| Item type |
アジ研テクニカルレポート / IDE Technical Report(1) |
| 公開日 |
2024-05-22 |
| タイトル |
|
|
タイトル |
Industrial Subsidies along Domestic Value Chains and their Impacts on China’s Exports |
|
言語 |
en |
| 言語 |
|
|
言語 |
eng |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Industrial subsidies |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Export |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Global value chains |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
China |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Exports |
| キーワード |
|
|
主題Scheme |
Other |
|
主題 |
Subsidies |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| ID登録 |
|
|
ID登録 |
10.20561/0002000990 |
|
ID登録タイプ |
JaLC |
| 著者 |
ZHANG,Hongyong
CHENG,Wenyin
LIANG,David Tao
Meng,Bo
|
| 抄録 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
Industrial subsidies are at the center of the recent political and economic debate. This paper examines the impacts of subsidies along domestic value chains on the export performance of Chinese firms. Using firm-level subsidy data and inter-provincial input-output tables with firm ownerships, we measure direct subsidies and indirect subsidies in upstream industries. Our findings reveal several vital points: (1) Direct subsidies significantly enhance Chinese firms’ export participation and volume. These subsidies are positively associated with firm investment and R&D expenditure. (2) Surprisingly, upstream indirect subsidies—particularly those from 1st tier upstream industries—have even larger effects on Chinese exports than direct subsidies. These upstream subsidies contribute significantly to export growth. (3) Both domestic firms and foreign-invested enterprises benefit from direct subsidies, but the effect of upstream subsidies varies by firm ownership. (4) Both direct and indirect subsidies are associated with higher export prices and product quality, leading to a lower quality-adjusted price. These export growth and quality upgrading are driven by direct subsidies through increased investment and R&D, and indirect subsidies through intermediate inputs. These results suggest that government support may promote quality upgrading and enhance the global competitiveness of Chinese exports. This paper contributes to the ongoing debate on government subsidy and industrial policies by shedding light on the intricate relationship between subsidies and exports in the context of evolving global value chains. |
|
言語 |
en |
| 権利 |
|
|
言語 |
en |
|
権利情報 |
Copyrights 2024 by author(s) |
| 収録情報 |
en : IDE Discussion Paper
巻 937,
発行日 2024-05
|
| 出版者 |
|
|
出版者 |
Institute of Developing Economies (IDE-JETRO) |
| 著者版フラグ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| JEL分類 |
|
|
主題 |
JEL:F14 - Empirical Studies of Trade |
| JEL分類 |
|
|
主題 |
JEL:L52 - Industrial Policy • Sectoral Planning Methods |
| JEL分類 |
|
|
主題 |
JEL:R15 - Econometric and Input–Output Models • Other Models |
| 地域/国名 |
|
|
|
位置情報（自由記述） |
China |
| フォーマット |
|
|
内容記述タイプ |
Other |
|
内容記述 |
application/pdf |
|
言語 |
en |
| DIG_NO |
|
|
内容記述タイプ |
Other |
|
内容記述 |
IDP000937_001 |
Full-text PDF (706KB)
