The Impact Of Export Quality On Output Fluctuation

During the "Thirteenth Five-Year Plan" period,the world economy has undergone twists and turns in deep adjustment,international economic and trade relations have become more complicated,Therefore,before the "new normal",the export-oriented strategy was an important strategy for stimulating China's economic growth.The "open-and-out" mode of opening up made it difficult for China's manufacturing industry to get rid of the low-end of the global value chain and improve the quality of its exports.Coordinating industrial transformation and upgrading,promoting products to the middle and high end,will stabilize economic growth and reduce economic fluctuations.Export quality can measure the export technology content at the product and sub-product level from a specific aspect,and become an important indicator for measuring the export trade structure of the economy and developing countries(Sanjaya Lall et al.,2006).This paper examines the relationship between export quality and economic fluctuations based on export quality.This paper first uses the Khandelwal demand function to find the residual method to measure the quality of China's exports.From the "China Customs Database",we obtained more than 400,000 enterprise data from 31 provinces to measure the export quality of China,and then subdivided the overall sample into the state-owned Enterprises,private enterprises,and foreign-funded enterprises respectively measure the export quality of the three types of enterprises.According to the calculation results,the export quality of state-owned enterprises is slightly larger than that of foreign-funded enterprises,which is larger than that of private enterprises.Then,using the industrial enterprise database from 2000 to 2006,the output volatility of industrial enterprises for seven consecutive years was calculated.According to the results of the calculation,the output volatility of Chinese enterprises has declined since 2000,but the fluctuations of enterprises with different ownerships Each is different.The regression analysis of the impact of export quality on output volatility by different companies.The empirical results show that under the overall sample regression The impact of export quality on output volatility is significantly negative.Under the sub-sample regression,the impact of private enterprise export quality on corporate output volatility has a significant negative effect.The final policy recommendations of the article: The state should actively create favorable policy conditions for enterprise exports and encourage enterprises to export.To enhance the competitiveness of their products and expand the export market.We will attach great importance to the development of state-owned enterprises and private enterprises from a strategic perspective and continue to promote technological innovation.