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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21985 |
来源ID | Working Paper 21985 |
Trade Policy Uncertainty and Exports: Evidence from China\u2019s WTO Accession | |
Ling Feng; Zhiyuan Li; Deborah L. Swenson | |
发表日期 | 2016-02-15 |
出版年 | 2016 |
语种 | 英语 |
摘要 | This paper studies how reduction in trade policy uncertainty affects firm export decisions. Using a firm-product level dataset on Chinese exports to the United States and the European Union in the years surrounding China’s WTO accession, we provide strong evidence that reduction in trade policy uncertainty simultaneously induced firm entries to and firm exits from export activity within fine product-level markets. In addition, we uncover accompanying changes in export product prices and quality that coincided with this reallocation: firms that provided higher quality products at lower prices entered the export market, while firms that had higher prices and provided lower quality products prior to the changes, exited. To explain the simultaneous export entries and exits, as well as the change in product export prices and quality induced by trade policy uncertainty changes, we provide a model of heterogeneous firms which incorporates trade policy uncertainty, tracing the effects of the changes in policy uncertainty on firm-level payoffs and the resulting selection effects which apply to new entrants and incumbents. |
主题 | International Economics ; Trade ; International Factor Mobility |
URL | https://www.nber.org/papers/w21985 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579659 |
推荐引用方式 GB/T 7714 | Ling Feng,Zhiyuan Li,Deborah L. Swenson. Trade Policy Uncertainty and Exports: Evidence from China\u2019s WTO Accession. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21985.pdf(399KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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