Does domestic market integration promote an increase in the export value of manufacturing?

Dong Yao, Liang Chen and Wanyin Zhong

Finance Research Letters, 2025, vol. 72, issue C

Abstract: Based on provincial-level data from China from 2008 to 2022, this study examines the impact of market integration on manufacturing exports. Market integration significantly enhances the export value of manufacturing. Mediation effect analysis indicates that market integration fosters export growth by promoting corporate innovation and economies of scale. Heterogeneity analysis confirms the differences between industries. Heavy industries are more affected by international competition and technological advancements. Light industries benefit more from market integration.

Keywords: Market integration; Export value; Corporate innovation; Economies of scale; Manufacturing (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:72:y:2025:i:c:s1544612324012868

DOI: 10.1016/j.frl.2024.106257

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