Abstract:
Using the latest international input-output data from WIOD in 2000-2014, this paper measures the Chinese domestic value added in exports adopting gross trade accounting method by Wang Zhi et al(2015), and analyzes the effects of the economic characteristics of partner countries and OFDI on the Chinese domestic value added in bilateral trade exports applying the modified gravity model. The study has shown that economic scale, economic development and labor productivity of the partner countries have a significant positive impact on Chinese domestic value added in exports. As to economic institutional arrangements, institutional distance has a significant negative impact on Chinese exports to EU countries and emerging market countries. For OFDI, Chinese direct investment in countries outside the EU can significantly increase Chinese domestic value added in exports.
DING Yi-bing, ZHANG Hong-yuan.Economic Characteristics of Partner Countries, OFDI and Domestic Value Added in Exports ——Empirical Evidence from China[J] Economic Survey, 2019,V36(2): 48-55