Processing Trade, Tariff Reductions and Firm Productivity: Evidence from Chinese Firms

• 成果类型: Article
• 署名作者: Yu, Miaojie
• 署名单位: Peking University
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/ecoj.12127
• 发表日期: 2015
• 页码: 943-988
• 关键词: intermediate inputs; level productivity; LIBERALIZATION; GROWTH; IMPACT; COMPETITION

摘要

This article explores how reductions in tariffs on imported inputs and final goods affect the productivity of large Chinese trading firms, with the special tariff treatment that processing firms receive on imported inputs. Firm-level input and output tariffs are constructed. Both types of tariff reductions have positive impacts on productivity that are weaker as firms' share of processing imports grows. The impact of input tariff reductions on productivity improvement, overall, is weaker than that of output tariff reductions, although the opposite is true for non-processing firms only. Both tariff reductions are found to contribute at least 14.5% to economy-wide productivity growth.