It is widely accepted that China has been experiencing an export-led growth approach. However, the question whether government can reshape industry structure through production subsidies to enhance export performance has not been answered. This paper analyses the impact of production subsidies...

This paper presents tests for the structural parameters of a censored regression model with endogenous explanatory variables. These tests have the correct size even when the identification condition for the structural parameter is invalid. My approach starts from the estimation of the...

Using a rich panel data set, we provide a rigorous analysis of the relationship between access to external finance, foreign direct investment and the exports of private enterprises in China. We conclude that, in order to foster the exports of indigenous enterprises, the elimination of financial...