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중국의 통상환경 변화와 국가별 상품 간 수출 대체가능성 연구 (Multidimensional Substitutability Measurement and Analysis: With an Application to Trade between China and South Korea) 中国贸易环境变化与各国商品出口替代可能性研究(Multidimensional Substitutability Measurement and Analysis: With an Application to Trade between China and South Korea)
Pub Date : 2021-05-28 DOI: 10.2139/ssrn.3911737
Weonho Yeon, Sangbaek Hyun, Min Suk Park, Hyo-jin Lee, Yunmi Oh
Korean Abstract: 최근 중국을 둘러싼 통상환경의 변화가 다이내믹하게 전개되고 있다. 이러한 변화는 한ㆍ중 무역구조에 직간접적으로 영향을 미칠 것으로 전망된다. 이에 본 연구에서는 향후 우리나라의 대중 수출품이 중국산 또는 외국산 제품에 의해 대체될 수 있는 가능성에 주목하고, 우리 수출품의 대체가능성 분석을 위한 새로운 정량 분석 방법론을 구축하였다. 최근 중국 통상환경의 중요한 대외적 변화로 미ㆍ중 통상 갈등을 가장 먼저 꼽을 수 있다. 특히 한국과 같이 중국과 글로벌 공급망(GVC)에서 분업 구조를 이루면서 미국에 최종 제품을 판매하는 국가에서는 미ㆍ중 갈등이 더욱 큰 불안요인으로 작용하고 있다. 한국산 대중 수출품의 대체가능성이라는 측면에서 보았을 때 미ㆍ중 갈등은 다양한 경로를 통해 영향을 줄 수 있는데, 그중 중요한 이벤트가 미ㆍ중 양국간의 1단계 무역합의이다. 대내적 변화로는 중국의 산업 고도화 전략이 중요하다. 세계의 공장으로 불리던 중국은 단순 가공무역을 담당하던 자국의 GVC 내 역할 및 위치를 조정하기 위해 기술의 발전과 혁신을 통한 국산화율 제고와 산업구조 고도화 전략을 추진해 왔다. 2018년 미ㆍ중 통상 분쟁이 본격화되면서 미국의 중국 산업 및 기술 고도화에 대한 견제가 심화되었고, 이에 대한 반작용으로 중국의 산업 고도화 전략은 경제ㆍ산업 측면을 넘어 국가 안보 차원에서 고려되기 시작했다. 핵심 기술 및 부품의 국산화율 제고전략이 강화되었으며, 독자적인 공급망을 구축하는 것을 목표로 추진되고 있다. 이러한 중국의 산업 고도화와 수입 대체전략 추진으로 인해 한국산 대중 수출품이 중국산 제품으로 대체되는 것에 대한 우려가 커지고 있는 상황이다. 이에 제2장에서는 최근 전개되고 있는 중국 통상환경 변화의 대내외 요인을 구체적으로 정리하였다. 대외적 요인으로 미ㆍ중 간 1단계 무역 합의의 주요 내용과 이행 현황을 살펴보고, 대내적 요인으로 중국정부가 국산화율 제고 및 자주적 공급망 구축을 목적으로 추진하는 수입 대체전략을 살펴보았다. 제2장은 제3장에서 구축한 다차원적 방법론이 왜 필요한지 필요성을 제기하는 역할과 함께 제4장 사례 분석의 배경을 제시해준다. 제3장은 본 연구의 다차원적 수입 대체화지수 모델을 설명하였다. 먼저 다차원적 대체가능성지수(MSI: Multidimensional Substitutability Index) 도출의 기본 구조를 제시한 Alkire-Foster(AF) 모델을 살펴보고, AF 모델을 토대로 Yang-Yeon(YY) 모델을 새롭게 구축하여 다차원적으로 제품별 수입 대체가능성을 파악할 수 있는 방법론을 제시하였다. 제4장에서는 제3장에서 도출한 YY 모델을 바탕으로 실제로 우리나라의 대중 수출품이 어떠한 영향을 받는지 사례 분석을 하였다. 특히 제2장에서 정리한 미ㆍ중 간 1단계 무역 합의와 중국의 수입 대체전략 추진이 한국산 대중 수출품에 어떠한 영향을 미칠지 YY 모델을 통해 도출한 MSI를 바탕으로 분석하였다. 마지막 제5장에서는 YY 모델의 필요성과 YY 모델 분석 결과를 요약하고, 정책적 시사점을 제시했다. YY 모델은 미ㆍ중 1단계 무역 합의의 경우 우리나라 대중 수출품에 큰 영향을 미치지 못할 것으로 예측했다. 이는 한국 대중 수출의 피해에 대한 과도한 우려와 공포감보다는 앞으로 다차원적 대체가능성 지수(MSI)와 같은 정량적 방법론을 활용하여 보다 객관적이고 종합적인 판단을 토대로 대비할 필요가 있다는 점을 시사한다. 다만 YY 모델은 중국 산업 고도화 정책의 경우 한국의 대중 수출에 있어 장기적으로 주요한 위협요인으로 작용할 것으로 예측했다. 특히 범용 제품의 대체가능성이 높게 나타났는데, 이는 중국 제조업의 고도화에 따라 기술 수준이 낮은 한국산 제품은 결국 중국산으로 대체될 것임을 시사한다. 더욱 우려되는 점은 중국의 전략적 신흥산업이나 과학기술 혁신의 대상이 되는 산업과 제품 중 신재생에너지, 배터리, 반도체, 전기차 관련 제품의 경우 중장기적으로 한국산 제품을 대체할 것으로 나타났을 뿐만 아니라 단기간 내에도 대체가능성이 높게 나타났다는 점이다. 중국 산업 고도화 전략에 대한 한국의 대응은 한ㆍ중 간 비교우위를 유지하기 위해 한국의 산업ㆍ기술 경쟁력을 고도화하는 것이다. 그러나 한국의 현실을 고려하였을 때 모든 분야에서 경쟁력을 유지하기 어려운 상황이기 때문에, 4차 산업혁명 시대의 주요 산업으로 발전할 분야를 선정하여 선택과 집중이 필요하다. 특히 본 연구에서 새롭게 구축한 YY 모델과 다차원적 대체가능성지수(MSI)가 중국과의 경쟁이 심화될 것으로 보이는 분야를 선별하고, 우리의 정책적 지원 대상과 우선순위를 결정하는 데 유용하게 활용되기를 바란다. English Abstract: Recent changes in the trade environment surrounding China are developing dynamically. These changes are expected to directly or indirectly affect the Korea-China trade structure. Therefore, in this study, focusing on the possibility that Korea’s exports to China could be replaced by Chinese or foreign products in the future, we establish a new quantitative analysis methodology to analyze the level of substitutability of Korean exports. One of the most important external changes in China’s trade environment is the U.S.-China trade conflict. In particular, in countries such as Korea that export final products to the U.S. while forming a division of labor with China in the glob
Korean Abstract:最近围绕中国的通商环境正在充满活力地发生变化。这样的变化将会对韩中贸易结构产生直接或间接的影响。为此,本研究关注了今后韩国的对华出口产品被中国产品或外国产产品所代替的可能性,并构建了新的定量分析方法论,以分析韩国出口产品的代替可能性。最近中国通商环境的重要对外变化是美中通商矛盾。特别是像韩国这样与中国在全球供应链(GVC)中形成分工结构,最终向美国销售产品的国家,美中矛盾成为了更大的不安因素。从韩国产对华出口产品可以代替的层面来看,美中矛盾可以通过多种途径产生影响,其中重要的活动就是美中两国间的第一阶段贸易协议。作为对内变化,中国的产业高度化战略非常重要。被称为“世界工厂”的中国为了调整原本负责单纯加工贸易的本国GVC内的作用及位置,一直在推进通过技术发展和革新提高国产化率和产业结构高度化战略。2018年,随着中美贸易纠纷全面爆发,美国对中国产业及技术高度化的牵制进一步深化。作为回报,中国的产业高度化战略开始超越经济、产业层面,从国家安全层面进行考虑。提高核心技术及零部件国产化的战略得到加强,并以构建独立的供应链为目标推进。随着中国的产业高度化和推进进口替代战略,越来越多的人担心韩国对华出口产品会被中国产品所代替。为此,第二章具体整理了最近中国通商环境变化的内外因素。作为对外因素,观察了美、中第一阶段贸易协议的主要内容和履行现状;作为对内因素,观察了中国政府以提高国产化率和构建自主供应链为目的推进的进口替代战略。第二章对第三章构建的多层次方法论提出必要性的作用和第四章事例分析的背景。第三章说明了本研究的多层次收入替代指数模型。首先,研究了提出多维替代可能性指数(MSI: Multidimensional Substitutability Index)导出基本结构的Alkire-Foster(AF)模型,并以AF模型为基础,重新构建Yang-Yeon模型,提出了多层次掌握各产品进口替代可能性的方法论。第四章以第三章导出的YY模式为基础,对我国对华出口产品实际受到怎样的影响进行了事例分析。特别是在第二章中整理的美中第一阶段贸易协议和中国推进进口替代战略将对韩国产对华出口产品产生怎样的影响,以通过YY模型得出的MSI为基础进行了分析。最后的第5章概括了YY模型的必要性和YY模型分析结果,并提出了政策上的启示。YY模式预测说,美中第一阶段贸易协议不会对韩国对华出口产品产生太大影响。这暗示,比起对韩国对华出口损失的过度担忧和恐惧感,今后有必要利用多层次替代可能性指数(MSI)等定量方法论,以更加客观、综合的判断为基础进行应对。但YY模式预测说,从中国产业高度化政策的情况看,从长期来看,将成为韩国对华出口的主要威胁因素。特别是,通用产品被替代的可能性很大,这暗示随着中国制造业的高度化,技术水平低的韩国产品最终将被中国产品取代。更令人担忧的是中国的战略性新兴产业和科技创新的对象的产业和产品中,可再生能源、电动汽车、电池、半导体相关产品为例,在中长期内将会取代韩国产品不仅显示也很有可能代替短期内出现了。韩国对中国产业高度化战略的应对方式是,为保持韩中之间的比较优势,提高韩国的产业、技术竞争力。但是考虑到韩国的现实,在所有领域都很难维持竞争力,因此有必要选择发展为第4次产业革命时代主要产业的领域进行选择和集中。特别是,希望本研究新构建的YY模式和多层次替代可能性指数(MSI)能够在筛选可能同中国竞争加剧的领域,并有效决定韩国的政策援助对象和优先顺序。英语文摘:Recent changes in the trade environment surrounding China are developing dynamically。These changes are expected to directly or indirectly affect the Korea-China trade structure。Therefore, in this study, focusing on the possibility that Korea ' s exports to China could be replaced by Chinese or foreign products in the future;we establish a new quantitative analysis methodology to analyze the level of substitutability of Korean exports。One of the most important external changes in China ' s trade environment is the u.s. -China trade conflict。