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Foreign direct investment, processing trade, and the sophistication of China's exports

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Author Info
XU, Bin
LU, Jiangyong
Abstract

China's export structure has shown a rapid shift towards more sophisticated industries. While some believe that this trend is a result of processing trade and foreign direct investment, the evidence is mixed. This paper examines variations in level of export sophistication across China's manufacturing industries. We find that an industry's level of export sophistication is positively related to the share of wholly foreign owned enterprises from OECD countries and the share of processing exports of foreign-invested enterprises, and negatively related to the share of processing exports of indigenous Chinese enterprises. Evidence from the relative export prices of Chinese goods, which measure within-product export sophistication, shows a similar pattern.

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Publisher Info
Article provided by Elsevier in its journal China Economic Review.

Volume (Year): 20 (2009)
Issue (Month): 3 (September)
Pages: 425-439
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Handle: RePEc:eee:chieco:v:20:y:2009:i:3:p:425-439

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Related research
Keywords: China Foreign direct investment Processing trade Sophistication of exports;

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This page was last updated on 2009-12-3.


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