Product-destination Portfolio and Dynamics by Firm Ownership and Trade Mode:Evidence from Chinese In

• 作 者: Dazhong Cheng
• 机 构: Department of World Economy,Institute for World Economy,Fudan University,
• 出 处: China & World Economy
• 发表日期: 2012年05期
• 关键词: destination specialized likely trading thorough maintain matched hereafter solel

Using matched firm-level trade and production data over the period 2000-2006,we study the product-destination portfolio and dynamics of Chinese industrial exporters and make a thorough comparison among four types of firms and between two kinds of trade modes.We find that ownership structure and trading modes do matter to the destination and product mix choices of Chinese industrial exporters.In particular,foreign firms’ exports and processing trade tend to be more destination-specific and products are more specialized. Therefore,foreign firms are more likely to maintain a particular link within a specific global supply chain.

Using matched firm-level trade and production data over the period 2000-2006, we study the product-destination portfolio and dynamics of Chinese industrial exporters and make a thorough comparison among four types of firms and between two kinds of trade modes. ownership structure and trading modes do matter to the destination and product mix choices of Chinese industrial exporters. particular, foreign firms’ exports and processing trade tend to be more destination-specific and products are more specialized. Therefore, foreign firms are more likely to maintain a particular link within a specific global supply chain.