scholarly journals Outward FDI and Domestic Input Distortions: Evidence from Chinese Firms

2019 ◽  
Vol 129 (624) ◽  
pp. 3025-3057 ◽  
Author(s):  
Cheng Chen ◽  
Wei Tian ◽  
Miaojie Yu
Keyword(s):  
Multinational Corporations ◽  
Empirical Support ◽  
Manufacturing Firms ◽  
Private Firms ◽  
Outward Fdi ◽  
Firm Level ◽  
Chinese Firm ◽  
Level Data ◽  
Production Strategies ◽  
Firm Level Data

Abstract We examine how domestic distortions affect firms’ production strategies abroad by documenting two puzzling findings using Chinese firm-level data of manufacturing firms. First, private multinational corporations (MNCs) are less productive than state-owned MNCs, but they are more productive than state-owned enterprises overall. Second, there are disproportionately fewer state-owned MNCs than private MNCs. We build a model to rationalise these findings by showing that discrimination against private firms domestically incentivises them to produce abroad. The model shows that selection reversal is more pronounced in industries with more severe discrimination against private firms, which receives empirical support.

Industrial policy, energy and environment efficiency: Evidence from Chinese firm-level data

2020 ◽  
Vol 260 ◽  
pp. 110123 ◽  
Author(s):  
Yijun Zhang ◽  
Xiaoping Li ◽  
Feitao Jiang ◽  
Yi Song ◽  
Ming Xu
Keyword(s):  
Industrial Policy ◽  
Firm Level ◽  
Energy And Environment ◽  
Chinese Firm ◽  
Level Data ◽  
Firm Level Data

scholarly journals EXPORT BEHAVIOUR OF MANUFACTURING FIRMS IN INDONESIA, 1990-2000

2010 ◽  
Vol 12 (2) ◽  
pp. 227-242
Author(s):  
Sahminan Sahminan ◽  
Yati Kurniati
Keyword(s):  
Foreign Ownership ◽  
Manufacturing Firms ◽  
Lower Proportion ◽  
Manufacturing Industries ◽  
Firm Level ◽  
Panel Data Regression ◽  
Level Data ◽  
Data Regression ◽  
Export Behaviour ◽  
Firm Level Data

This paper examines export behaviour of manufacturing firms in Indonesia. We use firm-level data from survey of medium and large Indonesian manufacturing industries over the period 1990-2000. Using panel data regression technique, we find the following regularities. First, there is a persistency in the firm’s decision to export as well as proportion of exported output. Second, higher wage, larger number of production employment, higher productivity and higher share of foreign ownership lead to higher probability of a firm to export. Third, higher wage leads to higher proportion of exported output. However, higher productivity or higher share of foreign ownership leads to lower proportion of exported output. Fourth, while real exchange rate does not significantly affect the probability of firms to export, it significantly affects the proportion of exported output. Fifth, both probability to export and proportion of exported output was significantly much lower during the 1997/1998’s Asian crisis. Finally, looking at the export behaviour across industries, the estimation results show that there is a variation of export behavior across industries.Keywords: Export, manufacture, Indonesia.JEL Classification: F14, F13, D21

MULTINATIONAL TAX AVOIDANCE AND ANTI-AVOIDANCE ENFORCEMENT: FIRM-LEVEL EVIDENCE FROM DEVELOPING ASEAN COUNTRIES

2020 ◽  
pp. 1-17
Author(s):  
ATHIPHAT MUTHITACHAROEN ◽  
KRISLERT SAMPHANTHARAK
Keyword(s):  
Multinational Enterprises ◽  
Transfer Pricing ◽  
Tax Avoidance ◽  
Manufacturing Firms ◽  
Profit Shifting ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data ◽  
Avoidance Measures ◽  
Asean Countries

We use firm-level data from ASEAN5 to examine the significance of tax-motivated profit shifting by multinational enterprises and to analyze how anti-avoidance measures mitigate the profit shifting. We show that (1) tax-motivated profit shifting is statistically and economically significant, especially for manufacturing firms, (2) auditing and transfer-pricing scrutiny is more effective in reducing profit shifting than documentation requirement alone and (3) tax-motivated profit shifting is prominent for large firms, while anti-tax avoidance measures result in the absence of profit shifting detected from small manufacturing firms. The findings have important implications for developing countries with weak governance but dependent on MNEs.

scholarly journals Outward FDI and Efficiency in Within-Firm Resource Allocation - Evidence from Firm-Level Data of China

2021 ◽  
pp. 101298
Author(s):  
Lili Chen ◽  
Shaoyu Guo ◽  
Jian Lu ◽  
Stephan Gerschewski
Keyword(s):  
Resource Allocation ◽  
Outward Fdi ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data

Reduction in Carbon Emissions Intensity and Impact on Export Competitiveness: Evidence from Indian Manufacturing Firms

2017 ◽  
Vol 08 (02) ◽  
pp. 1750012 ◽  
Author(s):  
Bishwanath Goldar ◽  
Yashobanta Parida ◽  
Deepika Sehdev
Keyword(s):  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Firm Level ◽  
Manufacturing Plants ◽  
Level Data ◽  
Export Competitiveness ◽  
Firm Level Data ◽  
Major Loss ◽  
Emissions Intensity ◽  
Capital Intensive

India’s organized manufacturing sector experienced a 11% fall in its carbon di oxide (CO2) emissions intensity during 2009–2012, while a majority of the manufacturing plants achieved over a 30% fall during the corresponding period. How did such a reduction in CO2 emissions intensity affect the export competitiveness of Indian manufacturing firms? Using firm-level data for 2009–2013, this paper attempts to empirically answer that question. It is found that large firms and capital intensive firms have achieved a relatively faster decline in CO2 emissions intensity and that containment of CO2 emissions in manufacturing firms did not cause any major loss in their export competitiveness. Rather, it is found to be positively associated with increases in exports.

scholarly journals Economic Policy Uncertainty, Outward Foreign Direct Investments, and Green Total Factor Productivity: Evidence from Firm-Level Data in China

2021 ◽  
Vol 13 (4) ◽  
pp. 2339
Author(s):  
Yuegang Song ◽  
Feng Hao ◽  
Xiazhen Hao ◽  
Giray Gozgor
Keyword(s):  
Economic Policy ◽  
Total Factor Productivity ◽  
Industrial Development ◽  
Positive Impact ◽  
Western China ◽  
Factor Productivity ◽  
Firm Level ◽  
Chinese Firm ◽  
Level Data ◽  
Firm Level Data

This paper uses Chinese firm-level data to investigate the effect of China’s outward foreign direct investment (OFDI) on green total factor productivity (GTFP) under economic policy uncertainties (EPU). We found a significant positive impact of OFDI on GTFP. Moreover, an increase in EPU was shown to decrease GTFP. We also found that OFDI positively contributes to GTFP for private firms and foreign-invested firms in China. Technology-seeking OFDI contributes greater to GTFP than resource-seeking OFDI and market-seeking OFDI. These results remain robust when considering OFDI from firms in Central and East China as well as Western China. The findings are also robust with green labor productivity (GLP) substituting for GTFP using different econometric techniques. We also discuss potential implications in enhancing green innovation performance and sustainable industrial development in China.

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