Abstract:

This paper analyzes the effects of upgrade of technical sophistication and factor price distortion on firm's markup from three levels of technical sophistication. The results are as follows: Firstly, the markup of Chinese firm is very low. The higher the level of a firm's technical sophistication, the higher the level of its markup. Foreign firms' markup is higher than that of domestic firms. Secondly, the upgrade of technical sophistication does good to improving firms' markup. Factor price distortion has become the engine for high-and medium-tech firms to improve their markup, but its effects on low-tech firms is ambiguous. Thirdly enlarging the scale of low-tech firms has negative effects on the improvement of their markup of, but enlarging the scale of medium-and high-tech firms and improving the input and output efficiency will have positive effects. Besides, the effect of firm age on markup is U-shaped, and subsidy's effect on markup is very slight.

Key words: Upgrade of Technical Sophistication, Factor Price Distortion, Markup

摘要：

本文以2000~2007年持续经营企业为研究对象,从高中低技术复杂度三个层面揭示技术复杂度革新和要素价格扭曲对企业价格加成的作用机制。研究发现,中国企业的价格加成水平并不高,技术复杂度越高企业的价格加成水平越高,高中低技术复杂度企业价格加成水平提升速度均较慢;技术复杂度革新对企业价格加成水平具有显著的提升效应,要素价格扭曲对低技术内外资企业价格加成的作用力不显著,但其已成为中高技术复杂度企业价格加成水平提升的“助推型动力”;低技术复杂度企业规模扩大不利于价格加成水平的提升,而中高技术复杂度企业规模扩大则在一定程度上提升企业价格加成水平,企业经营年龄与价格加成的关系呈U型特征,补贴对企业价格加成的作用力“甚微”。

关键词: 技术复杂度革新, 要素价格扭曲, 价格加成