How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese
This paper discusses the impact of trade policy uncertainty (TPU) on innovative behavior in export-oriented enterprises using data of nonfinancial Chinese A-share listed companies from 2007 to 2021. TPU index is constructed using a tariff measurement method and a text mining method after China’s acc...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2025-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/ddns/8838618 |
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| _version_ | 1849314439204962304 |
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| author | Pei Xu Zehu Jin Xianghua Wu |
| author_facet | Pei Xu Zehu Jin Xianghua Wu |
| author_sort | Pei Xu |
| collection | DOAJ |
| description | This paper discusses the impact of trade policy uncertainty (TPU) on innovative behavior in export-oriented enterprises using data of nonfinancial Chinese A-share listed companies from 2007 to 2021. TPU index is constructed using a tariff measurement method and a text mining method after China’s accession to the WTO. The findings reveal that (1) the decrease in TPU promotes export-oriented enterprises’ innovative input and output, and the positive effect is even more pronounced in eastern export-oriented enterprises, general trade enterprises, and enterprises whose export destination is the high-income countries. (2) For analyzing the transmission mechanism, it is found that the export scale, the financing restriction, and the digital transformation play positive intermediary roles, respectively, in the innovative behavior. The conclusions provide not only theoretical support to cope with TPU but also decision-making reference on improving the innovative performance of export-oriented enterprises. |
| format | Article |
| id | doaj-art-98342507dc424ffa92df77ab0e751fc3 |
| institution | Kabale University |
| issn | 1607-887X |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-98342507dc424ffa92df77ab0e751fc32025-08-20T03:52:28ZengWileyDiscrete Dynamics in Nature and Society1607-887X2025-01-01202510.1155/ddns/8838618How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of ChinesePei Xu0Zehu Jin1Xianghua Wu2Department of Construction CostDepartment of International Economics and TradeDepartment of Construction Management and Real EstateThis paper discusses the impact of trade policy uncertainty (TPU) on innovative behavior in export-oriented enterprises using data of nonfinancial Chinese A-share listed companies from 2007 to 2021. TPU index is constructed using a tariff measurement method and a text mining method after China’s accession to the WTO. The findings reveal that (1) the decrease in TPU promotes export-oriented enterprises’ innovative input and output, and the positive effect is even more pronounced in eastern export-oriented enterprises, general trade enterprises, and enterprises whose export destination is the high-income countries. (2) For analyzing the transmission mechanism, it is found that the export scale, the financing restriction, and the digital transformation play positive intermediary roles, respectively, in the innovative behavior. The conclusions provide not only theoretical support to cope with TPU but also decision-making reference on improving the innovative performance of export-oriented enterprises.http://dx.doi.org/10.1155/ddns/8838618 |
| spellingShingle | Pei Xu Zehu Jin Xianghua Wu How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese Discrete Dynamics in Nature and Society |
| title | How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese |
| title_full | How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese |
| title_fullStr | How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese |
| title_full_unstemmed | How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese |
| title_short | How Does Trade Policy Uncertainty Affects Innovative Behavior in Export-Oriented Enterprise: Evidence From Listed Export Companies of Chinese |
| title_sort | how does trade policy uncertainty affects innovative behavior in export oriented enterprise evidence from listed export companies of chinese |
| url | http://dx.doi.org/10.1155/ddns/8838618 |
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