摘要
基于PSM匹配样本,使用离散时间cloglog生存模型和Cox风险比例模型考察参与全球价值链对企业存续的影响,结果表明:企业参与全球价值链有助于延长其存续时间,但并非参与程度越高越有利于提高企业经营持续时间;异质性检验结果表明参与全球价值链对一般贸易型企业、技术密集型企业以及非国有企业存续时间的促进作用更大;中介模型回归结果显示融资能力提升、企业规模扩大以及要素配置效率改善是全球价值链影响企业存活的重要渠道。
This article employs the discrete-time cloglog survival model and the Cox risk scale model to examine the impact of participation in global value chains on enterprise survival,using the data of China's industrial enterprises and the custom from2000 to 2006,based on PSM matching samples. The results show that the enterprises participate in the global value chain helps to extend their duration,but not the higher the degree of participation,the more favorable the enterprise duration. The results of heterogeneity test indicate that participation in global value chain plays a greater role in promoting the duration of general trade enterprises,technology-intensive enterprises and non-state-owned enterprises. The regression results of the intermediary model show that the upgrading of financing capacity,the expansion of enterprise scale and the improvement of factor allocation efficiency are important channels for global value chain to affect the survival probability of enterprises. This paper provides a new perspective for the objective assessment of the economic effects of GVCS and provides a new way to understand the existence of Chinese enterprises. The regression results of median model show that the improvement of financing capacity,the expansion of enterprise scale and the improvement of factor allocation efficiency are important channels for global value chain to affect the survival probability of enterprises. This paper provides a new research perspective for objective assessment of the economic effects of global value chains,and provides new ideas for understanding the survival of Chinese enterprises.
作者
李平
王文珍
LI Ping;WANG Wenzhen(Department of Economics and Management,Shandong University of Technology,Zibo 255012,China;School of Economics,Shandong University of Technology,Zibo 255012,China)
出处
《产业经济研究》
CSSCI
北大核心
2018年第5期14-26,共13页
Industrial Economics Research
基金
山东省自然科学基金面上项目(ZR2017MG026)
淄博市校城融合发展计划项目(2016ZBXC236)
关键词
全球价值链
企业存续
生存分析
影响机制
企业异质性
global value chain
enterprise survival
subsistence analysis
influence mechanism
enterprise heterogeneity