Export Enterprises Research Articles

Research on the impact of trade barriers on the binary marginal of enterprise exports: India's anti-dumping of China

ABSTRACT This paper derives a theoretical model of the impact of anti-dumping barriers on enterprise exports under the framework of heterogeneous firm trade theory and evaluates the trade-damaging effect of India's anti-dumping against China. The results show that the export volume and the number of export enterprises involved in anti-dumping cases show a downward trend after the anti-dumping is imposed. After controlling for heterogeneity, anti-dumping does not reduce the exports of incumbent enterprises. Anti-dumping mainly affects the exports of Chinese enterprises through the expansion margin, and has a small impact on the intensification margin. This research provides references for improving international trade development.

Effect of green trade barriers on export enterprise green technological innovation from the perspective of the low-carbon city pilot policy

The low-carbon city pilot policy (LCCPP) is an important part of achieving “dual carbon” goals and promoting green technology innovation (GTI) in Chinese export enterprises. This study integrates Green Technical Barriers to Trade (GTBTs), LCCPP, and the GTI of exporting enterprises into a unified framework based on data from A-share market Chinese non-financial export enterprises from 2007 to 2021 and discusses how export enterprises should optimize green innovation resource structure with support from LCCPP to facilitate enterprise GTI when facing GTBTs. Several findings are uncovered: (1) GTBTs have a significant negative impact on the GTI of Chinese export enterprises, and the LCCPP significantly mitigates the negative impact of GTBTs on export enterprises’ GTI. (2) After distinguishing the heterogeneous characteristics of export enterprises, the moderating effect of the LCCPP becomes even more pronounced in non-state-owned enterprises, general trade enterprises, and enterprises whose export destinations are high-income countries. (3) Further exploration of the moderating effect of the LCCPP with different policy instruments and intensities is needed. We found the best moderating effect on export enterprises’ GTI under high policy intensity, and only market-based policy instruments had a significant moderating effect. These findings provide direction for policymakers expanding the pilot scope of low-carbon cities as well as theoretical support for realizing foreign trade growth for sustainable development.

Research on the Influencing Factors of High-quality Development of Export Enterprises

The Internet and big data have a profound impact on export enterprises, and their high-quality development is also facing unprecedented opportunities and challenges. This paper takes small and medium-sized enterprises of sales oriented export trade as the research sample, and uses the BP neural network model to conduct empirical research on the factors affecting the high-quality development of enterprises. Research conclusions: (1) A influencing factor system for high-quality development of export enterprises has been constructed, which includes 26 specific factors; (2) The factors in order of impacts: convenience of shopping operations, website content, comprehensive quality of employees, product awareness, consumer penetration rate, internationalization level, enterprise scale and reputation; (3) Factors such as overall employee quality, internationalization level, employee training system and effectiveness, network security, internationalization style of website design, convenience of shopping operations, sales growth rate of the enterprise, and profit growth rate do not have a direct, absolute positive relationship with the high-quality development of the enterprise.

Exploring the effects of rules of origin and tariff margins on China's export enterprise under the China–Korea Free Trade Agreement

This study explores the effects of rules of origin (ROOs) and tariff margin on China's export enterprise using Poisson pseudo‐maximum likelihood estimation and logit models with product‐level data under the China–Korea Free Trade Agreement (CKFTA). The findings reveal that increased ROOs have a negative effect on export value and enterprises' CKFTA use, while tariff margin is positively associated with export value. The estimation results examining export value also demonstrate that the effect of ROO is larger than that of tariff margin (in absolute terms); however, those concerning CKFTA use are the opposite. The study proposes suggestions for reducing enterprises' costs to promote trade and economic development between China and South Korea under the CKFTA based on the results.

Smart City Construction, Artificial Intelligence Development, and the Quality of Export Products: A Study Based on Micro-Level Data of Chinese Enterprises

