监管异质性与全球价值链参与  

Regulatory Heterogeneity and Global Value Chain Participation

作　　者：钱学锋[1,2] 杨婷婷[2] 王京文 QIAN Xuefeng;YANG Tingting;WANG Jingwen(Zhongnan University of Economics and Law,430073)

机构地区：[1]中南财经政法大学教务部,430073 [2]中南财经政法大学工商管理学院,430073

出　　处：《财贸经济》2024年第9期125-142,共18页Finance & Trade Economics

基　　金：国家社会科学基金重大项目“全球价值链背景下国际贸易政策体系调整与中国应对策略研究”(21&ZD083)。

摘　　要：在全球价值链时代,参与到全球生产和供应网络中的国家不断增加,国家间的监管异质性成为抑制全球价值链贸易持续发展和各国全球价值链参与的重要因素。本文利用非关税措施的实施结构差异,构建国家对-部门-年份层面的监管距离指标,以衡量国家间监管异质性。实证分析发现,1995一2018年国家间监管异质性阻碍了全球价值链后向参与,但能够促进前向参与。监管异质性对全球价值链后向参与的抑制作用覆盖了不同收入水平国家和商品贸易部门,但监管异质性对全球价值链前向参与的促进作用仅体现在中等收入国家和非制造业部门,换言之,其对高等收入国家和制造业部门仍然起抑制作用。这说明在全球价值链时代,监管异质性的影响是全局性的,推进监管一致性目标实现应当成为新一轮贸易自由化的重点方向。此外,本文发现监管异质性通过提高通关成本和降低制度质量阻碍了全球价值链参与。研究结果在控制内生性、更换指标测度方式和提取间隔期等稳健性检验中均保持一致。In the era of global value chains(GVCs),the number of countries participating in the global production and supply network is increasing,and the regulatory heterogeneity among countries has become an important factor inhibiting the sustainable development and improvement of GvCs.Specifically,this paper uses the differences in the implementation structure of non-tariff measures(NTMs)to construct a bilateral-sector regulatory distance index to measure inter-country regulatory heterogeneity.This paper uses the 2SLS method to empirically analyze the impact of regulatory heterogeneity on GVC participation.Empirical analysis found that regulatory heterogeneity can hinder backward participation,but promote forward participation in GVCs.From the perspective of influencing channels,regulatory heterogeneity has an impact on GVC participation by increasing cross-border trade costs and lowering the governance quality.In theory,this paper is a supplement to existing literature.This paper simultaneously analyzes the impact of regulatory heterogeneity on both forward and backward participation,and analyzes the mechanism of regulatory heterogeneity from the perspectives of regulatory“demand side”and“supply side.”In addition,this paper also divides the sources of regulatory heterogeneity,further clarifying the differences in the impact of regulatory heterogeneity from different sources.In practice,given that China is still in the downstream of GVCs and the global production division has stagnated in recent years,this paper sheds light on how China can better integrate into GVCs and ensure supply chain stability from the perspective of regulatory heterogeneity.This paper emphasizes reducing regulatory heterogeneity between countries,promoting regulatory integration,and achieving regulatory consistency,which has great practical significance for China to promote institutional opening-up.This paper advances existing literature in three key ways.First,as to data indicators,this paper compares and clusters the HS product codes a

关 键 词：监管异质性 全球价值链参与 通关成本 制度质量 

分 类 号：F740[经济管理—国际贸易]