The Anatomy of China's Export Growth

Decomposing China's real export growth, of over 500 percent since 1992, reveals a number of interesting findings. First, China's export structure changed dramatically, with growing export shares in electronics and machinery and a decline...

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Main Authors: Amiti, Mary, Freund, Caroline
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/05/9473019/anatomy-chinas-export-growth
http://hdl.handle.net/10986/6689
id okr-10986-6689
recordtype oai_dc
spelling okr-10986-66892021-04-23T14:02:31Z The Anatomy of China's Export Growth Amiti, Mary Freund, Caroline ACCOUNTING AGRICULTURE APPAREL COMPARATIVE ADVANTAGE CONSUMERS CUSTOMS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISTRIBUTION OF TRADE ECONOMIC DEVELOPMENT EMERGING MARKET EQUAL SHARE EQUIPMENT EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXPENDITURE EXPORT DIVERSIFICATION EXPORT GROWTH EXPORT PATTERNS EXPORT PRICE EXPORT PRICES EXPORT PROCESSING EXPORT PRODUCTS EXPORT SECTOR EXPORT SECTORS EXPORT SHARE EXPORT SHARES EXPORT STRUCTURE EXPORT VALUE EXPORTER EXPORTS EXTERNALITIES FEDERAL RESERVE FEDERAL RESERVE BANK FOREIGN TRADE FUTURE GROWTH GENERAL EQUILIBRIUM GENERAL EQUILIBRIUM ANALYSIS GINI COEFFICIENT GLOBALIZATION GROWTH IN TRADE IMPORT PRICES IMPORT SHARE IMPORTS INCOME INCOME GROWTH INCOME LEVEL INEQUALITY INTERMEDIATE INPUTS INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL PRICES INTERNATIONAL TRADE ITC LIVING STANDARD LIVING STANDARDS MARKET ACCESS MARKET ACCESS COSTS NATURAL RESOURCES NEW PRODUCT NEW PRODUCTS PRICE CHANGE PRICE INDEX PROFIT MARGINS RAPID GROWTH SPECIALIZATION TELECOMMUNICATIONS TERMS OF TRADE TERMS OF TRADE EFFECTS TERMS-OF-TRADE EFFECT TRADE DATA TRADE EFFECT TRADE LIBERALIZATION TRADE THEORIES TYPEWRITERS VALUE ADDED VALUE OF EXPORTS VALUE OF TRADE VERTICAL SPECIALIZATION WELFARE GAINS WORLD MARKETS WORLD PRICES Decomposing China's real export growth, of over 500 percent since 1992, reveals a number of interesting findings. First, China's export structure changed dramatically, with growing export shares in electronics and machinery and a decline in agriculture and apparel. Second, despite the shift into these more sophisticated products, the skill content of China's manufacturing exports remained unchanged, once processing trade is excluded. Third, export growth was accompanied by increasing specialization and was mainly accounted for by high export growth of existing products (the intensive margin) rather than in new varieties (the extensive margin). Fourth, consistent with an increased world supply of existing varieties, China's export prices to the United States fell by an average of 1.5 percent per year between 1997 and 2005, while export prices of these products from the rest of the world to the United States increased by 0.4 percent annually over the same period. 2012-05-30T19:17:53Z 2012-05-30T19:17:53Z 2008-05 http://documents.worldbank.org/curated/en/2008/05/9473019/anatomy-chinas-export-growth http://hdl.handle.net/10986/6689 English Policy Research Working Paper; No. 4628 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific China
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACCOUNTING
AGRICULTURE
APPAREL
COMPARATIVE ADVANTAGE
CONSUMERS
CUSTOMS
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DISTRIBUTION OF TRADE
ECONOMIC DEVELOPMENT
EMERGING MARKET
EQUAL SHARE
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXPENDITURE
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT PATTERNS
EXPORT PRICE
EXPORT PRICES
EXPORT PROCESSING
EXPORT PRODUCTS
EXPORT SECTOR
EXPORT SECTORS
EXPORT SHARE
EXPORT SHARES
EXPORT STRUCTURE
EXPORT VALUE
EXPORTER
EXPORTS
EXTERNALITIES
FEDERAL RESERVE
FEDERAL RESERVE BANK
FOREIGN TRADE
