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Title	Processing trade, domestic and foreign firms, and the differential impact of the Great Recession: Evidence from Chinese customs data
Author	Roy, Devesh Tian, Xi
ORCID	http://orcid.org/0000-0003-4795-7240 Roy, Devesh
Publication Year	2019
Language	English
Record Type	Conference Paper
Abstract	Using firm-level transaction records from the proprietary Chinese Customs data we estimate differential impacts of the Great Recession (GR) of 2008-09 on exports of private domestic firms (PDFs) and foreign invested firms (FIFs). We exploit the longitudinal nature of the data spanning almost a decade (2003-2011), as well as product level details available in the customs data, to establish causal links. We identify processing trade intensity as one possible mechanism of the fall in exports due to the GR, as well as the slow recovery in its aftermath. Prior to the GR, the FIFs not only were more involved with processing trade compared to the PDFs but also accounted for the larger share of China’s exports. Subsequently, the firms with greater processing trade intensity suffered more due to the GR. We argue that processing trade of the FIFs captured the transmission of the negative demand shocks of the GR.
Source Publication	Presented at the ASSA Annual Meeting, in Hilton Atlanta, Atlanta, United States, January 4-6, 2019
DOI/WEB/URL	https://www.aeaweb.org/conference/2019/preliminary/paper/bFfKSiaF
Full citation	Roy, Devesh; and Tian, Xi. 2019. Processing trade, domestic and foreign firms, and the differential impact of the Great Recession: Evidence from Chinese customs data. Presented at the ASSA Annual Meeting, in Hilton Atlanta, Atlanta, United States, January 4-6, 2019. https://www.aeaweb.org/conference/2019/preliminary/paper/bFfKSiaF
IFPRI Descriptors	IFPRI5 CRP4
IFPRI Division	A4NH
Peer Reviewed - PR or Non-PR	Non-PR
Access Rights	Open Access
Subject - country location	CHINA EAST ASIA ASIA
Subject - keywords	processing trade foreign enterprises differential pricing
JEL Descriptors	F14 Empirical Studies of Trade F15 Economic Integration
Subject - author supplied keywords	domestic enterprises Great Recession Chinese exports processing trade
Times cited-- Google Scholar	https://scholar.google.com/scholar?hl=en&as_sdt=0%2C9&q=Processing+Trade%2C+Domestic+and+Foreign+Firms%2C+and+the+Differential+Impact+of+the+Great+Recession%3A+Evidence+from+Chinese+Customs+Data&btnG=
IFPRI Publication Ranking	Not ranked
CGIAR Research Program	CGIAR Research Program on Agriculture for Nutrition and Health (A4NH)
Requests	mailto:ifpri-library@cgiar.org
File size	37 Bytes
Record Type CG Core	Conference Paper
Date created	2019-11-21
Date modified	2019-12-17
OCLC number	1132416018
CONTENTdm number	6938

Processing trade, domestic and foreign firms, and the differential impact of the Great Recession: Evidence from Chinese customs data

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