Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45143
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dc.contributor.authorClaro, Sebastiánen_US
dc.date.accessioned2010-02-16en_US
dc.date.accessioned2011-04-26T07:42:20Z-
dc.date.available2011-04-26T07:42:20Z-
dc.date.issued2008en_US
dc.identifier.isbn978-92-9230-145-3en_US
dc.identifier.urihttp://hdl.handle.net/10419/45143-
dc.description.abstractThree features of China's trade patterns suggest that elements beyond factor abundance explain its export performance. The high penetration in world markets of labourintensive products has been accompanied by: (i) a high share in exports of productivityadvanced foreign-owned enterprises (FIEs), (ii) a high penetration of FIEs in labourintensive sectors, and (iii) a relative high sophistication of China's exports. We show that FDI liberalization endogenously introduces Ricardian features to an otherwise standard endowment-based trade model, strengthening China's natural comparative advantage in labour-intensive products. We discuss how capital accumulation, productivity growth, rural-urban migration, incentives for foreign investment and distortions in financial markets affect this bias. We conclude that policies enhancing domestic firms' production, through productivity growth or capital market distortions, implicitly support the capital-intensive sector. In contrast, policies that encourage FDI, like greater access to China's capital and labour market would shift China's comparative advantage even further towards labour-intensive products.en_US
dc.language.isoengen_US
dc.publisher|aUNU-WIDER |cHelsinkien_US
dc.relation.ispartofseries|aResearch paper / UNU-WIDER |x2008.91en_US
dc.subject.jelF11en_US
dc.subject.jelF15en_US
dc.subject.jelF16en_US
dc.subject.ddc330en_US
dc.subject.keywordcomparative advantageen_US
dc.subject.keywordFDI liberalizationen_US
dc.subject.keywordlabour marketsen_US
dc.subject.keywordChinaen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwAußenhandelsliberalisierungen_US
dc.subject.stwAußenhandelen_US
dc.subject.stwKomparativer Kostenvorteilen_US
dc.subject.stwArbeitsmarkten_US
dc.subject.stwArbeitsintensitäten_US
dc.subject.stwChinaen_US
dc.titleFDI liberalization as a source of comparative advantage in Chinaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn589769707en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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