Vertical Specialization and Trade Surplus in China

Vertical Specialization and Trade Surplus in China
Author: Wang Wei
Publsiher: Elsevier
Total Pages: 204
Release: 2013-05-09
ISBN 10: 0857094475
ISBN 13: 9780857094476
Language: EN, FR, DE, ES & NL

Vertical Specialization and Trade Surplus in China Book Review:

The traditional flow of goods from primary production through to manufacturing and consumption has expanded across international borders conterminously with globalization. Vertical specialization (VS) in processing and manufacturing in China has driven export growth. In particular, intra-industry and intra-product trade between China, the US and East Asia has increased China’s trade surplus over the long term. Vertical Specialization and Trade Surplus in China aims to measure the level of VS in the Chinese manufacturing industry to provide a more accurate representation of China’s trade surplus, and gives empirical analysis on provinces and products with important VS activities in order to assess China’s trade value-added. Exploring the vertical division of labour, and foreign direct investment (FDI) driving China’s import and export imbalance, the book is divided into eight chapters, each covering an aspect of VS in China. The first chapter outlines the aims and method of the study. Chapter two covers VS trade pattern and trade surplus. Chapter three looks at FDI and the import and export imbalance, and chapter four covers the relationship between VS and import and export of foreign invested enterprises. The fifth chapter considers the causes and prospects for growth in China-US and China-Japan trade. Chapters six and seven give an empirical analysis of VS and trade surplus, and a breakdown of VS per industry in China’s provinces. Finally, chapter eight considers rebalancing imports and exports in China. Measures VS across China including the developed provinces based on the newest input-output table Presents the main provinces and products closely related to VS Gives evidence on global VS trade patterns from China’s national data

Achieving Inclusive Growth in China Through Vertical Specialization

Achieving Inclusive Growth in China Through Vertical Specialization
Author: Wei Wang
Publsiher: Chandos Publishing
Total Pages: 376
Release: 2016-03-17
ISBN 10: 0081006284
ISBN 13: 9780081006283
Language: EN, FR, DE, ES & NL

Achieving Inclusive Growth in China Through Vertical Specialization Book Review:

Vertical Specialization and Inclusive Growth in China discusses the two interrelated developments that have transformed the Chinese economy in recent years. First, the global community has increased calls to foster inclusive economic growth, with China embracing this trend. Second, the explosive growth in China’s trade resulting from international vertical specialization production and trade networks which has complicated the notion of inclusive growth in the Chinese context. This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth. Argues that inclusive growth and vertical specialization analyses must be performed together Gives quantitative evidence for the link between vertical specialization and inclusive growth in China Investigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniques Offers insight on forming future policy in China to increase inclusive growth

The Chinese Economic Renaissance

The Chinese Economic Renaissance
Author: Dilip K. Das
Publsiher: Palgrave MacMillan
Total Pages: 263
Release: 2008-07-10
ISBN 10:
ISBN 13: STANFORD:36105131725405
Language: EN, FR, DE, ES & NL

The Chinese Economic Renaissance Book Review:

Following the launch in China of economic reforms and the 'open door policy', a new era of economic growth and global integration dawned. In 2008 China completed three decades of broad-based market-oriented macroeconomic reforms and restructuring. This book traces China's economic renaissance.

Trade Patterns and Global Value Chains in East Asia

Trade Patterns and Global Value Chains in East Asia
Author: World Trade Organization
Publsiher: Unknown
Total Pages: 128
Release: 2011
ISBN 10:
ISBN 13: UCSD:31822039389416
Language: EN, FR, DE, ES & NL

Trade Patterns and Global Value Chains in East Asia Book Review:

The increasing internationalization of supply chains is challenging our interpretation of conventional trade statistics, as traditional concepts such as country of origin or the distinction between goods and services become blurred. This publication, jointly produced by the WTO and the Institute of Developing Economies-Japan External Trade Organization (IDE-JETRO), focuses on the factors that have helped to shape global productions.

International Production Sharing

International Production Sharing
Author: Hildegunn Kyvik Nordås
Publsiher: Unknown
Total Pages: 61
Release: 2007
ISBN 10:
ISBN 13: UOM:39015073591995
Language: EN, FR, DE, ES & NL

International Production Sharing Book Review:

This study seeks to clarify what fragmented production or production sharing is, how widespread it is, how it is organised, its driving forces and what are its policy implications - the latter focussing on developing countries and the Doha Development Round. It presents six country case studies examining the importance and nature of production sharing or vertical specialisation in the automotive and electronics sectors.

