Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
International Trade and its Effects on Economic Growth in China
Liaoning Entry-Exit Inspection and Quarantine Bureau (LNCIQ).
Korea University.ORCID iD: 0000-0002-7902-4683
2010 (English)Report (Other academic)
Abstract [en]

International trade, as a major factor of openness, has made an increasingly significant contribution to economic growth. Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made the country to target the world as its market. This research discusses the role of international trade in China’s economic growth. It starts with a review of conceptions as well as the evolution of China’s international trade regime and the policy that China has taken in favor of trade sectors. In addition, China’s international trade performance is analyzed extensively. This research then evaluates the effects of international trade on China’s economic growth through examining improvement in productivity. Both econometric and non-parametric approaches are applied based on a 6-year balanced panel data of 31 provinces of China from 2002 to 2007. For the econometric approach, a stochastic frontier production function is estimated and province specific determinants of inefficiency in trade identified. For the non-parametric approach, the Divisia index of each province/region is calculated to be used as the benchmark. The study demonstrates that increasing participation in the global trade helps China reap the static and dynamic benefits, stimulating rapid national economic growth. Both international trade volume and trade structure towards high-tech exports result in positive effects on China’s regional productivity. The eastern region of China has been developing most rapidly while the central and western provinces have been lagging behind in terms of both economic growth and participation in international trade. Policy implications are drawn from the empirical results accordingly.

Place, publisher, year, edition, pages
2010. , 36 p.
Series
IZA Discussion Paper, 5151
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:hj:diva-24889OAI: oai:DiVA.org:hj-24889DiVA: diva2:754266
Available from: 2014-10-10 Created: 2014-10-10 Last updated: 2016-01-14Bibliographically approved

Open Access in DiVA

No full text

Other links

http://ftp.iza.org/dp5151.pdf

Search in DiVA

By author/editor
Heshmati, Almas
Social Sciences

Search outside of DiVA

GoogleGoogle Scholar

Total: 184 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf