Empirical Analysis on International Competitiveness of China's Service Trade on the Basis of Diamond Model

DOI

10.2991/emle-16.2017.8How to use a DOI?

Keywords

service trade; diamond model; comparative advantage; cointegration test; error correction model

Abstract

Based on the Michael Porter Diamond Model, This article conducts empirical researches on factors influencing the international competitiveness of China in service trade. First, according to the data of 1985-2013, it selects foreign direct investment (FDI), GDP per capita, service trade market openness, service trade development level and goods trade development level for empirical tests. Then it analyzes long term and short term factors influencing the international competitiveness of China in service trade through Cointegration Test and Error Correction Model. The results show that FDI, GDP per capita, service trade openness and exports of goods trade all have a significant positive impact on the China's service trade in export. Finally, it proposes policy-related suggestions to promote the development of service trade.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Dengxin Dong
AU  - Qian Zhang
PY  - 2016/12
DA  - 2016/12
TI  - Empirical Analysis on International Competitiveness of China's Service Trade on the Basis of Diamond Model
BT  - Proceedings of the 2016 2nd International Conference on Economy, Management, Law and Education (EMLE 2016)
PB  - Atlantis Press
SP  - 39
EP  - 43
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-16.2017.8
DO  - 10.2991/emle-16.2017.8
ID  - Dong2016/12
ER  -