Econ Papers Daily / 期刊论文
中国制造企业的利润主导与出口主导积累体制
Profit‐Led and Export‐Led Accumulation Regimes in Chinese Manufacturing Firms
摘要
By means of a fine‐grained dataset linking exported product‐level and firm‐level data, this paper reconstructs the Chinese accumulation regime at the microlevel in the period 2000–2013. After documenting the trend of Chinese exports in international markets, and the appreciation in the terms of trade of manufacturing products, the paper provides evidence of the restructuring of exporting firms toward more complex products and sectors, against any hypothesis of a purported price dumping in international markets. The link between technological content of the exported product and pricing mark‐up strategies confirms the Sylos‐Labini hypothesis linking prices and technological advantage, yielding the formation of international oligopolies able to exert market power and set prices well above any competitive level. The trend in export prices has signalled the progressive capacity of the Chinese firms to penetrate the international market in most complex productions. Gains in productivity have been largely appropriated by profits.
中文摘要
本文借助一个将出口产品层面数据与企业层面数据相衔接的精细数据集，在微观层面重构了2000—2013年期间中国的积累体制。在记录了这一时期中国出口在国际市场上的趋势以及制造业产品贸易条件的改善之后，本文提供了出口企业向更复杂产品和部门进行结构调整的证据，从而反驳了任何关于在国际市场上存在所谓价格倾销的假说。出口产品的技术含量与定价加成策略之间的联系，证实了Sylos-Labini关于价格与技术优势相关联的假说，促成了能够行使市场势力并将价格设定在远高于任何竞争水平之上的国际寡头的形成。出口价格的趋势表明，中国企业逐步具备了在大多数复杂生产领域渗透国际市场的能力。生产率收益在很大程度上被利润所占有。