With the advancement of "the belt and road" construction, the internationalization of enterprises has ushered in new development opportunities. At the same time, the comparative advantage of China's labo...With the advancement of "the belt and road" construction, the internationalization of enterprises has ushered in new development opportunities. At the same time, the comparative advantage of China's labor force has attracted a large number of investors, and the export volume has increased year by year, becoming a major exporter. However, in recent years, China's population has been aging seriously, the surplus labor force in rural areas has decreased, and the phenomenon of low fertility has led to the continuous decrease of the newly added labor force of the right age, which has directly led to the shortage of labor supply. There is a shortage of staff everywhere, forcing the labor cost to increase. In addition, the people's general awareness of safeguarding their rights has begun to increase, and China's minimum wage standard system has also been implemented across the country, resulting in the rising cost of labor in China. Based on the matching data of China's industrial enterprise database, industry panel data and customs import and export database, this paper uses a fixed effect model to study the relationship between changes in labor costs and export efficiency of enterprises, taking into account the possible impact of total industry output value, average industry size and exchange rate. The study finds that: the increase in labor costs has significant negative impact on export efficiency. Therefore, this research is based on the total output value of the industry and the average enterprise scale to significantly promote the export. According to the theory of comparative advantage, this research explores the causal relationship between labor cost and enterprise export through empirical analysis. It is hoped that Chinese enterprises can maintain their core competitiveness in the international market on the basis of enhancing economic benefits.展开更多
As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of ...As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of carbon emissions has drawn wide attention from the international community, necessitating the comparison of the trade benefits and environmental costs of the BRICS participation in GVCS. Based on the Eora database, this paper constructs a decomposition framework for the calculation of export value-added and embodied carbon, based on a multi-region input-output (MRIO) model. The trade benefits and environmental costs paid by the BRICS’ total exports from 1990 to 2015 were measured and the imbalance was analyzed, along with the causes. The results show that the main value-added and carbon embodied in the BRICS’ exports originate from their own countries, and the domestic value-added content of the BRICS’ exports decreased while the foreign value-added content increased.展开更多
文摘With the advancement of "the belt and road" construction, the internationalization of enterprises has ushered in new development opportunities. At the same time, the comparative advantage of China's labor force has attracted a large number of investors, and the export volume has increased year by year, becoming a major exporter. However, in recent years, China's population has been aging seriously, the surplus labor force in rural areas has decreased, and the phenomenon of low fertility has led to the continuous decrease of the newly added labor force of the right age, which has directly led to the shortage of labor supply. There is a shortage of staff everywhere, forcing the labor cost to increase. In addition, the people's general awareness of safeguarding their rights has begun to increase, and China's minimum wage standard system has also been implemented across the country, resulting in the rising cost of labor in China. Based on the matching data of China's industrial enterprise database, industry panel data and customs import and export database, this paper uses a fixed effect model to study the relationship between changes in labor costs and export efficiency of enterprises, taking into account the possible impact of total industry output value, average industry size and exchange rate. The study finds that: the increase in labor costs has significant negative impact on export efficiency. Therefore, this research is based on the total output value of the industry and the average enterprise scale to significantly promote the export. According to the theory of comparative advantage, this research explores the causal relationship between labor cost and enterprise export through empirical analysis. It is hoped that Chinese enterprises can maintain their core competitiveness in the international market on the basis of enhancing economic benefits.
文摘As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of carbon emissions has drawn wide attention from the international community, necessitating the comparison of the trade benefits and environmental costs of the BRICS participation in GVCS. Based on the Eora database, this paper constructs a decomposition framework for the calculation of export value-added and embodied carbon, based on a multi-region input-output (MRIO) model. The trade benefits and environmental costs paid by the BRICS’ total exports from 1990 to 2015 were measured and the imbalance was analyzed, along with the causes. The results show that the main value-added and carbon embodied in the BRICS’ exports originate from their own countries, and the domestic value-added content of the BRICS’ exports decreased while the foreign value-added content increased.