Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China&...Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China's comparative advantages from the perspective of value-added trade. Our research findings suggest that without taking into account heterogeneity in firm's sales destinations and trade patterns,China's RVAE will be overestimated. Conventional gross trade accounting underestimates the export competitiveness of China's labor-intensive and capital intensive sectors, but overestimates the export competitiveness of China's technology-intensive sectors,which leads to a significant reversal of comparative advantages. Conventional gross trade accounting method overestimates the trade surplus of China's manufacturing and technology-intensive sectors with the US by about 60% and 85% respectively.展开更多
Through an analysis of the effects of Guangdong on exports from other provinces, this paper examines China＇s interregional relationships regarding exports. We utilize provincial level data from 1998 to 2008 and apply...Through an analysis of the effects of Guangdong on exports from other provinces, this paper examines China＇s interregional relationships regarding exports. We utilize provincial level data from 1998 to 2008 and apply the system GMM to estimate an empirical model derived from the gravity equation. The results indicate that Guangdong significantly crowds out exports from other provinces. Coastal provinces are less affected than their non-coastal counterparts. In coastal areas, the displacement effect on the Yangtze River Delta is less than that on the Pan Bohai Rim. Further research reveals that the improvements in service industries, labor productivity, capital-labor ratio, and agglomeration of manufacturing industries have significantly reduced export competition. Additionally, a province with a larger market potential or a lower degree of market disintegration is less affected by Guangdong＇s export competition.展开更多
基金supported by the Youth Program of the National Social Sciences Fund of China(NSSFC)"Study on the Real Interest Distribution Pattern of China's Trade Surplus under the New System of International Division of Labor"(Grant No.12CJY083)Basic Scientific Research Funding and Backbone Talent Support Program for Key Disciplines of Central Universities(Nankai University)"Study on Industrial Agglomeration,Financing Constraint and the Export Behaviors of Chinese Enterprises"(Grant No.NKZXA1405)the Collaborative Innovation Center for the Socialist Economy with Chinese Characteristics of Nankai University and the Center for Asian Studies,Nankai University(Grant No.AS1607)
文摘Based on heterogeneity in firm's sales destinations and trade patterns, this paper estimates China's ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China's comparative advantages from the perspective of value-added trade. Our research findings suggest that without taking into account heterogeneity in firm's sales destinations and trade patterns,China's RVAE will be overestimated. Conventional gross trade accounting underestimates the export competitiveness of China's labor-intensive and capital intensive sectors, but overestimates the export competitiveness of China's technology-intensive sectors,which leads to a significant reversal of comparative advantages. Conventional gross trade accounting method overestimates the trade surplus of China's manufacturing and technology-intensive sectors with the US by about 60% and 85% respectively.
文摘Through an analysis of the effects of Guangdong on exports from other provinces, this paper examines China＇s interregional relationships regarding exports. We utilize provincial level data from 1998 to 2008 and apply the system GMM to estimate an empirical model derived from the gravity equation. The results indicate that Guangdong significantly crowds out exports from other provinces. Coastal provinces are less affected than their non-coastal counterparts. In coastal areas, the displacement effect on the Yangtze River Delta is less than that on the Pan Bohai Rim. Further research reveals that the improvements in service industries, labor productivity, capital-labor ratio, and agglomeration of manufacturing industries have significantly reduced export competition. Additionally, a province with a larger market potential or a lower degree of market disintegration is less affected by Guangdong＇s export competition.
