China’s Ministry of Commerce(MOFCOM)and the Ministry of Industry and Information Technology(MIIT)have designed a stress-test for China’s labor-intensive industries,
This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken sha...This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken shape in the aftermath of the global financial crisis in 2008.However,this paradigm has provincial heterogeneity in that industrial relocation varies across provinces.For instance,China’s central and western regions have shown differences while serving as destinations for labor-intensive industries and processing trade.This flying geese paradigm evolves in a slow and nonlinear manner,and may be subject to stagnation and even reversal.展开更多
Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the c...Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the case of China,andfinds that in the next 10 years,labor-intensive goods will still be able to maintain their comparative advantages in China.This finding has important implications for China’s future trade strategy and policy.展开更多
文摘China’s Ministry of Commerce(MOFCOM)and the Ministry of Industry and Information Technology(MIIT)have designed a stress-test for China’s labor-intensive industries,
文摘This paper examines China’s flying geese paradigm that serves as a key driver of a new pattern of the country’s economic development.Our results suggest that such a major power’s flying geese paradigm has taken shape in the aftermath of the global financial crisis in 2008.However,this paradigm has provincial heterogeneity in that industrial relocation varies across provinces.For instance,China’s central and western regions have shown differences while serving as destinations for labor-intensive industries and processing trade.This flying geese paradigm evolves in a slow and nonlinear manner,and may be subject to stagnation and even reversal.
文摘Thanks to the intensive empirical studies,a reverse U-shape relationship was established between the diversification ofexport goods and the per-capita level of GDP.According to this framework,this paper analyzes the case of China,andfinds that in the next 10 years,labor-intensive goods will still be able to maintain their comparative advantages in China.This finding has important implications for China’s future trade strategy and policy.