Please wait a minute...

Frontiers of Economics in China

Front Econ Chin    2012, Vol. 7 Issue (2) : 218-245     https://doi.org/10.3868/s060-001-012-0010-9
research-article
Does Innovation Matter for Chinese High-Tech Exports? A Firm-Level Analysis
Dahai Fu1(), Yanrui Wu2(), Yihong Tang3()
1. UWA Business School, University of Western Australia, Crawley, WA6009, Australia; 2. UWA Business School, University of Western Australia, Crawley, WA6009, Australia; 3. School of International Trade and Economics, Central University of Finance and Economics, Beijing 100081, China
Download: PDF(798 KB)   HTML
Export: BibTeX | EndNote | Reference Manager | ProCite | RefWorks
Abstract

This paper investigates the impact of innovation on export decisions of Chinese high-tech firms during the period of 2005–2007. Using a parametric, instrumental variable approach and a non-parametric matching method, we find that firm-level innovation efforts, measured by R&D spending and new product output, play only a minor role for domestic exporters. Foreign-invested firms dominate the high-tech exports but do not rely on indigenous innovation activities. These results demonstrate that the success of Chinese high-tech exports does not result from heavy R&D expenditure and technological progress. Moreover, different types of innovation measures show different impacts on the likelihood of exporting. The impacts of innovation on exporting vary widely across industries and Chinese regions.

Keywords exports      innovation      high technology      China     
Corresponding Author(s): Dahai Fu,Email:dahai.fu@yahoo.com; Yanrui Wu,Email:yanrui.wu@uwa.edu.au; Yihong Tang,Email:tangyihong@cufe.edu.cn   
Issue Date: 05 June 2012
 Cite this article:   
Dahai Fu,Yanrui Wu,Yihong Tang. Does Innovation Matter for Chinese High-Tech Exports? A Firm-Level Analysis[J]. Front Econ Chin, 2012, 7(2): 218-245.
 URL:  
http://journal.hep.com.cn/fec/EN/10.3868/s060-001-012-0010-9
http://journal.hep.com.cn/fec/EN/Y2012/V7/I2/218
Service
E-mail this article
E-mail Alert
RSS
Articles by authors
Dahai Fu
Yanrui Wu
Yihong Tang
Related articles from Frontiers Journals
[1] Yufei Liu, Xi Qu, Wei Wang, Xiaokun Chang. Does Population Aging Hinder the Accumulation of Human Capital? Evidence from China[J]. Front. Econ. China, 2020, 15(2): 257-281.
[2] Serdar Ongan, Ismet Gocer. The Relationship between Interest Rates and Inflation: Examining the Fisher Effect in China[J]. Front. Econ. China, 2020, 15(2): 247-256.
[3] Xin Jin. A Bayesian Nonparametric Investigation of the Predictive Effect of Exchange Rates on Commodity Prices[J]. Front. Econ. China, 2020, 15(2): 179-210.
[4] Xiaoheng Zhang, Xu Tian. Firm-Level TFP Growth in the Chinese Automobile Industry[J]. Front. Econ. China, 2020, 15(1): 103-123.
[5] Yi Che, Zuojun Fan, Yan Zhang. The Effect of Land Reallocation on Off-Farm Employments in Rural China[J]. Front. Econ. China, 2019, 14(3): 401-427.
[6] Leo H. Chan, Maritza Sotomayor, Donald Lien. Impacts of the Contributions of FDI and Remittances on the Economic Growth in Asia and Latin America: A Comparative Study[J]. Front. Econ. China, 2019, 14(3): 371-400.
[7] Yunpeng Sun, Jingjia Zhang. Effectiveness of Monetary Policy in China: Evidence from Factor-Augmented Vector Autoregression Model[J]. Front. Econ. China, 2019, 14(3): 336-370.
[8] Dani Rodrik. Where Are We in the Economics of Industrial Policies?[J]. Front. Econ. China, 2019, 14(3): 329-335.
[9] Nidhi Bagaria, Saba Ismail. Export Performance of China: A Constant Market Share Analysis[J]. Front. Econ. China, 2019, 14(1): 110-130.
[10] Xianchun Xu. The Slowdown of China’s Economic Growth in Terms of Statistics[J]. Front. Econ. China, 2019, 14(1): 72-79.
[11] Justin Yifu Lin. China’s Growth Deceleration: Causes and Future Growth Prospect[J]. Front. Econ. China, 2019, 14(1): 26-52.
[12] Guoqiang Tian. Deceleration of China’s Economic Growth: Causes and Countermeasures[J]. Front. Econ. China, 2019, 14(1): 3-25.
[13] Muhammad Zubair Mumtaz, Zachary Alexander Smith. The Determinants of Chinese Outward Foreign Direct Investment: A Closer Look[J]. Front. Econ. China, 2018, 13(4): 577-601.
[14] James J. Heckman, Shuaizhang Feng. China’s Investments in Skills[J]. Front. Econ. China, 2018, 13(4): 531-558.
[15] Jinsong Zhao, Hao Pang. Surviving Unstable Property Rights in Early Modern China: A Case Study of Young Brother Bank[J]. Front. Econ. China, 2018, 13(3): 505-530.
Viewed
Full text


Abstract

Cited

  Shared   
  Discussed