The Interpretations of China's Exports-Productivity Paradox and Policy Implications
- DOI
- 10.2991/icmesd-18.2018.148How to use a DOI?
- Keywords
- Export-productivity paradox, Productivity heterogeneity, Foreign trade conditions heterogeneity, Foreign trade cost heterogeneity.
- Abstract
Explaining China's Export-Productivity Paradox is a hot issue in the field of international trade. This paper attempts to systematically explain China's Export-Productivity Paradox from the perspective of trade driving force. The major factors affecting trade summarized by this paper are as follows: acquired endogenous comparative advantage(like high technical level),natural endogenous comparative advantage(like enterprise nature and orientation),acquired natural comparative advantage(like initial factor endowments) and acquired external comparative advantage(like better trade environment).The diversity of trade causes leads to various sources of heterogeneity. For developed countries, the foreign trade motivation derives from the acquired endogenous comparative advantage, and productivity difference always is the main heterogeneity source. For China, trade motivation comes from the remaining comparative advantage. Heterogeneity mainly including the foreign trade conditions heterogeneity and the foreign trade cost heterogeneity. In general, the paradox derives from the narrowness of heterogeneity and the particularities of China's trade.
- Copyright
- © 2018, 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/).
Cite this article
TY - CONF AU - Pei-Zhi Wang AU - Li-Ping Sun AU - Shu-Yue Zhang PY - 2018/05 DA - 2018/05 TI - The Interpretations of China's Exports-Productivity Paradox and Policy Implications BT - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018) PB - Atlantis Press SP - 863 EP - 866 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-18.2018.148 DO - 10.2991/icmesd-18.2018.148 ID - Wang2018/05 ER -