Why is China so Competitive? Measuring and Explaining China's Competitiveness

F. Gerard Adams, Byron Gangnes () and Yochanan Shachmurove

The World Economy, 2006, vol. 29, issue 2, 95-122

Abstract: This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange rate and extremely low labour costs. It reflects the coincidence of favourable cost conditions with improvements in China's ability to produce products that meet world market specififications. These improvements are closely related to foreign participation in China's economy through foreign direct investment and joint venture enterprises.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
https://doi.org/10.1111/j.1467-9701.2006.00773.x

Related works:
Working Paper: Why Is China So Competitive? Measuring and Explaining China’s Competitiveness (2004)
Working Paper: Why Is China So Competitive? Measuring and Explaining China’s Competitiveness (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:worlde:v:29:y:2006:i:2:p:95-122

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0378-5920

Access Statistics for this article

The World Economy is currently edited by David Greenaway

More articles in The World Economy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().