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What's So Special about China's Exports?

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Dani Rodrik

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Abstract

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and other advanced areas that would most likely not have developed in their absence. As a result, China has ended up with an export basket that is significantly more sophisticated than what would be normally expected for a country at its income level. This has been an important determinant of China's rapid growth. What matters for China's future growth is not the volume of exports, but whether China will continue to latch on to higher-income products over time. Copyright The official journal of The Institute of World Economics and Politics, Chinese Academy of Social Sciences (CASS) 2006.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1749-124X.2006.00038.x
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Article provided by Institute of World Economics and Politics, Chinese Academy of Social Sciences in its journal China & World Economy.

Volume (Year): 14 (2006)
Issue (Month): 5 ()
Pages: 1-19
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Handle: RePEc:bla:chinae:v:14:y:2006:i:5:p:1-19

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  1. Dic Lo & Thomas M. H. Chan, 1998. "Machinery and China's nexus of foreign trade and economic growth," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(6), pages 733-749.
  2. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, vol. 72(2), pages 603-633, December. [Downloadable!] (restricted)
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  3. Hausmann, Ricardo & Hwang, Jason & Rodrik, Dani, 2006. "What You Export Matters," CEPR Discussion Papers 5444, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  4. Eswar Prasad, 2004. "China's Growth and Integration into the World Economy: Prospects and Challenges," IMF Occasional Papers 232, International Monetary Fund. [Downloadable!]
  5. Jorg Mayer & Adrian Wood, 2001. "South Asia's Export Structure in a Comparative Perspective," Oxford Development Studies, Taylor and Francis Journals, vol. 29(1), pages 5-29. [Downloadable!] (restricted)
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  1. Robert C. Feenstra & Shang-Jin Wei, 2009. "Introduction to “China’s Growing Role in World Trade”," NBER Working Papers 14716, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Rockmore, Marc & Zhang, Xiaobo, 2006. "Moving up and moving down: a new way of examining country growth dynamics," DSGD discussion papers 34, International Food Policy Research Institute (IFPRI). [Downloadable!]
  3. Dean, Judith & Fung , K.C. & Wang, Zhi, 2009. "How vertically specialized is Chinese trade?," BOFIT Discussion Papers 31/2008, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
  4. Giammario Impullitti, 2007. "International Schumpeterian Competition and Optimal R&D subsidies," Economics Working Papers ECO2007/55, European University Institute. [Downloadable!]
  5. Albert Park & Dean Yang & Xinzheng Shi & Yuan Jiang, 2009. "Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis," NBER Working Papers 14632, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  6. Zheng, Jinghai & Bigsten, Arne & Hu, Angang, 2006. "Can China’s Growth be Sustained? A Productivity Perspective," Working Papers in Economics 236, Göteborg University, Department of Economics. [Downloadable!]
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  7. Felicitas Nowak-Lehmann D. & Sebastian Vollmer & Inmaculada Martinez-Zarzoso, 2008. "Does Comparative Advantage Make Countries Competitive? A Comparison of China and Mexico," cege – Center for European, Governance and Economic Development Research Discussion Papers 74, cege – Center for European, Governance and Economic Development Research, University of Goettingen (Germany).. [Downloadable!]
  8. Arjan de Haan, 2009. "Will China change international development as we know it?," Working Papers - General Series 475, Institute of Social Studies. [Downloadable!]
  9. Andrew M. Fischer, 2009. "Putting aid in its place: Insights from early structuralists on aid and balance of payments and lessons for contemporary aid debates," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(6), pages 856-867. [Downloadable!]
  10. Roberto Álvarez & Sebastián Claro, 2007. "On the Sources of China’s Export Growth," Working Papers Central Bank of Chile 426, Central Bank of Chile. [Downloadable!]
  11. Ari Van Assche & Byron Gangnes, 2007. "Electronics Production Upgrading: Is China Exceptional?," CIRANO Working Papers 2007s-16, CIRANO. [Downloadable!]
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  12. Michael Funke & Marc Gronwald, 2009. "A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  13. Guariglia, Alessandra & Santos-Paulino, Amelia U., 2008. "Export Productivity, Finance, and Economic Growth: Are the Southern Engines of Growth Different?," Working Papers RP2008/27, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  14. Ralf Ruhwedel & Michael Funke, 2008. "Trade, product variety and welfare: a quantitative assessment for mainland China," Quantitative Macroeconomics Working Papers 20806, Hamburg University, Department of Economics. [Downloadable!]
  15. Roberto Álvarez; & Sebastián Claro, 2008. "David Versus Goliath: The Impact of Chinese Competition on Developing Countries," Working Papers Central Bank of Chile 478, Central Bank of Chile. [Downloadable!]
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  16. Giammario Impullitti, 2008. "International Competition and U.S. R&D Subsidies: A Quantitative Welfare Analysis," Economics Working Papers ECO2008/11, European University Institute. [Downloadable!]
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  17. Blanchard, Olivier J & Giavazzi, Francesco, 2006. "Rebalancing Growth in China: A Three-Handed Approach," CEPR Discussion Papers 5403, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  18. Roberta Colavecchio & Michael Funke, 2007. "Volatility dependence across Asia-Pacific on-shore and off-shore U.S. dollar futures markets," Quantitative Macroeconomics Working Papers 20708, Hamburg University, Department of Economics. [Downloadable!]
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  19. Manuel Agosin & Claudio Bravo-Ortega, 2009. "Surgimiento de nuevas actividades de exportación en América Latina: el caso de Chile," RES Working Papers 3266, Inter-American Development Bank, Research Department. [Downloadable!]
  20. Cruz, Moritz, 2008. "Can Free Trade Guarantee Gains from Trade?," Working Papers RP2008/97, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  21. Andrew Sheng & Allen Ng, 2008. "The External Wealth of China: An Investigation from the International Balance Sheet Perspective," Working Papers 012008, Hong Kong Institute for Monetary Research. [Downloadable!]
  22. Jessie Bakens & Henri de Groot, 2007. "Globalisation and the Dutch Economy," CPB Discussion Papers 89, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
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