Lu Xiaotong | Can the Stable Customer-Supplier Relationship Prolong the Duration of Enterprises' Exp
Recently,Initiated by the Center for International Finance and Economics Research (CIFER) of Tsinghua University's PBC School of Finance, hosted by Liaoning University, and co-organized by the Center for International Finance and Economics Research (CIFER) and the School of Finance and Trade of Liaoning University, this event..."2023 International Trade Disputes and Globalization Restructuring Academic Symposium"The meeting was successfully held.
Doctoral student at Dongbei University of Finance and EconomicsLu XiaotongAttendees included a professor from the University of International Business and Economics and a researcher at CIFER.Yu XindingHostSub-forum 4: Global Value ChainSharing with collaborators a titled "Can stable customer-supplier relationships extend the duration of a company's exports?》。
Lu Xiaotong,A doctoral student in World Economics at Dongbei University of Finance and Economics, supervised by Professor Su Hang. Main research areas include external shocks and firm trade behavior, firm supply chain configuration, and supply chain resilience. Has published one paper in a CSSCI-indexed journal and participated in the National Social Science Fund projects “Research on the Networked Development and Value Chain Upgrading of my country's Manufacturing Industry under the ‘Belt and Road’ Initiative” and “Research on Sino-US Technological Competition and the Security Development of China's High-Tech Supply Chain.”
Lu Xiaotong
When introducing the article, Lu Xiaotong said,This paper, from the perspective of supply chain linkages, studies the impact and mechanism of stable customer-supplier relationships on the duration of firm exports. The study finds that stable customer-supplier relationships extend the duration of firm exports, playing a role in "stabilizing exports." Furthermore, the magnitude of this effect varies depending on the nature of the firm, the type of supplier, and the types of exported products. Mechanism testing shows that the extension of firm export duration by stable customer-supplier relationships is mainly achieved through three channels: easing financing constraints, enhancing innovation capabilities, and improving inventory management efficiency. Further research reveals that, given the widespread information asymmetry faced by firms, stable customer-supplier relationships can reduce the level of information asymmetry and extend the duration of firm exports. Moreover, this stable relationship not only contributes to "stabilizing exports" but also promotes "steady progress" and "steady quality improvement" in exports. This paper reveals the "stabilizing export" role of stable customer-supplier relationships from the perspective of supply chain linkages, providing a theoretical basis and policy implications for further building stable supply and demand relationships, smoothing domestic circulation, and ultimately promoting the stable and smooth operation of international circulation.
Lang Kun
Lang Kun, a postdoctoral fellow at Tsinghua UniversityAfter a brief review of the article, Lang Kun stated that it is a highly standardized academic paper with extremely comprehensive content. He pointed out that the article could consider extending the data window, given that it currently does not cover the impact of factors such as the US-China trade friction, the COVID-19 pandemic, and the Russia-Ukraine conflict since 2017. For example, he suggested using a phased regression approach to supplement the relevant data. Lang Kun then recommended adding the variable of economic policy uncertainty to the article, adding new conclusions to the existing framework. At the same time, Lang Kun believed that some of the article's wording could be further refined and revised.