Quality improvement is essential for a nation’s economy to transition from large to strong. In the 21st century, a new wave of quality development has emerged globally, and upgrading the quality of enterprise export products is a key measure for driving exports and supporting high-quality economic development. The development of artificial intelligence, as the new core engine driving technological revolution and industrial transformation, will profoundly alter various aspects of economic activities, including production, distribution, exchange, and consumption. Exploring and cultivating new artificial intelligence-driven momentum to enhance the quality of enterprise export products is inevitably a major theoretical and practical issue of common interest to governments, enterprises, and academia. This paper uses China, a major developing and export-oriented economy, as a case study to explore the policy measures for stimulating new momentum in artificial intelligence development and their effects and transmission mechanisms on improving the quality of enterprise export products. Specifically, it constructs a theoretical model to examine the relationship between smart city construction, artificial intelligence development, and the quality of enterprise export products. By considering the smart city construction projects launched by the Chinese government as a quasi-natural experiment to facilitate artificial intelligence development, the study employs matched city-enterprise data from 2007 to 2015 and utilizes a difference-in-differences (DID) methodology to empirically test the impact of smart city construction on enhancing the quality of enterprise export products. According to the study, the policy-driven nature of smart city construction significantly enhances the quality of enterprise export products. This beneficial impact is particularly evident in the eastern regions, as well as in labor-intensive and capital-intensive industries, and among foreign-invested and private enterprises. Mechanism tests and additional analyses indicate that artificial intelligence development is significantly more advanced in smart cities than in non-smart cities, with the gap between them steadily widening. The construction of smart cities significantly advances artificial intelligence development, which subsequently enhances the quality of enterprise export products. Furthermore, smart cities can substantially contribute to this improvement by facilitating a more efficient, market-oriented allocation of resources.

Improving business performance: A case study at Vietnam dairy products joint stock company

Improving business efficiency is one of the most important goals of enterprises. In the context of current world economic integration, domestic and international competition is increasingly fierce, the requirement to improve business efficiency of enterprises is becoming more urgent. Especially for export enterprises, world economic integration has a very strong impact. In the process of international economic integration, Vietnamese enterprises must face increasingly fierce competition from foreign enterprises. Weaknesses in capital, management experience and technical level are barriers for Vietnamese enterprises in general and enterprises operating in the dairy industry in particular. The basic way to improve business efficiency is to find every measure to increase revenue or reduce costs, or make the rate of revenue increase or reduce costs, or make the rate of revenue increase faster than the rate of cost reduction, especially for dairy enterprises. The article will provide useful solutions to improve business efficiency at Vietnam Dairy Products Joint Stock Company. Keywords: Finance, Business, Business Activities.

The Impact of Environmental Regulations on the Export of Hangzhou Enterprises

This paper studies the impact of Hangzhou environmental regulation on the export of enterprises, and takes Hikvision as a case to analyze the input of the enterprise in green transformation and its impact on the export of overseas markets. Through the analysis of Hikvision's financial and ESG reports from 2019 to 2023, the following conclusions were drawn: Hikvision gained a competitive edge in the international market through green transformation measures; By promoting green production and product certification, Hikvision has enhanced its international reputation, and this responsible corporate image has contributed to the growth of its exports; Energy conservation and resource management measures have significantly reduced resource waste and energy consumption, thereby improving the company's profitability and competitiveness in the international market; Hangzhou's environmental regulations significantly promoted Hikvision's green innovation and had a positive impact on the company's export. The research shows that Hangzhou's environmental regulation policy has a positive impact on Hikvision's export.

디지털 무역환경에서 우리나라 중소수출기업의 대금결제 위험관리가 결제위험 관리성과에 미치는 영향: 거래 파트너십 구축지향의 조절효과

Purpose: The purpose of this study is to analyze the relationship between payment risk management and the performance of SME exporters in the digital trade environment. Research design, data, and methodology: In total, 1500 questionnaires were distributed, 200 questionnaires were returned, and 191 were utilized after excluding questionnaires with dishonest or inappropriate responses. Empirical analysis to derive the research results was conducted using the Smart PLS ver. 4.1 statistical package for structural equation modeling. Results: First, credit risk management, B2B trade receivables management, and strategic foreign exchange risk management were found to have a significant impact on payment risk management performance. Second, orientation toward building trade partnerships was found to positively moderate the relationship between payment risk management and payment risk management performance. Conclusions: This study provides guidance on the factors that small and medium-sized enterprise exporters should adopt for managing payment risks, and it is expected to contribute to strengthening export competitiveness by providing practical measures.

