Vertical Specialization And Trade Surplus In China

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Vertical Specialization and Trade Surplus in China

Author : Wang Wei
Publisher : Elsevier
Page : 204 pages
File Size : 48,9 Mb
Release : 2013-05-09
Category : Business & Economics
ISBN : 9780857094476

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Vertical Specialization and Trade Surplus in China by Wang Wei Pdf

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

Author : Wei Wang
Publisher : Chandos Publishing
Page : 376 pages
File Size : 44,8 Mb
Release : 2016-03-17
Category : Business & Economics
ISBN : 9780081006283

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Achieving Inclusive Growth in China Through Vertical Specialization by Wei Wang Pdf

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

On China's Trade Surplus

Author : Tao Yuan
Publisher : Springer Science & Business Media
Page : 102 pages
File Size : 50,5 Mb
Release : 2013-07-19
Category : Business & Economics
ISBN : 9783642389252

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On China's Trade Surplus by Tao Yuan Pdf

China’s trade surplus is an essential question, but there are many popular misconceptions about it, a fact that prompted the creation of this book, On China's Trade Surplus. It will help readers to understand the manner in which China’s foreign trade and China’s role in global trade have developed, and to how to benefit from trade with China. In this book, many hot topics are analyzed, such as: What promotes China’s trade surplus? Why doesn’t it have a trade deficit? What are the relations between trade frictions and China’s trade surplus, and how can trade frictions be reduced? What is the deeper meaning of the U.S. trade deficit with China?

Trade Patterns and Global Value Chains in East Asia

Author : World Trade Organization
Publisher : Unknown
Page : 128 pages
File Size : 53,7 Mb
Release : 2011
Category : Electronic
ISBN : OCLC:745696763

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Trade Patterns and Global Value Chains in East Asia by World Trade Organization Pdf

China's Growing Role in World Trade

Author : Robert C. Feenstra
Publisher : University of Chicago Press
Page : 603 pages
File Size : 54,5 Mb
Release : 2010-03-10
Category : Business & Economics
ISBN : 9780226239729

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China's Growing Role in World Trade by Robert C. Feenstra Pdf

In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Changing Patterns of Global Trade

Author : Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen
Publisher : International Monetary Fund
Page : 87 pages
File Size : 47,8 Mb
Release : 2012-01-15
Category : Business & Economics
ISBN : 9781463973100

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Changing Patterns of Global Trade by Nagwa Riad,Mr.Luca Errico,Christian Henn,Christian Saborowski,Mika Saito,Mr.Jarkko Turunen Pdf

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.

The New Trend of Global Industrial Division of Labor and China’s Responses

Author : Bei Jin,Qizi Zhang
Publisher : Springer Nature
Page : 294 pages
File Size : 47,8 Mb
Release : 2022-11-02
Category : Business & Economics
ISBN : 9789811956744

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The New Trend of Global Industrial Division of Labor and China’s Responses by Bei Jin,Qizi Zhang Pdf

This book explores the dynamic process of International Division of Labor with constant development and changes. The process reflects not only the development level of productivity, but also relations between countries. What would be the evolution path for the International Division of Labor? How to improve China's and emerging economies' competitiveness to meet the new industrial revolution? The book aims to answer the questions under the global context. China would explore the innovation in new economic forms to strengthen international cooperation and avoid the intensified trade frictions brought about by its industrial upgrading.

Local Consumption and Global Environmental Impacts

Author : Kuishuang Feng,Klaus Hubacek,Yang Yu
Publisher : Routledge
Page : 118 pages
File Size : 43,6 Mb
Release : 2019-08-13
Category : Business & Economics
ISBN : 9781317577287

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Local Consumption and Global Environmental Impacts by Kuishuang Feng,Klaus Hubacek,Yang Yu Pdf

This book describes how local consumption, particularly in urban areas, is increasingly met by global supply chains. These supply chains often extend over large geographical distances and have greater global environmental impacts, contributing to pollution, climate change, water scarcity, and deforestation. As consumption is increasingly met by globalized supply chains, causing social, economic, and environmental impacts elsewhere, consumption decisions can unknowingly contribute and reinforce global inequality and exploitation. To account for the impacts of consumption and distribution of wealth we need to analyze global supply and value chains. In this volume, the authors provide an overview of key methods of analysis, including Multi-Regional Input-Output analysis and Life Cycle Assessment. Subsequent chapters connect local consumption to the global consequences of different environmental issues, such as water and land use and stress, greenhouse gases emissions, and other forms of air pollution. Each issue is addressed in an individual chapter, including case studies from China, U.S. and UK. The book will be key reading for students taking courses in environmental sciences, sustainability sciences, ecological economies, and geography.

