| Today’s world is going through a significant transition that has not occurred in a century.In addition to the effects of the unusual COVID-19 outbreak,the design of the global industrial chain,supply chain,and value chain is experiencing significant difficulties,which has a significant impact on global import and export commerce as well as world economic growth.In particular,the export trade of Chinese enterprises is facing greater uncertainty in the environment of external shocks and counter globalization,which is highlighted by the dual constraints of weak international market demand and increased trade costs,which puts forward higher requirements for Chinese enterprises to maintain export resilience in the face of complex and changing external political and economic environment.Therefore,China has constantly introduced trade facilitation policies to stabilize foreign trade and promote exports to promoteThe focus of export growth has shifted from large-scale to high-quality.In addition,the export resilience of enterprises to a certain extent reflects whether enterprises can continue to maintain a high degree of stability and sustainable development in the face of major challenges.Especially in the stage of high-quality economic development in China,it is crucial for enterprises to maintain a high level of resilience and resilience in order to show sufficient resilience.Consequently,this study on the impact of trade facilitation on export resilience of enterprises provides theoretical support for policy formulation,and also provides practical basis and reference for enterprises to improve export resilience.The influence of trade facilitation on enhancing enterprises’ export resilience is examined in this paper from three angles theoretical analysis,empirical test,and case study.First of all,it combed the relevant research on trade facilitation and enterprise export resilience,combined with the classical theory and relevant literature to carry out the mechanism analysis of trade facilitation on enterprise export resilience,and put forward research assumptions.Next,determine and assess the features of China’s overall and interprovincial trade facilitation indexes,as well as the evolution of China’s export trade structure,trading mode,enterprise resilience,etc.After the measured trade facilitation level has been adjusted to the enterprise level,the relationship between trade facilitation and an enterprise’s export resilience is empirically examined using the fixed effect model and proportional risk regression model.In addition,the robustness of the results can be ensured by changing variables,sample data,introducing tool variables and other methods.On this basis,we test the heterogeneity of sample data from the aspects of enterprise nature,factor intensity,export mode,etc.Based on the theoretical mechanism proposed in the paper,the paper conducts an expansion study,and tests the intermediary mechanism from three aspects: export cost saving effect,production efficiency enhancing effect and product quality improving effect.Finally,through the case study of BYD,the paper analyzes the specific role of trade facilitation reform on the export resilience of enterprises,and analyzes the role path of trade facilitation reform measures in Shenzhen in recent years to improve BYD’s export resilience by acting on BYD’s production efficiency,export scale,R&D investment and other aspects.This paper makes the following conclusions using theoretical,empirical,and case study research.(1)Businesses in regions with better trade facilitation levels can recover to the export level before the effect at a faster rate during the post-crisis export recovery period,demonstrating a faster export recovery speed.(2)The impact of trade facilitation on the export resilience of various business categories varies.Capitalintensive businesses benefit the most from increased trade facilitation,whereas comparatively labor-intensive businesses are more likely to be inhibited.While processing trade businesses are generally less impacted,the enhancement of trade facilitation can increase the export resilience of general trade businesses.The favorable impact on state-owned businesses is also noticeably larger than that on non-state-owned businesses.(3)The improvement of trade facilitation encourages the improvement of export product quality and productivity efficiency of enterprises,so that enterprises can improve export scale and global value chain status through self selection effect.The improvement of trade facilitation can significantly lower the export cost of enterprises and enable enterprises to gain more competitive advantages in the export market.As a result,the degree of trade facilitation has encouraged businesses’ export resilience.Based on the research results of this paper,this paper puts forward the following suggestions: comprehensively improve the level of trade facilitation in China,and alleviate the imbalance in the development of facilitation in various provinces.To accelerate the construction of trade facilitation,we should especially play the role of "single window",improve the efficiency of customs clearance and optimize the whole chain.In the face of many uncertain risks in the world trade market,relevant departments should improve laws and regulations and improve the early warning mechanism.Enterprises should adjust the export structure according to the policy direction and in good time,strive to maximize the advantages of trade facilitation policies,and cultivate a broader overseas export market.At the same time,it is necessary to increase R&D investment and enterprise innovation efficiency,improve the core competitiveness of enterprises and the position of global value chain,so as to maintain enterprise export resilience and enhance enterprise export vitality. |
