This study utilizes panel data from 293 Chinese cities at the prefecture level or above,spanning from 2013 to 2022,to empirically examine the net effects and underlying mechanisms of establishing pilot free trade zone...This study utilizes panel data from 293 Chinese cities at the prefecture level or above,spanning from 2013 to 2022,to empirically examine the net effects and underlying mechanisms of establishing pilot free trade zones(FTZs)on integration into the digital global value chain(DGVC).The results demonstrate that the establishment of pilot FTZs positively promotes integration into the DGVC and generates a spatial spillover effect.Compared to coastal areas and small-and medium-sized cities,pilot FTZs have a more significant impact on the integration of inland regions and large cities into the DGVC.Mechanism tests reveal that pilot FTZs drive integration into the DGVC primarily by promoting digital industry agglomeration and enhancing the technological content of exports.Furthermore,bilateral foreign direct investment and digital trade rules positively amplify the impact of pilot FTZs on integration into the DGVC.Therefore,this study recommends comprehensively deepening the development of pilot FTZs,consistently enhancing the technological content of exports,and proactively establishing a sound digital trade regulatory framework.These recommendations offer valuable insights for DGVC integration and the construction of a high-standard free trade network.展开更多
Using panel data from 31 provinces in China,covering the period from 2003 to 2017,this article analyzes the threshold effect of factor price distortion on the technological content of exports.The results show that fac...Using panel data from 31 provinces in China,covering the period from 2003 to 2017,this article analyzes the threshold effect of factor price distortion on the technological content of exports.The results show that factor price distortion does not necessarily impede improvement in the quality of the technological content of exports.Instead,the adverse ejfect can be weakened when the value of per capita GDP is higher than RMB13,154 or the value of FDI goes beyond RMB480.9 billion.This is because a high regional economic development level alleviates the adverse effect of factor price distortion on the technological content of exports.Our results are robust when the dependent variable and sample years are changed.This article also addresses the endogeneity issue.We also consider the underlying mechanism through which factor price distortion affects the technological content of exports.展开更多
基金supported by the Key Project of the Hainan Province Marxist Theory Research and Development Program,titled“Research on the Opportunities and Challenges of the Digital Economy Partnership Agreement(DEPA)for the Construction of the Hainan Free Trade Port”(Grant Number:2023HNMGC02).
文摘This study utilizes panel data from 293 Chinese cities at the prefecture level or above,spanning from 2013 to 2022,to empirically examine the net effects and underlying mechanisms of establishing pilot free trade zones(FTZs)on integration into the digital global value chain(DGVC).The results demonstrate that the establishment of pilot FTZs positively promotes integration into the DGVC and generates a spatial spillover effect.Compared to coastal areas and small-and medium-sized cities,pilot FTZs have a more significant impact on the integration of inland regions and large cities into the DGVC.Mechanism tests reveal that pilot FTZs drive integration into the DGVC primarily by promoting digital industry agglomeration and enhancing the technological content of exports.Furthermore,bilateral foreign direct investment and digital trade rules positively amplify the impact of pilot FTZs on integration into the DGVC.Therefore,this study recommends comprehensively deepening the development of pilot FTZs,consistently enhancing the technological content of exports,and proactively establishing a sound digital trade regulatory framework.These recommendations offer valuable insights for DGVC integration and the construction of a high-standard free trade network.
文摘Using panel data from 31 provinces in China,covering the period from 2003 to 2017,this article analyzes the threshold effect of factor price distortion on the technological content of exports.The results show that factor price distortion does not necessarily impede improvement in the quality of the technological content of exports.Instead,the adverse ejfect can be weakened when the value of per capita GDP is higher than RMB13,154 or the value of FDI goes beyond RMB480.9 billion.This is because a high regional economic development level alleviates the adverse effect of factor price distortion on the technological content of exports.Our results are robust when the dependent variable and sample years are changed.This article also addresses the endogeneity issue.We also consider the underlying mechanism through which factor price distortion affects the technological content of exports.
