On the basis of measuring the bilateral trade costs between China and 86 trade partners and the aggregate trade costs from 2000 to 2013,this paper takes China’s vertical specialization reality into account,to do an e...On the basis of measuring the bilateral trade costs between China and 86 trade partners and the aggregate trade costs from 2000 to 2013,this paper takes China’s vertical specialization reality into account,to do an empirical study on the impact of China’s aggregate trade costs on comparative advantages and export share of 17 two-digit ISIC manufacturing industries,and to conduct these types of robust tests in order to eliminate endogeneity bias.The results show that China’s aggregate trade costs are declining,but it is still 1/3 higher than that of developed countries of 10 years ago;bilateral trade costs between China and some countries even rise instead;aggregate trade costs are the determinants,not only of‘global’and‘local’comparative advantages,but also of export share of China’s manufacturing products,and its effect is stronger in industries with higher trade cost intensity.Therefore,we should consider the product composition on trade cost intensity and domestic value-added value(DVAR),and reduce trade costs in order to promote the export of products with higher domestic value-added rate,and to realize the substantial transformation of foreign trade growth mode.展开更多
文摘On the basis of measuring the bilateral trade costs between China and 86 trade partners and the aggregate trade costs from 2000 to 2013,this paper takes China’s vertical specialization reality into account,to do an empirical study on the impact of China’s aggregate trade costs on comparative advantages and export share of 17 two-digit ISIC manufacturing industries,and to conduct these types of robust tests in order to eliminate endogeneity bias.The results show that China’s aggregate trade costs are declining,but it is still 1/3 higher than that of developed countries of 10 years ago;bilateral trade costs between China and some countries even rise instead;aggregate trade costs are the determinants,not only of‘global’and‘local’comparative advantages,but also of export share of China’s manufacturing products,and its effect is stronger in industries with higher trade cost intensity.Therefore,we should consider the product composition on trade cost intensity and domestic value-added value(DVAR),and reduce trade costs in order to promote the export of products with higher domestic value-added rate,and to realize the substantial transformation of foreign trade growth mode.
