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Study on Sino-US Intra-industry Trade from the Perspective of Intra-product International Specialization

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DOI: 10.25236/icepbm.2018.42

Author(s)

Xiaoming Qiao

Corresponding Author

Xiaoming Qiao

Abstract

From the perspective of the China’s participation of intra-product international specialization, this paper analyzes the development of parts and components trade and processing trade of China, and accounts the level of intra-industry trade of Sino-US main trade commodities between 1987 and 2006. It shows that the Sino-US trade structure and the level of Sino-US intra-industry trade had been apparently improved during this period. Then the paper analyzes the influential factors of the level of Sino-US intra-industry trade based on the intra-product international specialization by empirical study. It shows that the intra-product international specialization has obvious effect on promoting the level of intra-industry trade of Sino-US high technology industries, medium technology industries and total industries. Therefore, the further improvement of China’s position in the intra-product international specialization is of great significance to improve the level of Sino-US intra-industry trade.

Keywords

Sino-US, Intra-product international specialization, Intra-industry trade.