Uncertainty and enterprise export recovery in China: Does the market integration matter?

ABSTRACT: Maintaining the stability of foreign trade in an uncertain environment is crucial to building a new development pattern. By combing through the existing literature, this paper analyzes the impact of economic policy uncertainty on enterprise export recovery from the perspective of market integration. Firstly, theoretical analysis shows that economic policy uncertainty is expected to attenuate enterprise export recovery levels by amplifying export transaction costs. Secondly, the escalation in market integration is anticipated to mitigate the attenuation above effect through the mechanism of "enhanced production efficiency", while simultaneously amplifying it through the mechanism of "intensified market competition". Based on the empirical test of China's micro-level data, it is found that t

SUBMITTER: Zhu X 

PROVIDER: S-EPMC11666279 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature