Analysis on Factor Decomposition Effect of Export on Economic Growth in China: Global Value Chain Perspective

DOI

10.2991/icemaess-18.2018.129How to use a DOI?

Keywords

Domestic trade in value added, Export Contribution to GDP, Global value chain, Factor decomposition analysis

Abstract

In the context of new international division of labor (NIDL) and deepening trend of the Global Value Chain (GVC), the traditional trade statistics faces “double accounting” issue. A new methodology that measures trade in domestic value-added can solve this problem. In this paper, we use the new method to calculate Export Contribution to GDP (ECG) in China by the WIOD database. The paper also analyzes the factors effect ECG in China by industrial structure decomposition analysis. The results show that in 1995-2009, the demand scale effect was the most crucial positive factor for the ECG, while the Vax (Value-added export ratio) effect is negative, which shows the increasing intensity of their participation in the global value chain. China have increased the ECG by turning labor-intensive products to technology-intensive and capital-intensive products. China should continue to improve the export structure and develop services to enhance the pulling effect of export on economic growth.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Guojiao Zheng
PY  - 2018/11
DA  - 2018/11
TI  - Analysis on Factor Decomposition Effect of Export on Economic Growth in China: Global Value Chain Perspective
BT  - Proceedings of the 2018 5th International Conference on Education, Management, Arts, Economics and Social Science (ICEMAESS 2018)
PB  - Atlantis Press
SP  - 635
EP  - 641
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemaess-18.2018.129
DO  - 10.2991/icemaess-18.2018.129
ID  - Zheng2018/11
ER  -