The China price: Evidence and some implications

Fuente: Redalyc
Salvato in:
Dettagli Bibliografici
Autore principale: Sebastián Claro
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad de Chile 2006
Soggetti:
Accesso online:
Tags: Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
_version_ 1876474324219592704
author Sebastián Claro
author_facet Sebastián Claro
contents The China price: Evidence and some implications Sebastián Claro Roberto Álvarez Economía y Finanzas China imports price extensive margin intensive margin import penetration China’s import penetration in Chilean markets is higher in unskilled-laborintensive sectors as predicted by traditional endowment-based theories ofcomparative advantage. However, there is also evidence of within-industryspecialization. In particular, high-income countries receive higher prices forits products, and Chinese products are not only cheaper in comparison to theworld average but also relative to countries with similar income per capita.These price differences cannot account for the depth and sectoral distribution ofChina’s import penetration. The relative price of Chinese products have stayedrelatively constant since the beginning of the 1990s, which means that factorsother than price, like quality upgrading, productivity growth or the access offoreign direct investment are crucial to explain the Chinese import boom. 2006 artículo científico 0304-2758 https://www.redalyc.org/articulo.oa?id=22133202 en http://www.redalyc.org/revista.oa?id=221 Estudios de Economía application/pdf Universidad de Chile Estudios de Economía (Chile) Num.2 Vol.33
format Artículo científico
id redalyc_22133202
institution Redalyc
language en
publishDate 2006
publisher Universidad de Chile
spellingShingle The China price: Evidence and some implications
Sebastián Claro
Economía y Finanzas
China
imports price
extensive margin
intensive margin
import penetration
The China price: Evidence and some implications Sebastián Claro Roberto Álvarez Economía y Finanzas China imports price extensive margin intensive margin import penetration China’s import penetration in Chilean markets is higher in unskilled-laborintensive sectors as predicted by traditional endowment-based theories ofcomparative advantage. However, there is also evidence of within-industryspecialization. In particular, high-income countries receive higher prices forits products, and Chinese products are not only cheaper in comparison to theworld average but also relative to countries with similar income per capita.These price differences cannot account for the depth and sectoral distribution ofChina’s import penetration. The relative price of Chinese products have stayedrelatively constant since the beginning of the 1990s, which means that factorsother than price, like quality upgrading, productivity growth or the access offoreign direct investment are crucial to explain the Chinese import boom. 2006 artículo científico 0304-2758 https://www.redalyc.org/articulo.oa?id=22133202 en http://www.redalyc.org/revista.oa?id=221 Estudios de Economía application/pdf Universidad de Chile Estudios de Economía (Chile) Num.2 Vol.33
title The China price: Evidence and some implications
topic Economía y Finanzas
China
imports price
extensive margin
intensive margin
import penetration
url https://www.redalyc.org/articulo.oa?id=22133202