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Exploration On The Evolution Of Foreign Tradestructure For Pursuing Countries

Posted on:2014-06-09Degree:MasterType:Thesis
Country:ChinaCandidate:T Y WangFull Text:PDF
GTID:2269330428962288Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
With the advance of economic globalization and rapid development of economy, some pursuing countries present the imbalance between two kinds of income, one is measured by dollars and the other is measured by local currency. The imbalances have a certain influence on the change of the foreign trade structure. Changes in income can be measured by income growth rates, which represent different contents, the income growth rate measured by local currency represent labor productivity growth. The difference between income growth rate measured by dollar and real growth rate in per capita represent cost growth rate measured by dollar and income growth rate measured by dollars per capita.In the international comparison, the changes of relative cost between countries can be measured by two kinds of per capita income growth rates. The different between income growth rate measured by dollar and income growth rate measured by local currency is bigger, the relative cost is higher.For a country, the relative cost changes reflects the changes of relative competitiveness in the international market, and changes of relative competitiveness in the international market also affect the change of the development environment and foreign trade structure in the world.If a country have stronger international competitiveness, its export products will have advantages in the similar products in the international market, facing better international environment, which is beneficial to the economic development of the country; on the contrary, if a country have weaker international competitiveness, its export products will have no advantages in the similar products in the international market, international environment deteriorates and the development of this country will be frustrated.During the stage that real income growth rate faster than nominal income growth rate, The resident’s income level is relatively low, Their consumption capacity is slower than provision of international product. People mostly buy domestic low quality and cheap goods, Consumer goods and high-grade commodities account for small percent of imports; The growth rate of labor productivity faster than the increase of production cost, The international competitiveness of labor-intensive products is raising, Hence labor-intensive products as a proportion of imports is rising gradually. During the stage that real income growth rate slower than nominal income growth rate, with the residents’income level increased relatively, they began to pursue the improvement of the quality of life, the demand for high-grade commodities increasing. However, the development of domestic industry is lagging relatively, the structure of demand and production out of balance, people’s demand for luxury goods turn to abroad, Consumer goods and luxury goods as a proportion of imports is rising gradually; Meanwhile, the increase speed of cost faster than that of labor productivity compared to other county. The international competitiveness of labor-intensive products is weakening, the international market of labor-intensive products is atrophying. The proportion of labor-intensive products in exports declined.The foreign trade structure include foreign trade merchandise structure, foreign trade mode structure, foreign trade model structure and foreign trade regional structure. This paper is the study of foreign trade merchandise structure. The paper divide import cargoes into consumer goods, capital goods and intermediate goods based on SNA classification criteria, and divide the consumer goods into high-grade commodities and low-grade commodities further. Using the proportion of there four commodities in imports measure import structure change, moreover, paper divide export cargoes into labor-intensive products, resource-intensive products and capital and technology-intensive products based on international trade classification standard(SITC classification method), Using the proportion of above three commodities in exports measure export structure change.This article taking Thailand, Indonesia, Malaysia, Argentina, China as examples, ignoring two kinds of income growth rate, analyzing how the imbalance of two income growth rate affect foreign trade structure from special perspective, Seeking similarity of foreign trade structure change in the different stages of pursuing countries. Investigating the evolution of foreign trade structure for pursuing countries. Compared the change of import structure and export structure in two stages of five pursuing countries, we can see that there are certain historical similarity among trade structure change. Also this kind of change is corresponding with the imbalance of two kind income growth rates. At the same time build covariance analysis model (ANCOVA Model),taking Thailand, Indonesia as examples, empirical analysis the effect on trade structure change by imbalance of two rates, GDP, FDI. The empirical results show that the imbalance of two income growth rates have an significant effect on the import and export commodity structure.In the last part of the article, analysis china’s foreign trade general situation, import and export structure in recent years. Emphasize that the change of china’s import and export structure conform to the evolution of foreign trade structure at different stages of pursuing countries. On the basis of the above analysis to propose specific policy and presented further research work, in order to promote foreign trade structure of our country to be more perfect and the development of foreign trade to be more healthy and stable. At different stages of economic development, the evolution of foreign trade structure for pursuing countries has a law, that is the change of foreign trade structure is evolving with the level of economic development which is a natural evolution process.Researching and analyzing the evolution of pursuing countries’ foreign trade structure roundly, systematically and deeply on the basis of two kinds of income can judge the current stage of china’economy and foreign trade. Besides, Not only has theoretical significance but also has more practical significance for the improvement and optimization of trade structure in China.
Keywords/Search Tags:income growth rate measured by dollar, incomegrowth rate in real terms measured by local currency, pursuingcountries, trade structure
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