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- W2364351650 abstract "This paper estimated the relative distortions of the factors,including the capital,labor and intermediate inputs market,based on the firm-level data from 1999 to 2007 and examined whether these distortions could be the reason of the unique cost advantage of Chinese firms export.The empirical results showed there existed serious factor price distortions of Chinese manufacturing firms and the different factors had different extent of price distortions.Labor price distortion widely existed,where economy developed at the expense of labor marketization.The state-owned firms had lower capital price while the private firms had relative higher capital price.The related industries of energy firm,raw materials firm and foreign enterprises had low intermediate inputs prices.Factor market distortions played a role in promoting firms export orientation and enterprises would transfer a cost advantage to an export advantage.This conclusion suggested that the low factor price of the Chinese products was the reason of competitiveness in the international market." @default.
- W2364351650 created "2016-06-24" @default.
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- W2364351650 date "2013-01-01" @default.
- W2364351650 modified "2023-09-26" @default.
- W2364351650 title "THE EXPORT OF CHINESE FIRMS AND MULTI-FACTOR DISTORTIONS" @default.
- W2364351650 hasPublicationYear "2013" @default.
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