The Impact Of Financial Technology On The Quality Of Export Products

Authors

  • Yiyuan Cheng Foshan University, School of Economics, Foshan, China Author
  • Qiuqi Wu Foshan University, School of Economics, Foshan, China Author

DOI:

https://doi.org/10.63313/EBM.9030

Keywords:

Digital Economy, Value-Added Tax, Horizontal Tax Distribution, Tax System Optimization, Regional Economic Balance, Policy Recommendations

Abstract

In recent years, with the continuous advancement of the process of global economic integration, international trade has become more frequent and com-plex, and the global trade pattern has been accelerated to restructure, and the quality of export products has become the core competitiveness of countries to compete for international market share. Although China's total export has been ranked first in the world for several years, the problems of low added value and insufficient technical content of export products still restrict international competitiveness. At the same time, developed countries have raised the quality threshold of the international market by means of "carbon tariffs", complex technical standards and certifications, and seriously impacted China's export industry.

Under the dual background of global value chain reconstruction and China's export transformation and upgrading, this study empirically examines the im-pact mechanism of fintech on the quality of export products, as well as regional differences and threshold effects, based on China's provincial panel data from 2011 to 2023. The research results show that fintech can significantly improve the quality of export products through multiple channels: (1) Fintech provides strong support for technology research and development and product upgrading by improving the innovation ability of enterprises, thus promoting the export of high-tech and high value-added products; (2) By optimizing the efficiency of resource allocation, financial technology enables capital, technology and human resources to flow efficiently to the key fields of export product production, and improves the overall production efficiency and product quality

References

[1] Kere S.,Zongo A. Digital Technologies and Intra-African Trade[J]. International Econom-ics,2023,173:359-83.

[2] Liu Y., Mao J.. How Do Tax Incentives Affect Investment and Productivity? Firm-level Evi-dence from China[J].American Economic Journal:Economy Policy, 2019, 11(3):261-291.

[3] Crino R,Ogliari L. Financial Imperfections,Product Quality,and International Trade[J]. Journal of International E-conomics,2017.104( 1) : 63-84.

[4] Schott P K. Across-product versus within-product specialization in international trade[J]. The Quarterly Journal of Economics,2004, 119(2): 647-678.

[5] Fontagne L, Gaulier G, Zignago S. Specialization across varieties and North South competi-tion[J]. Economic policy, 2008, 23(53): 52-91.

[6] Michaely, Michael. "Exports and growth: an empirical investigation."[J]. Journal of devel-opment economics,1977,4: 49-53.

[7] Khandelwal A K, Schott P K and Wei S.Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters[J], American Economic Review, 2013, 103(6): 2169-2195.

[8] Hallak J C, Schott P K. Estimating cross-country differences in product quality[J]. The Quarterly Journal of Economics,2011, 126(1): 417-474.

[9] Fontagne L, Gaulier G, Zignago S. Specialization across varieties and North South competi-tion[J]. Economic policy, 2008, 23(53): 52-91.

[10] Hallak J C, Schott P K. Estimating cross-country differences in product quality[J]. The Quarterly Journal of Economics,2011, 126(1): 417-474.

[11] Hallak J C,Sivadasan J.Product and Process Productivity:Implications for Quality Choice and Conditional Exporter Premia[J].Journal of International Economics,2013,91(1):53-67.

[12] Azhar, A., Elliott, R. On the Measurement of Product Quality in Intra-Industry Trade[J]. Rev World Econ. 2006, 142(04): 476–495.

[13] Hallak, 1.c., Product Quality and the Direction of Trade.Journal of International Econom-ics[J],2006, 68.238-265.

[14] Ripberger,J.T.,“Capturing Curiosity:Using Internet Search Trends to Measure Public Atten-tiveness”,Policy Studies Journal[J],2011,39(2),pp.239-259.

Downloads

Published

2025-03-25

How to Cite

The Impact Of Financial Technology On The Quality Of Export Products. (2025). Economics & Business Management, 1(1), 328-337. https://doi.org/10.63313/EBM.9030