Technical Regulation on Supply Chain and Enterprise Export Product Quality
With the deepening of the global trade network and the evolution of trade patterns,the importance of the supply chain has become increasingly prominent.Supply chain has become a key factor in the high-quality development of enterprises,especially in terms of exporting high-quality products.This paper,from the perspective of intermediate goods imports,analyzes whether the technical regulation on the upstream supply chain impacts the quality of the final products exported by enterprises,aiming to explore the general laws of enterprise export behavior under supply chain shocks.Based on the new-new trade theory,this paper incorporates intermediate goods input into the determining equation of enterprise export product quality.It finds that technical regulation on supply chain can affect export product quality through two channels:intermediate goods input quality and intermediate goods input cost.These channels have opposite effects.In the empirical research,this paper uses China's technical barriers to trade(TBT)on intermediate goods imports as a quasi-natural experiment for studying the impact of technical regulation on the supply chain.By employing the difference-in-differences(DID)method and using export data from Chinese enterprises from 2000 to 2014,this paper finds that technical regulation on supply chains can lead to an increase in the quality of the final products exported by enterprises.From the perspective of the impact mechanism,this paper finds that on the one hand,technical regulation on supply chains leads to an increase in the quality of intermediate goods imported by enterprises,which enhances the quality of final products.On the other hand,the regulation does not significantly increase the cost of imported intermediate goods for enterprises because the compliance costs caused by technical regulation are absorbed by intermediate goods exporters and not passed on to intermediate goods prices.Further analysis reveals that the impact of technical regulation on supply chain on export product quality exhibits heterogeneity with changes in regulation categories and enterprise types.This heterogeneity stems from differences in regulatory effects generated by different categories of technical regulations and differences in sensitivity,elasticity,and quality transformation capabilities among different types of enterprises.These conclusions indicate that increasing regulatory requirements from the supply side is an effective way to improve product quality and competitiveness on the production side.Although there is a potential risk of trade distortion due to the high standard technical requirements imposed on the supply chain,the greater impact mainly lies in the substantive improvement of product quality on the supply side,and enterprises will benefit from the high standards and requirements on the upstream supply side.The possible contributions of this paper are as follows.Firstly,it examines the impact of supply chain shocks on enterprise export behavior from a novel perspective,exploring the general rules of how technological regulation on supply chain affects the quality of enterprises'export products.This enriches the research frontier in the"input and output"field from an international trade perspective.Secondly,it constructs an equilibrium model that incorporates the impact of intermediate goods trade within the supply chain.Combined with the new-new international trade theory,it outlines the complete impact chain of technical regulation on supply chain on the quality of export products of enterprises.Thirdly,in terms of research methods,this paper,for the first time,uses the technical trade barriers initiated by China on the import of intermediate goods as a quasi-natural experiment to study technical regulation on supply chain.This approach effectively alleviates the endogeneity interference caused by the strong reverse causality between supply chain participation behavior and output decision-making.
supply chaintechnical regulationexport product qualityimport of intermediate goods
NETL
NSTL
万方数据
