This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a si...This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a significant impact on the promotion of firms'exports,especially for private firms.This positive impact was more pronounced when officials went abroad at a younger age,stayed abroad for a longer period,returned to China for a longer time,and had greater promotion incentives.We found that officials'foreign experience helped to mitigate the negative impact of institutional distance and provided firms with better access to export subsidies,both of which could promote exporting.There was also a complementary effect when officials and executives both had foreign experience.Overall,our study provides some insights into the economic outcomes of officials'foreign experience and sheds light on the export performance of Chinese firms.展开更多
Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over th...Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over this period increases firm＇s export probability as well as its export volume, and the impact is larger for more ef- ficient firms. However, the impact on firm＇s export volume depends on the degree of agglomeration. When the degree of agglomeration is low, an increase in agglomera- tion would expand firm＇s export volume but the impact will be diminishing and even turns negative if the degree of agglomeration is already very high.展开更多
基金supported by the National Natural Science Foundation of China(No.71802041),Liaoning Revitalization Talents Program(No.XLYC1907159),the Key Project of Social Science Fund of Liaoning Province(No.L20AGL009),and the Postgraduate Innovation Project of Shanghai University of Finance and Economics(No.CXJ2021304).The authors contributed equally.'According to statistics from the Ministry of Education of the People's Republic of China,the number of foreign students in 2016 was 544,500,an increase of 144,900(32.6 percent)from 2012.The total number of returnees was 432,500,an increase of 159,600 from 2012.Available from:http://www.moe.gov.cn/jyb_xwfb/xw_fbh/moe_2069/xwfbh_2017n/xwfb_170301/170301_sfcl/201703/t20170301_297675.html[online,cited November 2022].
文摘This study examines how the foreign experience of local oficials affects firms'exports in China.Using a matched sample from 2000 to 2012,we found that the foreign experience of municipal Party secretaries had a significant impact on the promotion of firms'exports,especially for private firms.This positive impact was more pronounced when officials went abroad at a younger age,stayed abroad for a longer period,returned to China for a longer time,and had greater promotion incentives.We found that officials'foreign experience helped to mitigate the negative impact of institutional distance and provided firms with better access to export subsidies,both of which could promote exporting.There was also a complementary effect when officials and executives both had foreign experience.Overall,our study provides some insights into the economic outcomes of officials'foreign experience and sheds light on the export performance of Chinese firms.
文摘Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over this period increases firm＇s export probability as well as its export volume, and the impact is larger for more ef- ficient firms. However, the impact on firm＇s export volume depends on the degree of agglomeration. When the degree of agglomeration is low, an increase in agglomera- tion would expand firm＇s export volume but the impact will be diminishing and even turns negative if the degree of agglomeration is already very high.
