China's exports experienced a rapid recovery after the outbreak of the 2019 COVID-19 pandemic.A primary engine was cross-border e-commerce(CBEC)trade,which bucked the downward export trend during the pandemic.By e...China's exports experienced a rapid recovery after the outbreak of the 2019 COVID-19 pandemic.A primary engine was cross-border e-commerce(CBEC)trade,which bucked the downward export trend during the pandemic.By exploring the variation in the number of CBEC comprehensive pilot zones across provinces,we identified the causal impact of CBEC on exports using monthly province-product-destination data for 2019 and 2020.We found strong and robust evidence that CBEC contributed to exports during the pandemic by promoting the expansion of incumbent exports(intensive margin)rather than through the expansion of product categories and exporting partners(extensive margin).Specifically,higher pandemic risk suppressed the role of CBEC at the intensive margin while enhancing it at the extensive margin.Exports to developed countries benefited more from CBEC,both intensively and extensively.Compared with final products,a larger number of intermediate products were exported through CBEC after the outbreak of the pandemic.展开更多
Cross-border e-commerce(CBEC)significantly stimulates foreign trade development and the flow of goods and services.This study,using Chinese city-level data and a multiperiod difference-in-differences model based on CB...Cross-border e-commerce(CBEC)significantly stimulates foreign trade development and the flow of goods and services.This study,using Chinese city-level data and a multiperiod difference-in-differences model based on CBEC comprehensive pilot zones,explores the impact of CBEC reform on urban service industry entrepreneurship.The results show that CBEC reform increased entrepreneurial activity,and this is confirmed by robustness tests.The mechanisms driving this efect include the attraction of foreign direct investment,improved information infrastructure,and talent development.Regional analysis reveals stronger effects in central,western,and noncoastal cities,and industry analysis highlights public and consumer services.Spatial heterogeneity shows that the reform's impact diminished with distance from pilot zones,with potential inhibitory efects in remote areas.This study demonstrates how CBEC reform can stimulate entrepreneurship and foster economicgrowth.展开更多
基金support from the National Natural Science Foundation of China(No.72073095)East China University of Science and Technology's Exploratory Research Fund Project.Yan Zhang gratefully acknowledges support from the Fundamental Research Funds for the Central Universities(No.2023110139)the Shanghai Planning Office of Philosophy and Social Science(No.2023BJB010).
文摘China's exports experienced a rapid recovery after the outbreak of the 2019 COVID-19 pandemic.A primary engine was cross-border e-commerce(CBEC)trade,which bucked the downward export trend during the pandemic.By exploring the variation in the number of CBEC comprehensive pilot zones across provinces,we identified the causal impact of CBEC on exports using monthly province-product-destination data for 2019 and 2020.We found strong and robust evidence that CBEC contributed to exports during the pandemic by promoting the expansion of incumbent exports(intensive margin)rather than through the expansion of product categories and exporting partners(extensive margin).Specifically,higher pandemic risk suppressed the role of CBEC at the intensive margin while enhancing it at the extensive margin.Exports to developed countries benefited more from CBEC,both intensively and extensively.Compared with final products,a larger number of intermediate products were exported through CBEC after the outbreak of the pandemic.
基金support from the National Natural Science Foundation of China (No.72341014).
文摘Cross-border e-commerce(CBEC)significantly stimulates foreign trade development and the flow of goods and services.This study,using Chinese city-level data and a multiperiod difference-in-differences model based on CBEC comprehensive pilot zones,explores the impact of CBEC reform on urban service industry entrepreneurship.The results show that CBEC reform increased entrepreneurial activity,and this is confirmed by robustness tests.The mechanisms driving this efect include the attraction of foreign direct investment,improved information infrastructure,and talent development.Regional analysis reveals stronger effects in central,western,and noncoastal cities,and industry analysis highlights public and consumer services.Spatial heterogeneity shows that the reform's impact diminished with distance from pilot zones,with potential inhibitory efects in remote areas.This study demonstrates how CBEC reform can stimulate entrepreneurship and foster economicgrowth.
