出口企业转型与企业的经营表现

 文章运用基于倍差法的倾向评分匹配估计方法从企业微观层面分析了出口企业转型对其经营表现的作用。结果表明：高度外销型企业转型为中度外销型企业以及中度外销型企业转型为低度外销型企业对企业经营表现的影响主要体现于其会显著地增加企业的负债额进而恶化其财务状况，二者不显著影响企业的劳动生产率和产出。高度外销型企业转型为低度外销型企业对企业经营表现的影响主要体现于其会显著地提高企业的劳动生产率，这种转型行为并不显著影响企业的产出和财务状况。尽管如此，由于其对企业的产出并不产生显著作用，因此由于该转型行为所获得的劳动生产率的提升同时也会减少企业的就业。

Exporters Transformation and Performance Dynamics

We apply a difference-in differences methodology based on Kernel Propensity Score Matching to analyze the performance dynamics of exporters in Chinese industry sector that experienced transformation in export activities.The highly exporting firms lowering their export intensities to turn into moderate ones or the moderate exporting firms to turn into lowly ones would have a deleterious effect on firms' performance dynamics especially on financial situation through significantly increase the amount of firms'...