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Are China's Exports Crowding Out or Being Crowded Out? Evidence from Japan's Imports

Are China's Exports Crowding Out or Being Crowded Out? Evidence from Japan's Imports

作     者:Yan Liu Xunpeng Shi James Laurenceson, 

作者机构:Associate Professor Department of International Economics and Trade Dalian Minzu UniversityChina Principal Research Fellow Australian China Relations Institute University of Technology Sydney Australia Professor and Deputy Director Australia-China Relations Institute University of Technology Sydney Australia 

出 版 物:《China & World Economy》 (中国与世界经济(英文版))

年 卷 期:2018年第26卷第4期

页      面:1-23页

核心收录:

学科分类:0202[经济学-应用经济学] 03[法学] 1202[管理学-工商管理] 081702[工学-化学工艺] 0201[经济学-理论经济学] 08[工学] 0817[工学-化学工程与技术] 0838[工学-公安技术] 0701[理学-数学] 0306[法学-公安学] 

基  金:National Office for Philosophy and Social Sciences  NSSFC  (13CGJ034) 

主  题:constant market share analysis (CMS) crowded out crowding out industrial relocation 

摘      要:Previous studies have investigated whether Chinese exports have crowaea oul mose from other countries. However, what has yet to be considered is the evidence based on different quality varieties. Using the most detailed Harmonized System 9-digit product- level data, the present paper provides evidence of crowding-out and crowded-out effects across different product quality segments and across manufacturing sectors by quality segments. The empirical evidence presented in this paper shows that the crowding-out effects of Chinese exports have been greatest at the lower end of the quality spectrum but less significant at the higher quality spectrum. Moreover, since 2007, China's own exports of lower quality manufactured goods have been increasingly crowded out. The key policy implication is that China's export path is in line with that taken by other Asian economies in previous decades; the crowded-out effect could achieve win-win outcomes for countries involved; and lower income countries would do well to be open to receive those relocated low value-added industries from China. However, the relocation policy in China is best implemented gradually as climbing up the product quality ladder takes time.

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