The effect of exports on labour share
A semiparametric approach using Chinese manufacturing panel data
Bibliographic Data
| ID | 21543545 |
|---|---|
| Authors | Jinjing Tian (0000-0003-2324-0309, Institute for Advanced Economic Research (IAER) Dongbei University of Finance and Economics Dalian China), Taining Wang (0000-0001-8565-4019, International School of Economics and Management (ISEM) Capital University of Economics and Business Beijing China, corresponding author), Joshua Hall (0000-0001-6890-7387, Department of Economics West Virginia University Morgantown WV USA) |
| Year | 2022 |
| Volume | 45 |
| Issue | 4 |
| Pages | 1140-1178 |
| Publication date | 2022-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Economy (JOURNAL) |
| Journal identifiers | ISSN: 0378-5920 • E-ISSN: 1467-9701 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/twec.13116 |
| OpenAlex | W3132964354 |
| Language | EN |
| Citations received | 1 |
| References cited | 64 |
We distinguish the effects of export on labour share into a stand‐alone direct effect and indirect effects, which alter the marginal impact of three key determinants of labour share found in the literature. While the direct effect of export has been extensively studied, the potential indirect effects remain unexplored. We investigate both effects of exports using micro‐level Chinese firm‐level data from 1998 to 2007. We employ a fixed‐effect varying coefficient model to reveal the potential nonlinearity of the effects of exports while alleviating the risk of model mis‐specification. Our model is estimated by a spline‐backfitted kernel estimator, which is more efficient and computationally attractive than alternative estimators. We find that while exports directly increase labour share as expected, it declines labour share indirectly through intensifying the negative marginal impact of firms’ capital intensity, monopoly power and capital‐augmented technological progress on labour share. As a result, the net effect of exports is not beneficial to labour's share of income and varies in magnitude across firm characteristics, regions and time periods
Econometrics · Economics · Estimation · Estimator · Fixed effects model · Labour economics · Panel data · Economic Growth and Productivity · Firm Innovation and Growth · Global trade and economics
Plants and Productivity in International Trade
Weighing China’s export basket
Law, finance, and economic growth in China
Growing Like China
Protection and Real Wages
The Global Decline of the Labor Share
The Decline of the U.S. Labor Share
Challenges of working with the Chinese NBS firm-level data
Labor- and Capital-Augmenting Technical Change
Exceptional exporter performance
Factor shares
Markups and Firm-Level Export Status
Concentrating on the Fall of the Labor Share
R&D Investment, Exporting, and Productivity Dynamics
Estimating Production Functions Using Inputs to Control for Unobservables
Misallocation and Manufacturing TFP in China and India
Has Globalization Gone Too Far
Recasting the Iron Rice Bowl
The personal and the factor distributions of income in a cross-section of countries
Capital is Back
The determinants and trends of China's exportable structure
Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing
Interregional and International Trade
Privatization and the Decline of Labour's Share
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |