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Factor Price Distortion And Its Impact On Service Export

Posted on:2018-05-15Degree:MasterType:Thesis
Country:ChinaCandidate:J W WuFull Text:PDF
GTID:2359330542966784Subject:World economy
Abstract/Summary:PDF Full Text Request
China's rapid development of trade in services,by 2015,total exports reached 288.19 billion US dollars.Study the influencing factors of trade in services,can understand the level of development of the service industry,improve the competitiveness of the service industry,increase the export of China's service industry.Service exports can stimulate the growth of gross domestic product,will play the role of increased employment,trade in services to environmental pollution is small,is conducive to China's economic low-carbon operation.In addition,trade in services is an important growth driver for international trade in the future.Therefore,the importance of research on the factors of export growth is self-evident.Studying the factors influencing the export of servicc industry can improve the development level of service industry.There are more studies on the trade effects of factor prices.But most of the literature and more concentrated in the manufacturing sector,few literature research elements of the price distortions on the impact of China's trade in services exports.To study the impact of factor price distortions on the export of China's service trade,so as to further deepen the understanding of China's factor market and to provide a policy basis for the healthy and orderly development of China's service industry.The first chapter is the introduction,including background,meaning,lesearch methods and ideas,literature review and innovation,shortcomings.The second chapter is the theoretical mechanism of the analysis of the theoretical mechanism,which is divided into the influence of factor price distort on the export of service trade.The third chapter is the measure and characteristic of the distortion of the Chinese factor,introduces the embodiment of the factor market distortions in four aspects:labor force,capital,land and resources,and then analyzes the causes of the distortion of the factor market.The C-D function is used to measure the price twist.The results show that the overall distortion is the highest financial sector,the overall distortion is the lowest real estate industry,from the annual trend of change,the total distortion showed a slight increase,and then gradually reduced the trend.The fourth chapter is the analysis of the status quo of China's service industry.The fifth chapter is the empirical analysis of the growth of factor export in China,including statistical description,model construction and regression,endogenous test and robustness test.The paper chooses the fixed effect model and the tool variable method to return the selected variables from 2005 to 2013,and obtains the influence of factor price distortions on the export of service.Chapter 6 is the conclusion and policy recommendations.The impact of factor price distortions on the export of services is the following:the effect of factor price distortions on China's export trade is significantly positive.At the same time,the improvement of service opening has promoted the export of service trade.China's trade in services to enhance the competitiveness of China's trade in services to increase exports.The added value of the industry has a positive effect on the growth of export services.R&D investment on the service trade exports also play a positive role.Finally,To sum up,the paper lists the development proposals of this paper:deepening the reform of factor market,changing the government-oriented distribution model and improving the opening degree of capital market.
Keywords/Search Tags:Service Trade, Factor Price Distortion, Export Growth
PDF Full Text Request
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