Research On The Optimization Of Export Commodity Structure In Zhejiang Province

The main motive force of economic growth is foreign trade which was faced with severe challenges due to the shortage of international market demand,the depression of export price,the increasing cost of labor force and the difficulty of finance in Zhejiang province.Comprehensive analysis of the structure of export commodity and research of technological status of export commodity and international division of foreign trade enterprise of Zhejiang province are two of the key problems that realize a good development of export trade in Zhejiang province.The theory of dynamic comparative advantage is the main theory about researching the structure of export commodity of a region and it’s the improvement and extension of constraint condition about comparative advantage theory,and its core value is about that an industry without comparative advantage of a region establishes competitive advantage,to change the structure of export commodity and led to improvement of the division in global value chain under the effects of various factors.The fundamental way that improve the dynamic comparative advantage of a region is to change the structural element,then to make the element moving relative to the price and the change of production cost,these reasons will result in the price of export commodity and international competitiveness change,finally promote the dynamic evolution of comparative advantage.The driving force of the theory of dynamic comparative advantage is the integration of capital,the accumulation and flow of labor and technological progress,which result in the production costs reduce.In a word,the improvement of international division status and the change of trade pattern are two of the origin that decide the dynamic evolution of comparative advantage.This article made a statistics of dynamic evolution of comparative advantage and export commodity of Zhejiang province in recent years and analyzed the element which has affected them,and analyze the trends and causes of the two changes,and has found the two part have positive correlation with each other,meanwhile it indicated that the improvement of factor endowment,technical progress,and market power have positive impact on the structure optimization of export commodity.Secondly,it can be declared that the product has been moved from the resource-intensive products having comparative advantage to the capital-intensive and technology-intensive product having comparative advantage by calculating the competitiveness index of export commodity,and in recent years,Zhejiang still has comparative advantage in labor-intensive products.these indicated that comparative advantage along the path evolution of technological content of export commodities.Next,the technical complexity of export commodities in Zhejiang province from 2004 to 2014 which has been built a measurement model with material capital,human capital,technological progress and government policy was chose as the indexes of the dynamic evolution of comparative advantage,and it found that the increased human capital and its efficiency improvement is the important acting factor of the dynamic evolution of comparative advantage in Zhejiang province with the help of Eviews8.0 statistical analysis software due to the method of analysis such as,linear regression,stepwise regression and principal component analysis,and technological progress and accumulation of material capital play a secondary role.Meanwhile,it should been pay attention to the function of the formation of international market forces from government policy.Finally,this article has raise several policy advice from many parts according to the accumulation of foundation in human capital and improving the efficiency of human capital,developing the effect of material capital and human capital and improving ability to the innovate in science and technology,improving the efficiency of factor allocation and optimizing the structure of Industry.Based on these things,the structure of export commodity can be realize optimal and the overall strength of foreign economy can be improved.