Dynamic Changes of China’s Export Specialization

Taegi Kim^*, Dan Meng

Department of Economics, Chonnam National University, Gwangju, Korea.

DOI: 10.4236/me.2015.65060                

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.

Keywords

China, Comparative Advantage, Dynamic Change, Export Specialization, Intra-Industry Trade

Conflicts of Interest

The authors declare no conflicts of interest.

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