China's qualitative economic transformation / Xianming Yang, editor ; translated by Fuyu Chen.
Yang, Xianming, 1953- author.
2023
HC427.95
Available Online

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Title China's qualitative economic transformation / Xianming Yang, editor ; translated by Fuyu Chen.
ISBN 9789811944376 (electronic bk.)
9811944377 (electronic bk.)
9789811944369
9811944369
DOI https://doi.org/10.1007/978-981-19-4437-6
Published Singapore : Palgrave Macmillan, [2023]
Copyright ©2023
Language English
Language Note Translated from the Chinese.
Description 1 online resource (xiii, 309 pages) : illustrations
Item Number 10.1007/978-981-19-4437-6 doi
Call Number HC427.95
Dewey Decimal Classification 330.951
Summary This book explores the challenges China has faced during its economic restructuring, including trade wars, rising costs of labor and land, climate change, recalcitrant state-owned enterprises, an aging population and other problems. Since its historic reform and opening up, China has achieved and sustained remarkable economic growth driven primarily by manufacturing and the real estate industry. As the country continues to move up the supply chain, "Made in China," once synonymous with poor quality, but has come to mean advanced technologies. Chinas future economic growth and its success in economic restructure will depend crucially on the dynamic evolution of the countrys comparative advantages. Contributors examine how the dynamic evolution of Chinas comparative advantages can help the country overcome two closely related problems: heavy dependence on low value-added exports and the prospects of falling into the middle-income trap. The book will be of value to researchers interested in Chinas economic development and policies. Xianming Yang is a professor and doctoral student supervisor at the Development Institute of Yunnan University and chair of the Yunnan Economic Association. .
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed March 17, 2023).
Added Author Yang, Xianming, 1953- author.
Available in Other Form Print version: 9789811944369
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Intro
Contents
List of Contributors
List of Figures
List of Tables
Chapter 1: Why the Dynamic Evolution of China's Comparative Advantages Must Be Accelerated
1.1 The Dynamic Evolution of China's Comparative Advantages
1.2 Trends in the Dynamic Evolution of China's Comparative Advantages
1.2.1 Changes in China's Capability for the Dynamic Evolution of the Country's Comparative Advantages
1.2.1.1 China's Factor Accumulation
1.2.1.2 China's Technological Progress
1.2.1.3 China's Realization of Economies of Scale

1.2.1.4 China's Accumulation of Human Capital
1.2.1.5 China's Trade Policy Inclination
1.2.1.6 Evaluation of China's Dynamic Capacity for Comparative Advantages
1.2.2 Changes in China's Comparative Advantages
1.2.2.1 China's Export Trade
1.2.2.2 The Revealed Comparative Advantages of China's Export Commodities
1.2.2.3 China's Index of Concentration on the International Market
1.2.2.4 China's International Market Diversity Index
1.2.2.5 China's Net Barter Terms of Trade
1.3 Research Topics on the Dynamic Evolution of China's Comparative Advantages

1.4 Conclusions
Chapter 2: Resource Constraints in the Dynamic Evolution of China's Comparative Advantages
2.1 The End of the Myth of Comparative Advantages of Resources
2.2 Literature Review
2.2.1 Resource Constraints and the Dynamic Evolution of Comparative Advantages
2.2.2 Empirical Analysis of Resource Constraints: A Study on the Growth Drag
2.3 Resource Constraint and China's Growth Drag: An Empirical Analysis
2.3.1 Empirical Model Setting and Data
2.3.1.1 Model Specification
2.3.1.2 Data Specification
2.3.2 Empirical Analysis
2.3.3 Result Analysis

2.3.3.1 The Growth Drag of Water Resource
2.3.3.2 The Growth Drag of Land Resource
2.3.3.3 The Growth Drag of Energy on the Economy
2.3.3.4 The Growth Drag of Natural Resources on the Economy
2.3.4 China's Economic Growth Outlook: A Forecast Based on Natural Resource Constraints
2.4 Transformation of the Resource-Based Economy and Paths for the Dynamic Evolution of China's Comparative Advantages
2.4.1 The Unsustainability of Resource-Based Comparative Advantages
2.4.2 Paths for the Transformation of Resource-Based Economy

2.4.2.1 Dynamic Evolution of Comparative Advantages by Means of Cyclic Economy
2.4.2.2 Dynamic Evolution of Comparative Advantages by Means of Industrial Upgrade
2.4.2.3 Dynamic Evolution of Comparative Advantages by Means of Structural Adjustment of Resource-Intensive Industries
2.4.2.4 Transformation of Comparative Advantages by Improving Capital Utilization Efficiency
2.5 Conclusions
Chapter 3: Factor Substitution, Technological Progress, and the Dynamic Evolution of Chinese Manufacturing's Comparative Advantages
3.1 Introduction
3.2 Theoretical Analysis

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