Research On The Influence Of Trade Promotion Agency On Enterprise's Export Behavior

The export of China has showed an upward trend increasingly since the reform and opening policy,it has become one of the three dynamics of China's economic growth.So far the mystery of China's export growth is still a hot topic in the research field of international trade.With the economic crisis breaking out in 2008,international market weak in demand,the China export suffers setbacks repeatedly and experienced first decline in decades in the year of 2009,negative growth continuously appeared in 2015 and 2016,all of this represent that the export of China is badly shocked by the international market.Moreover,the development of Chinese manufacturing industry stays at the lower end of the global value chain for a long time,trade conditions of China have not been significantly improved,but on the contrary,the rate of China has been trapped in the trap of "poverty growth".With the resource elements changing constantly,the traditional export of competitive advantage in China is weakening,therefore,how to make exports steady and improve the terms of trade have become the essential issue which the policy makers and academic circles focus on.From the microscopic perspective,not only is the export of companies affected by aspects inside itself,but also the aspects outside the companies are of great importance.In view of companies' export,market failure and information asymmetry seriously impede its smooth functioning.However,trade promotion agencies do great help to risk reduction and export trade development.The Chinese government has built a trade promotion system represented by the trade promotion agencies since the early '60s,yet there is few literatures about China's trade promotion agencies at present,most of the relative researches remain at the level of normative analysis,and few of them conducts scientific,comprehensive empirical analysis.In order to clarify the impact of trade promotion agencies on the export behavior of China's companies,so as to provide reference and basis for the further improvement of China's trade promotion system,the paper firstly clarifies and analyzes the theoretical and empirical research on the trade promotion agencies at home and abroad,moreover,analyzes the current development situation of China's trade promotion agency.Then,282 urban trade promotion agencies' data,Chinese industrial enterprise data and customs export data from 2001 to 2007 were collected to empirically analyze the impact from trade promotion agencies to export behavior of China's companies,with the help of double difference method of propensity score matching,therefore,the static state(marginal decomposition)and the dynamic state(exit duration)of export behavior are investigated.There are three main findings in this research.Firstly,it is proved that trade promotion agencies have significant influence on export behavior of China's companies,and this impact is conducted by intensive margin of export.Secondly,trade promotion agencies play a greater role in private enterprises,the eastern region of enterprises and low technology enterprises.Finally,trade promotion agencies efficiently extend the duration of the export of Chinese enterprises.The conclusions imply that giving full play to the role of trade promotion agencies could be a major point to trade promotion in China during the 13th Five-Year or even longer period.