Abstrait

Study on the upgrading path of China’s export structure—a perspective of the evolution of factors structure

Guo Haomiao, Dishi Zhu

The upgrading of export structure has long time been a prominent task of China’s foreign trade. It is in great need for China to choose the right path to develop China’s export structure and make the adequate policies to achieve the sustainable improving on export basket. To solve the problem of what theory to follow, and which path to choose in upgrading the China’s export structure, the paper studied the upgrading path of China’s export structure on a perspective of the evolution of factors structure. It used perpetual inventory procedures to estimate China’s capital stock and used the data of time series from the year 1990 to 2012 to empirically analyze the implication of capital per labor, human capital and R&D input on export structure. Based on the analysis, it drew the conclusion that the factor comparative advantage theory should be followed to promote export structure, and it also put forward specific strategy and suggestions.