CAJ | 학술논문

本文从微观角度研究中国企业生产率及国际化模式选择是否符合新新贸易理论。在匹配《境外投资企业（机构）名录》与工业企业数据库的基础上，借助一阶随机占优的Kolmogorov-smirnov非参数检验，发现对外投资企业、出口企业和非出口企业间的生产率关系并不完全符合新新贸易理论，出口企业存在“生产率悖论”。随后，本文基于多元Logit回归模型分析企业生产率对国际化模式选择的影响，全样本回归结果显示，企业生产率有效地促进了企业对外投资，但不利于企业出口，并进一步从出口密度视角为出口企业的“生产率悖论”问题进行解释及验证。
본문종미관각도연구중국기업생산솔급국제화모식선택시부부합신신무역이론。재필배《경외투자기업（궤구）명록》여공업기업수거고적기출상，차조일계수궤점우적Kolmogorov-smirnov비삼수검험，발현대외투자기업、출구기업화비출구기업간적생산솔관계병불완전부합신신무역이론，출구기업존재“생산솔패론”。수후，본문기우다원Logit회귀모형분석기업생산솔대국제화모식선택적영향，전양본회귀결과현시，기업생산솔유효지촉진료기업대외투자，단불리우기업출구，병진일보종출구밀도시각위출구기업적“생산솔패론”문제진행해석급험증。
This paper studies whether firms＇ productivity and internationaliza- tion mode choices in China comply with the new trade theory. Using the matched data of the catalog of foreign investment enterprises and industrial enter- prises, and through first- order random dominant Kolmogorov- Smirnov nonpara- metric test, this paper finds that productivities of foreign investment enterprises, export enterprises and non- export enterprises are not completely in line with the new trade theory. There is a “productivity paradox” for export enterprises. Then, based on the multivariate logit regression model, the paper studies the im- pact of productivity on enterprise internationalization mode and finds that produc- tivity is an important promoting factor for enterprises to invest abroad, but it is not conducive to export enterprises. Further, this paper explains and verifies the “productivity paradox”of export enterprises from the perspective of export density.