In particular, In countries such as Korea that export final products to the u.s. while forming a division of labor with China In the global value chain (GVC)the conflict between the u.s. and China is acting as a greater destabilizing factor。In terms of the substitutability of Korean exports to China, the u.s. -China conflict can have an effect through various channelsand one of the important events is the u.s. -China Phase 1 trade agreement。For internal changes, it is important to study China ' s industrial upgrading strategy。中国,which has been called the world ' s factoryhas been pursuing a strategy to improve the localization rate and upgrade its industrial structure through technological development and innovationAccordingly, China has been adjusting its role and position within the GVC, in which China used to be in charge of the simple processing trade。As the u.s. -China trade dispute escalated since 2018, the u.s. containment policies have intensified As well, particularly
{"title":"중국의 통상환경 변화와 국가별 상품 간 수출 대체가능성 연구 (Multidimensional Substitutability Measurement and Analysis: With an Application to Trade between China and South Korea)","authors":"Weonho Yeon, Sangbaek Hyun, Min Suk Park, Hyo-jin Lee, Yunmi Oh","doi":"10.2139/ssrn.3911737","DOIUrl":"https://doi.org/10.2139/ssrn.3911737","url":null,"abstract":"Korean Abstract: 최근 중국을 둘러싼 통상환경의 변화가 다이내믹하게 전개되고 있다. 이러한 변화는 한ㆍ중 무역구조에 직간접적으로 영향을 미칠 것으로 전망된다. 이에 본 연구에서는 향후 우리나라의 대중 수출품이 중국산 또는 외국산 제품에 의해 대체될 수 있는 가능성에 주목하고, 우리 수출품의 대체가능성 분석을 위한 새로운 정량 분석 방법론을 구축하였다. 최근 중국 통상환경의 중요한 대외적 변화로 미ㆍ중 통상 갈등을 가장 먼저 꼽을 수 있다. 특히 한국과 같이 중국과 글로벌 공급망(GVC)에서 분업 구조를 이루면서 미국에 최종 제품을 판매하는 국가에서는 미ㆍ중 갈등이 더욱 큰 불안요인으로 작용하고 있다. 한국산 대중 수출품의 대체가능성이라는 측면에서 보았을 때 미ㆍ중 갈등은 다양한 경로를 통해 영향을 줄 수 있는데, 그중 중요한 이벤트가 미ㆍ중 양국간의 1단계 무역합의이다. 대내적 변화로는 중국의 산업 고도화 전략이 중요하다. 세계의 공장으로 불리던 중국은 단순 가공무역을 담당하던 자국의 GVC 내 역할 및 위치를 조정하기 위해 기술의 발전과 혁신을 통한 국산화율 제고와 산업구조 고도화 전략을 추진해 왔다. 2018년 미ㆍ중 통상 분쟁이 본격화되면서 미국의 중국 산업 및 기술 고도화에 대한 견제가 심화되었고, 이에 대한 반작용으로 중국의 산업 고도화 전략은 경제ㆍ산업 측면을 넘어 국가 안보 차원에서 고려되기 시작했다. 핵심 기술 및 부품의 국산화율 제고전략이 강화되었으며, 독자적인 공급망을 구축하는 것을 목표로 추진되고 있다. 이러한 중국의 산업 고도화와 수입 대체전략 추진으로 인해 한국산 대중 수출품이 중국산 제품으로 대체되는 것에 대한 우려가 커지고 있는 상황이다. 이에 제2장에서는 최근 전개되고 있는 중국 통상환경 변화의 대내외 요인을 구체적으로 정리하였다. 대외적 요인으로 미ㆍ중 간 1단계 무역 합의의 주요 내용과 이행 현황을 살펴보고, 대내적 요인으로 중국정부가 국산화율 제고 및 자주적 공급망 구축을 목적으로 추진하는 수입 대체전략을 살펴보았다. 제2장은 제3장에서 구축한 다차원적 방법론이 왜 필요한지 필요성을 제기하는 역할과 함께 제4장 사례 분석의 배경을 제시해준다. 제3장은 본 연구의 다차원적 수입 대체화지수 모델을 설명하였다. 먼저 다차원적 대체가능성지수(MSI: Multidimensional Substitutability Index) 도출의 기본 구조를 제시한 Alkire-Foster(AF) 모델을 살펴보고, AF 모델을 토대로 Yang-Yeon(YY) 모델을 새롭게 구축하여 다차원적으로 제품별 수입 대체가능성을 파악할 수 있는 방법론을 제시하였다. 제4장에서는 제3장에서 도출한 YY 모델을 바탕으로 실제로 우리나라의 대중 수출품이 어떠한 영향을 받는지 사례 분석을 하였다. 특히 제2장에서 정리한 미ㆍ중 간 1단계 무역 합의와 중국의 수입 대체전략 추진이 한국산 대중 수출품에 어떠한 영향을 미칠지 YY 모델을 통해 도출한 MSI를 바탕으로 분석하였다. 