Economics of Southwest University of Finance and Economics on Special Funds for Double First-Class and Characteristic Development Guidance of Central Universities.
文摘This paper evaluates the causal effect of air pollution on the share of domestic value-added in exports for Chinese exporters.Precipitation is employed as an instrument for air pollution to alleviate the endogeneity.Our baseline instrument variable estimation identifies a significant and negative effect of air pollution on the share of domestic value added in exports.Specifically,each 1 mg/m^(3) increase in yearly PM_(2.5) exposure is associated with 3.1447 units decrease of the domestic value-added rate of firms’exports.This result holds when wind speed,air flow index and thermal inversions are used as alternative instruments.Further,it is shown that air pollution is detrimental to the health of employees,and also has negative effect on firms’productivity as well as firms’innovation capacity.All of these may have a negative effect on domestic production and therefore reduce the share of value added done domestically.Lastly,greater effect is found for the central region,the east of Hu Huanyong line,cities of low altitude and high pressure,and also for foreign-invested firms.This paper provides empirical evidence that air pollution may affect the organization of global production,i.e.,the share of domestic value added in Chinese exports,and it certainly contributes to more comprehensive understanding of the effect of air pollution.
文摘China’s swift and substantial economic growth over the past 20 years has made the country one of the top industrial powers in the world, second only the United States. From the perspective of ecology and the impact on the environment produced by economic and industrial growth, the exports that have driven rapid growth have also resulted in an alarming level of environmental pollution in major Chinese cities. Research has shown that the Chinese government’s investment in bringing down pollution levels has been insufficient and ineffective. The monetary amount allocated for pollution reduction has barely reached 0.15% of the country’s GDP and has failed to meaningfully reverse the effects of industrialization, including increased exports and economic growth rates affecting China’s ecology. The present study investigated China’s ecological situation in terms of the industrial production that has generated its level of exports, with special focus on problems related to water, air, and solid waste. An econometric analysis was conducted to determine the relationship between the main variables. The exports and GDP (dependent variable), air pollution, water pollution, and industrial solid waste (independent variables) were provided by the Institute of Statistics and the Environment Institute of China for this study. The data was managed in Econometric Eviews 7.0 software and yielded an adjusted R<sup>2 </sup>of 96.09% (high correlation) with an interesting correlation between the exports and three independent variables;after subsequent variable analysis, we found that investments in water and industrial solid waste were not significant (i.e., that said investments have failed to solve the pollution problem). It is necessary to review the Chinese investment policy with special attention to these variables to appropriately respond to China’s ecological crisis.
基金supported by the National Natural Science Foundation of China(Grant Nos.71003093, 70871108 and 70810107020)
文摘Since 2001, the exports of foreign-invested enterprises (FIEs) have accounted for more than 50percent of China's total exports. As foreign capital occupies a high proportion of the total capital of FIEs, most FIEs ' capital gains are foreign factor income. Although these gains are calculated as apart of China's GDP, they do not belong to China's national income. To determine the real contribution of exports to China "s welfare, the present paper analyses the impact of exports on China "s national income using a non-competitive input output model capturing processing trade. The results show that every US$1000 of China's exports generates US$506.8 of national income. The real contribution of exports to China "s welfare is much smaller than what we expected. This suggests that China should endeavor to improve the gains from international markets orfind another engine to maintain its economic growth.
文摘Based on the perspective of international vertical specialization,this paper creates a set of new approach to estimating the domestic technological sophistication(DTS)of export goods.Deducting the values of imported intermediate inputs contained in export goods,this paper conducts an estimation and analysis of the DTS of China's industrial finished goods for export between 2002 and 2007 at the national,industrial and regional levels.Results of our study indicate that:(1) the DTS of China's export goods demonstrates an overall tendency of steady increase and its evolving pattern demonstrates distinctive differences across sectors;(2) the DTS is on the increase for natural resources sectors,low-technology sectors,medium-technology sectors and certain high-technology sectors including transportation equipment manufacturing,general and dedicated equipment manufacturing,and electrical machinery and apparatus manufacturing while the DTS is on the significant decrease for electronic and communication equipment manufacturing and instruments,meters and other metering devices manufacturing;and(3) provinces with relatively high average values of DTS of export goods are primarily located in China's eastern region while provinces with significant DTS growth rates are mainly located in China's central and western regions and the gaps of DTS of export goods among China's eastern,central and western regions have a tendency of convergence.