Environment Planning A

Environment   Planning A
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2011
ISBN 10:
ISBN 13: UCLA:L0104472766
Language: EN, FR, DE, ES & NL

Environment Planning A Book Review:

Changing Patterns of Global Trade

Changing Patterns of Global Trade
Author: Nagwa Riad,Mr. Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr. Jarkko Turunen
Publsiher: International Monetary Fund
Total Pages: 87
Release: 2012-01-15
ISBN 10: 1463973101
ISBN 13: 9781463973100
Language: EN, FR, DE, ES & NL

Changing Patterns of Global Trade Book Review:

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.

China in a Globalizing World

China in a Globalizing World
Author: United Nations Conference on Trade and Development,China. Shang wu bu
Publsiher: United Nations Publications
Total Pages: 183
Release: 2005
ISBN 10:
ISBN 13: STANFORD:36105122695039
Language: EN, FR, DE, ES & NL

China in a Globalizing World Book Review:

China has achieved a significant rise in economic growth and development levels over the past two decades, which has transformed the country into a global economic force. This publication contains a collection of papers which discuss some of the key issues relating to China's development path in an increasingly globalising world, derived from various seminars held in relation to the joint UNCTAD/Ministry of Commerce of China (MOFCOM) project on 'Managing globalization and economic integration'.

China s Exports and Employment

China s Exports and Employment
Author: Robert C. Feenstra,Chang Hong
Publsiher: Unknown
Total Pages: 38
Release: 2007
ISBN 10:
ISBN 13: PSU:000062621717
Language: EN, FR, DE, ES & NL

China s Exports and Employment Book Review:

Dooley et al (2003, 2004a, b, c) argue that China seeks to raise urban employment by 10-12 million persons per year, with about 30% of that coming from export growth. In fact, total employment increased by 7.5-8 million per year over 1997-2005. We estimate that export growth over 1997-2002 contributed at most 2.5 million jobs per year, with most of the employment gains coming from non-traded goods like construction. Exports grew much faster over the 2000-2005 period, which could in principal explain the entire increase in employment. However, the growth in domestic demand led to three-times more employment gains than did exports over 2000-2005, while productivity growth subtracted the same amount again from employment. We conclude that exports have become increasingly important in stimulating employment in China, but that the same gains could be obtained from growth in domestic demand, especially for tradable goods, which has been stagnant until at least 2002.

Finance Development

Finance   Development
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2003
ISBN 10:
ISBN 13: UTEXAS:059173030552102
Language: EN, FR, DE, ES & NL

Finance Development Book Review:

Asia Beyond the Global Economic Crisis

Asia Beyond the Global Economic Crisis
Author: Satoshi Inomata
Publsiher: Edward Elgar Publishing
Total Pages: 212
Release: 2011
ISBN 10:
ISBN 13: UCSD:31822037430600
Language: EN, FR, DE, ES & NL

Asia Beyond the Global Economic Crisis Book Review:

Published in association with the Institute of Developing Economies.

The World Trade Organization in the New Global Economy

The World Trade Organization in the New Global Economy
Author: Saint Mary's University (Halifax, N.S.)
Publsiher: Edward Elgar Pub
Total Pages: 297
Release: 2001
ISBN 10:
ISBN 13: UCSD:31822029886892
Language: EN, FR, DE, ES & NL

The World Trade Organization in the New Global Economy Book Review:

Despite the temporary disruption to the process of multilateral trade liberalization at Seattle in December 1999, the work of the World Trade Organization (WTO) continues. This far-reaching book explores the trade and investment issues that have been outstanding in discussions at the WTO since the failure of the 1999 talks. The distinguished contributors combine structural and policy analysis for a comprehensive assessment of the trends, problems and opportunities demanding attention in multilateral trade negotiations.

