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Comparative Study of Processing Trade and Ordinary Trade’s Impact on China’s Economic Growth

Author: MaXin
Tutor: LiuHouJun
School: Nanjing University
Course: World economy
Keywords: Processing trade Economic growth Lag model Empirical Analysis Technology Spillover Cointegration Product Structure Comparative advantage Import trade Economies of scale Trade patterns Human Capital Optimal allocation of resources Primary Industry Concluded GDP International trade Theoretical analysis Secondary industry Technical progress
CLC: F752.6;F124
Type: Master's thesis
Year: 2011
Downloads: 401
Quote: 1
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Abstract


Processing trade and general trade belong to different trade patterns , trade patterns within the former part of the product , which belong to the traditional pattern of trade , the two differences in economic growth would impact . In the current international division of labor and products within the context of economic globalization , our country is involved in processing trade as the typical morphology of the division of labor within the product . Compared with the general trade , processing trade, we are able to re- recognize the impact on economic growth in the future participation in the international division of labor , the more objective view of the processing trade to play its role, especially in the financial crisis triggered by the \. This article first on trade and economic growth in the literature for a more comprehensive analysis , and then try from a comparative advantage theory , technology spillovers , upgrading of industrial structure , economies of scale analysis and comparison of four aspects of the processing trade and general trade impact on economic growth , concluded : processing trade impact on economic growth than general trade on economic growth. On this basis , we adopted cointegration equation , and dynamic lag model , empirical analysis to verify the theoretical correctness . Subsequently, the empirical results we carried out further explanation . Finally, the text made ??a conclusion , and try to provide policy recommendations with a view of the correct understanding of China's current participation in international division of labor and how to better promote China 's economic growth will certainly help .

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CLC: > Economic > The world economic profiles,economic history,economic geography > China's economy > Economic construction and development
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