进入壁垒与增长：内生市场结构的作用

IF 1.5 3区经济学 Q2 ECONOMICS

International Economic Review Pub Date : 2024-03-01 DOI:10.1111/iere.12695

Helu Jiang, Yu Zheng, Lijun Zhu

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引用次数: 0

摘要

我们将中国的增长经验作为实验室，研究减少行政和监管准入壁垒如何促进增长。我们建立了一个具有异质性企业和摩擦性进入的内生生产率和市场结构模型，并将其与中国制造业企业进行了校准。我们的研究表明，在 1990-2004 年期间，进入壁垒的减少带来了 1.05 个百分点的生产率增长，占 2004-7 年生产率增长的 18.3%。分解分析表明，准入主要通过促进更具竞争性的市场结构来影响经济增长，从而抵消了熊彼特效应的负面影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

ENTRY BARRIERS AND GROWTH: THE ROLE OF ENDOGENOUS MARKET STRUCTURE

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ENTRY BARRIERS AND GROWTH: THE ROLE OF ENDOGENOUS MARKET STRUCTURE

We use China's growth experience as a laboratory to study how reductions in administrative and regulatory entry barriers contribute to growth. We develop a model of endogenous productivity and market structure with heterogeneous firms and frictional entry and calibrate it to Chinese manufacturing firms. We show that the reduction of entry barriers brings about 1.05 percentage points of productivity growth over the 1990–2004 period, accounting for 18.3% of the productivity growth in the 2004–7 period. A decomposition exercise shows that entry mainly affects growth through promoting a more competitive market structure, which more than offsets the negative Schumpeterian effect.

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来源期刊

International Economic Review ECONOMICS-

CiteScore

2.60

自引率

0.00%

发文量

期刊介绍： The International Economic Review was established in 1960 to provide a forum for modern quantitative economics. From its inception, the journal has tried to stimulate economic research around the world by publishing cutting edge papers in many areas of economics, including econometrics, economic theory, macro, and applied economics.