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The Positivist Analysis Of Comparative Advantage Of Chinese Machinery And Transport Equipment

Posted on:2007-05-20Degree:MasterType:Thesis
Country:ChinaCandidate:Z L ChengFull Text:PDF
GTID:2189360212479902Subject:International Trade
Abstract/Summary:PDF Full Text Request
After the theory of comparative advantage was born, it has experienced Ricardo's theory of comparative advantage which is based on labor productivity and Heckscher-Ohlin's theory of comparative advantage which is based on resource endowment. After the Second World War, with the range, depth, and method of theoretically studying expanding, deepening and upgrading, the way of studying of comparative advantage turned into dynamic analysis from static analysis. The dynamic comparative advantage theory is mainly about the long-term change tendency of the comparative advantage and the decisive factors which cause the change of the comparative advantage. To a certain extent, it has solved the contradiction between the static comparative advantage theory and the developing country's economic development. So it could provide the theoretical reference for the developing countries to make the economic strategy that is suitable for their national condition.With the acceleration of the global economy integration, the total volume of world import and export has increasingly expanded. In 2004, China has taken a great leap, and became the third largest trade nation in the world. Among all the export commodities, the increase of machinery and transport equipment's export is rapidest and most obvious. Therefore, it is necessary to make an analysis about whether China's machinery and transport equipment have comparative advantages.This thesis reviews the history of the comparative advantage theory at first and points out their different influences on the developing countries' economic development. Then the thesis explains the forms and the decisive factors of the comparative advantage in detail and analyses the inherent mechanism under which these factors impel the comparative advantage to change. Then, Using the RCA index and NRX index, this paper analyzes the comparative advantage of machinery and transport equipment. Finally, according to the law of the change of the dynamic comparative advantage, the thesis makes the economic strategy of China.
Keywords/Search Tags:Comparative advantage, Revealed comparative advantage, Ratio of net export, SITC
PDF Full Text Request
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