Study on the impact of U.S. deindustrialization on china’s economy based on a vector autoregressive model

Xinpeng Cai () and Mingze Sun ()
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Xinpeng Cai: Central University of Finance and Economics, School of International Economy and Trade
Mingze Sun: Queen’s University, Queen’s Economics Department

A chapter in Proceedings of the 2024 2nd International Conference on Digital Economy and Management Science (CDEMS 2024), 2024, pp 4-13 from Springer

Abstract: Abstract While economic structures of China and the United States are constantly changing, trade relations are also moving from complementarity to competition. China’s economic growth poses a threat to the United States. And the United States curbs China’s development through economic means, leading to increased trade friction. This paper analyzes the causes of Sino-US trade friction from the perspective of American economic structure transformation and uses the economic data of China and the United States to establish a vector autoregressive model for empirical analysis to study the effect of American de-industrialization on China’s economic structure transformation and upgrading. Specifically, this paper explains the reasons for the re-industrialization of the United States and its impact on China’s economic structure, and then explains the internal logical relationship between economic structure transformation and trade friction.

Keywords: component; trade friction; economic structure transformation; de-industrialization; re-industrialization (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-488-4_2

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DOI: 10.2991/978-94-6463-488-4_2

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