Competitive Advantages of Labor-intensive Manufacturing Industry in China

DOI

10.2991/sshme-16.2016.47How to use a DOI?

Keywords

Labor-intensive Industry, Revealed Comparative Advantages, Error Correction Model.

Abstract

We construct a model between labor costs and revealed comparative advantage index in Chinese manufacturing industry. Using annual data from 1995 to 2014,we found that the two series of labor costs and revealed comparative advantages index are non-stationary. They are in co-integration. The revealed comparative advantages index are from 1.66 to 2.01. The results showed that Chinese labor-intensive industry still maintained a comparative edge in the world, however it has a risk to decline.

Copyright

© 2016, 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  - Jiping Wang
PY  - 2016/06
DA  - 2016/06
TI  - Competitive Advantages of Labor-intensive Manufacturing Industry in China
BT  - Proceedings of the 2016 International Conference on Social Science, Humanities and Modern Education (SSHME 2016)
PB  - Atlantis Press
SP  - 241
EP  - 245
SN  - 2352-5398
UR  - https://doi.org/10.2991/sshme-16.2016.47
DO  - 10.2991/sshme-16.2016.47
ID  - Wang2016/06
ER  -