What's So Special about China's Exports?
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.
|Date of creation:||Jan 2006|
|Date of revision:|
|Publication status:||published as Rodrik, Dani. "What's So Special about China's Exports?." China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences 14, 5 (2006) 1-19.|
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- Jorg Mayer & Adrian Wood, 2001. "South Asia's Export Structure in a Comparative Perspective," Oxford Development Studies, Taylor & Francis Journals, vol. 29(1), pages 5-29.
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"Economic Development as Self-Discovery,"
NBER Working Papers
8952, National Bureau of Economic Research, Inc.
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- Hausmann, Ricardo & Rodrik, Dani, 2002. "Economic Development as Self-Discovery," Working Paper Series rwp02-023, Harvard University, John F. Kennedy School of Government.
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"What You Export Matters,"
NBER Working Papers
11905, National Bureau of Economic Research, Inc.
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