A Comparative Study of Status in Division of Labor in East Asiain Service Trade in China, Japan and South Korea——From a Perspective of Trade in Value-Added
CAI Wei-hong 1, LI Hui-juan 2
1.School of Finance, Guangdong University of Foreign Studies, Guangzhou 510006, China;2.School of Tourism, Guangzhou University, Guangzhou 510006, China
Abstract:
Based on trade in value-added, this paper calculates GVC indices of service trade in China, Japan and South Korea, and discusses promotion effects of these three countries’ participation in East Asia production network on their status rising in division of labor in trade of services.The results show that China’s service trade receives more value-added from East Asia production network than what it sends into that network. China’s participation in service trade in East Asia production network is low in degree and its status in division of labor is lagging behind. The driving force for status rising in division of labor in China’s service trade derives from trade of middle and low technology-intensive services while the opposite is true for Japan and South Korea. An increase in the participation in East Asia production network has a positive effect on status rising in division of labor in service trade of China, Japan and South Korea.
CAI Wei-hong, LI Hui-juan .A Comparative Study of Status in Division of Labor in East Asiain Service Trade in China, Japan and South Korea——From a Perspective of Trade in Value-Added[J] Economic Survey, 2017,V34(5): 75-80