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Dynamic Changes of China’s Export Specialization
Department of Economics, Chonnam National University, Gwangju, Korea
Department of Economics, Chonnam National University, Gwangju, Korea
- 1 Department of Economics, Chonnam National University, Gwangju, Korea
- 2 Department of Economics, Chonnam National University, Gwangju, Korea
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Abstract
This paper analyzes the dynamic changes of China’s export specialization during the period of 1987-2011. China’s exports have increased rapidly from 1.60 percent of the world market in 1987 to 10.31 percent in 2011. China’s export specialization has changed from labor-intensive goods to capital-intensive goods, and especially, has moved from low technology industries to high technology industries. The regression results show that even with the de-specialization pattern evident in all countries, China’s de-specialization tendency is stronger than that of advanced countries. This de-specialization can be attributed to China’s intra-industry trade and the quality improvement of China’s exporting goods.
KeywordsChinaComparative AdvantageDynamic ChangeExport SpecializationIntra-Industry Trade
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