摘要
本文基于新结构经济学视角,放松企业自生能力这一新古典主义的经典假设,构建了一个将企业技术选择纳入目标函数的随机规划模型,发现企业自生能力理论可以解释企业存活的差异。利用1998—2013年中国工业企业数据库,本文详细描述了企业存活的特征、分布以及动态演进趋势,并进行了生存分析。实证结果表明,缺乏自生能力的企业存活时间更短。该结论通过了离散时间模型的稳健性检验,分地区、所有制、出口和补贴情况的异质性分析以及经倾向得分匹配后的生存时间模型的回归。这一研究为进一步推进市场化改革的政策讨论提供了理论和经验支持。
Based on the perspective of new structural economics,this paper relaxes the classic neoclassical hypothesis of enterprise viability,constructs a stochastic programming model with the technological choice included in the objective function,and finds that the theory of corporate viability can explain the difference of firm survival behavior.Apart from that,the characteristics,distribution,dynamic evolution trend of firm survival which also includes survival analysis are described in detail by using the Annual Survey of Industrial Firms dataset covering the period between 1998 to 2013.The empirical analysis shows that the firms lacking viability are more likely to have shorter survival duration.The results have passed the robustness test at discrete-time level,the heterogeneity analysis of different regions,ownership,export and subsidies,as well as the survival analysis regression after matching the propensity score.This study provides theoretical and empirical support for further promoting the policy discussion of market-oriented reforms.
作者
吴清扬
姜磊
Wu Qingyang;Jiang Lei(Institute of Economics,Tsinghua University;School of Economics,Nankai University;Research Center for New Structural Economics,Nankai University)
出处
《经济评论》
CSSCI
北大核心
2021年第4期96-113,共18页
Economic Review
基金
国家自然科学基金面上项目“新时代下地方政府债务风险的理论审视、量化评估及监管战略体系研究”(项目编号:71973069)
天津社科规划项目“二元经济条件下的要素收入分配、经济增长与对外贸易失衡研究”(项目编号:TJLJ16-001)
教育部人文社科项目“二元经济条件下的要素收入分配
经济增长与对外贸易失衡研究”(项目编号:17YJA790034)的资助。
关键词
工业企业
自生能力
存活时间
新结构经济学
生存分析
Industrial Firm
Viability
Survival Duration
New Structural Economics
Survival Analysis