마지막 제5장에서는 YY 모델의 필요성과 YY 모델 분석 결과를 요약하고, 정책적 시사점을 제시했다. YY 모델은 미ㆍ중 1단계 무역 합의의 경우 우리나라 대중 수출품에 큰 영향을 미치지 못할 것으로 예측했다. 이는 한국 대중 수출의 피해에 대한 과도한 우려와 공포감보다는 앞으로 다차원적 대체가능성 지수(MSI)와 같은 정량적 방법론을 활용하여 보다 객관적이고 종합적인 판단을 토대로 대비할 필요가 있다는 점을 시사한다. 다만 YY 모델은 중국 산업 고도화 정책의 경우 한국의 대중 수출에 있어 장기적으로 주요한 위협요인으로 작용할 것으로 예측했다. 특히 범용 제품의 대체가능성이 높게 나타났는데, 이는 중국 제조업의 고도화에 따라 기술 수준이 낮은 한국산 제품은 결국 중국산으로 대체될 것임을 시사한다. 더욱 우려되는 점은 중국의 전략적 신흥산업이나 과학기술 혁신의 대상이 되는 산업과 제품 중 신재생에너지, 배터리, 반도체, 전기차 관련 제품의 경우 중장기적으로 한국산 제품을 대체할 것으로 나타났을 뿐만 아니라 단기간 내에도 대체가능성이 높게 나타났다는 점이다. 중국 산업 고도화 전략에 대한 한국의 대응은 한ㆍ중 간 비교우위를 유지하기 위해 한국의 산업ㆍ기술 경쟁력을 고도화하는 것이다. 그러나 한국의 현실을 고려하였을 때 모든 분야에서 경쟁력을 유지하기 어려운 상황이기 때문에, 4차 산업혁명 시대의 주요 산업으로 발전할 분야를 선정하여 선택과 집중이 필요하다. 특히 본 연구에서 새롭게 구축한 YY 모델과 다차원적 대체가능성지수(MSI)가 중국과의 경쟁이 심화될 것으로 보이는 분야를 선별하고, 우리의 정책적 지원 대상과 우선순위를 결정하는 데 유용하게 활용되기를 바란다. English Abstract: Recent changes in the trade environment surrounding China are developing dynamically. These changes are expected to directly or indirectly affect the Korea-China trade structure. Therefore, in this study, focusing on the possibility that Korea’s exports to China could be replaced by Chinese or foreign products in the future, we establish a new quantitative analysis methodology to analyze the level of substitutability of Korean exports. One of the most important external changes in China’s trade environment is the U.S.-China trade conflict. In particular, in countries such as Korea that export final products to the U.S. while forming a division of labor with China in the glob","PeriodicalId":14394,"journal":{"name":"International Political Economy: Trade Policy eJournal","volume":"16 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75919386","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Who Benefits From the Challenges of the Chinese Economy and the Role of Georgia? 谁能从中国经济挑战和格鲁吉亚的作用中获益?
Pub Date : 2021-05-28 DOI: 10.17265/1537-1514/2021.03.002
Davit Shatakishvili
During the coronavirus pandemic, international companies operating in China intensified discussions about relocating their businesses to another country. This has caused by the closed borders and virtually stagnant economy. At the same time, companies operating in different countries have clearly seen how dependent they are on Chinese production and have actively started working to diversify their supply chains. However, the challenges for companies operating in China did not start only after the pandemic and it has a deeper basis. The aim of the paper is to review the main factors that pushed international businesses to leave one of the most attractive markets for manufacturing. In addition, the paper pays an attention to the efforts, opportunities and prospects of those countries that are trying to appear as an “alternative China” to the world. Finally, the article analyzes Georgia’s chances in global trade and manufacturing industry. The economies of the countries are closely linked to each other and any decision has a wider economic impact. To evaluate current circumstances and make accurate predictions, it is necessary to see them in a broader context.
