【摘要】 使用投入产出模型，利用冲击法测度出中国半导体企业受美国影响的全球供应链进口侧风险敞口，并探讨了这一风险敞口与中国半导体企业经营绩效之间的关系。研究发现：中国半导体企业受美国影响的全球供应链进口侧风险敞口的提高会显著降低中国半导体企业的利润水平，降低了企业经营绩效。其影响路径主要为降低中国半导体企业的营业收入和库存效率。研究为中国半导体企业有效应对外部供应冲击，提高自身经营绩效，高水平融入全球供应链提供了有益的理论与实践支撑。更多还原

【Abstract】 This paper uses the input-output model to measure the risk exposure of Chinese semiconductor companies to the import side of the global supply chain affected by the United States using the shock, and discusses the relationship between this risk exposure and the business performance of Chinese semiconductor companies. It is found that the increase in the risk exposure of Chinese semiconductor companies to the import side of the global supply chain affected by the United States will significantly reduce the profit level of Chinese semiconductor companies and reduce their business performance. Its impact path is mainly to reduce the operating income and inventory efficiency of Chinese semiconductor companies.更多还原