Vertical specialisation and the growth of China's exporting manufacturing industries: an empirical analysis based on the data from 1992 to 2009
by Ying Ma; Han Li
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 6, No. 4, 2013

Abstract: This paper tries to integrate the new paradigm of the vertical specialisation with the driving forces of international trade, which have been testified by different paradigms of international trade theory, so as to build up an econometric model. Then, by this model, we use China's 1992-2009 trade data of manufacturing industries to regress the dependent variables of trade volume, competitiveness with the interactive variables built by multiplication of vertical specialisation index and such factors as the ratio of capital to labour, economies of scale and total factor productivity. Our findings have justified that along with the vertical specialisation, those factors have contributed a lot to the growth of international trade and the upgrade of international competitiveness. But the interactive variable of vertical specialisation and economies of scale has not been justified as a factor to increase the international competitiveness of China's manufacturing industry. Not only has this paper made a tentative attempt in explaining the driving factors behind the rapid aggregate growth in China's foreign trade, but also in exploring how the global vertical specialisation has shaped and upgraded the industrial structure of China's exporting manufacturing sector.

Online publication date: Sat, 28-Jun-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economic Policy in Emerging Economies (IJEPEE):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com