Can Relaxing Market Access Regulations Promote the Stability of Enterprise Supply Chains--Evidence from the Negative List
Ensuring the stability of enterprise supply chains is an important foundation for building a unified national mar-ket and promoting stable and far-reaching economic development.This article is based on data from Chinese A-share listed com-panies from 2012 to 2022,and uses the negative list system for market access as a natural experiment to explore the correlation between relaxing market access regulations and stabilizing enterprise supply chains.Research finds that relaxing market access regulations can promote the stability of enterprise supply chains,and have a stronger promoting effect on the stability of supply chains for enterprises in the import period,non-state-owned enterprises,high monopoly industries,and enterprises with high supply chain concentration.Mechanism testing shows that optimizing factor allocation on the supply side and unleashing con-sumption potential on the demand side are important channels for this policy to promote the stability of enterprise supply chains.Further analysis reveals that after incorporating domestic market integration into the supply chain stability index,the positive ef-fect of relaxing market access regulations on the new index is more prominent,indicating that relaxing market access regulations has a promoting effect on the unified national market.
Relaxing Market Access RegulationsSupply Chain StabilityNegative ListNational Unified Large Market
万方数据