The impact of digital transformation on enterprises' export stability: Evidence from listed companies in China

Enterprise export stability is crucial to the stable growth of enterprise exports. The digital transformation of enterprises has become an important driver for promoting high-quality enterprise development with the development of digital technology. This paper examines the impact of digital transformation on enterprises' export stability and explores its intrinsic influence mechanism from the aspects of export product stability and export market stability using the sample data of Chinese listed companies from 2001 to 2016. Heterogeneity analysis indicates that digital transformation has a more significant impact on promoting the export stability of foreign-funded enterprises, private enterprises, labor-intensive enterprises, and enterprises in the central and western regions than state-owned enterprises, technology-intensive, capital-intensive enterprises, and enterprises in the eastern region. The mechanism analysis shows that enterprise technological innovation, enterprise total factor productivity, and enterprise export diversification level are important influence mechanisms of digital transformation on enterprises' export stability. The findings from the moderating effect analysis reveal that the government values the advancement of sports enterprises and can positively modulate the effects of digital transformation on enterprises' export stability.

Financial structure, development of small and medium banks, enterprise exports

The development of small and medium-sized banks has a profound impact on enterprise export trade. This study Based on a sample of 645 listed enterprises in China, to study the relationship between small and medium-sized banks and the export level of enterprises. Against the backdrop of the continuous development and growth of small and medium-sized banks, new ideas have been provided for seeking ways for Chinese enterprises to expand financing channels and improve export levels. The research results indicate that the development of small and medium-sized banks has significantly improved the export tendency and scale of enterprises. The heterogeneity test results show that the export expansion effect of the development of small and medium-sized banks is more significant for private enterprises, eastern enterprises, non-agricultural enterprises, and enterprises with high dependence on external financing. Based on these empirical research results and the actual situation in China, this article proposes policy recommendations such as building a long-term mechanism for the development of small and medium-sized banks, expanding their financial service coverage, and enhancing their financial service capabilities.

Vai trò của vốn nhân lực trong hoạt động xuất khẩu của doanh nghiệp: Bằng chứng từ khu vực ASEAN

This study focuses on the impact of human capital, specifically employee education level and employee training, on enterprise export activities in the context of the ASEAN region. The study used World Bank Enterprise Survey data in 2015 and 2016 with 3,335 businesses from Indonesia, Malaysia, Philippines, Vietnam, Laos, Cambodia, and Thailand. The study uses the multilevel mixed-effects logit model to solve the hierarchical data structure (multilevel) of the data set used in the study. Research results show that employee education level and employee training both have a positive impact on the export performance of businesses in the ASEAN region. From the above results, the study provides a perspective for businesses on how to improve efficiency in export activities in international markets through enhancing the human capital of the workforce.

Research on Budgeting and Performance at Vietnamese Labor Export Enterprises

Research on Budgeting and Performance at Vietnamese Labor Export Enterprises

The impact of digital transformation on enterprise export resilience: Evidence from China

External shocks have negatively affected trade activities around the world, how to improve the enterprise's anti-risk ability to external shocks has gained widespread attention. This study explores whether and how the digital transformation affects enterprise export resilience after the 2008 financial crisis. By expanding an export growth model and utilizing a merged dataset from the Chinese customs trade and A-share listed company database, we find that digital transformation significantly enhances export resilience, and this effect is more prominent in private enterprise as well as high-tech enterprise types. The mechanism analysis shows that digital transformation promotes enterprise export resilience through cost reduction and demand diversification channels. In addition, the effect of digital transformation is more evident on enterprises exporting to high-income countries. Furthermore, this paper finds that the smart city pilot policy has strengthened the promoting effect of digital transformation on enterprise export resilience. These findings shed insights into the relationship between the digital transformation and enterprise's export behavior in the post-crisis era.

한중 양국 중소기업해외채권 회수제도 비교 연구

According to the Korea Trade Insurance Corporation, the amount of funds that have not yet received payment for exports in 2021 is 82 million US dollars (106.6 billion Korean won), and the total amount of accounts receivable in the past five years has reached 1.3 trillion Korean won. According to the Korea Trade Association, although the issuance scale of foreign bonds is increasing, the cumulative recovery rate is as low as around 30%. The average recovery rate of overseas accounts receivable owed by Chinese export enterprises is only 20%. Combined with a 5% export bad debt rate, it basically means that 4% of the annual export amount cannot be recovered. For small and medium-sized enterprises with weak risk resistance, cash flow is crucial for their survival. In general, there are two common ways to obtain compensation for uncollected debts: by purchasing pre export credit insurance or by seeking an ECA agency for agency recovery. The public export credit agencies (ECA) K-SURE and SINOSURE of the two countries are exploring the differences and similarities in overseas bond recovery systems, while hoping to provide better bond recovery methods for small and medium-sized enterprises and help with overseas bond recovery.

