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An analysis of China's global industrial competitive strength based on vertical specialization

Author

Listed:
  • ZHANG Xiaodi

    (School of Economics, Zhejiang University, Hangzhou 310027, China)

  • SUN Jingwei

    (School of Finance, Hangzhou Dianzi University, Hangzhou 310018, China; Postdoctoral Institute of College of Public Administration, Zhejiang University, Hangzhou 310027, China)

Abstract

At the beginning of the 1990s, China witnessed an increase in its international competitive strength in technology-intensive and capital-intensive industries, and a decrease in strength in labor-intensive industries. This paper analyzes the effect of vertical specialization on China's international industrial competitive strength, explores how different industries have varying reactions under its implementation, and employs theory to explain the possible causes of these reactions. It is found that vertical specialization can help to strengthen China's global industrial competitiveness, and on that basis, some suggestions are given on how to improve that competitiveness.

Suggested Citation

  • ZHANG Xiaodi & SUN Jingwei, 2007. "An analysis of China's global industrial competitive strength based on vertical specialization," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 2(1), pages 57-73, March.
  • Handle: RePEc:fec:journl:v:2:y:2007:i:1:p:57-73
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    File URL: http://journal.hep.com.cn/fec/EN/10.1007/s11459-007-0003-3
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    Citations

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    Cited by:

    1. Amador, João & Cabral, Sónia, 2009. "Vertical specialization across the world: A relative measure," The North American Journal of Economics and Finance, Elsevier, vol. 20(3), pages 267-280, December.
    2. Amador, João & Cabral, Sónia, 2008. "International fragmentation of production in the Portuguese economy: What do different measures tell us?," MPRA Paper 9783, University Library of Munich, Germany.

    More about this item

    Keywords

    vertical specialization; overall labor productivity; industrial competitiveness;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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