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The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises

Received: 4 May 2023    Accepted: 23 May 2023    Published: 29 May 2023
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Abstract

China has put forward the policy direction of domestic market integration in response to the volatile domestic and international political and economic environment. Meanwhile, enterprise export diversification is becoming the research frontier of the new trade theory (NTT). In order to make research on the factors affecting or determining export diversification in the contemporary context, this paper links the trend of domestic market integration with export diversification, and constructs a fixed-effects regression model using the Chinese industrial-enterprise customs matching database from 2000 to 2007 to study the relationship between industrial intermediate inputs and export diversification and the enterprise heterogeneity effects. According to the empirical results, it shows that the increase of intermediate inputs can promote the export diversification. The results of the heterogeneity analysis show that such kind of effect also varies depending on the differences in firm ownership, firm location, firm trade patterns, and capital intensity. In such a case, in order to complete the industrial upgrading of the domestic value chain and upgrade the export industrial structure under the trend of domestic market integration, it is necessary to pay attention to the liberalization of intermediate goods trade and the improvement of relevant policy conditions.

Published in International Journal of Economics, Finance and Management Sciences (Volume 11, Issue 3)
DOI 10.11648/j.ijefm.20231103.19
Page(s) 151-159
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This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Export Diversification, Industrial Intermediate Inputs, Enterprise Heterogeneity

References
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[9] Hu L, Tian K, Xin W, et al. The "S" curve relationship between export diversity and economic size of countries [J]. Physical statistical mechanics & its applications, 2012, 391 (3): 731-739.
[10] L. Cao, Y. Zhi, Xu Yang. China's intermediate trade liberalization and the scope of enterprises' export products [J]. Journal of Guangxi University of Finance and Economics, 2019, 32 (05): 82-95.
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[14] Z. Liu, J. Liu. Regional Market Integration: An Important Propulsion for the Construction of a National Unified Market [J]. Journal of Shandong University (Philosophy and Social Sciences Edition), 2023 (01): 103-111. DOI: 10.19836/j.cnki.37-1100/c.2023.01.009.
[15] Y. Lu, W. Zhao, Y. Meng. Market Integration, Technological Innovation, and Industrial Structure Upgrading [J/OL]. Scientific Research: 1-18 [2023-05-12].
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  • APA Style

    Fudi Liu. (2023). The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises. International Journal of Economics, Finance and Management Sciences, 11(3), 151-159. https://doi.org/10.11648/j.ijefm.20231103.19

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    ACS Style

    Fudi Liu. The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises. Int. J. Econ. Finance Manag. Sci. 2023, 11(3), 151-159. doi: 10.11648/j.ijefm.20231103.19

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    AMA Style

    Fudi Liu. The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises. Int J Econ Finance Manag Sci. 2023;11(3):151-159. doi: 10.11648/j.ijefm.20231103.19

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  • @article{10.11648/j.ijefm.20231103.19,
      author = {Fudi Liu},
      title = {The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {11},
      number = {3},
      pages = {151-159},
      doi = {10.11648/j.ijefm.20231103.19},
      url = {https://doi.org/10.11648/j.ijefm.20231103.19},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20231103.19},
      abstract = {China has put forward the policy direction of domestic market integration in response to the volatile domestic and international political and economic environment. Meanwhile, enterprise export diversification is becoming the research frontier of the new trade theory (NTT). In order to make research on the factors affecting or determining export diversification in the contemporary context, this paper links the trend of domestic market integration with export diversification, and constructs a fixed-effects regression model using the Chinese industrial-enterprise customs matching database from 2000 to 2007 to study the relationship between industrial intermediate inputs and export diversification and the enterprise heterogeneity effects. According to the empirical results, it shows that the increase of intermediate inputs can promote the export diversification. The results of the heterogeneity analysis show that such kind of effect also varies depending on the differences in firm ownership, firm location, firm trade patterns, and capital intensity. In such a case, in order to complete the industrial upgrading of the domestic value chain and upgrade the export industrial structure under the trend of domestic market integration, it is necessary to pay attention to the liberalization of intermediate goods trade and the improvement of relevant policy conditions.},
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - The Effect of Industrial Intermediate Inputs on the Export Diversity of Chinese Enterprises
    AU  - Fudi Liu
    Y1  - 2023/05/29
    PY  - 2023
    N1  - https://doi.org/10.11648/j.ijefm.20231103.19
    DO  - 10.11648/j.ijefm.20231103.19
    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
    SP  - 151
    EP  - 159
    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20231103.19
    AB  - China has put forward the policy direction of domestic market integration in response to the volatile domestic and international political and economic environment. Meanwhile, enterprise export diversification is becoming the research frontier of the new trade theory (NTT). In order to make research on the factors affecting or determining export diversification in the contemporary context, this paper links the trend of domestic market integration with export diversification, and constructs a fixed-effects regression model using the Chinese industrial-enterprise customs matching database from 2000 to 2007 to study the relationship between industrial intermediate inputs and export diversification and the enterprise heterogeneity effects. According to the empirical results, it shows that the increase of intermediate inputs can promote the export diversification. The results of the heterogeneity analysis show that such kind of effect also varies depending on the differences in firm ownership, firm location, firm trade patterns, and capital intensity. In such a case, in order to complete the industrial upgrading of the domestic value chain and upgrade the export industrial structure under the trend of domestic market integration, it is necessary to pay attention to the liberalization of intermediate goods trade and the improvement of relevant policy conditions.
    VL  - 11
    IS  - 3
    ER  - 

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Author Information
  • School of Economics, Jinan University, Guangzhou, China

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