China and the Exports of Other Asian Countries
China and the Exports of Other Asian Countries
复制标题
中国与其他亚洲国家的出口
DOI：
10.1007/s10290-007-0105-0
复制
发表时间：
2007
影响因子：
1.7
通讯作者：
Hui Tong
中科院分区：
文献类型：
--
作者：
Barry Eichengreen;Yeongseop Rhee;Hui Tong
我们分析了中国的增长对亚洲其他国家出口的影响，区分了中国对进口的需求和对出口市场的渗透。我们通过在具有国家对固定效应的引力模型中应用工具变量来解释中国出口的内生性。我们发现，中国的挤出效应主要体现在消费品市场，因此是欠发达的亚洲国家，而不是资本品市场或较发达的亚洲经济体。与此同时，中国一直在吸收来自亚洲邻国的进口，但这种影响主要体现在资本品市场。因此，越来越多和不发达的亚洲国家正受到中国崛起的截然不同的影响。
We analyze the impact of China’s growth on the exports of other Asian countries, distinguishing China’s demand for imports from its penetration of export markets. We account for the endogeneity of Chinese exports by applying instrumental variables in a gravity model with country-pair fixed-effects. We find that China’s crowding-out effect is felt mainly in markets for consumer goods and hence by less-developed Asian countries, not in markets for capital goods or by the more advanced Asian economies. Meanwhile, China has been sucking in imports from its Asian neighbors, but this effect is mainly felt in markets for capital goods. Hence, more and less developed Asian countries are being affected very differently by China’s rise.