经济系马弘合作论文被国际顶级学术期刊《国际经济学杂志》( Journal of International Economics)接受
马弘, Xue Bai, and Kala Krishna, “How Do You Export Matters: Choice of Export Modes and the Evolution of Productivity”, Journal of International Economics, vol. 104(1): 122-137, 2017
This paper shows that how firms export (directly or indirectly via intermediaries) matters. We develop and estimate a dynamic discrete choice model that allows learning-by-exporting on the cost and demand side as well as sunk/fixed costs to differ by export mode. We find that demand and productivity evolve more favor- ably under direct exporting, though the fixed/sunk costs of this option are higher. Our results suggest that had China not liberalized its direct trading rights when it joined the WTO, its exports and export participation would have been 26 and 33 percent lower respectively.