Opening Up in the 21st Century: A Quantitative Accounting of Chinese Export Growth – HK Online Trade Seminar Series
Dr. Kevin Lim
Assistant Professor of Economics
University of Toronto
Rapid growth in Chinese exports has spurred extensive research investigating its effects on other economies. Yet, the exact causes of China’s export boom remain less well-understood. We quantify the drivers of Chinese exporting using a general equilibrium model, estimated with detailed trade and production data that capture rich heterogeneity across destinations, firm ownerships, production locations, and sectors. Both external (foreign demand) and internal factors (productivity, firm entry, imported input access) were important drivers of high export growth from 2000-2007. A slow-down in export growth after 2007 is largely attributable to the disappearance of internal drivers, reinforced by weakening external factors.
This is a joint seminar organized by HKU, CUHK, City U, HKUST and Lingnan U.
Please contact Xiameng PAN at xmpan@connect.hku.hk for registration.