在冠状病毒大流行期间,在中国经营的国际公司加强了将业务转移到另一个国家的讨论。这是由封闭的边界和几乎停滞的经济造成的。与此同时,在不同国家经营的公司已经清楚地看到了它们对中国生产的依赖程度,并积极开始努力使供应链多样化。然而,在华经营的企业面临的挑战并不只是在疫情之后才开始的,它有更深层次的基础。本文的目的是回顾促使国际企业离开这个最具吸引力的制造业市场之一的主要因素。此外,本文还关注了那些试图成为世界“替代中国”的国家的努力、机遇和前景。最后,文章分析了格鲁吉亚在全球贸易和制造业中的机遇。这些国家的经济彼此紧密相连,任何决定都会产生更广泛的经济影响。为了评估当前的情况并做出准确的预测,有必要在更广阔的背景下看待它们。
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引用次数: 0
The Socio-Economic Impact of Brexit on CANZUK and the Anglosphere in Times of Corona: The Case of Canada, Australia and New Zealand 英国脱欧对新冠时期CANZUK和英语圈的社会经济影响:以加拿大、澳大利亚和新西兰为例
Pub Date : 2021-05-26 DOI: 10.2139/ssrn.3854401
D. Kohnert
ABSTRACT & RESUME & ZUSAMMENFASSUNG : Although Britain has been one of the hardest hit among the EU member states by the corona pandemic, Boris Johnson left the EU at the end of 2020. Brexit supporters endorsed the idea of CANZUK, i.e. a union between the UK, Canada, Australia and New Zealand. The CANZUK was embedded in a vision of the revival of the olden days of Great Britain and its role in the ‘Anglosphere’, dating back to World War II and 19th-century British settler colonialism. It is rather doubtful whether the CANZUK members can realize Boris Johnson’s vision of prosperous trade in the ‘Anglosphere’. Besides, there are many open questions, notably on the overall effect of Brexit on CANZUK concerning the socio-economic impact of the global Corona crisis. Last, but not least, will the relative weight of the UK vis a vis other global players like China and India diminish in the medium and long run. After all, the new global focus of international trade will be reallocated from the Atlantic (America and Europe) to the Asian Pacific region, the key player in world economies to come. --------------------------------------------------------------------------------------------------------------------------------- RESUME : Bien que la Grande-Bretagne ait ete l'un des Etats membres les plus durement touches par la COVID-19 pandemie, Boris Johnson a quitte l'UE fin 2020. Les partisans du Brexit ont approuve l'idee de CANZUK, c'est-a-dire, une union entre le Royaume-Uni, le Canada, l'Australie et Nouvelle-Zelande. Le CANZUK s’inscrivait dans une vision de la renaissance des anciens temps de la Grande-Bretagne et de son role dans « l ’Anglosphere », datant de la Seconde Guerre mondiale et du colonialisme des colons