The China price: Evidence and some implications
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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad de Chile
2006
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| _version_ | 1876474324219592704 |
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| 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 Chinas 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 ofChinas 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 Chinas 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 ofChinas 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 |