Liberalization of Import Trade and Innovation of Heterogeneous Enterprises——Evidence from Chinese Manufacturing Enterprise
WEI Hao, LIN Xue-dong
Business School, Beijing Normal University, Beijing 100875, China; Shijiazhuang Central Sub-branch, The People’s Bank of China, Shijiazhuang 050000, China
Abstract:
Based on Heckman two-step method and using 2000-2006 Annual Survey of Industrial Firms (ASIF) data and customs trade database, this paper tests the effect of import liberalization on innovation behavior of heterogeneous enterprise in aspects of enterprises’ nature, industry nature and location. The findings are: (1)The liberalization of intermediate goods import facilitates enterprise innovation in labor-intensive industries, competitive industries and on the whole. But it inhibits enterprise innovation in capital-intensive and monopoly industries. (2)The liberalization of final goods import inhibits enterprise innovation in labor-intensive, capital-intensive and competitive industries as well as on the whole. But it facilitates innovation in monopoly industries, private importing enterprises and local enterprises in central and western regions. (3)The effect of import trade liberalization on the new product output of enterprises is consistent with the one on enterprise R&D.
WEI Hao, LIN Xue-dong.Liberalization of Import Trade and Innovation of Heterogeneous Enterprises——Evidence from Chinese Manufacturing Enterprise[J] Economic Survey, 2017,V34(6): 44-50