TITLE:
Dynamic Changes of China’s Export Specialization
AUTHORS:
Taegi Kim, Dan Meng
KEYWORDS:
China, Comparative Advantage, Dynamic Change, Export Specialization, Intra-Industry Trade
JOURNAL NAME:
Modern Economy,
Vol.6 No.5,
May
27,
2015
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.