China's International Competitiveness: Reassessing the Evidence
نویسندگان
چکیده
In this paper we argue that export data are an inadequate tool to measure a country’s international competitiveness when external trade is dominated by export-processing trade. Export data do not necessarily reflect the value produced in an exporting country, but rather capture the gross value of the products that leave a country’s ports. We demonstrate that, in the case of China, this leads to an upward bias in both the perceived quantitative and qualitative threats to the Western economies. We thank seminar participants at the Bank of Canada and the Katholieke Universiteit Leuven for helpful comments and suggestions. Van Assche thanks the fonds québécois de la recherche sur la société et la culture (FQRSC) for financial support. Corresponding author. HEC Montréal, Department of International Business, 3000 chemin de la côte‐ sainte‐catherine, Montréal (Québec), Canada H3T‐2A7. Phone : (514)340‐6043. Fax: (514)340‐6987. E‐mail addresses: ari.van‐[email protected] (A. Van Assche); [email protected] (C. Hong); [email protected] (V. Slootmaekers)
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