The Study Of The Accounting And Influencing Factors Of The Value-added Export In China

Since joining the WTO,China has deeply integrated into the global division of labor and created achievements that have attracted worldwide attention.Today,“fragmented” trade has become one of the main forms of global trade,so the original international trade accounting method is no longer applicable.Now the international trade is in urgent need of new value-added trade accounting methods,because it can accurately measure the actual import and export volume of one country.It is of great significance for the healthy and stable development of international trade.This paper uses Ti VA database and WIOD database to measure and analyze the status quo of China’s value-added exports,and uses input-output analysis to study the factors affecting China’s value-added exports.The difference with the existing research is that,firstly,this paper distinguishes from the previous research and defines the research object as China’s value-added export,and the actual value-added export of China is calculated from the perspective of final consumption.Second,On the basis of defining the scope of research,a series of indicators are used to describe the status quo of China’s value-added exports from the perspective of time dimension and horizontal comparison.Conduct self-analysis of China’s value-added exports,comparative analysis with trading partners and industry and final flow.Thirdly,this paper uses two methods of component decomposition and structural decomposition to study the main factors affecting China’s value-added exports.In the structural decomposition method,the influence of global production division of labor on China’s value-added exports is analyzed and further study of the value-added exports resulting from final demand is conducted.Finally,the paper draws the following conclusions: First,China’s value-added export ratio can be divided into four stages,which showed an upward trend before2008,and gradually declined after the financial crisis.It climbed slowly from 2011 to2014 but increased after 2014.Compared with major economies,China’s value-added rate is at a medium level.China’s participation in the global value chain has been high and its status has been rising.From the perspective of the industry,China’s service industry’s value-added rate has grown rapidly,and the mining industry is no longer a major value-added export industry.In the subdivided manufacturing industry,the four major industries such as the textile and garment industry,have become the industries that can create more value-added exports.In addition,China’s added value is increasingly flowing to some developing countries with better economic development in Asia.Secondly,from the perspective of influencing factors analysis,the factors affecting China’s value-added exports from the structural perspective are the value-added coefficient,the global division of labor,and the final needs of othercountries in the world.The empirical results after adding the perspective of industrial linkages show that the final demand is the biggest factor affecting China’s value-added exports.And then by international industry relations,The change of the value-added coefficient has a negative correlation with the change of China’s value-added exports.It is generally not conducive to China’s value-added exports,but this inhibition is on a downward trend.Further research found that during the reporting period,the impact of the final demand of developed economies on China’s value-added exports is gradually decreasing,and the international industry correlation effect has become the most important factor.This phenomenon is not reflected in the developing economies given in the input-output table.The final demand of developing economies is still the main factor driving China’s value-added exports.