Measurement Of Trade Competitiveness Of Chinese Electrical And Optical Equipment Products And Its Influencing Factors

With the continuous refinement of international division of labor,the production of products is no longer completed by one country alone,but is focused on the production of different value-added links in the value chain according to the size of factor endowments occupied by each country.In the process of division of labor,the cross-border trade of a large number of intermediate products between countries makes the trade volume of the traditional trade accounting method appear "trade illusion",which leads to the trade competitiveness index calculated by the traditional trade accounting method more and more deviate from reality.Therefore,under the new system of international division of labor,the traditional trade accounting methods cannot truly reflect the trade competitiveness of a country's products,and it is urgent to use the accounting method of value-added trade to re-calculate the trade competitiveness of china's electrical and optical equipment products.This paper selects China,Japan,South Korea,the United States,Taiwan,the United Kingdom,Brazil,India,Mexico and Russia as 10 major trading countries and regions,The RCA index of traditional trade perspective and value added trade perspective of electrical and optical equipment products is calculated by TIVA database,and the RCA index calculated by the two algorithms is compared.This paper analyzes the distortion of traditional trade accounting method relative to value added trade accounting method.At the same time,this paper uses RCA index based on the value added trade perspective as the real level to measure the competitiveness of electrical and optical equipment products trade,through the panel regression model to analyze the factors affecting the competitiveness of product trade,the influencing factors are factor intensity.Technical input,industry openness,contribution rate of producer services and value added abroad.First,the RCA index of electrical and optical equipment products measured by two trade accounting methods is slightly different.From 2000 to 2011,the trade competitiveness index of Chinese products was overestimated,while that of the United States,Japan,South Korea,Taiwan,India and Russia was underestimated to varying degrees.The index of trade competitiveness of Brazil and Mexico,which isalso a developing country of processing trade,is overestimated,which seriously distorts the judgment of trade competitiveness of products.Secondly,the paper makes an empirical analysis on the factors influencing the trade competitiveness of electrical and optical equipment products.The results show that factor intensity has a positive effect on the trade competitiveness of products,but it is not significant.The degree of openness and technical input play a significant role in promoting the trade competitiveness of products,while the contribution rate of producer services and the proportion of added value abroad have a significant inhibitory effect on the trade competitiveness of products.Finally,according to the empirical results,the paper puts forward relevant policy recommendations on the improvement of the trade competitiveness of Chinese electrical and optical equipment products.