IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v52y2017icp352-367.html
   My bibliography  Save this article

Trade barrier and misallocations: The case of the photovoltaic manufacturing industry in China

Author

Listed:
  • Chen, Yen-Po
  • Lai, Ting-Wei
  • Lee, Wen-Chieh
  • Li, Hao-Chung

Abstract

We measure resource misallocations among Chinese photovoltaic (PV) exporters before and after the EU imposed antidumping duties (ADs) and countervailing duties (CVDs) in 2011.We find that improvements in total factor productivity can be attributed to improvements in the production efficiency of state-owned enterprises (SOEs) and the convergent returns of labor and capital inputs between SOEs and non-state-owned enterprises (NSOEs) after 2011. Surprisingly, our results indicate that improvements in extensive-margin misallocations due to exiting zombie SOEs do not contribute substantially to improving industry-level production efficiency, and we conclude that reallocating inputs among existing firms is more important.

Suggested Citation

  • Chen, Yen-Po & Lai, Ting-Wei & Lee, Wen-Chieh & Li, Hao-Chung, 2017. "Trade barrier and misallocations: The case of the photovoltaic manufacturing industry in China," International Review of Economics & Finance, Elsevier, vol. 52(C), pages 352-367.
    • Handle: RePEc:eee:reveco:v:52:y:2017:i:c:p:352-367
    DOI: 10.1016/j.iref.2017.03.014
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056017302113
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iref.2017.03.014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yu, Chin-Hsien & Wu, Xiuqin & Lee, Wen-Chieh & Zhao, Jinsong, 2021. "Resource misallocation in the Chinese wind power industry: The role of feed-in tariff policy," Energy Economics, Elsevier, vol. 98(C).
    2. Wu, Xiuqin & Zhao, Jinsong & Zhang, Dayong & Lee, Wen-Chieh & Yu, Chin-Hsien, 2022. "Resource misallocation and the development of hydropower industry," Applied Energy, Elsevier, vol. 306(PA).
    3. Yu, Chin-Hsien & Zhao, Jinsong & Qin, Ping & Wang, Shinn-Shyr & Lee, Wen-Chieh, 2022. "Comparison of misallocation between the Chinese thermal power and hydropower electricity industries," Economic Modelling, Elsevier, vol. 116(C).
    4. Dai, Xiaoyong & Cheng, Liwei, 2019. "Aggregate productivity losses from factor misallocation across Chinese manufacturing firms," Economic Systems, Elsevier, vol. 43(1), pages 30-41.

    More about this item

    Keywords

    Antidumping duty; Countervailing duties; Photovoltaics industry; Resource misallocation; State-owned enterprises;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:52:y:2017:i:c:p:352-367. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.