[英文文献] Processing Trade, Productivity and Prices: Evidence from a Chinese Producti... [推广有奖]

英文文献：Processing Trade, Productivity and Prices: Evidence from a Chinese Production Survey-加工贸易、生产率和价格:来自中国生产调查的证据
英文文献作者：Yao Amber Li,Valerie Smeets,Frederic Warzynski
英文文献摘要：
In this paper, we use a detailed production survey in the Chinese manufacturing industry to estimate both revenue and physical productivity and relate our measurements to firms' trade activity. We find that Chinese exporters for largely export oriented products like leather shoes or shirts appear to be less efficient than firms only involved on the domestic market based on the standard revenue productivity measure. However, we show strong positive export premium when we instead consider physical productivity. The simple and intuitive explanation of our results is that exporters charge on average lower prices. We focus more particularly on the role of processing trade and find that price differences are especially (and probably not surprisingly) large for firms involved in this type of contractual arrangements.

在本文中，我们使用中国制造业的详细生产调查来估计收入和物理生产率，并将我们的测量与公司的贸易活动联系起来。我们发现，以收入生产率标准衡量，中国出口以皮鞋或衬衫为主的产品的出口商似乎比只涉足国内市场的企业效率低。然而，当我们考虑实际生产率时，我们显示出强劲的正出口溢价。对我们的结果的简单和直观的解释是，出口商收取平均较低的价格。我们更特别地关注加工贸易的作用，并发现，对于涉及这类合同安排的公司来说，价格差异尤其大(可能并不令人惊讶)。