Dynamics of Chinese Export Comparative Advantage: Analysis Based on RSCA Index

Author:

Wang Li1,Sun Tian-Le2ORCID,Cai Zheng-Qun3ORCID

Affiliation:

1. Practical Teaching Department, Anhui Sanlian University, Hefei 230601, China

2. College of Economics, Sichuan Agricultural University, Chengdu 610000, China

3. School of Foreign Studies, Anhui Jianzhu University, Hefei 230601, China

Abstract

Based on RSCA index, using kernel density estimation, Markov chain transition probability matrix, and survival analysis method, this paper analyzes the dynamics of Chinese export comparative advantage from 2001 to 2020 and draws the following conclusions. Firstly, after 20 years of export trade development, although the comparative advantage of a few commodities of China has weakened and comparative disadvantage has increased, the comparative advantage of most commodities is improving, and the overall distribution of comparative advantage remained unchanged. Secondly, the stability of Chinese comparative advantage is higher than liquidity, and liquidity as a whole shows a good trend. In addition, the viability of Chinese commodities with comparative advantage has performed well in the past 20 years. Therefore, China should optimize export mode based on comparative advantage.

Funder

Top-Noth Talents in Disciplines (Majors) of Colleges and Universities in Anhui Province

Publisher

Hindawi Limited

Subject

General Mathematics

Reference22 articles.

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