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China's Trade Patterns and International Comparative Advantage

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China's Trade Patterns and International Comparative Advantage 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.

About This Edition

ISBN: 9780312225711
Publication date:
Author: NA NA
Publisher: Palgrave Macmillan an imprint of Palgrave Macmillan UK
Format: Hardback
Pagination: 254 pages
Series: Studies on the Chinese Economy
Genres: Asian history
Politics and government