As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of ...As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of carbon emissions has drawn wide attention from the international community, necessitating the comparison of the trade benefits and environmental costs of the BRICS participation in GVCS. Based on the Eora database, this paper constructs a decomposition framework for the calculation of export value-added and embodied carbon, based on a multi-region input-output (MRIO) model. The trade benefits and environmental costs paid by the BRICS’ total exports from 1990 to 2015 were measured and the imbalance was analyzed, along with the causes. The results show that the main value-added and carbon embodied in the BRICS’ exports originate from their own countries, and the domestic value-added content of the BRICS’ exports decreased while the foreign value-added content increased.展开更多
By applying stochastic frontier analysis,and replacing total export with value added in exports as a more accurate measure of domestic content embodied in exports,we estimate the trade efficiency between China and EU ...By applying stochastic frontier analysis,and replacing total export with value added in exports as a more accurate measure of domestic content embodied in exports,we estimate the trade efficiency between China and EU countries and analyze the determinant factors.The results show that the value added in trade between China and EU countries is running at a low level of efficiency,and the trade efficiency has an obvious imbalance between export and import.Our calculation of unexplored trade potential indicates that western EU countries,such as France,Germany,Italy,and Spain together are China 5 top trading partner with the highest unexploited trade potential.Based on the principal component analysis of 14 trading-related variables,trade efficiency determinant results show that the tangible trade infrastructures of both exporter and importer matters most,including airports,container shipping,Internet,and broadband infrastructures.Meanwhile,intangible trade infrastructures,including customs procedures and domestic business environments,has a significant,but smaller influence on trade efficiency.Our important findings shed light on practical trade policymaking to encourage Sino-EU trade collaboration.展开更多
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As the international trading system has developed with the division of Global value Chains (GVCS), the export trade of Brazil, Russia, India, China, and South Africa (BRICS) has grown rapidly. The resulting growth of carbon emissions has drawn wide attention from the international community, necessitating the comparison of the trade benefits and environmental costs of the BRICS participation in GVCS. Based on the Eora database, this paper constructs a decomposition framework for the calculation of export value-added and embodied carbon, based on a multi-region input-output (MRIO) model. The trade benefits and environmental costs paid by the BRICS’ total exports from 1990 to 2015 were measured and the imbalance was analyzed, along with the causes. The results show that the main value-added and carbon embodied in the BRICS’ exports originate from their own countries, and the domestic value-added content of the BRICS’ exports decreased while the foreign value-added content increased.
基金This research was supported financially by the National and Regional Research Projects of Chinese Education Ministry(No.2020-G56)the Humanities and Social Sciences Funding of Wuhan University(No.2020SK033)+1 种基金the Youth Academic Team Project in Humanities and Social Sciences of Wuhan University(No.4103-413100001)the Fundamental Research Funds for the Central Universities(No.2662021JGQD007).
文摘By applying stochastic frontier analysis,and replacing total export with value added in exports as a more accurate measure of domestic content embodied in exports,we estimate the trade efficiency between China and EU countries and analyze the determinant factors.The results show that the value added in trade between China and EU countries is running at a low level of efficiency,and the trade efficiency has an obvious imbalance between export and import.Our calculation of unexplored trade potential indicates that western EU countries,such as France,Germany,Italy,and Spain together are China 5 top trading partner with the highest unexploited trade potential.Based on the principal component analysis of 14 trading-related variables,trade efficiency determinant results show that the tangible trade infrastructures of both exporter and importer matters most,including airports,container shipping,Internet,and broadband infrastructures.Meanwhile,intangible trade infrastructures,including customs procedures and domestic business environments,has a significant,but smaller influence on trade efficiency.Our important findings shed light on practical trade policymaking to encourage Sino-EU trade collaboration.
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.
