HOW MUCH DO EXPORTS CONTRIBUTE TO CHINA'S INCOME GROWTH?

被引:34
作者
Pei, Jiansuo [1 ]
Oosterhaven, Jan [2 ]
Dietzenbacher, Erik [2 ]
机构
[1] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing, Peoples R China
[2] Univ Groningen, Fac Econ & Business, Groningen, Netherlands
基金
中国国家自然科学基金;
关键词
Income growth; Input-output analysis; 'High-tech' product; Processing trade; Structural decomposition analysis; China; STRUCTURAL DECOMPOSITION; TRADE; SOPHISTICATION;
D O I
10.1080/09535314.2012.660746
中图分类号
F [经济];
学科分类号
02 ;
摘要
It is a widespread belief that exports, in particular of 'high-tech' products, contribute much to China's income growth. This study addresses this issue by applying a structural decomposition analysis to input-output (I-O) data. We employ two extended I-O tables that distinguish processing trade from ordinary exports. The contribution of exports to the value-added growth from 2002 to 2007 is found to be overestimated by 32% when standard I-O tables are used rather than the extended I-O tables. Even more strikingly, the value-added growth that may be attributed to the exports of 'high-tech' telecommunication products is overestimated by no less than 63%. A serious overestimation of the contribution to income growth of certain products (such as high-tech products) sends out misleading signals to policymakers. When measured correctly, the true contribution appears to be substantially smaller than is generally believed to be.
引用
收藏
页码:275 / 297
页数:23
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