The Shifting Structure of China’s Trade and Production / Li Cui, Murtaza Syed.

Format:

Book

Government document

Author/Creator:

Cui, Li.

Contributor:

Syed, Murtaza.

Series:

IMF Working Papers; Working Paper ; No. 2007/214

IMF Working Papers

Language:

English

Subjects (All):

Trade regulation--China.

Trade regulation.

China--Commerce--Econometric models.

China.

Physical Description:

1 online resource (31 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

This paper uses disaggregated trade data to assess how the expansion of China's production capacity and its changing production structure may be affecting its trade linkages with other countries. It finds that China is moving away from traditional assembly operations in its processing activities and its exports have started to rely more on domestically sourced components. In turn, China's imports and exports have begun to delink, with increased domestic sourcing contributing to the recent increase in its trade balance. In addition, as China moves up the value chain, both its imports and exports have become more sophisticated than in the past. As a result of these shifts, China may be becoming more exposed to fluctuations in the strength of the global economy, and changes in its exchange rate could have a bigger impact on the trade balance and the domestic economy than commonly believed.

Contents:

Contents; I. Introduction; II. Recent Developments in China's External Trade; III. Evaluating Trade Equations using Sectoral Data; A. The Delinking of Imports from Exports; B. Product Sophistication and Trade Flows; IV. Conclusion; Tables; 1. Testing Delinking of Imports and Exports: Full Sample, Alternative Specifications; 2. Testing Delinking of Imports and Exports: Sub-Sample Analysis; 3. Robustness Checks: Sub-Sample Analysis using IV Estimation; 4. Export Elasticities and Product Sophistication Level; 5. Import Elasticities and Product Sophistication Level

6. Export-GDP Ratio and Product Sophistication Level7. Import-GDP Ratio and Product Sophistication Level; References

Notes:

"September 2007."

Includes bibliographical references.

Description based on print version record.

ISBN:

9786613827531

9781462357840

1462357849

9781452764238

1452764239

9781283515085

1283515083

9781451912319

1451912315