The Degree of Participation in International Division of Labor of China's Service Industry and the Position Measurement: From the Perspective of Global Value Chain

JOURNAL OF CONTEMPORARY FINANCE AND ECONOMICS ›› 2020, Vol. 0 ›› Issue (1): 104-118.

Previous Articles Next Articles

The Degree of Participation in International Division of Labor of China's Service Industry and the Position Measurement: From the Perspective of Global Value Chain

LUO Liangqing, WEN Ting

Jiangxi University of Finance and Economics, Nanchang 330013, China

Online:2020-01-15 Published:2021-09-29
About author:Luo Liangqing, Ph.D, professor and doctoral supervisor at Jiangxi University of Finance and Economics, mainly engaged in the research of statistical theory and application. Wen Ting, Ph.D, lecturer at Jiangxi University of Finance and Economics, mainly engaged in the research of application of social and economic statistics, E-mail: wenting200528@163.com.

Abstract

Abstract: By selecting the value-added trade data of service industry in China, the United States, the United Kingdom, Japan and Germany from 2000 to 2011, this paper studies the degree of China's service industries participating in the global division of value chain and the positions in international division of labor, then it explores the comparative advantage of service industry between China and the four trading partners. The findings show that the degree of China's service industry participating in international division of labor is gradually deepening, but it is still at the downstream position of global value chain. On the whole, China's service industry has comparative advantages over Japan and Germany, while it has comparative disadvantages over Britain, as for United States, China's service industry has changed from slightly superior to slightly inferior. For different service industries, changes in the positions of international division of labor and the comparative advantages of bilateral trade are different.

Key words: value-added trade, global value chain, position in international division of labor, comparative advantage effect

LUO Liangqing, WEN Ting. The Degree of Participation in International Division of Labor of China's Service Industry and the Position Measurement: From the Perspective of Global Value Chain[J]. JOURNAL OF CONTEMPORARY FINANCE AND ECONOMICS, 2020, 0(1): 104-118.

References

[1] Hummels D., Ishii J., Yi K.M. The Nature and Growth of Vertical Specialization in World Trade[J]. Journal of International Economics, 2001, 54(1):75-96.
[2] Johnson R.C., Noguera G. Accounting for Intermediates: Production Sharing and Trade in Value Added[J]. Journal of International Economics, 2012, 86(2): 224-236.
[3] Koopman R., Powers W., Wang Z., Wei S.J. Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains[R]. NBER Working Paper, No. 16426, 2010.
[4] Koopman R., Wang H.I., Wei S. J. Estimating Domestic Content in Exports When Processing Trade is Pervasive[J]. Journal of Development Economics, 2012, 99(1): 178-189.
[5] Koopman R., Wang Z., Wei S.J. Tracing Value-Added and Double Counting in Gross Exports[J]. American Econom- ic Review, 2014, 104(2): 459-494.
[6] Lau L.J., Chen X. K., Yang C. H., Cheng L. K., Fung K. C., Sung Y. W., Zhu K. F., Pei J. S., Tang Z. P. Input- Occupancy- Output Models of the Non- Competitive Type and Their Application: An Examination of The China- US Trade Surplus[J]. Social Sciences in China, 2010, 31(1):35-54.
[7] Li S., Mao Q.Upstream Monopoly of Manufacturing Industry and Domestic Added Value of Export: Empirical Evidence from China[J]. China Industrial Economics, 2017, (3): 101-119.
[8] Li X.Value Added Statistical Research on Total Trade and Balance of Trade[J]. Statistical Research, 2012, (10): 15-22.
[9] Li X., Xu D.Re-estimation of Dependence and Imbalance of China's Foreign Trade: Value Added Trade in Global Production Chain[J]. Social Sciences in China, 2013, (1): 29-55.
[10] Luo C., Zhang J.Value Added Trade: Empirical Analysis Based on China[J]. Economic Research Journal, 2014, (6): 4-17.
[11] Ma X., He L.Can Integration into Global Value Chain Contribute to Upgrading of Industrial Structure?: Empirical Research Based on Data of“Belt and Road”Countries[J]. Journal of International Trade, 2018, (7): 95-107.
[12] Nath H.K., Liu L., Tochkov K. Comparative Advantages in U.S. Bilateral Services Trade with China and India[J]. Journal of Asian Economics, 2015, 38(1): 79-92.
[13] Tie Y., Huang J.g, Gao X. Rising Labor Cost, Transfer of Processing Trade and Rising Export Value Added Rate[J]. Statistical Research, 2018, (6): 43-55.
[14] Wang Z., Wei S.J. Value Chains in East Asian Production Networks: An International Input-Output Model Based Analysis[R]. U.S. International Trade Commission, Office of Economics. Working Paper, No.2009-10-C, 2009.
[15] Xiang S., Wen T.Re-estimation of Embedded Carbon Emission of China's Foreign Trade: From the Perspective of New Value Added Trade Statistics[J]. International Economics and Trade Research, 2014, (12): 17-29.
[16] Yao X., Mei H., Pu Y.Research on Structural Characteristics and Evolution of International Service Trade Network: From the Perspective of Global Value Chain[J]. Journal of International Trade, 2019, (4): 109-124.
[17] Yuan H., Xu Y.Recalculation of Export Competitiveness of China's Manufacturing Industry from the Perspective of Value Added Trade[J]. Contemporary Finance & Economics, 2017, (12): 98-107.
[18] Yuan Z., Zheng L., Wang Q.Technological Content Measurement of China's Manufactured Goods Export and Cross-Border Comparative Study: Based on Trade Added Value Forward Decomposition Method[J]. Contemporary Finance & Economics, 2018, (2): 105-114.
[19] Zhao J. Differences between China and the United States in Global Trade in Service[N]. China Economic Times, 2018-07-23.

The Degree of Participation in International Division of Labor of China's Service Industry and the Position Measurement: From the Perspective of Global Value Chain

PDF

Knowledge

Abstract

Cite this article

share this article

References

Related Articles 0

Recommended Articles

Metrics