https://orcid.org/0000-0003-3833-4586
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ABSTRACT
In recent years, the financialization of enterprises has been increasing. The impact of financialization on exporters’ upgrading was studied in this article from a global value chain (GVC) perspective with the data of listed companies from 2007 to 2013. A remarkable negative impact is found from financialization on firms’ export upgrading in our paper. And it also provides helpful insights for enhancing export competitiveness.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Notes
1 The regional groupings mainly include Eastern provinces (Liao ning, Beijing, Shanghai, Tianjin, Hebei, JiangSu, Zhejiang, FuJian, Guangdong, Hainan), Central provinces (Jilin, Hei Longjiang, Inner Mongolia, Henan, Shanxi, Anhui, Hunan, Hubei, Jiangxi), and Western provinces (Sichuan, Yunnan, Guizhou, Tibet, Chongqing, Shaanxi, Qinghai, Xinjiang, Ningxia, GuiZhou,).