China's Imports and the Size of Employment in Firms in Import Source Countries
In the international arena,the"China threat theory"is very popular,while China's contribution as an importing country providing a huge market for countries around the world has been overlooked.In order to explore the impact of China's imports on the development of the world economy,this paper studies the impact of China's imports on the employment of enterprises in the import source countries,using the global manufacturing listed enterprises as a sample from 1998 to 2018.The findings show that(1)China's imports significantly promote the employment growth of listed manufacturing enterprises in import source countries,with a larger promotion effect after China's accession to the WTO,and China's imports have a larger promotion effect on the employment growth of enterprises in high-income countries and OECD countries.(2)The output scale effect and productivity effect are two important channels through which China's imports affect the employment of listed manufacturing enterprises in import source countries.The growth of enterprise output scale would lead to a significant increase in the scale of enterprise employment,while the improvement of enterprise productivity would lead to a significant reduction in the scale of enterprise employment.However,the total effect is positive.The comparative advantage of each industry in the country of origin of imports has a significant moderating effect,the greater the comparative advantage of the industry where the enterprise is located,the greater the role of China's imports in the promotion of enterprise employment.(3)Considering both India's imports and China's imports,only China's imports significantly promote the the employment scale of enterprises in the import source country,which further proves that China's imports are an important driving force for the development of the world economy.This paper provides new material and theoretical basis for refuting the"China threat theory"and telling a good China story in the international arena.
NETL
NSTL
万方数据
