Multinational Exposure and the Quality of New Chinese Exports
利用1997-2009年中国出口数据，研究跨国企业存在如何影响本土民营企业新出口交易的质量、频率和持续性，发现正向溢出效应而非竞争效应。
Abstract We exploit information on the geographic, product and trader characteristics of China's 1997–2009 exports to examine how the evolving city‐industry presence of multinational firms influenced the quality, frequency and survival of new export transactions by private Chinese firms. Our results show that own‐industry multinational firm contact was associated with more frequent, higher‐valued, and longer‐lasting new trade transactions. These effects appear to arise from beneficial multinational spillovers, rather than selection effects due to increased multinational competition, as increases in own‐industry or other multinational presence were also associated with an increase in the number of trade transactions introduced by private Chinese firms.