The size distribution of exporting and non‐exporting firms in a panel of Chinese provinces |
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Authors: | Guohua Peng Fan Xia |
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Affiliation: | College of Economics, Jinan University, Guangzhou, Guangdong, China |
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Abstract: | This paper studies the size distribution of exporting and non‐exporting firms in a panel of Chinese provinces. The power law exponents of exporting firms are significantly less than those of non‐exporting firms. The average power law exponents fell from 0.74 in 1998 to 0.64 in 2007 for exporting firms, and from 1.03 in 1998 to 0.83 in 2007 for non‐exporting firms. Further analysis showed that credit constraints have a significant negative effect on the exponents of the size distribution of exporting firms, suggesting that smaller firms are more credit‐constrained than larger firms. |
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Keywords: | C13 F10 L11 Heterogeneous exporting firms size distribution power laws credit constraints China |
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