Participation in export and Chinese firms' capacity utilization. Issue 5 (3rd July 2016)
- Record Type:
- Journal Article
- Title:
- Participation in export and Chinese firms' capacity utilization. Issue 5 (3rd July 2016)
- Main Title:
- Participation in export and Chinese firms' capacity utilization
- Authors:
- Tian, Xian-Liang
- Abstract:
- Abstract : This paper first sets up a firm heterogeneity trade model and shows that given capital stock and productivity, export firms will have higher rates of capacity utilization. In addition, given capital stock and fixed export costs, firms with higher productivity are more likely to export. I then use the 2012 Chinese enterprise survey from the World Bank to empirically investigate the impact of participation in export on Chinese firms' capacity utilization rate. The results show that on average, export firms have capacity utilization rate 1.55–2.01 percent higher than non-export firms, which amounts to 14.6–18.9 percent of the standard deviation of capacity utilization rate in the sample. I also find that firms with a larger part of shares owned by the government have lower capacity utilization. Stronger market competition leads to over-investment and therefore lower capacity utilization rate. Faced with more rigorous labor market regulation, firms will substitute capital for the use of labor, resulting in higher capacity utilization rate.
- Is Part Of:
- Journal of international trade & economic development. Volume 25:Issue 5(2016)
- Journal:
- Journal of international trade & economic development
- Issue:
- Volume 25:Issue 5(2016)
- Issue Display:
- Volume 25, Issue 5 (2016)
- Year:
- 2016
- Volume:
- 25
- Issue:
- 5
- Issue Sort Value:
- 2016-0025-0005-0000
- Page Start:
- 757
- Page End:
- 784
- Publication Date:
- 2016-07-03
- Subjects:
- Capacity utilization -- excess capacity -- export -- instrument variable
E23 -- E61 -- F14 -- F41
International trade -- Periodicals
Economic development -- Periodicals
337 - Journal URLs:
- http://www.tandfonline.com/toc/rjte20/current ↗
http://www.tandfonline.com/ ↗
http://journalsonline.tandf.co.uk/app/home/journal.asp?wasp=4e9b3aed6a1b46c7b42fe592c86ac2d5&referrer=parent&backto=searchpublicationsresults, 1, 1;homemain, 1, 1; ↗ - DOI:
- 10.1080/09638199.2015.1128473 ↗
- Languages:
- English
- ISSNs:
- 0963-8199
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 5007.686900
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 185.xml