Credit constraints, firm ownership and the structure of exports in China
Joachim Jarreau
(1)
,
Sandra Poncet
(2, 3, 4)
Sandra Poncet
- Fonction : Auteur
- PersonId : 743077
- IdHAL : sandra-poncet
- ORCID : 0000-0001-8714-4610
- IdRef : 092102735
Résumé
We investigate how the export performance in China is influenced by credit constraints. Using panel data from Chinese customs, we show that credit constraints affect the sectoral composition of exports. We confirm that credit constraints provide an advantage to foreign-owned firms and joint ventures over private domestic firms in sectors with higher levels of financial vulnerability. We show that these distortions have been lessened over the period in conjunction with the reduction of State control over the financial intermediation system.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Credit constraints, firm ownership and the structure of exports in China
|
Résumé |
en
We investigate how the export performance in China is influenced by credit constraints. Using panel data from Chinese customs, we show that credit constraints affect the sectoral composition of exports. We confirm that credit constraints provide an advantage to foreign-owned firms and joint ventures over private domestic firms in sectors with higher levels of financial vulnerability. We show that these distortions have been lessened over the period in conjunction with the reduction of State control over the financial intermediation system.
|
Auteur(s) |
Joachim Jarreau
1
, Sandra Poncet
2, 3, 4
1
GREQAM -
Groupement de Recherche en Économie Quantitative d'Aix-Marseille
( 199934 )
- Centre de la Vieille Charité, 2 rue de la Charité, 13236 Marseille cedex 02
- France
2
CES -
Centre d'économie de la Sorbonne
( 15080 )
- Maison des Sciences Économiques - 106-112 Boulevard de l'Hôpital - 75647 Paris Cedex 13
- France
3
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
4
CEPII -
Centre d'Etudes Prospectives et d'Informations Internationales
( 39083 )
- 9 rue Georges Pitard - 75740 Paris Cedex 15
- France
|
Langue du document |
Anglais
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2014-10
|
Volume |
139
|
Page/Identifiant |
52-173
|
Nom de la revue |
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
international trade, firm ownership, export margins, credit constraints, financial development
|
DOI | 10.1016/j.inteco.2014.04.004 |
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