Changing Comparative Advantages In China
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Changing Comparative Advantages In China
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Author : Kym Anderson
language : en
Publisher: Paris, France : Development Centre of the Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre
Release Date : 1990
Changing Comparative Advantages In China written by Kym Anderson and has been published by Paris, France : Development Centre of the Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Agriculture categories.
China S Trade Patterns And International Comparative Advantage
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Author : X. Zhang
language : en
Publisher: Springer
Release Date : 1999-11-19
China S Trade Patterns And International Comparative Advantage written by X. Zhang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-11-19 with Business & Economics categories.
This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over the entire reform period.
The Global Welfare Impact Of China
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Author : Mr.Julian Di Giovanni
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-01
The Global Welfare Impact Of China written by Mr.Julian Di Giovanni and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with Business & Economics categories.
This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a "balanced" one in which China's productivity grows at the same rate in each sector, and an "unbalanced" one in which China's comparative disadvantage sectors catch up disproportionately faster to the world productivity frontier. Contrary to a well-known conjecture (Samuelson, 2004), the large majority of countries in the sample, including the developed ones, experience an order of magnitude larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. We demonstrate both analytically and quantitatively that this finding is driven by the inherently multilateral nature of world trade. As a separate but related exercise we quantify the worldwide welfare gains from China's trade integration.
China S Economic Growth Changing Comparative Advantages And Agricultural Trade
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Author : Kym Anderson
language : en
Publisher:
Release Date : 1990
China S Economic Growth Changing Comparative Advantages And Agricultural Trade written by Kym Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Agriculture categories.
Globalisation Comparative Advantage And The Changing Dynamics Of Trade
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2011-10-20
Globalisation Comparative Advantage And The Changing Dynamics Of Trade written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-20 with categories.
This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.
China S Qualitative Economic Transformation
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Author : Xianming Yang
language : en
Publisher: Springer Nature
Release Date : 2023-03-08
China S Qualitative Economic Transformation written by Xianming Yang and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-08 with Business & Economics categories.
This book explores the challenges China has faced during its economic restructuring, including trade wars, rising costs of labor and land, climate change, recalcitrant state-owned enterprises, an aging population and other problems. Since its historic reform and opening up, China has achieved and sustained remarkable economic growth driven primarily by manufacturing and the real estate industry. As the country continues to move up the supply chain, "Made in China," once synonymous with poor quality, but has come to mean advanced technologies. China’s future economic growth and its success in economic restructure will depend crucially on the dynamic evolution of the country’s comparative advantages. Contributors examine how the dynamic evolution of China’s comparative advantages can help the country overcome two closely related problems: heavy dependence on low value-added exports and the prospects of falling into the middle-income trap. The book will be of value to researchers interested in China’s economic development and policies.
China S Foreign Trade And Comparative Advantage
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Author : Alexander J. Yeats
language : en
Publisher: World Bank Publications
Release Date : 1991
China S Foreign Trade And Comparative Advantage written by Alexander J. Yeats and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with China categories.
This study undertakes a detailed analysis of secular trends in China's trade and "revealed" comparative advantage (RCA) for roughly two decades starting in the mid-1960s. The empirical analysis shows China has a revealed comparative advantage in a relatively broad range of products, and that almost all of these items are labor intensive in production or require inputs of specialized natural resource materials. Aside from Japan, Singapore and Malaysia, China's RCA profile resembles those of other regional economies like Indonesia, Philippines, Thailand and Taiwan which have largely built their exports base on labor intensive products. These data suggest that unless intra-industry trade is accelerated the potential for regional trade conflicts is greater than that for regional integration. The results suggest that China is currently one of the least mature of the Asian economies and that its future revealed comparative advantage will likely experience a high degree of change.
China S Changing Trade And The Implications For The Clmv
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Author : Mr.Koshy Mathai
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-01
China S Changing Trade And The Implications For The Clmv written by Mr.Koshy Mathai and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-01 with Business & Economics categories.
China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.
Changes In China S Comparative Advantage In Manufacturing 1987 95
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Author :
language : en
Publisher:
Release Date : 2000
Changes In China S Comparative Advantage In Manufacturing 1987 95 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Manufacturing industries categories.
The China Price
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Author : Alexandra Harney
language : en
Publisher: Penguin
Release Date : 2008
The China Price written by Alexandra Harney and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
A landmark eyewitness exposŽ of how China's factory economy competes for Western business by selling out its workers, its environment, and its future In The China Price, acclaimed Financial Timescorrespondent Alex Harney uncovers the truth about how China is able to offer such amazingly low prices to the rest of the world. What she has discovered is a brutal, Hobbesian world in which intense pricing pressure from Western companies combines with ubiquitous corruption and a lack of transparency to exact an unseen and unconscionable toll in human misery and environmental damage. In a way, Harney shows, what goes on in China is inevitable. In a country with almost no transparency, where graft is institutionalized and workers have little recourse to the rule of law, incentives to lie about business practices vastly outweigh incentives to tell the truth. Harney reveals that despite a decade of monitoring factories, outsiders all too often have no idea of the conditions under which goods from China are made. She exposes the widespread practice of using a dummy or model factory as a company's false window out to the world, concealing a vast number of illegal factories operating completely off the books. Some Western companies are better than others about sniffing out such deception, but too many are perfectly happy to embrace plausible deniability as long as the prices remain so low. And in the gold-rush atmosphere that's infected the country, in which everyone is clamoring to get rich at once and corruption is rampant, it's almost impossible for the Chinese government's own underfunded regulatory mechanisms to do much good at all. But perhaps the most important revelation in The China Priceis how fast change is coming, one way or another. A generation of Chinese flocked from the rural interior of the country to its coastline, where its factory work largely is, in the largest mass migration in human history. But that migration has slowed dramatically, in no small part because of widespread disenchantment with the way of life the factories offer. As pollution in China's industrial cities worsens and their infrastructure buckles, and grassroots activism for more legal recourse grows, pressures are mounting on the system that will not dissipate without profound change. Managing the violence of that change is the greatest challenge China faces in the near future, and managing its impact on the world economy is the challenge that faces us all.