Value-Added Trade and Evolution of China's Comparative Advantages

被引：0
|
作者：
文东伟 [1 ]
机构：
[1] Institute of International Economics, Nankai University
来源：
China Economist | 2018年 / 02期
基金：
中国国家社会科学基金;
关键词：
trade in value added; comparative advantage; heterogeneous firms; intercountry input-output tables(ICIO); global value chains(GVC);
D O I：
10.19602/j.chinaeconomist.2018.03.04
中图分类号：
F752.6 [进出口贸易概况];
学科分类号：
020206 ;
摘要：
Based on heterogeneity in firm’s sales destinations and trade patterns, this paper estimates China’s ratio of value-added exports(RVAE) using value-added trade accounting, and discusses the evolution of China’s comparative advantages from the perspective of value-added trade. Our research findings suggest that without taking into account heterogeneity in firm’s sales destinations and trade patterns,China’s RVAE will be overestimated. Conventional gross trade accounting underestimates the export competitiveness of China’s labor-intensive and capital intensive sectors, but overestimates the export competitiveness of China’s technology-intensive sectors,which leads to a significant reversal of comparative advantages. Conventional gross trade accounting method overestimates the trade surplus of China’s manufacturing and technology-intensive sectors with the US by about 60% and 85% respectively.
引用
收藏
页码：40 / 53
页数：14
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