经济与管理2025,Vol.39Issue(5):76-84,9.
贸易便利化如何改善企业资源配置
How Trade Facilitation Can Improve Firm Resource Allocation:From the Perspective of Inventory Adjustment of Chinese Manufacturing Firms
摘要
Abstract
As the main content of supply-side structural reform,"de-inventorying"is closely related to the optimization of firm re-source allocation and high-quality economic growth.This paper takes firm inventory adjustment as an entry point to examine in depth the impact of trade facilitation on resource allocation of Chinese manufacturing firms.The study found that the conclusion that trade fa-cilitation significantly reduces the level of firms' non-finished goods inventories,which in turn effectively improves firms' resource allo-cation,still holds when numerous confounding factors are excluded;mechanism tests show that trade facilitation reduces the level of firms' non-finished goods inventories mainly through the channels of increasing the degree of firms' supply chain integration and enhan-cing firms' innovation capabilities;and heterogeneity analysis shows that the inventory reduction effect of trade facilitation is significant-ly larger for non-state-owned and general trading firms.关键词
贸易便利化/企业资源配置/非产成品存货/供应链整合/"去库存"Key words
trade facilitation/firm resource allocation/non-finished goods inventories/supply chain integration/"destocking"分类
管理科学引用本文复制引用
罗奇..贸易便利化如何改善企业资源配置[J].经济与管理,2025,39(5):76-84,9.基金项目
国家社科基金重大项目(24&ZD069) (24&ZD069)
国家自然科学基金面上项目(72373057) (72373057)