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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2004
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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 |
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China exports comparative advantage competitiveness purchasing power parity exchange rate undervaluation international comparisons foreign direct investment joint ventures Asian Studies Economics International Economics |
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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 |
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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. |
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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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1770569289594568704 |