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Research on the Reasons for the Trade Surplus of China

Author: ChenShunPing
Tutor: LiXiuMin
School: Northeast Normal University
Course: World economy
Keywords: Trade surplus Comparative advantage HOV model Input-output method
CLC: F752.6
Type: Master's thesis
Year: 2010
Downloads: 476
Quote: 0
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Abstract


Since China's reform and opening up three decades , China 's trade surplus continued to increase. In 2009 , China's annual trade surplus of 196.07 billion U.S. dollars , the Sino-US trade surplus accounted for 73 percent of China's trade surplus , China is experiencing a huge trade surplus with the troubled , especially in the context of the global financial crisis , trade protectionism , China 's trade surplus increasing pressure brought huge surplus of Sino-US trade in the context of the financial crisis . Domestic and foreign scholars , most people think that China 's huge surplus in China's comparative advantage over Lin Yifu do not think so , he pointed out that the implementation of China's comparative advantage strategy is not the main cause surplus , but the other major trading partner countries did their comparison trade advantages . This article from the perspective of comparative advantage based on factor endowments study the reasons for the formation of China's trade surplus , the use of the HOV model , and uses the classic Leontief input-output method , an empirical test of China 's import and export trade . Finally, sort of the import and export of various products sector structure the proportion of its capital -labor-content ratio and comparative study . This paper studies the following conclusions can be drawn : (1) an empirical test using the classic Leontief input-output method and specific product sectors , come to our country to follow the principle of comparative advantage trade . (2 ) sort Comparative Study on the import and export of various products sector structure the proportion of its capital -labor-content ratio , we found that the product sector in China's foreign trade , import and export structure the proportion of all first row is a \products , China is very low added value of the value chain of the intermediate links in the production of such products . Finally, the summary of the inadequacies in the course of the study , put forward ideas and proposals for the future in-depth research . And pointed out that the in-depth study in future research can be conducted on the the our the factor endowments classification and stock , in factor endowments classification , the proposed human capital is an important research direction .

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CLC: > Economic > Trade and Economic > States foreign trade > China's foreign trade > Import and Export Trade Overview
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