What Accounts for the Rising Sophistication of China&Apos;S Exports?

What Accounts for the Rising Sophistication of China&Apos;S Exports?
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DOI:
10.3386/w13771
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发表时间:
2008-02
期刊:
Emerging Markets: Economics
影响因子:
--
通讯作者:
Zhi Wang;S. Wei
Zhi Wang;S. Wei
中科院分区:
其他
文献类型:
--
作者:
Zhi Wang;S. Wei

文献摘要

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中国的出口产品变得越来越复杂。这引起了发达国家的焦虑,因为劳动密集型产业之外的竞争压力可能越来越大。本文利用中国不同城市出口的产品级数据,研究了中国出口复杂程度不断提高的影响因素。令人有些惊讶的是,无论是加工贸易还是外商投资企业,都没有在中国出口结构与高收入国家出口结构重叠加剧的过程中发挥重要作用。相反,以税收优惠的高新区形式改善人力资本和政府政策似乎是该国不断发展的出口结构的关键。另一方面,加工贸易、外商投资企业和政府资助的高新区都对提高中国特定产品类别出口的单位价值做出了巨大贡献。
Chinese exports have become increasingly sophisticated. This has generated anxiety in developed countries as competitive pressure may increasingly be felt outside labor-intensive industries. Using product-level data on exports from different cities within China, this paper investigates the contributing factors to China's rising export sophistication. Somewhat surprisingly, neither processing trade nor foreign invested firms are found to play an important role in generating the increased overlap between China's export structure and that of high-income countries. Instead, improvement in human capital and government policies in the form of tax-favored high-tech zones appear to be the key to the country's evolving export structure. On the other hand, processing trade, foreign invested firms, and government-sponsored high-tech zones all have contributed significantly to raising the unit values of Chinese exports within a given product category.