Mechanism of Chinese exporters'inland location in the background of economic dual circulation:product geographic network and high-speed rail construction
Mechanism of Chinese exporters'inland location in the background of economic dual circulation:product geographic network and high-speed rail construction
Globalization involves many challenges.To overcome these,China has proposed a new development pattern of"dual circulation"to promote balanced regional development while maintaining high-quality opening-up.Using data on customs trade,high-speed rail,and city from 2000 to 2015,this article explores the impact of the product geographic network and high-speed rail construction on exporter location.The results show that the product geographic network and high-speed rail construction have positive effects on the location selection of exporters,and the product geographic network promotes inland location.The results are still valid after a series of robustness tests.Heterogeneity analysis indicates that the positive effects of the product geographic network and high-speed rail construction on the samples of general trade,exports to low-income countries and samples with strong policy support for key industries are greater.In comparison,the effect of the product geographic network on the inland location of exporters is reflected in the samples of general trade,exports to low-income countries,and samples with low policy support.Mechanism analysis shows that the product geographic network and high-speed rail construction can bring about information spillover and decrease trade cost,thereby leading exporters to locate.In addition,the product geographic network can promote market competition and improve market allocation efficiency;however,the resulting low-cost imitation between enterprises will reduce the overall quality of export products.This study reveals the mechanism of product geographic network and high-speed rail construction on exporter location,which provides a decision-making reference for better promoting domestic and international dual circulations.
维普
万方数据