Why Is China So Competitive? Measuring and Explaining China's Competitiveness

This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange and extremely low labor co...

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Main Authors: ADAMS, F. Gerard, Gangnes, Byron, Shachmurove, Yochanan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2004
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Online Access:https://ink.library.smu.edu.sg/soe_research/782
https://ink.library.smu.edu.sg/context/soe_research/article/1781/viewcontent/ChinaCompetitive.pdf
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spelling sg-smu-ink.soe_research-17812019-05-12T07:52:27Z Why Is China So Competitive? Measuring and Explaining China's Competitiveness ADAMS, F. Gerard Gangnes, Byron Shachmurove, Yochanan This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange and extremely low labor costs. It reflects primarily the coincidence of favorable cost conditions with improvements in China’s ability to produce products that meet world market specifications. These improvements are closely related to foreign participation in China’s economy through foreign direct investment and joint venture enterprises. 2004-03-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/782 https://ink.library.smu.edu.sg/context/soe_research/article/1781/viewcontent/ChinaCompetitive.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University China exports comparative advantage competitiveness purchasing power parity exchange rate undervaluation international comparisons foreign direct investment joint ventures Asian Studies Economics International Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic China exports
comparative advantage
competitiveness
purchasing power parity
exchange rate
undervaluation
international comparisons
foreign direct investment
joint ventures
Asian Studies
Economics
International Economics
spellingShingle China exports
comparative advantage
competitiveness
purchasing power parity
exchange rate
undervaluation
international comparisons
foreign direct investment
joint ventures
Asian Studies
Economics
International Economics
ADAMS, F. Gerard
Gangnes, Byron
Shachmurove, Yochanan
Why Is China So Competitive? Measuring and Explaining China's Competitiveness
description This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange and extremely low labor costs. It reflects primarily the coincidence of favorable cost conditions with improvements in China’s ability to produce products that meet world market specifications. These improvements are closely related to foreign participation in China’s economy through foreign direct investment and joint venture enterprises.
format text
author ADAMS, F. Gerard
Gangnes, Byron
Shachmurove, Yochanan
author_facet ADAMS, F. Gerard
Gangnes, Byron
Shachmurove, Yochanan
author_sort ADAMS, F. Gerard
title Why Is China So Competitive? Measuring and Explaining China's Competitiveness
title_short Why Is China So Competitive? Measuring and Explaining China's Competitiveness
title_full Why Is China So Competitive? Measuring and Explaining China's Competitiveness
title_fullStr Why Is China So Competitive? Measuring and Explaining China's Competitiveness
title_full_unstemmed Why Is China So Competitive? Measuring and Explaining China's Competitiveness
title_sort why is china so competitive? measuring and explaining china's competitiveness
publisher Institutional Knowledge at Singapore Management University
publishDate 2004
url https://ink.library.smu.edu.sg/soe_research/782
https://ink.library.smu.edu.sg/context/soe_research/article/1781/viewcontent/ChinaCompetitive.pdf
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