借鉴Hsieh和Klenow(2009)的方法构建了理论模型,分析了要素价格市场扭曲对企业出口增长的影响,并利用中国工业企业数据库的数据进行了实证检验。结果表明:我国要素价格存在负向扭曲并有增强的趋势;东部地区及非国有企业的要素价格负向扭曲度相对较高;要素价格的负向扭曲推动了我国企业的出口增长,导致国内要素应得收入补贴了国外消费者。因此,提升贸易利益、惠及民生尤为重要。
Factor price market distortion is a unique phenomenon of China's economy in transition and a significant perspective rele- vant to economic problem. This study explores its impact on China's firms export growth. First, based on the framework of Hsieh and Klenow (2009), we perform a theoretical analysis of factor price market distortion on China' s firms export growth. Then, we conduct an empirical analysis to confirm our theoretical prediction by taking advantage of China Enterprise Database. The results reveal that factor market has negative distortion and tends to increase over time. The negative distortion degree in labor market is lower than that in capital market. The negative distortion tendency in the east and non-state owned firms is relatively high. The results further indicate that the negative factor market distortion induces China' s firms growth in export. Consequently, trading finns subsidize foreign consumers with low domestic factor income. Therefore, it is urgent for China to increase gains from trade in the face that China has become the largest exporter and the second largest importer in the world.