Policy effect on structural change: A case of Chinese intermediate goods trade

被引：10
|
作者：
Huang, Yanghua [1 ]
Salike, Nimesh [2 ]
Zhong, Feiteng [3 ]
机构：
[1] Chinese Acad Social Sci, Inst Ind Econ, 2 Yuetan Beixiaojie, Beijing 100836, Peoples R China
[2] Xian Jiaotong Liverpool Univ, Int Business Sch Suzhou, 111 Renai Rd, Suzhou, Peoples R China
[3] Chinese Acad Social Sci, Natl Inst Int Strategy, 3 Zhangzizhong Rd, Beijing 100007, Peoples R China
来源：
CHINA ECONOMIC REVIEW | 2017年 / 44卷
关键词：
Institutional change; Intermediate goods trade; Intra industry trade (IIT); Regional production network; Technological progress; INTRAINDUSTRY TRADE;
D O I：
10.1016/j.chieco.2017.03.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We explain the dynamics of China's intra industry trade (IIT) development spanning over three decades from the perspective of institutional changes. We present two hypotheses after reviewing series of policy documents and related organizational adjustment descriptions. First, we argue that China's pro-liberal reform in trade and FDI institutions helped trade to take off. Second, China is ambitious in acquiring advanced technology and building up a sophisticated system to promote technological capability. An analysis of Grubel and Lloyd IIT index on intermediate goods trade belonging to SITC 7 and SITC 8- the key components of regional value chain in East Asia- suggests that the structural changes taking place in China's intermediate goods trade are in agreement with the stated hypotheses. China's institutional arrangements also help to explain the factor behind China's success in becoming a major player in the regional production network in East Asia. (C) 2017 Elsevier Inc. All rights reserved.
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页码：30 / 47
页数：18
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