The Anatomy of China's Export Growth

Amiti, Mary ; Freund, Caroline

World Bank, Washington, DC

关键词: ACCOUNTING;    AGRICULTURE;    APPAREL;    COMPARATIVE ADVANTAGE;    CONSUMERS;   

DOI  :  10.1596/1813-9450-4628
RP-ID  :  WPS4628

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Decomposing China's real exportgrowth, of over 500 percent since 1992, reveals a number ofinteresting findings. First, China's export structurechanged dramatically, with growing export shares inelectronics and machinery and a decline in agriculture andapparel. Second, despite the shift into these moresophisticated products, the skill content of China'smanufacturing exports remained unchanged, once processingtrade is excluded. Third, export growth was accompanied byincreasing specialization and was mainly accounted for byhigh export growth of existing products (the intensivemargin) rather than in new varieties (the extensive margin).Fourth, consistent with an increased world supply ofexisting varieties, China's export prices to the UnitedStates fell by an average of 1.5 percent per year between1997 and 2005, while export prices of these products fromthe rest of the world to the United States increased by 0.4percent annually over the same period.