Does Sino-US trade friction hurt corporate resilience? Evidence from Chinese enterprises

As the world’s largest foreign trading country, China has faced numerous trade investigations in recent years. We select panel data from China’s manufacturing A-share listed companies from 2012 to 2021 to explore the impact of Sino-US trade friction on corporate resilience and its internal mechanisms. The results show that: (1) The intensification of Sino-US trade friction significantly reduces the resilience of Chinese microenterprises. This conclusion remains robust after a series of tests using PSM-DID and other methods. (2) Heterogeneity analysis shows that the resilience of export enterprises, high-tech enterprises, and enterprises in developed regions are more severely impacted by Sino-US trade friction. (3) Mechanism tests reveal that Sino-US trade friction damages enterprise resilience mainly through three channels: damaging the spirit of entrepreneurs, reducing internal operating profits, and exacerbating external financing constraints. The results provide theoretical and empirical support for understanding the survival effects of microeconomic entities under the impact of Sino-US trade friction.

Unveiling the pandemic’s ripples: a study of COVID-19’s effects on catfish and shrimp farmers and export enterprises in Vietnam

Unveiling the pandemic’s ripples: a study of COVID-19’s effects on catfish and shrimp farmers and export enterprises in Vietnam

Uncertainty of the Export VAT Rebate Policy: Measurement and Its Effects

Abstract Based on the export VAT rebate rate data from 2004 to 2015, this paper measures the uncertainty of Chinese export VAT rebate policy by using unexpected fluctuation of export VAT rebate rate, and finds that the index varies across products, years and industries. Then, the paper studies the influence of the uncertainty of export VAT rebate policy on China’s export growth from both theoretical and empirical perspectives. The research results show that this uncertainty reduces the expected profit of export enterprises and their optimal output, and significantly reduces the growth rate of the ordinary export that applies the export VAT rebate method, but it has no impact on the processing export. By decomposing total value of exports, it is found that the growth in the number of ordinary export relationship and average sales decrease with the increase of uncertainty, while the average price growth rate increases slightly, and these effects are only reflected in the newly entered export relations. The findings suggest that when the uncertainty of export VAT rebate policy is high, enterprises are more cautious about entering the ordinary export market and more likely to adopt a low-quantity-high-price strategy.

THE EFFECT OF EXPORT PROMOTION PROGRAM TOWARDS SMALL-MEDIUM ENTERPRISES’ EXPORT PERFORMANCE: A GOVERNANCE PERSPECTIVE

This paper investigates the effectiveness of export promotion programs (i.e., information, experiential, and financial supports) towards small-medium enterprises (SMEs) export performance. The research framework is guided by the Research-Based View. A sample of 116 Malaysian small and medium size exporter firms was tested by using the model. The data were analyzed through a partial least square structural equation modelling approach. Study results show that all three supports in the export promotion program improve SMEs’ export performance with the mediating effect of network role. The findings show that the implication of the impact of export promotion programs on export performance is justified. Besides, it also validates the importance of networking in using support from government agencies. The findings can also help SMEs engage with foreign buyers or trade organizations to profit from trade fairs and trade exhibits, promoting promotion programs on a global scale. Last but not least, government agencies can also strengthen international trade relations and foreign diplomacy for exporters to boost their trade competitiveness.

Technical standard regulations and firm markups: evidence from China

ABSTRACT The purpose of this paper is to empirically evaluate the effect and mechanism of technical standard regulations on firm markups based on the micro data of Chinese manufacturing export enterprises. The results indicate that such regulations have a significant negative effect on firm markups and that this negative effect is greater for large enterprises, enterprises with high financing constraints and capital- and technology-intensive enterprises. Mechanism tests also reveal that under static conditions, technical standard regulations reduce firm markups through the ‘cost increase effect’ but that the ‘quality upgrade effect’ and ‘technological innovation effect’ produced by dynamic adjustment somewhat offset the negative effect of cost increases on firm markups. Further analysis shows that the implementation of these regulations significantly reduces the dispersion of firm markups in an industry, reduces resource mismatch, and enhances the industry’s development capability. This study provides a useful reference for enterprises to cope with technical standard regulations, reduce costs, improve quality and efficiency, and enhance standardization and market competitiveness.

Common Institutional Investors’ Shareholding, Enterprise Export and Financialization of Entity Enterprises: Empirical Evidence from Listed Companies in China

Common Institutional Investors’ Shareholding, Enterprise Export and Financialization of Entity Enterprises: Empirical Evidence from Listed Companies in China