KMS Of Academy of mathematics and systems sciences, CAS
| Distinguishing China's processing trade in the world input-output table and quantifying its effects | |
Chen, Quanrun1; Zhu, Kunfu2; Liu, Peng3; Chen, Xiangyin4; Tian, Kailan4; Yang, Lianling4; Yang, Cuihong4,5
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| 2019-07-03 | |
| Source Publication | ECONOMIC SYSTEMS RESEARCH
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| ISSN | 0953-5314 |
| Volume | 31Issue:3Pages:361-381 |
| Abstract | Distinguishing processing trade is crucial to national input-output table-based research on China's international trade. This paper further investigates the importance of distinguishing China's processing trade in multicountry input-output table-based studies. We focus on the bias in China's bilateral trade in value added caused by China's undistinguished processing trade. We construct a product-by-product world input-output table capturing China's processing trade based on the World Input-Output Database. Empirical studies show that, if China's processing trade is undistinguished, the profile of China's bilateral trade in value added would be seriously distorted; China's bilateral net trade in value added with some economies, such as Japan, Korea and Taiwan, would be significantly underestimated, while it would be significantly overestimated for some other economies, such as the United States. Distinguishing processing trade in multicountry input-output tables is also crucial when China's bilateral trade in value added is considered. |
| Keyword | Processing trade world input-output table China trade in value added bias |
| DOI | 10.1080/09535314.2018.1534225 |
| Language | 英语 |
| Funding Project | National Natural Science Foundation of China[71201162] ; National Natural Science Foundation of China[71125005] ; National Natural Science Foundation of China[71673269] ; National Natural Science Foundation of China[61273208] ; Ministry of Commerce of China[TAHP-2015-ZB-365] ; 111 project[B18014] ; 'Fundamental Research Funds for the Central Universities' in UIBE[16QN07] ; 'Fundamental Research Funds for the Central Universities' in UIBE[17Q10] ; 'Fundamental Research Funds for the Central Universities' in UIBE[CXTD9-07] |
| WOS Research Area | Business & Economics |
| WOS Subject | Economics |
| WOS ID | WOS:000482843400005 |
| Publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD |
| Citation statistics | |
| Document Type | 期刊论文 |
| Identifier | http://ir.amss.ac.cn/handle/2S8OKBNM/33320 |
| Collection | 系统科学研究所 |
| Corresponding Author | Chen, Quanrun |
| Affiliation | 1.Univ Int Business & Econ, Sch Stat, Beijing, Peoples R China 2.Univ Int Business & Econ, Res Inst Global Value Chains, Beijing, Peoples R China 3.Guangzhou Univ, Sch Management, Guangzhou, Guangdong, Peoples R China 4.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China 5.Univ Chinese Acad Sci, Beijing, Peoples R China |
| Recommended Citation GB/T 7714 | Chen, Quanrun,Zhu, Kunfu,Liu, Peng,et al. Distinguishing China's processing trade in the world input-output table and quantifying its effects[J]. ECONOMIC SYSTEMS RESEARCH,2019,31(3):361-381. |
| APA | Chen, Quanrun.,Zhu, Kunfu.,Liu, Peng.,Chen, Xiangyin.,Tian, Kailan.,...&Yang, Cuihong.(2019).Distinguishing China's processing trade in the world input-output table and quantifying its effects.ECONOMIC SYSTEMS RESEARCH,31(3),361-381. |
| MLA | Chen, Quanrun,et al."Distinguishing China's processing trade in the world input-output table and quantifying its effects".ECONOMIC SYSTEMS RESEARCH 31.3(2019):361-381. |
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