Artikel
The China price: Evidence and some implications
China's import penetration in Chilean markets is higher in unskilled-labor intensive sectors as predicted by traditional endowment-based theories of comparative advantage. However, there is also evidence of within-industry specialization. In particular, high-income countries receive higher prices for its products, and Chinese products are not only cheaper in comparison to the world average but also relative to countries with similar income per capita. These price differences cannot account for the depth and sectoral distribution of China's import penetration. The relative price of Chinese products have stayed relatively constant since the beginning of the 1990s, which means that factors other than price, like quality upgrading, productivity growth or the access of foreign direct investment are crucial to explain the Chinese import boom.
- Language
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Englisch
- Bibliographic citation
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Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 33 ; Year: 2006 ; Issue: 2 ; Pages: 117-139 ; Santiago de Chile: Universidad de Chile, Departamento de Economía
- Classification
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Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
- Subject
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import penetration
China
imports price
extensive margin
intensive margin
- Event
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Geistige Schöpfung
- (who)
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Álvarez, Roberto
Claro, Sebastián
- Event
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Veröffentlichung
- (who)
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Universidad de Chile, Departamento de Economía
- (where)
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Santiago de Chile
- (when)
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2006
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Álvarez, Roberto
- Claro, Sebastián
- Universidad de Chile, Departamento de Economía
Time of origin
- 2006
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