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Quality of newly imported products and business innovation(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2020年01期
Page:
27-39
Research Field:
国际经济与贸易
Publishing date:

Info

Title:
Quality of newly imported products and business innovation
Author(s):
CHEN Guifu; ZHAN Shan
Macroeconomics Research Center of School of Economics，Xiamen University，Xiamen 361005，Fujian，China
Keywords:
import trade; newly imported product; quality measurement and calculation; Customs database; OECD country; business innovation; enterprise heterogeneity
PACS:
F741.2
DOI:
-
Abstract:
In order to study the influence of the quality of newly imported products on China’s economy and the innovation of Chinese businesses, this paper measures and calculates the quality of the newly imported products and the existing imported products using the data from the Customs database in 2005 to 2013, and analyzes their change trends. Based on the Customs database and the matching data in China Industry Business Performance Data from 2005 to 2007, this paper constructs the regression equation of the influence of the quality of newly imported products on business innovation, empirically analyzes the influence, explores its mechanism and studies the relevant impacts under the condition of enterprise heterogeneity. The results show that the quality of newly imported products is in general higher than that of existing imported products with a higher growth rate. This conclusion holds no matter the products are classified as intermediate goods, capital goods or consumer goods, or whether the imports come from OECD countries or not. The improvement in the quality of newly imported products has a prominent promoting effect on business innovation, while the effect of the existing imported products on business innovation is not that significant. The quality of newly imported products can affect the new product innovation of businesses by stimulating their R&D input. The quality of newly imported products distinctly affects all types of businesses, but especially the export businesses, businesses in the East China, largescale businesses and foreigninvested businesses in a positive way. Businesses can learn and absorb foreign advanced technology by importing highquality new products. The government can continue to implement active trade policies, encourage businesses to gain experience in the import, and drive the independent innovation and technological advances in China.

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Last Update: 2020-03-26