Which firms benefit from robot adoption? Evidence from China

This paper investigates which firms benefit from robot adoption in a developing open economy such as China. First, we construct a unique comprehensive dataset to identify robot adoption in Chinese industrial firms. Second, we adopt difference-in-differences to provide empirical analysis after conducting the common trends tests. Third, we find that adopting robots significantly increases a series of firm performance indicators in robot adoption firms. Compared with adopting firms in the labor-intensive sector, firms in the capital-intensive sector significantly benefit from robot adoption in a series of firm performance indicators, e.g., employment, capital stock, output, total factor productivity, capital returns, and exports. Finally, we check the robustness, investigate the dynamic effects, and find persistent positive effects. Our findings shed some light on the impacts of robot adoption in developing and transition countries.     

新创企业出生率区域差异的影响因素分析

新创企业对促进经济增长和带动区域就业有重要作用,然而我国新创企业的出生率存在着显著的区域差异,尤其是东部和西部地区差异较大,使得区域经济发展更加不平衡。通过回顾大量文献,分析了测度新创企业出生率区域差异的方法,研究了新创企业出生率区域差异的现状,探讨了造成区域新创企业差异的影响因素及影响途径,总结了缓解新创企业出生率区域差异、促进落后地区加强创业的启示。     

提升中国制造业企业能力的路径研究

如何获取和保持持久竞争优势是企业面临的实际问题?能力是推动企业发展的重要支撑物,而中国制造企业正因低能力梯度而陷入发展的困境。分析指出,只有合理有效地发展企业能力才能进一步推进企业发展,并基于企业能力发展过程的分析探讨了能力发展的实现路径。     

广西在CAFTA建成后的经济增长前景研究——基于斯密定理分析视角

2010年1月,中国—东盟自由贸易区如期建成。文章基于斯密定理进行分析研究,预测了中国—东盟自由贸易区建成后的市场规模,就此预测市场规模给广西经济发展带来的机遇,展望了广西经济增长前景,并就广西如何抓住中国—东盟自由贸易区市场规模扩大的历史性机遇,促进经济增长提出了一些对策建议。     

企业治理之合约安排视角研究

本文基于合约安排的视角对企业治理进行了研究．主要通过激励合约设计．分析代理人剩余分享系数、努力变量、激励变量、努力成本和激励成本等变量之间的相互关系及其经济意义，从而得出了一些主要的基本结论：第一，委托人设计的激励合约具有一定的状态依存性。第二，委托人的监管效率是合约设计的重要因素，且监管本身具有概率性。第三，委托人要关注边际业绩分享系数的作用，进而必须关注“剩余标的”本身的选择。第四，一旦委托人也对产出做出自己的贡献，代理人的风险中立性就不能保证带来最优的结果。第五，委托人“先行一步”的优势是激励合约效率最大化的重要因素。     

Pollution control and foreign firms’ exit behavior in China

China faces a common dilemma of how to maintain rapid economic growth while also reducing the pollution that has accompanied growth. Will stricter pollution controls drive away the foreign firms that have helped spur growth in China? This paper studies the effects of the Two-Control-Zone (TCZ) pollution control policy on foreign firms’ exit behavior in China. Based on firm-level data from 1998 to 2009, we find that foreign firms’ responses are not significantly different from domestic firms on average once environmental regulations impose an added cost of business. However, foreign firms’ responses to stricter pollution controls tend to differ based on various firm characteristics. Our estimation indicates that larger size, higher productivity and exporting all make foreign firms less likely to exit than similar domestic firms in regions with stricter pollution control.