britanniques du XIXe siecle. Il est assez douteux que les membres de CANZUK puissent revaloriser la vision de Boris Johnson d’un commerce prospere dans « l’Anglosphere ». En outre, de nombreuses questions restent ouverts, notamment sur l'effet global du Brexit sur CANZUK par rapport a l'impact socio-economique de la COVID-19 crise mondiale. Enfin, le poids relatif du Royaume-Uni par rapport a d'autres acteurs mondiaux, comme la Chine et l'Inde, diminuera a moyen et long terme. Apres tout, la nouvelle orientation mondiale du commerce international sera reaffectee de l'Atlantique (Amerique et Europe) a la region Asie-Pacifique, l'acteur cle de l’economie mondiale a venir. ---------------------------------------------------------------------------------------------------------------------------- ZUSAMMENFASSUNG : Obwohl Grosbritannien von der Corona Ppandemie unter den EU-Mitgliedstaaten mit am starksten betroffen war, verlies Boris Johnson die EU Ende 2020. Die Befurworter des Brexit unterstutzten die Idee eines CANZUK Handelsvertrages, d.h. einer Union zwischen Grosbritannien, Kanada, Australien und Australien Neuseeland. CANZUK war eingebettet in eine Vision der Wiederbelebung der alten Tage Grosbritanniens und seiner Rolle in der „Anglosph
摘要:尽管英国是受冠状病毒大流行影响最严重的欧盟成员国之一,但鲍里斯·约翰逊于2020年底离开了欧盟。英国脱欧支持者支持CANZUK的想法,即英国、加拿大、澳大利亚和新西兰之间的联盟。CANZUK根植于英国旧时代复兴的愿景及其在“盎格鲁文化圈”中的作用,可追溯到第二次世界大战和19世纪英国殖民主义。CANZUK的成员能否实现鲍里斯·约翰逊在“英语圈”中繁荣贸易的愿景,这是相当值得怀疑的。此外,还有许多悬而未决的问题,特别是英国脱欧对CANZUK的总体影响,以及全球冠状病毒危机对社会经济的影响。最后,但并非最不重要的一点是,中长期来看,英国相对于中国和印度等其他全球参与者的权重是否会下降?毕竟,国际贸易的新全球焦点将从大西洋(美国和欧洲)重新分配到亚太地区,亚太地区是未来世界经济的关键角色。--------------------------------------------------------------------------------------------------------------------------------- 简历:好,la grande bretagne河中的小岛高频两个des状况进行初步les + durement触摸par la COVID-19 pandemie,鲍里斯·约翰逊2020年quitte l 'UE鳍。Les partisans du Brexit不会批准l' idea de CANZUK, c'est-a-dire, one union entre le Royaume-Uni, le Canada, l' australian and Nouvelle-Zelande。Le CANZUK ' s in刻vavait dans one vision de la Grande-Bretagne and de son role dans ' l ' Anglosphere ', datant de la second Guerre mondiale and du colonial de colonniques du 19世纪。我将在《英国商圈》和《英国文化圈》中讨论英国商业繁荣的问题。此外,《经济学人》还对目前的形势提出了质疑,并指出英国脱欧对全球关系的影响以及对全球新冠肺炎危机的社会经济影响。因此,从长期来看,中国与印度之间的关系相对于英国皇家利华(Royaume-Uni)和中国与印度之间的关系减少了1亿美元。Apres tout,国际商业新定位,大西洋(美洲和欧洲),亚太地区,全球经济新定位,全球经济新定位,全球经济新定位。---------------------------------------------------------------------------------------------------------------------------- ZUSAMMENFASSUNG: Obwohl Grosbritannien von der电晕Ppandemie unt窝EU-Mitgliedstaaten麻省理工学院是starksten betroffen战争,verlies鲍里斯·约翰逊死2020年欧盟不可或缺。《英国脱欧前的研究》,加拿大、澳大利亚和澳属纽斯兰。19.英国战争在“英语世界”的视野中与在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中、在“英语世界”的视野中。Jahrhunderts zuruckgeht。鲍里斯·约翰逊在“英语圈”的愿景中,看到了亨德尔斯的繁荣。用户对英国脱欧和英国脱欧的看法是一致的,对英国脱欧的看法是一致的,对英国脱欧的看法是一致的。对中国和印度的中小企业和大型企业而言,中国和印度是全球市场的主要参与者。[au:]大西洋(美洲和欧洲)国际贸易贸易的全球贸易贸易,亚洲贸易贸易的全球贸易贸易,世界贸易的全球贸易。
