Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and m...Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and market opening. We have arrived at these findings: market opening spurs entry and exit of large numbers of non-state-owned enterprises (non-SOEs) and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors 'productivity.展开更多
With the deepening of economic globalization, trade liberalization and outsourcing exert increasingly important effects on China's employment. Based on China's (imporO non-competitive input-output table and employm...With the deepening of economic globalization, trade liberalization and outsourcing exert increasingly important effects on China's employment. Based on China's (imporO non-competitive input-output table and employment data provided by the World Input-Output Database (WIOD), this paper has estimated China "s total employment and skill-specific employment between 1995 and 2009 and utilized structural decomposition method to investigate the effects of trade liberalization and outsourcing as two internationalization factors on China's job growth. Results indicate that between 1995 and 2009, China's total employment and skill-specific employment increased significantly, and the expansion of final output and particularly export expansion is a major driver of job growth, that the reduction in labor input coefficient is a major restraint of job growth, and that outsourcing is generally unfavorable to China's job growth. By specific product categories, their production internationalization effect of the production sectors of different types of products (aggregate effect of trade liberalization and variation in the level of outsourcing on employment variation) derives from different sources. For sectors of low technology products, their production internationalization effect mainly derives from the expansion of the share of export. For the production sectors of medium technology products, their production internationalization effect mainly derives from outsourcing expansion. By specific groups of workforce, low-skilled workforce is the most vulnerable to the impact of production internationalization, medium-skilled workforce is subject to relatively small effect, while the effect on highly-skilled workforce is negligible.展开更多
文摘Based on extensive micro data sets, this paper examines the relationship among large-scale entry and exit, competition and total factor productivity (TFP) growth of China's industry during economic transition and market opening. We have arrived at these findings: market opening spurs entry and exit of large numbers of non-state-owned enterprises (non-SOEs) and facilitates dynamic competition; through the stimulation effect of competition, entry and exit push TFP growth on the part of enterprises; through the resource reallocation effect, entry and exit promote growth of the aggregate TFP. However, results indicate that the resource allocation efficiency remains very low in capital-intensive industries where the government intervenes a lot. To conclude, promoting open competition is significant to the growth of industrial sectors 'productivity.
基金sponsored by the Social Sciences Planning Program(Young PhD Dissertation Program)of Fujian province(2014C044)
文摘With the deepening of economic globalization, trade liberalization and outsourcing exert increasingly important effects on China's employment. Based on China's (imporO non-competitive input-output table and employment data provided by the World Input-Output Database (WIOD), this paper has estimated China "s total employment and skill-specific employment between 1995 and 2009 and utilized structural decomposition method to investigate the effects of trade liberalization and outsourcing as two internationalization factors on China's job growth. Results indicate that between 1995 and 2009, China's total employment and skill-specific employment increased significantly, and the expansion of final output and particularly export expansion is a major driver of job growth, that the reduction in labor input coefficient is a major restraint of job growth, and that outsourcing is generally unfavorable to China's job growth. By specific product categories, their production internationalization effect of the production sectors of different types of products (aggregate effect of trade liberalization and variation in the level of outsourcing on employment variation) derives from different sources. For sectors of low technology products, their production internationalization effect mainly derives from the expansion of the share of export. For the production sectors of medium technology products, their production internationalization effect mainly derives from outsourcing expansion. By specific groups of workforce, low-skilled workforce is the most vulnerable to the impact of production internationalization, medium-skilled workforce is subject to relatively small effect, while the effect on highly-skilled workforce is negligible.