What accounts for the rising sophistication of China's exports?
By: Zhi Wang, Shang-Jin Wei.
Contributors: Wei, Shang-Jin.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 13771; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13771.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Chinese exports have become increasingly sophisticated.  This has generated anxiety in developed countries as competitive pressure may increasingly be felt outside labor-intensive industries.  Using product-level data on exports from different cities within China, this paper investigates the contributing factors to China's rising export sophistication.  Somewhat surprisingly, neither processing trade nor foreign invested firms are found to play an important role in generating the increased overlap between China's export structure and that of high-income countries.  Instead, improvement in human capital and government policies in the form of tax-favored high-tech zones appear to be the key to the country's evolving export structure.  On the other hand, processing trade, foreign invested firms, and government-sponsored high-tech zones all have contributed significantly to raising the unit values of Chinese exports within a given product category"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/12/2008.

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