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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15225 |
DP15225 Growing Like China: Firm Performance and Global Production Line Position | |
Davin Chor; Kalina Manova; Zhihong Yu | |
发表日期 | 2020-08-30 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and how this evolves with productivity and performance over the firm lifecycle. We document a sharp rise in the upstreamness of imports, stable positioning of exports, and rapid expansion in production stages conducted in China over the 1992-2014 period, both in the aggregate and within firms over time. Firms span more stages as they grow more productive, bigger and more experienced. This is accompanied by a rise in input purchases, value added in production, and fixed cost levels and shares. It is also associated with higher profits though not with changing profit margins. We rationalize these patterns with a stylized model of the firm lifecycle with complementarity between the scale of production and the scope of stages performed. |
主题 | International Trade and Regional Economics ; Macroeconomics and Growth |
关键词 | Global value chains Production line position Upstreamness Firm heterogeneity Firm lifecycle China |
URL | https://cepr.org/publications/dp15225 |
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/544199 |
推荐引用方式 GB/T 7714 | Davin Chor,Kalina Manova,Zhihong Yu. DP15225 Growing Like China: Firm Performance and Global Production Line Position. 2020. |
条目包含的文件 | 条目无相关文件。 |
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