چکیده:
This paper investigates the gain of bilateral trade between China and U.S. in manufacturing sectors when both countries play a role in asymmetric (biased) growth of international trade. Our model includes a special case of Biased Growth Theory in international trade. We collected labor productivity, export and import data by using classification of manufacturing industries, for U.S. and China in 1993, 1998, 2002 and 2006. The results according to Cost-Benefit analysis and econometric model indicated that the China's manufacturing sector is Import-Biased Growth and U.S. manufacturing sector is Export-Biased Growth. Therefore, The Terms of Trade between U.S. and China in manufacturing sector has been changed in favor of China.
خلاصه ماشینی:
The results according to Cost-Benefit analysis and econometric model indicated that the China's manufacturing sector is Import-Biased Growth and U.
One of the best studied in this area is Samuelson (2004), a method to make use of Ricardian model and Biased Growth Theory, offered an example of how technological progress (labor productivity change) in developing countries such as China can hurt advanced countries such as U.
S. For example growth of productivity in import sector in developing countries, as a result, shifts the TOT against the exporting country.
S. and high import growth rate of labor productivity in both countries (especially in China).
S. Export/Import (with China) in 2002 and China Labor Productivity Growth Rate in 19 Manufacturing During {مراجعه شود به فایل جدول الحاقی} Resource: International Yearbook of Industrial Statistics & U.
S. Export/Import (with China) in 2006 and China Labor Productivity Growth rate in 19 Manufacturing During 1993-2006 9 8 7 6 5 4 3 2 1 0 -1 0 1 2 (U.
S. Export/Import (with China) in 2006 and China Labor Productivity Growth rate in 19 Manufacturing During 1993-2006 9 8 7 6 5 4 3 2 1 0 -1 0 1 2 (U.
S. Average Growth rate of Labor Productivity for A, B, C and D {مراجعه شود به فایل جدول الحاقی} Resource: International Yearbook of Industrial Statistics & US Census Bureau 6.
We found that the growth rate of labor productivity in manufacturing sectors in China and U.