FUTURE GROWTH
GENERAL EQUILIBRIUM
GENERAL EQUILIBRIUM ANALYSIS
GINI COEFFICIENT
GLOBALIZATION
GROWTH IN TRADE
IMPORT PRICES
IMPORT SHARE
IMPORTS
INCOME
INCOME GROWTH
INCOME LEVEL
INEQUALITY
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL PRICES
INTERNATIONAL TRADE
ITC
LIVING STANDARD
LIVING STANDARDS
MARKET ACCESS
MARKET ACCESS COSTS
NATURAL RESOURCES
NEW PRODUCT
NEW PRODUCTS
PRICE CHANGE
PRICE INDEX
PROFIT MARGINS
RAPID GROWTH
SPECIALIZATION
TELECOMMUNICATIONS
TERMS OF TRADE
TERMS OF TRADE EFFECTS
TERMS-OF-TRADE EFFECT
TRADE DATA
TRADE EFFECT
TRADE LIBERALIZATION
TRADE THEORIES
TYPEWRITERS
VALUE ADDED
VALUE OF EXPORTS
VALUE OF TRADE
VERTICAL SPECIALIZATION
WELFARE GAINS
WORLD MARKETS
WORLD PRICES
spellingShingle ACCOUNTING
AGRICULTURE
APPAREL
COMPARATIVE ADVANTAGE
CONSUMERS
CUSTOMS
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DISTRIBUTION OF TRADE
ECONOMIC DEVELOPMENT
EMERGING MARKET
EQUAL SHARE
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXPENDITURE
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT PATTERNS
EXPORT PRICE
EXPORT PRICES
EXPORT PROCESSING
EXPORT PRODUCTS
EXPORT SECTOR
EXPORT SECTORS
EXPORT SHARE
EXPORT SHARES
EXPORT STRUCTURE
EXPORT VALUE
EXPORTER
EXPORTS
EXTERNALITIES
FEDERAL RESERVE
FEDERAL RESERVE BANK
FOREIGN TRADE
FUTURE GROWTH
GENERAL EQUILIBRIUM
GENERAL EQUILIBRIUM ANALYSIS
GINI COEFFICIENT
GLOBALIZATION
GROWTH IN TRADE
IMPORT PRICES
IMPORT SHARE
IMPORTS
INCOME
INCOME GROWTH
INCOME LEVEL
INEQUALITY
INTERMEDIATE INPUTS
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL PRICES
INTERNATIONAL TRADE
ITC
LIVING STANDARD
LIVING STANDARDS
MARKET ACCESS
MARKET ACCESS COSTS
NATURAL RESOURCES
NEW PRODUCT
NEW PRODUCTS
PRICE CHANGE
PRICE INDEX
PROFIT MARGINS
RAPID GROWTH
SPECIALIZATION
TELECOMMUNICATIONS
TERMS OF TRADE
TERMS OF TRADE EFFECTS
TERMS-OF-TRADE EFFECT
TRADE DATA
TRADE EFFECT
TRADE LIBERALIZATION
TRADE THEORIES
TYPEWRITERS
VALUE ADDED
VALUE OF EXPORTS
VALUE OF TRADE
VERTICAL SPECIALIZATION
WELFARE GAINS
WORLD MARKETS
WORLD PRICES
Amiti, Mary
Freund, Caroline
The Anatomy of China's Export Growth
geographic_facet East Asia and Pacific
China
relation Policy Research Working Paper; No. 4628
description Decomposing China's real export growth, of over 500 percent since 1992, reveals a number of interesting findings. First, China's export structure changed dramatically, with growing export shares in electronics and machinery and a decline in agriculture and apparel. Second, despite the shift into these more sophisticated products, the skill content of China's manufacturing exports remained unchanged, once processing trade is excluded. Third, export growth was accompanied by increasing specialization and was mainly accounted for by high export growth of existing products (the intensive margin) rather than in new varieties (the extensive margin). Fourth, consistent with an increased world supply of existing varieties, China's export prices to the United States fell by an average of 1.5 percent per year between 1997 and 2005, while export prices of these products from the rest of the world to the United States increased by 0.4 percent annually over the same period.
format Publications & Research :: Policy Research Working Paper
author Amiti, Mary
Freund, Caroline
author_facet Amiti, Mary
Freund, Caroline
author_sort Amiti, Mary
title The Anatomy of China's Export Growth
title_short The Anatomy of China's Export Growth
title_full The Anatomy of China's Export Growth
title_fullStr The Anatomy of China's Export Growth
title_full_unstemmed The Anatomy of China's Export Growth
title_sort anatomy of china's export growth
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/05/9473019/anatomy-chinas-export-growth
http://hdl.handle.net/10986/6689
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