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Google圖書搜尋
Input Tariff Liberalisation and Servitisation in Manufacturing
Shuzhong Ma
Guangjian Xu
Hongsheng Zhang
其他書名
Evidence from China's WTO Accession
出版
SSRN
, 2020
URL
http://books.google.com.hk/books?id=OuXfzwEACAAJ&hl=&source=gbs_api
註釋
This paper links the sharp drop in China's manufacturing servitisation (MS) in early 21st century to China's accession to WTO featured by conspicuous input trade liberalisation (ITL). The results show that manufacturing industries exposed to higher degree of ITL suffer more MS declines after China's accession to the WTO. Heterogeneous analysis shows that industries with high import intensity, capital intensity or technology intensity suffer more MS declines following input trade liberalisation. Further analysis shows that input trade liberalisation increases the import of intermediate inputs while significantly reduces the proportion of service imports for manufacturing industries. The results are robust to a series of robustness checks.