Asian Development Outlook

Asian Development Outlook
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2004
ISBN 10:
ISBN 13: UOM:39015086987479
Language: EN, FR, DE, ES & NL

Asian Development Outlook Book Review:

Supply Capacity Vertical Specialization and Tariff Rates

Supply Capacity  Vertical Specialization and Tariff Rates
Author: Menzie David Chinn
Publsiher: Unknown
Total Pages: 29
Release: 2005
ISBN 10:
ISBN 13: UCSD:31822030264915
Language: EN, FR, DE, ES & NL

Supply Capacity Vertical Specialization and Tariff Rates Book Review:

"This paper re-examines aggregate and disaggregate import and export demand functions for the United States. This re-examination is warranted because (1) income elasticities are too high to be warranted by standard theories, and (2) remain high even when it is assumed that supply factors are important. These findings suggest that the standard models omit important factors. An empirical investigation indicates that the rising importance of vertical specialization combined with decreasing tariffs rates explains some of results. Accounting for these factors yields more plausible estimates of income elasticities, as well as smaller prediction errors"--National Bureau of Economic Research web site.

Indian Journal of Economics

Indian Journal of Economics
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2011-07
ISBN 10:
ISBN 13: UCBK:C098115726
Language: EN, FR, DE, ES & NL

Indian Journal of Economics Book Review:

China s International Relations in Asia

China s International Relations in Asia
Author: Mingjiang Li
Publsiher: Routledge
Total Pages: 400
Release: 2009-10-01
ISBN 10:
ISBN 13: STANFORD:36105215091914
Language: EN, FR, DE, ES & NL

China s International Relations in Asia Book Review:

China s Growth and Integration Into the World Economy

China s Growth and Integration Into the World Economy
Author: Professor Eswar Prasad,Steven Barnett,Medzinárodný menový fond,Nicolas Blancher,Ray Brooks,Annalisa Fedelino,Tarhan Feyzio&gcirc Lu,Thomas Rumbaugh,Raju Jan Singh,Tao Wang
Publsiher: International Monetary Fund
Total Pages: 66
Release: 2004-06-17
ISBN 10:
ISBN 13: UCSC:32106017394906
Language: EN, FR, DE, ES & NL

China s Growth and Integration Into the World Economy Book Review:

This IMF occasional paper offers an analytical overview of China's prospects and challenges for its growth and integration into the world economy. Divided into eight chapters, each focusing on a different aspect of China's economic position and development, including international trade, pricing, fiscal federalism, and labour market performance, the paper assesses China's economic potential for integration, and what it will take to achieve this goal.

Regional Economic Outlook

Regional Economic Outlook
Author: Anonim
Publsiher: Unknown
Total Pages: 329
Release: 2007-04
ISBN 10:
ISBN 13: IND:30000087925180
Language: EN, FR, DE, ES & NL

Regional Economic Outlook Book Review:

International Economics

International Economics
Author: Thomas A. Pugel
Publsiher: Unknown
Total Pages: 730
Release: 2007
ISBN 10: 9780071107273
ISBN 13: 0071107274
Language: EN, FR, DE, ES & NL

International Economics Book Review:

Covering the conventional areas of international economics, this edition provides the blend of events and analysis to help readers understand global economic developments and to evaluate proposals for changes in economic policies. It combines economic analysis with attention to the issues of economic policy that are important.

Are Chinese Exports Sensitive to Changes in the Exchange Rate

Are Chinese Exports Sensitive to Changes in the Exchange Rate
Author: Shaghil Ahmed
Publsiher: Unknown
Total Pages: 36
Release: 2009
ISBN 10:
ISBN 13: UCR:31210023123654
Language: EN, FR, DE, ES & NL

Are Chinese Exports Sensitive to Changes in the Exchange Rate Book Review:

This paper builds a model of two types of Chinese exports, those processed and assembled laregely from imported inputs ("processed" exports) and "non-processed" exports. Based on this model, the sensitivity of Chinese exports to exchange rate changes is empirically examined. Unlike previous work, the estimation period includes the net real appreciation of the renminbi that has occurred over the past three years. The results show that greater exchange rate appreciation dampens export growth, both for non-processed and processed exports, with the estimated cumulative price elasticity being substantially greater than unity. When the source of the increase in the Chinese real exchange rate is appreciations against the currencies of other emerging Asian trading partners, the effect on processing exports is positive but insignficant, while the effect on non-processing exports is significantly negative. By contrast, when the source of the increase in the Chinese real exchange rate is appreciation against China's advanced-economy trading partners, the effects on both types of exports are negative. These results are consistent with the predictions of the theoretical model. Counterfactual simulations based on the estimated model strongly suggest that if the trade-weighted real renminbi had appreciated at an annual rate of 10 percent per quarter since mid-2005, Chinese real exports would have been roughly 30 percent lower today. Thus greater exchange rate flexibility could contribute to lowering China's huge trade surplus through restraining growth of exports.