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引用次数: 0
Regional Trade Integration and Input Sourcing Patterns of Multinational Enterprise Plants: Evidence from the ECFA 区域贸易一体化与跨国企业工厂投入品采购模式:来自ECFA的证据
Pub Date : 2021-05-25 DOI: 10.2139/ssrn.3854355
Yuting Huang, Bingjing Li
This paper studies the impacts of regional trade integration on the input sourcing patterns of firms engaging in multinational production. We examine the responses of Taiwanese MNC affiliates in mainland China around the time of a single event --- the signing of the Economic Cooperation Framework Agreement (ECFA) between the Mainland and Taiwan in June 2010. Using data on firm-level ownership linkages in conjunction with transaction-level trade flows between 2006 and 2015, we find strong evidence that in response to input tariff reductions, firms increased imports not only from members but also from non-member trade partners. The scale effect through the demand response to lower input costs appears to dominate the direct substitution effect from the enhanced trade relation across the Strait, leading to a trade creation effect outside the integrated bloc. Moreover, to a large extent, the trade created outside the bloc appears to be contained within multinationals' organizational boundary. In particular, for contract-intensive products, firms mainly increased sourcing from related parties. The findings suggest that MNC production networks strengthen the trade creation effect of regional trade agreements by reducing contractual frictions and search frictions along input-output linkages.
本文研究了区域贸易一体化对跨国企业投入采购模式的影响。我们在2010年6月大陆与台湾签署经济合作框架协议(ECFA)这一单一事件前后,考察了台湾跨国公司在中国大陆子公司的反应。利用2006年至2015年间企业层面所有权联系与交易层面贸易流量的数据,我们发现强有力的证据表明,为了应对投入关税的削减,企业不仅增加了从成员国的进口,还增加了从非成员贸易伙伴的进口。通过需求响应降低投入成本而产生的规模效应似乎主导了两岸贸易关系增强带来的直接替代效应,从而导致一体化集团外的贸易创造效应。此外,在很大程度上,在欧盟之外创造的贸易似乎被限制在跨国公司的组织边界内。特别是对于合同密集型产品,企业主要增加了对关联方的采购。研究结果表明,跨国公司生产网络通过减少投入产出联系上的契约摩擦和搜索摩擦,增强了区域贸易协定的贸易创造效应。
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引用次数: 0
The Role of Human Rights and Environmental Due Diligence Legislation in Protection Women Migrant Workers in Global Food Supply Chains 人权和环境尽职调查立法在保护全球食品供应链中的女性移徙工人中的作用
Pub Date : 2021-05-17 DOI: 10.2139/ssrn.3847676
D. Augenstein, C. Macchi
The research policy study examines the role of human rights and environmental due diligence legislation in protecting women migrant workers in global food supply chains. It considers in detail a recent proposal by the European Parliament for a European Directive on Corporate Due Diligence and Corporate Accountability.
