Share This Article:

Dynamic Changes of China’s Export Specialization

Abstract Full-Text HTML XML Download Download as PDF (Size:733KB) PP. 633-641
DOI: 10.4236/me.2015.65060    4,080 Downloads   5,548 Views   Citations
Author(s)    Leave a comment

ABSTRACT

This paper analyzes the dynamic changes of China’s export specialization during the period of 1987-2011. China’s exports have increased rapidly from 1.60 percent of the world market in 1987 to 10.31 percent in 2011. China’s export specialization has changed from labor-intensive goods to capital-intensive goods, and especially, has moved from low technology industries to high technology industries. The regression results show that even with the de-specialization pattern evident in all countries, China’s de-specialization tendency is stronger than that of advanced countries. This de-specialization can be attributed to China’s intra-industry trade and the quality improvement of China’s exporting goods.

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

Kim, T. and Meng, D. (2015) Dynamic Changes of China’s Export Specialization. Modern Economy, 6, 633-641. doi: 10.4236/me.2015.65060.

References

[1] Yue, C.J. (2001) Comparative Advantage, Exchange Rate and Exports in China. Paper Prepared for the International Conference on Chinese Economy, CERDI, France.
[2] Bender, S. and Li, K.-W. (2002) The Changing Trade and Revealed Comparative Advantages of Asian and Latin American Manufacture Exports. Economic Growth Center Discussion Paper, No. 843.
[3] Widodo, T. (2008) Shifts in Pattern of Specialization: Case Studies of India and China. Gadjah Mada International Journal of Business, 10, 47-75.
[4] Xing, Y.Q. (2007) Foreign Direct Investment and China’s Bilateral Intra-Industry Trade with Japan and the US. Journal of Asian Economics, 18, 685-700. http://dx.doi.org/10.1016/j.asieco.2007.03.011
[5] Helpman, E. and Krugman, P. (1985) Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition and the International Economy. MIT Press, Cambridge, MA.
[6] Grubel, H.G. and Lloyd, P.J. (1975) Intra-Industry Trade: The Theory and Measurement of International Trade in Differentiated Products. Macmillan Press, London.
[7] David, G. andMilner, C. (1986) The Economics of Intra-Industry Trade. Basil Blackwell, Cambridge, MA.
[8] OECD (2003) OECD Science, Technology and Industry Scoreboard, 2003: Annex 1.
[9] Balassa, B. (1965) Trade Liberalisation and Revealed Comparative Advantage. The Manchester School of Economics and Social Studies, 33, 92-124. http://dx.doi.org/10.1111/j.1467-9957.1965.tb00050.x
[10] Soete, L. and Verspagen, B. (1994) Competing for Growth: The Dynamics of Technology Gaps. In: Pasinetti, L.L. and Solow, R.M., Eds., Economic Growth and the Structure of Long-Term Development, MacMillan, London, 272-299.
[11] Laursen, K. (1998) Revealed Comparative Advantage and the Alternatives as Measures of International Specialisation. DRUID Working Paper No. 98-130.
[12] Laursen, K. (2000) Trade Specialisation, Technology and Economic Growth: Theory and Evidence from Advanced Countries. Edward Elgar, Cheltenham.
[13] Cantwell, J. (1989) Technological Innovation and Multinational Corporations. Basil Blackwell, Cambridge, MA.
[14] Hart, P.E. and Prais, S.J. (1956) The Analysis of Business Concentration: A Statistical Approach. Journal of the Royal Statistical Society, 119, 150-191. http://dx.doi.org/10.2307/2342882
[15] Dalum, B., Laursen, K. and Villumsen, G. (1998) Structural Change in OECD Export Specialisation Patterns: De-Specialisation and “Stickiness”. International Review of Applied Economics, 12, 423-443. http://dx.doi.org/10.1080/02692179800000017
[16] Finger, J.M. and Kreinin, M.E. (1979) Measure of Export Similarity and Its Possible Uses. Economic Journal, 89, 905-912. http://dx.doi.org/10.2307/2231506
[17] Schott, P. (2006) The Relative Sophistication of Chinese Exports. NBER Working Paper No. 12173, NBER, Cambridge, MA. http://dx.doi.org/10.3386/w12173

  
comments powered by Disqus

Copyright © 2020 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.