贸易自由化、劳动力市场力量和企业间的错配:中国加入世贸组织的证据

IF 5.1 1区 经济学 Q1 ECONOMICS Journal of Development Economics Pub Date : 2024-08-16 DOI:10.1016/j.jdeveco.2024.103353
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引用次数: 0

摘要

本文研究了贸易自由化对制造业企业间劳动力市场力量异质性的影响,而劳动力市场力量异质性是分配不当的潜在根源。模型显示,劳动力市场力量的异质性扭曲了生产要素的配置,而减价自然对数的方差是推断其对整体生产效率负面影响的充分统计量。以中国加入世界贸易组织(WTO)为自然实验,实证结果表明,较低的投入品关税降低了降价自然对数的方差,这反映了错误配置的改善。相比之下,降低产出关税则没有显著效果。
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Trade liberalization, labor market power, and misallocation across firms: Evidence from China's WTO accession

This paper studies the impact of trade liberalization on the heterogeneity of labor market power among manufacturing firms, which is a potential source of misallocation. The model shows that heterogeneity of labor market power distorts the allocation of the factors of production, and the variance in the natural log of the markdown serves as a sufficient statistic to infer its negative impact on overall production efficiency. Using China's accession to the World Trade Organization (WTO) as a natural experiment, the empirical results suggest that lower input tariffs decrease the variance in the natural log of the markdown, which reflects the improvement in misallocation. In contrast, reductions in output tariffs have no significant effects.

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来源期刊
CiteScore
8.30
自引率
4.00%
发文量
126
审稿时长
72 days
期刊介绍: The Journal of Development Economics publishes papers relating to all aspects of economic development - from immediate policy concerns to structural problems of underdevelopment. The emphasis is on quantitative or analytical work, which is relevant as well as intellectually stimulating.
期刊最新文献
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