Who rides the tide of regionalization: Examining the effect of the China-ASEAN Free Trade Area on the exports of Chinese firms |
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| Authors: | Lin Zhang Lin Cui Sali Li Jiangyong Lu |
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| Institution: | 1. Guanghua School of Management, Peking University, Beijing 100871, China;2. Research School of Management, The Australian National University, Canberra 0200, Australia;3. Darla Moore School of Business, University of South Carolina, Columbia 29208, SC, United States |
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| Abstract: | This study draws on the institutional economics and the resource-based view to examine the impact of regional institutional changes on firm exports. Specifically, we utilize the establishment of the China-ASEAN Free Trade Area as our research context. Our difference-in-difference analysis of a four-year panel of 700 Chinese listed firms lends support to our arguments that (1) regional institutional changes aimed at increasing economic incentives for intraregional business exchanges will stimulate firm exports in the regional market and that (2) private firms, more technologically competent firms, and firms with richer regional exporting experience are affected more strongly by this institutional influence. |
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| Keywords: | Regional institutional change Firm exports Regional integration Difference-in-difference analysis China-ASEAN FTA |
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