Finance and Firm Export in China

Jun Du () and Sourafel Girma

Kyklos, 2007, vol. 60, issue 1, 37-54

Abstract: Using a rich panel data set, we provide a rigorous analysis of the relationship between access to external finance, foreign direct investment and the exports of private enterprises in China. We conclude that, in order to foster the exports of indigenous enterprises, the elimination of financial discrimination against private firms is likely to be a more effective policy tool than the reliance on spillovers from multinational firms.

Date: 2007
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