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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.

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Bibliographic Info

Paper provided by eSocialSciences in its series Working Papers with number id:410.

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Date of creation: Mar 2006
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Handle: RePEc:ess:wpaper:id:410

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Related research

Keywords: China; China's exports; free markets; International Economic Relations; Economics; East Asia;

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  1. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, Elsevier, vol. 72(2), pages 603-633, December.
  2. Hausmann, Ricardo & Hwang, Jason & Rodrik, Dani, 2005. "What You Export Matters," Working Paper Series, Harvard University, John F. Kennedy School of Government rwp05-063, Harvard University, John F. Kennedy School of Government.
  3. Eswar Prasad, 2004. "China's Growth and Integration into the World Economy," IMF Occasional Papers, International Monetary Fund 232, International Monetary Fund.
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