我国企业内外源融资约束影响出口生存率的实证研究：2000-2013

Based on the matching data of China\'s industrial enterprises data and China\'s customs export data from 2000 to 2013, this paper uses the binary discrete model to study the impact of financing constraints on the survival rate of China\'s export enterprises. The results show that the mitigation of financing constraints can improve the survival rate of China\'s export enterprises; further distinguish between different ownership systems, different trade types, continuous exports and intermittent export enterprises for sample regression, and find that private enterprises\' commercial credit and endogenous financing survive for export. The rate has a significant improvement effect. The internal and external financing of foreign-funded enterprises and the external financing of state-owned enterprises will promote the improvement of their export survival rate. The reason for the continuous export and intermittent export financing of enterprises is whether the internal liquidity of enterprises is sufficient. Further testing the mechanism using the mediation effect model confirms that the financing constraint affects the survival rate of export enterprises through the two transmission paths of total factor productivity and export product quality.