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ID: 110252

Capital inputs in the Chinese economy: estimates for the total economy, industry and manufacturing / Wang, Lili; Szirmai, Adam

Szirmai, Adam	Journal Article
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Publication

2012.

Summary/Abstract

This paper presents new estimates of capital inputs in the Chinese economy. Estimates are made for the total economy (1953-2007), for the industrial sector (1953-2007) and for manufacturing (1985-2007). The capital input estimates for industry and manufacturing are also broken down by thirty regions. The paper makes a systematic attempt to apply SNA (System of National Accounts) concepts to the estimation of capital inputs, according to the Perpetual Inventory Method. It makes a clear distinction between capital services from a productivity perspective and wealth capital stocks. The paper provides a detailed analysis of the relevant Chinese statistical concepts and data. It provides an explanation of the procedures followed in constructing the new national and regional capital input series.

Key Words

China ; Industry ; Manufacturing ; Regions ; Capital Input ; Capital Services ;
Capital Stocks

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Export

ID: 122945

Does experience facilitate entry into new export destinations? / Wang, Lili; Zhao, Yong

Wang, Lili	Journal Article
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Publication

2013.

Summary/Abstract

Using a large panel dataset that covers 116 countries and 5013 products over the period 1998-2010, this study evaluates the effects of export experience on the geographic expansion of China's exports. The results suggest that past export experience in geographically close and culturally similar markets plays a crucial role in facilitating new market entry, and the positive spillover effects are more pronounced for incumbent and successful products. The results also indicate that spillovers from export experience are market-specific and product-specific, and they are limited to within the same product class and the same market, with little cross-group effects. Finally, there is no strong evidence that export experience is more important for differentiated products than for homogeneous products, and the positive spillover effects are remarkable for both categories of products.

Key Words

Experience ; Export Costs ; Geographic Expansion

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Export