The Future of Asian Trade and Growth

Author : Linda Yueh
Publisher : Routledge
Page : 531 pages
File Size : 42,9 Mb
Release : 2009-12-16
Category : Business & Economics
ISBN : 9781134207589

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The Future of Asian Trade and Growth by Linda Yueh Pdf

This book presents a comprehensive analysis of current trends of trade and economic growth in Asia, assessing how they are likely to develop in the future. It examines the evolving patterns of Asian economic development with the emergence of China, including since China’s accession to the World Trade Organisation (WTO) in 2001. It is written by experts specialising in economic growth and regional and global trade/investment issues, alongside country specialists who have examined the development path of Asian economies. It discusses the significance of a export-oriented growth strategy on the Asian region, and the likely patterns of intra-regional specialisation given China’s rise. The book examines the degree to which the remarkable growth of China is likely to affect other Asian countries in terms of global market share, and growth prospects. The book explores how the rise of intra-industry trade is affecting patterns of specialisation in the region, and appraises the role of multinational corporations and foreign direct investment. Informed by the latest empirical economic thinking, this book is a rigorous examination of the influence of an emerging economic superpower, and the future for economic growth in Asia. Readers interested in the implications of the rise of China, the effect on the economic development path of the most successful developing nations of our time and the lessons to be heeded from China’s integration with the global economy will find this a thorough yet accessible account of the influence of an emerging economic superpower.

From Trade Surplus to the Dispute Over the Exchange Rate

Author : Li Xin,Dianqing Xu
Publisher : World Scientific
Page : 473 pages
File Size : 44,8 Mb
Release : 2016
Category : Business & Economics
ISBN : 9789814723961

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From Trade Surplus to the Dispute Over the Exchange Rate by Li Xin,Dianqing Xu Pdf

"Since 2005, China has been accused of causing the trade deficit and manipulating the exchange rate. At the same time, there have been arguments against the RMB appreciation. The reason for this conflict is the lack of quantitative research or elaboration on many extremely important indicators. To correctly describe the industrial chain and value-added process around the world, it is necessary to identify data by using new methods and separating the processing trade from the non-processing trade based on the Global Trade Analysis Project (GTAP) data. This book establishes a Global Multi-department Computable General Equilibrium (GMCGE) model based on the continuous global input-output database. It focuses on the Computable General Equilibrium (CGE) model that constructs a consistent interaction mechanism within the economic system and fully reflects the general equilibrium characteristics and thus tries to avoid the limitations of the partial equilibrium model. It shows how the GMCGE framework can distinguish the processing trade from non-processing trade in the input-output data, and at the same time ensure the endogenous equilibrium of the social accounting matrix (SAM) after distinction."--Provided by the publisher.

China's WTO Accession Reassessed

Author : Wang Luolin
Publisher : Routledge
Page : 580 pages
File Size : 47,6 Mb
Release : 2015-02-20
Category : Political Science
ISBN : 9781317636663

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China's WTO Accession Reassessed by Wang Luolin Pdf

China's accession to the World Trade Organisation in 2001 was a highly significant event both for China and for the wider world. This book argues that, although at the time some people doubted the likely benefits, China's WTO accession has been highly successful. It discusses how China has abided by its commitment to WTO terms and how WTO membership has contributed to China's reform and opening up; explores how vastly increased co-operative exchange with many countries around the world has been mutually beneficial in a range of fields including trade, science and culture; and shows how China's WTO membership has been a great stimulus both for China's economy and the world economy. The book considers the subject from a number of perspectives, and draws out lessons for future reform and development for China, and for China's relations with the rest of the world, emphasising the need to maintain a win-win approach.

China and Asia in Global Trade Slowdown

Author : Gee Hee Hong,Mr.Jaewoo Lee,Wei Liao,MissDulani Seneviratne
Publisher : International Monetary Fund
Page : 46 pages
File Size : 49,7 Mb
Release : 2016-05-26
Category : Business & Economics
ISBN : 9781484368565

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China and Asia in Global Trade Slowdown by Gee Hee Hong,Mr.Jaewoo Lee,Wei Liao,MissDulani Seneviratne Pdf

Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China’s import growth slowed starkly, driven by both external and domestic factors, including a rebalancing of demand. Econometric results point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China’s rebalancing are estimated for some 60 countries using value-added trade data, and are found to be more negative on Asia and commodity exporters than others.

Handbook on Trade and Development

Author : Oliver Morrissey,Ricardo A. López,Kishor Sharma
Publisher : Edward Elgar Publishing
Page : 488 pages
File Size : 53,9 Mb
Release : 2015-05-29
Category : Business & Economics
ISBN : 9781781005316

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Handbook on Trade and Development by Oliver Morrissey,Ricardo A. López,Kishor Sharma Pdf

This timely Handbook comprehensively explores the complex relationships between trade and economic performance in developing countries, illustrating that it is not trade per se that is important but the context, at the firm, country and regional level, in which trade occurs.

Geopolitics, Supply Chains, and International Relations in East Asia

Author : Etel Solingen
Publisher : Cambridge University Press
Page : 321 pages
File Size : 46,5 Mb
Release : 2021-05-06
Category : Business & Economics
ISBN : 9781108833561

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Geopolitics, Supply Chains, and International Relations in East Asia by Etel Solingen Pdf

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.