The Value of Information in International Trade: Gains to Outsourcing through Hong Kong

Robert Feenstra, Gordon Hanson and Songhua Lin

No 9328, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides welfare gains to foreign firms using these services. During the 1990s, Hong Kong intermediated about half of the goods that China exported to the rest of the world. Our results suggests that gains to intermediary services provided by Hong Kong equal 16% of the value of goods that China exports to other countries through Hong Kong, and range between 10% and 21% of this export value for various manufacturing goods and across different years.

JEL-codes: D8 F1 (search for similar items in EconPapers)
Date: 2002-11
Note: ITI PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Published as Robert Feenstra & Gordon Hanson & Songhua Lin. 2004. "The Value of Information in International Trade: Gains to Outsourcing through Hong Kong," Advances in Economic Analysis & Policy, Berkeley Electronic Press, vol. 4(1), page 1071

Downloads: (external link)
http://www.nber.org/papers/w9328.pdf (application/pdf)

Related works:
Journal Article: The Value of Information in International Trade: Gains to Outsourcing through Hong Kong (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:nbr:nberwo:9328

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w9328

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().