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来源类型Working Paper
规范类型报告
DOI10.3386/w29196
来源IDWorking Paper 29196
Opposing firm-level Responses to the China Shock: Horizontal Competition Versus Vertical Relationships?
Philippe Aghion; Antonin Bergeaud; Matthieu Lequien; Marc Melitz; Thomas Zuber
发表日期2021-08-30
出版年2021
语种英语
摘要We decompose the “China shock” into two components that induce different adjustments for firms exposed to Chinese exports: a horizontal shock affecting firms selling goods that compete with similar imported Chinese goods, and a vertical shock affecting firms using inputs similar to the imported Chinese goods. Combining French accounting, customs, and patent information at the firm-level, we show that the horizontal shock is detrimental to firms’ sales, employment, and innovation. Moreover, this negative impact is concentrated on low-productivity firms. By contrast, we find a positive effect - although often not significant - of the vertical shock on firms’ sales, employment, and innovation.
主题International Economics ; Trade ; Globalization and International Relations ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w29196
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586869
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Philippe Aghion,Antonin Bergeaud,Matthieu Lequien,et al. Opposing firm-level Responses to the China Shock: Horizontal Competition Versus Vertical Relationships?. 2021.
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