Expanding Export Variety: The Role of Institutional Reforms in Developing Countries

Liugang Sheng, D. Yang
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引用次数: 47

Abstract

This paper presents theory and evidence showing that institutional reforms in developing countries can effectively expand their product varieties in export. Our model demonstrates that relaxing foreign ownership controls and improving contract enforcement can induce multinational companies to produce new products in host developing countries, and that a combination of the two reforms has an amplifying effect on the introduction of product varieties. Consistent with these theoretical predictions, we find empirically that ownership liberalization and judicial quality played an important role in raising the extensive margin of processing exports in China for the period of 1997-2007.
扩大出口品种:发展中国家体制改革的作用
本文的理论和证据表明,发展中国家的制度改革可以有效地扩大其出口产品的种类。我们的模型表明,放松外资所有权控制和改善合同执行可以诱使跨国公司在发展中东道国生产新产品,这两项改革的结合对产品品种的引进具有放大效应。与上述理论预测相一致的是,我们的实证研究发现,1997-2007年期间,所有权自由化和司法质量对提高中国加工出口的广泛边际发挥了重要作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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