Exporting Like China: Productivity, Market Demand, and Labor Frictions
研究中国国有和私营企业的出口决策，发现需求冲击和劳动力调整成本对出口动态有重要影响，尤其对私营企业。
ABSTRACT This paper studies Chinese firms' export status, distinguishing state and privately controlled enterprises. A dynamic model of export decisions is estimated by ownership types. The estimated models capture distinctive differences between ownership types including the productivity gap between exporters and nonexporters, the interaction between domestic and foreign sales, the skewed distribution of export shares, and the dynamic response of employment to changes in export status. Our analysis highlights the crucial role of demand shocks and labor adjustment costs in shaping the dynamics of export status, especially for privately controlled enterprises. The estimated model is used to study tariffs and uncertainty.