At present, the international economy continues growing slowly, and the foreign trade situation is not optimistic. In addition, domestic demand are strongly encouraged and expanded in China. Compared with a prosperous...At present, the international economy continues growing slowly, and the foreign trade situation is not optimistic. In addition, domestic demand are strongly encouraged and expanded in China. Compared with a prosperous domestic market, enterprises in the export processing zone have few advantages. Domestic sales have become an inevitable trend. It is also beneficial for the transformation and upgrading of export processing zone. However, it is quite difficult to open up the domestic market for export-oriented enterprises in the area. They will encounter many obstacles. The government and enterprises should take appropriate measures to facilitate the enterprise to turn export to domestic sales.展开更多
The global COVID-19 pandemic caused various economic contraction in most countries,including all of China’s major trading partners.Using a difference-in-differences model,this study examines the impact of the COVID-1...The global COVID-19 pandemic caused various economic contraction in most countries,including all of China’s major trading partners.Using a difference-in-differences model,this study examines the impact of the COVID-19 pandemic on China’s monthly exports from January 2019 to May 2020.We find strong and robust evidence that China’s exports to countries at high risk from the pandemic experienced a larger decline than exports to low-risk countries after the onset of the pandemic,with the prices of exports increasing significantly.Furthermore,the results of a triple differences model show heterogeneous effects across different industries and goods.Chinese industries located upstream in the global value chain are more vulnerable than those located downstream.Industries with high labor and contract intensity(proxies for processing trade)experienced greater declines than other industries.Exports of goods with high import elasticity of substitution experienced higher prices and moderate volume losses due to the pandemic.展开更多
In this paper we construct an extended non-competitive input-occupancy-output model that captures China's processing trade and also develop a methodology to estimate the domestic value-added and employment generated ...In this paper we construct an extended non-competitive input-occupancy-output model that captures China's processing trade and also develop a methodology to estimate the domestic value-added and employment generated by each unit of total exports, of exports by sector, and of exports by commodity, respectively. We also prove mathematically that the gross value of exports is equal to the sum of total value added and total imports. Based on the methodology proposed here, we compile the 2002 extended Chinese non-competitive input-occupancy-output table and the United States non-competitive input-occupancy- output table, and then estimate and analyze the effects of China's exports and US exports on their respective domestic value added and employment.展开更多
supported by the Taishan Scholar Construction Engineering by Shandong Government the National Natural Science Foundation of China under Grant Nos.61120106011 and 61203029
文摘At present, the international economy continues growing slowly, and the foreign trade situation is not optimistic. In addition, domestic demand are strongly encouraged and expanded in China. Compared with a prosperous domestic market, enterprises in the export processing zone have few advantages. Domestic sales have become an inevitable trend. It is also beneficial for the transformation and upgrading of export processing zone. However, it is quite difficult to open up the domestic market for export-oriented enterprises in the area. They will encounter many obstacles. The government and enterprises should take appropriate measures to facilitate the enterprise to turn export to domestic sales.
文摘The global COVID-19 pandemic caused various economic contraction in most countries,including all of China’s major trading partners.Using a difference-in-differences model,this study examines the impact of the COVID-19 pandemic on China’s monthly exports from January 2019 to May 2020.We find strong and robust evidence that China’s exports to countries at high risk from the pandemic experienced a larger decline than exports to low-risk countries after the onset of the pandemic,with the prices of exports increasing significantly.Furthermore,the results of a triple differences model show heterogeneous effects across different industries and goods.Chinese industries located upstream in the global value chain are more vulnerable than those located downstream.Industries with high labor and contract intensity(proxies for processing trade)experienced greater declines than other industries.Exports of goods with high import elasticity of substitution experienced higher prices and moderate volume losses due to the pandemic.
基金This is a translated version of the paper published in Chinese in Social Sciences in China (Zhongguo shehui kexue, 2007, no. 5, pp. 91-103), which has received the "Pei-Kang CHANG Development Economics Award" and "Sun Yefang Economics Award." The authors are grateful to Mr. Tung Chee- hwa, former President of Hong Kong SAR, Chinese University of Hong Kong and National Natural Science Foundation of China (No. 70810107020, 70871108, 60474063) for their financial support. The authors thank Dr Wang Zhi from US International Trade Commission, and anonymous referees for their useful comments. Usual claims are applied.
文摘In this paper we construct an extended non-competitive input-occupancy-output model that captures China's processing trade and also develop a methodology to estimate the domestic value-added and employment generated by each unit of total exports, of exports by sector, and of exports by commodity, respectively. We also prove mathematically that the gross value of exports is equal to the sum of total value added and total imports. Based on the methodology proposed here, we compile the 2002 extended Chinese non-competitive input-occupancy-output table and the United States non-competitive input-occupancy- output table, and then estimate and analyze the effects of China's exports and US exports on their respective domestic value added and employment.
基金supported by the National Natural Science Foundation of China under Grant Nos.71125005,70871108,and 70810107020Outstanding Talents Funds of Organization Department,Beijing Committee of CPC
文摘supported by the Taishan Scholar Construction Engineering by Shandong Government the National Natural Science Foundation of China under Grant Nos.61120106011 and 61203029