全球智库信息集成服务系统(G2TT): DP6052 Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP6052
	DP6052 Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data
	Sourafel Girma; Holger Görg; Yundan Gong; Zhihong Yu
发表日期	2007-01-14
出版年	2007
语种	英语
摘要	We generalize the Antràs and Helpman (2004) model of the international organization of production in order to accommodate varying degrees of contractual frictions. In particular, we allow the degree of contractibility to vary across inputs and countries. A continuum of firms with heterogeneous productivities decide whether to integrate or outsource the production of intermediate inputs, and from which country to source them. Final-good producers and their suppliers make relationship-specific investments which are only partially contractible, both in an integrated firm and in an arm?s-length relationship. We describe equilibria in which firms with different productivity levels choose different ownership structures and supplier locations, and then study the effects of changes in the quality of contractual institutions on the relative prevalence of these organizational forms. Better contracting institutions in the South raise the prevalence of offshoring, but may reduce the relative prevalence of FDI or foreign outsourcing. The impact on the composition of offshoring depends on whether the institutional improvement affects disproportionately the contractibility of a particular input. A key message of the paper is that improvements in the contractibility of inputs controlled by final-good producers have different effects than improvements in the contractibility of inputs controlled by suppliers.
主题	International Trade and Regional Economics
关键词	Contractual frictions Fdi Sourcing Trade
URL	https://cepr.org/publications/dp6052
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/534885
推荐引用方式 GB/T 7714	Sourafel Girma,Holger Görg,Yundan Gong,et al. DP6052 Can Production Subsidies Foster Export Activity? Evidence from Chinese Firm Level Data. 2007.