摘要
本文使用中国工业企业数据库2000—2007年连续在位企业微观数据,采用Heckman、IV-Heckit模型考察了法治环境和契约密集度对企业出口决策的影响。研究结果表明:法治环境的改善可以提高契约执行效率,进而提高企业出口扩展边际和集约边际,并且提高程度随着契约密集度的提高而提高;从契约执行效率角度来看,法治环境对企业出口扩展边际和集约边际的影响差异区别不大;对于不同所有制类型和不同规模企业的研究发现,法治环境对外资企业和民营企业以及大型企业的影响更大;社会信任对法治环境有一定的替代效应。
Many growth theorists have emphasized the role of institutional quality on the long term growth of an economy. There have been some empirical works addressing the relationship between institutional quality and economic growth. We try to enrich this literature by studying institutional quality and foreign trade of an economy. Specifically, we use the well-known Heckman and IV-Heckit model to study the impact of legal environment on foreign trade using China＇s annual survey of manufacturing data from 2000 to 2007. The result indicates that the improvement of legal environment can effectively boost enterprises＇ extensive and intensive margins through improving the contract enforcement efficiency, and the legal environment plays a bigger role for enterprises with a higher contract intensity. We also find that legal environment has differential impact on firms＇ export depending on the ownership structure and scale of the firms. Specifically, legal environment has a more significant impact on private enterprises, foreign enterprises and large-scale enterprises. To make up for institutional quality, we find that social trust can work as viable substitute for a weak legal environment.
作者
李俊青
刘凯丰
李双建
LI Junqing;LIU Kaifeng;LI Shuangjian
出处
《国际贸易问题》
CSSCI
北大核心
2018年第9期38-52,共15页
Journal of International Trade
基金
天津市"131"创新型人才团队项目"制度创新与区域经济增长"(2018)
南开大学百名青年学科带头人(团队)计划"制度
金融与经济增长"(63174018)
关键词
法治环境
契约执行效率
契约密集度
扩展边际
集约边际
Legal Environment
Contract Enforcement Efficiency
Contract Intensity
Extensive Margins
Intensive Margins
