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Item Details
Title: CHINA'S TRADE PATTERNS AND INTERNATIONAL COMPARATIVE ADVANTAGE
By: Xiao-Guang Zhang
Format: Electronic book text

List price: £138.00


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ISBN 10: 0333983912
ISBN 13: 9780333983911
Publisher: PALGRAVE MACMILLAN
Pub. date: 19 November, 1999
Series: Studies on the Chinese Economy
Description: This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over the entire reform period.
Synopsis: The outstanding performance of the Chinese economy in the 1980s and 1990s has been widely attributed to economic reforms and open-door policies. This book provides the first comprehensive and quantitative assessment of the impact of reform policies on the Chinese domestic economy at the detailed sectoral level. Beginning with a survey of China's economic reform progress, the author quantitatively measures China's trade performance and the comparative advantage for tradable-good-producing industries over the reform period. To assess resource allocation efficiency, the commodity patterns of China's foreign trade are examined and compared with its underlying international comparative advantage. In tracing the sources of changes in China's trade patterns and comparative advantage, the author also reveals in detail how economic reforms have realigned China's domestic price structure with the rest of the world, and assesses the emergence of China's domestic factor markets during the reform period.
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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