Dynamic Changes of China’s Export Specialization

DOI: 10.4236/me.2015.65060   PDF   HTML   XML   4,163 Downloads   5,743 Views   Citations

Abstract

This paper analyzes the dynamic changes of China’s export specialization during the period of 1987-2011. China’s exports have increased rapidly from 1.60 percent of the world market in 1987 to 10.31 percent in 2011. China’s export specialization has changed from labor-intensive goods to capital-intensive goods, and especially, has moved from low technology industries to high technology industries. The regression results show that even with the de-specialization pattern evident in all countries, China’s de-specialization tendency is stronger than that of advanced countries. This de-specialization can be attributed to China’s intra-industry trade and the quality improvement of China’s exporting goods.

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Kim, T. and Meng, D. (2015) Dynamic Changes of China’s Export Specialization. Modern Economy, 6, 633-641. doi: 10.4236/me.2015.65060.

Conflicts of Interest

The authors declare no conflicts of interest.

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