Transforming Trade Competition into Coordination with PRC

This paper explores the topics of competition and coordination in trade dynamics in the People's Republic of China. Focusing on the rationality of trade cooperation rather than on the rationality of competition, facts and data will be presented; existing studies from international organizations will be discussed; and conclusions derived by them will be quoted. Although there is an increasing share of service in trade, only merchandise trade is studied here in order to limit the scope of this paper. This paper was prepared for the Latin America/Caribbean and Asia/Pacific Economics and Business Association (LAEBA)'s 4th Annual Meeting held in Lima, Peru, on June 17th, 2008.Integration & Trade, Infrastructure & Transport, Fourth LAEBA Annual meeting, growth, trade competition

The trend of regional income disparity in the People's Republic of China

Based on recent updated statistical data that has become available since the People's Republic of China (PRC) implemented its first national economic census in 2004, this paper studies the trend of regional disparity both among and within the provinces of the PRC from 1978 to 2005. We find that compared with the 1990s, the expansive trend of inter-provincial disparities has slowed down and started to decrease somewhat since 2000. In 2004 and 2005, some statistical indicators, such as per capita GDP and per capita household consumption at current prices, show that regional disparities have declined to a certain extent. In addition to the great disparity among provinces, disparities within provinces are also very common in the PRC. Judged by some measurement indexes, income disparities within many provinces have even exceeded inter-provincial disparities. The results of decomposing the regional disparity into within-group and between-group components suggested that the urban-rural disparities are the main source of regional disparities. The results further suggested that disparities among the PRC's four regions, especially between the eastern region and the other regions, are mainly to blame for interprovincial disparities. Finally, this paper finds that changes in regional disparities in recent years can be attributed to many factors, including policies and regional specific factors as well as some cyclical factors. For this reason, we still cannot claim that the PRC's regional disparities have started a decline that will continue

Prospects for China's economic development in the next decade

This article discusses prospects for China's economic development over the next decade based on the computable general equilibrium (CGE) model of the Chinese economy. The article argues that the long-term trend of China's economy will remain positive and the major driving forces of the fast-growing Chinese economy still exist. However, particular focus must be placed on the changes in the domestic and international environment in the next decade. Further reforms should be promoted in the field of economic elements, public expenditure, energy, and the environment in order to improve the sustainability and balance of economic development

Are global value chains truly global? a new perspective based on the measure of trade in value-added

Are global value chains (GVCs) truly global or are they more of a regional p henomenon? Opinions concerning this issue are widely divergent in the literature. This p aper provides new perspectives on GVCs using network analysis based on the concept of trade in value-added. By using a multiregional input-output model, we first show that GVC activities can be consistently identified at the country, sector, and bilateral levels according to the number of times that factor contents cross national borders in global p roduction sharing. This allows us to group trade-related, value-added creation activities into three networks, including traditional trade, simple GVC trade, and complex GVC trade networks. Further, we use network analysis tools based on the Asian Development Bank’s Multiregional Input-Output Tables covering 62 economies and 35 sectors between 2000 and 2017 to investigate changes in the topology and structure of different types of G VC networks. Our results show that the characteristics of GVCs largely depend on the viewpoint of the participating country (as a supplier or demander), the type of trade, and the aggregate level of trade in the corresponding networks

Study on collapse mechanism of steel frame with CFST-columns under column-removal scenario

The design of structure against progressive collapse has tended towards more quantitative design where utilizing catenary action becomes essential. In this paper, a single internal column removal test was conducted for a 1/3 scale 4-bay steel frame with concrete-filled steel tubular (CFST) columns. The anti-collapse mechanism of the frame under the scenario of column loss is discussed. Both FE model and simplified analytical model are developed to investigate the behavior of steel frame with CFST columns in resisting progressive collapse. The accuracy of the two models is verified through the experimental results. The anti-collapse measures of the proposed model are sensitive to the modeling techniques used to simulate the CFST columns. A method based on the energy equivalence is used to evaluate the dynamic behavior of the frame. The results show that the DAF (dynamic amplification factor) value of 2.0 which is recommended by DoD provision in linear static analysis is reasonable. However the mobilization of “catenary action” which is not considered in DoD provision would increase the DAF value as currently given in DoD

Transforming Trade Competition into Coordination with PRC

This presentation reviews the following topics: China in the world economy; industrial performance and competitiveness of China; features of trade of major Asian economies and preliminary exploration of regional trade agreement among China, Japan and Korea; globalization and regionalism in a global society; and the role of transport on trade. This document was created for the Latin America/Caribbean and Asia/Pacific Economics and Business Association (LAEBA)'s 4th Annual Meeting held in Lima, Peru, on June 17th, 2008.

Predicting Expenditure Patterns across provinces in China based on AIDADS demand system

There are so many studies analyzing expenditure behavior with international cross-section data. However, there are few literatures involving demand analysis using data across provinces in one single country. On one hand, China is a fast-growing developing country and its composition of consumer demand is changing rapidly. On the other hand, China is one of the world's largest countries, including more than 30 provinces, and there exists significant income inequality between different regions. Per capita income of urban households in richest province is more than ten times of that of rural households in poorest province. Therefore, it’s particularly import to study demand patterns across provinces in China. In this study, an AIDADS demand system is constructed based on household survey data from different provinces. Then income elasticity and price elasticity are calculated for different provinces and the trendy of provincial expenditure pattern is predicted. All these results will be useful for analyzing regional effect of policies