China's Service Trade and Service Industry Growth - An Empirical Analysis from the Aspect of Factor Intensity
Available Online February 2017.
- https://doi.org/10.2991/mmetss-16.2017.56How to use a DOI?
- Service industry growth, Service imports and exports, Factor intensity, VEC model.
- China's service industry has grown rapidly since 1997, and meanwhile the service imports and exports also increased at a great speed, indicating a link between China's service trade and service industry GDP. This paper separates services into three categories by factor intensity and conducts an empirical analysis with vector error-correction (VEC) models. The results find that there is a long-run relationship among China's service industry outputs, labor-intensive service trade, capital-intensive service trade and knowledge-intensive service trade. Among the three types of services, only labor-intensive service exports, capital-intensive imports and knowledge-intensive imports have an impact on the growth of China's service industry.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Ke Xuan PY - 2017/02 DA - 2017/02 TI - China's Service Trade and Service Industry Growth - An Empirical Analysis from the Aspect of Factor Intensity BT - Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/mmetss-16.2017.56 DO - https://doi.org/10.2991/mmetss-16.2017.56 ID - Xuan2017/02 ER -