Does Services Trade Liberalization Promote the productivity of Manufactured firms? Read
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Title | Does Services Trade Liberalization Promote the productivity of Manufactured firms?
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Author | Zhang Yan Tang Yihong and Fan Ying |
Organization | School of Intemational Trade and Economics,Central University of Finance and Economics;School of International Trade and Economics, UIBE |
Email | leaflucy@sina.com,tanguibe@126.com;carafan@163.com |
Key Words | Services Trade liberalization; firm productivity; China’s manufactured firms |
Abstract | This paper investigates the impact of service trade liberalization on manufactured performance. Total factor productivity of manufacturing plants which outsource their service tasks to more productive service providers will be accelerated through specialization effect, compositional effect and spill-over effect. Then the paper empirically investigates the impacts of China's services trade liberalization on manufacturing productivity. By using Chinese manufacturing firm-level data covering the period from 1998 to 2007, we find that services trade liberalization promotes manufacturing productivity. And the productivity impacts are uneven, which are stronger for foreign invested firms, state-owned enterprises, exporters, firms with large scales and firms with much service usage.
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Serial Number | WP328 |
Time | 2012-08-29 |
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