G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14486
DP14486 Made and Created in China: Super Processors and Two-way Heterogeneity
Zhiyuan Chen; Aksel Erbahar; Yuan Zi
发表日期2020-03-13
出版年2020
语种英语
摘要This paper uses China's processing trade regime to examine firm performance and specialization within a production network. We show that there exists a special breed of firms that are active in both ordinary and processing exports, and are superior to other firms in multiple dimensions. Motivated by these "super processors," we document novel stylized facts on the interplay among exporters' performance, export mode, and brand ownership. We find that productivity and branding ability jointly shape firms' exporting activities. Based on these facts, we provide a general equilibrium model with endogenous production networks where firms are heterogeneous in both manufacturing and branding abilities. Testing our model's central prediction, we find that facilitating processing exports induces productive domestic downstream firms to establish their own trademarks. Our results highlight that processing trade not only leads goods to be "Made in China," but also "Created in China."
主题International Trade and Regional Economics
关键词Heterogeneous firms Production networks Processing trade
URLhttps://cepr.org/publications/dp14486-0
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/543385
推荐引用方式
GB/T 7714
Zhiyuan Chen,Aksel Erbahar,Yuan Zi. DP14486 Made and Created in China: Super Processors and Two-way Heterogeneity. 2020.
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