Productivity Gains from Trade: Bunching Estimates from Trading Rights in China

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Název: Productivity Gains from Trade: Bunching Estimates from Trading Rights in China
Autoři: Yunong Li, Yi Lu, Jianguo Wang
Zdroj: Review of Economics and Statistics. 107:1275-1290
Informace o vydavateli: MIT Press, 2025.
Rok vydání: 2025
Témata: 8. Economic growth, 0502 economics and business, 05 social sciences
Popis: This paper identifies productivity gains from trade by studying the manipulation behavior of firms in response to regulatory policies on international trade in China. Bunching estimates show that participation in international trade increases firm productivity. The productivity gains increase over time, indicating dynamic learning from trading. Further exploration shows no effects on R&D investment, product rationalization, and markup. Young firms and nonstate-owned firms (non-SOEs) gain more from participating in trade. Workers share productivity gains through increased wages but not from increased employment.
Druh dokumentu: Article
Jazyk: English
ISSN: 1530-9142
0034-6535
DOI: 10.1162/rest_a_01392
Přístupové číslo: edsair.doi...........4e789a8905c1de1b99eb8236e69e8c88
Databáze: OpenAIRE
Popis
Abstrakt:This paper identifies productivity gains from trade by studying the manipulation behavior of firms in response to regulatory policies on international trade in China. Bunching estimates show that participation in international trade increases firm productivity. The productivity gains increase over time, indicating dynamic learning from trading. Further exploration shows no effects on R&D investment, product rationalization, and markup. Young firms and nonstate-owned firms (non-SOEs) gain more from participating in trade. Workers share productivity gains through increased wages but not from increased employment.
ISSN:15309142
00346535
DOI:10.1162/rest_a_01392