本文探讨了国家制度环境对出口企业以及出口企业动态的影响。目前关于制度对贸易总值影响的研究已引起了越来越多的关注。然而,关于制度环境对贸易动态影响的研究是非常有限的。所有现有的研究都是基于对某一国家的分析。本文采用世界银行出口企业动态数据库,该数据库包含45个出口国以及200多个进口国的多国面板数据。研究表明,有效的制度环境会增加两国间的出口企业的数量以及出口企业的存活率。良好的制度环境会减少双方违反合同的可能性同时减少对合同执行以及经济法律体制的不确定性。其次,研究表明,与出口国不同,进口国的制度环境对出口企业的平均出口值有负面的影响。进口国有效的制度环境吸引了一些边际生产者进入出口市场,从而降低了整体企业出口的平均值。最后,本文发现制度环境的提升会减少出口企业的市场进入率。有效的制度环境会提高出口市场的稳定性,减少市场内部的流动率。 / This paper studies the effect of institutional quality on exporter behavior and export dynamics. There is a growing interest in the study on the effect of institutions on aggregate trade volume in the recent literature. However, the analysis of institutional effect on the dynamics of trade is relatively limited. Besides, all the existing studies that analyze the dynamic effect of institutions are based on exporting firms in a single country. We use the Exporter Dynamics Database from World Bank that contains rich panel of cross-country data involving 45 exporting countries and more than 200 importing countries in the world. First, we find that there are more exporting firms and the survival rate of the exporting firms is higher in better institutional environment. The good contracting environment makes the breach of the contract more difficult and reduces the uncertainty about contract enforcement and general economic legal system. Secondly, we show that institutions in the importing country have a negative effect on average export value, which is different from the exporting country. The effective institutions in the importing country attract some marginal producers in the export market which reduces the average export value per firm. Finally, entry rate of the exporting firms reduces with the quality of the country’s institutions. The good institutional environment increases market stability and reduces the turnover rate in the export market. / Detailed summary in vernacular field only. / Liu, Xiaojie. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2013. / Includes bibliographical references (leaves 59-63). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstracts also in Chinese. / Chapter 1. --- Introduction --- p.5 / Chapter 1. --- Related Literature --- p.8 / Chapter 2. --- Data Analysis --- p.12 / Chapter 3. --- Empirical Analysis --- p.17 / Chapter 4. --- Discussion of the Results --- p.20 / Chapter 5.1 --- Extensive Margin --- p.21 / Chapter 5.2 --- Intensive Margin --- p.23 / Chapter 5.3 --- Entry Rate --- p.24 / Chapter 5.4 --- Survival Rate --- p.26 / Chapter 5. --- Econometric Issues --- p.29 / Chapter 6.1 --- Omitted Variable Bias --- p.29 / Chapter 6.2 --- Endogeneity --- p.30 / Chapter 7. --- Sensitivity Analysis and Robustness Checks --- p.32 / Chapter 7.1 --- Sensitivity to Alternative Samples --- p.32 / Chapter 7.2 --- Using Alternative Measures of Institutional Quality --- p.33 / Chapter 8. --- Conclusion --- p.35 / Tablesand Figures --- p.38 / References --- p.59
Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_328082 |
Date | January 2013 |
Contributors | Liu, Xiaojie., Chinese University of Hong Kong Graduate School. Division of Economics. |
Source Sets | The Chinese University of Hong Kong |
Language | English, Chinese |
Detected Language | English |
Type | Text, bibliography |
Format | electronic resource, electronic resource, remote, 1 online resource (63 leaves) : ill. (some col.) |
Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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