Services Export And The Growth Of China’s Service Enterprises Productivity

Service sector is an important part of the national economy, but in addition tocapital, labor and other traditional elements, the development of the service industryalso depends on technological progress and efficiency improvement, and the exporttrade with productivity growth has always been one of the core concerns in economics.In the first round of the process of economic globalization, China has adopted anexport-oriented economic development strategy to seize this opportunity. Because ofthe low labor costs advantages, China gets a lot of "demographic dividend". Theeconomy has a large development with this. But with the global financial turmoilcaused by subprime mortgage crisis in U.S., and the outbreak of the sovereign debtcrisis in European countries, the international economic situation is grimmer year byyear. And the trade embargoes, technical barriers and other measures taken by thedeveloped countries, making China will encounter a lot of resistance if we rely on thelow value-added, low-tech export-driven model. In this case vigorously promoting thedevelopment of high value-added, high-tech trade in service, increasing theproductivity of service enterprises, has become the dependable approach to helpChina get the "new dividends" of globalization with the participation in the secondround of economic globalization.This paper is based on the theory of "heterogeneous enterprise trade" and"learning by doing", uses the service enterprises’ panel data in Shanghai and ShenzhenA-share listed companies from2007to2011, combines with the DEA input-outputmethod Malmquist index, considers the service sectors’"costs disease" and thecharacteristics of service trade, uses a random effects model, empirically examines therelationship of exports and productivity of service enterprises in China. And we alsotest the hypothesis of "self-selection" and "learning by exporting". The study hasshown that China’s exporters of service have better indicators compared tonon-exporters, but it does not support the hypothesis of "self-selection"; serviceenterprises in China support "learning by exporting" hypothesis, but its effect may berelatively small.Finally, according to the empirical results, this paper proposes the followingpolicy recommendations: since "learning by exporting" effect is present in the serviceenterprises, the Government should take the financial support, export tax rebates andother measures to encourage enterprises export; The Government should alsoestablish a sound system of intellectual property protection and create a favorable environment for innovation to expand the effect of "learning by exporting"; And theGovernment should also focus on independent innovation, not only rely on theintroduction of foreign advanced technology. In order to truly improve productivityand promote the progress of the entire country and the nation, we should have the coretechnology in our hands.