This paper theoretically analyzes the lock-in mechanism of labor division for developing countries when they stick to static comparative advantages and the internal mechanism of cultivating dynamic comparative advanta...This paper theoretically analyzes the lock-in mechanism of labor division for developing countries when they stick to static comparative advantages and the internal mechanism of cultivating dynamic comparative advantages. Through empirical analysis, this paper finds that China, while sharing the benefits of globalization, showcases the lock-in effect regarding its status in the international labor division chain. The analysis finds that in its participation in globalization, the net barter terms of trade ~BTT） and factorial terms of trade for China are deteriorating, and the income terms of trade are seriously overvalued, resulting in a series of contradictions, such as scanty returns for enterprises, slow income growth, increasing trade frictions, and intensified environmental and resource pressures. The paper analyzes rapidly changing factors in China＇s comparative advantages and characteristics of the changes in industries where China possesses comparative advantages. According to changes in different types of industries at different stages, this paper puts forward suggestions on direction and policies for cultivating dynamic comparative advantages.展开更多
文摘This paper theoretically analyzes the lock-in mechanism of labor division for developing countries when they stick to static comparative advantages and the internal mechanism of cultivating dynamic comparative advantages. Through empirical analysis, this paper finds that China, while sharing the benefits of globalization, showcases the lock-in effect regarding its status in the international labor division chain. The analysis finds that in its participation in globalization, the net barter terms of trade ~BTT） and factorial terms of trade for China are deteriorating, and the income terms of trade are seriously overvalued, resulting in a series of contradictions, such as scanty returns for enterprises, slow income growth, increasing trade frictions, and intensified environmental and resource pressures. The paper analyzes rapidly changing factors in China＇s comparative advantages and characteristics of the changes in industries where China possesses comparative advantages. According to changes in different types of industries at different stages, this paper puts forward suggestions on direction and policies for cultivating dynamic comparative advantages.