这项政策研究考察了人权和环境尽职调查立法在保护全球食品供应链中的移徙女工方面的作用。它详细考虑了欧洲议会最近提出的一项关于企业尽职调查和企业责任的欧洲指令。
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引用次数: 0
Competitive Neutrality of State-owned Enterprises in China's Steel Industry: A Causal Inference on the Impacts of Subsidies 中国钢铁行业国有企业竞争中立性:补贴影响的因果推论
Pub Date : 2021-05-13 DOI: 10.2139/ssrn.3538075
Mariko Watanabe
This study investigates whether subsidies to state-owned enterprises (SOEs) in China's steel industry are distorting market competition. The Subsidy and Countervailing Measures Agreement of the World Trade Organization defines ``specific'' and ``harmful'' subsidies as being subject to discipline because they distort the allocation of resources. During a recession in the steel industry between 2008 to 2015, Chinese firms produced excessively and exported aggressively at a lower price. This study hypothesized and tested that subsidies given by local governments to specific SOEs with undefined conditions softened the budget constraints of these SOEs. Using data from the financial statements of listed steel and iron firms and other relevant sources, I find that firms with operating deficits received subsidies that were large enough to compensate for their deficits, and it prolonged the deficit in the next year. Counter-factual simulation based on demand and supply functions revealed that rescued SOE significantly expanded output in 2014 to 2015 compared to the case if no rescue via subsidy. The preferential treatment of these specific SOEs induced them to overproduction and lowered market prices, harming competition in the market.
本文研究了中国钢铁行业对国有企业的补贴是否扭曲了市场竞争。世界贸易组织《补贴与反补贴措施协定》将“特定”和“有害”补贴定义为受到纪律约束的补贴,因为它们扭曲了资源的配置。在2008年至2015年钢铁行业衰退期间,中国企业过度生产,并以较低的价格大举出口。本研究假设并检验了地方政府对特定国有企业不确定条件的补贴软化了这些国有企业的预算约束。利用上市钢铁企业的财务报表和其他相关来源的数据,我发现,经营赤字的企业获得的补贴足以弥补其赤字,并延长了下一年的赤字。基于需求和供给函数的反事实模拟表明,与没有补贴救助的情况相比,被救助的国有企业在2014年至2015年的产量显著增加。对这些特定国有企业的优惠待遇导致它们生产过剩,降低了市场价格,损害了市场竞争。
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引用次数: 0
Higher-Education Expansion, Human-Capital Supply, and the Rising Domestic Content in China’s Exports 高等教育扩张、人力资本供给与中国出口中国内含量的上升
Pub Date : 2021-05-06 DOI: 10.2139/ssrn.3840699
Degang Li, Ming Li, Jiansuo Pei
In sharp contrast to the general downward trend around the globe, in China the domestic content in exports has been steadily increasing. The determinants that drive this outstanding result are hotly debated. However, there still lacks a clear causal inference on the determinants of the rising domestic content in China’s exports. This study uses the expansion of higher education that has taken place in China since 1999 as a "quasi-natural experiment" to directly examine its causal effects on the increasing domestic content in Chinese exports. We use the difference-in-difference specification and find that the availability of high-quality human capital has enabled the domestic production of high-quality industrial inputs that substitute for imported intermediates. According to our estimation, the human-capital supply shock can explain roughly one-half of the increase in the domestic content in China's processing exports. This means that domestic reform can be an important driving force for China to capture more domestic value added in its exports, which also serves as an important policy lesson that other developing economies can learn. Through this new perspective, we offer a first look at how behind-the-border policies affect the competitiveness of industries in a globalized world.
与全球总体下降的趋势形成鲜明对比的是,中国出口中的国内成分一直在稳步增加。推动这一突出结果的决定因素引发了激烈的争论。然而,对于中国出口产品中国内含量上升的决定因素,仍然缺乏明确的因果推断。本研究利用1999年以来中国高等教育的扩张作为“准自然实验”,直接考察其对中国出口产品中国内含量增加的因果关系。我们使用差中差规范,发现高质量人力资本的可用性使得国内生产高质量的工业投入品能够替代进口的中间产品。根据我们的估计,人力资本供给冲击可以解释中国加工出口中大约一半的国内含量增加。这意味着国内改革可以成为中国在出口中获得更多国内附加值的重要推动力,这也是其他发展中经济体可以学习的重要政策教训。通过这一新的视角,我们第一次看到了在全球化的世界中,边境政策是如何影响工业竞争力的。
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引用次数: 2
Eastern Promise: Assessing the Future of UK-India Trade 《东方承诺:评估英印贸易的未来》
Pub Date : 2021-04-22 DOI: 10.2139/ssrn.3850596
Institute of Economic Affairs Submitter
India is at a crossroads. As the UK Prime Minister prepares to meet Indian leaders virtually, he promises an Enhanced Trade Partnership, possibly leading to a full Free Trade Agreement (FTA). There are important commercial reasons for this agreement, but more importantly, there are powerful geopolitical reasons. India could be brought into an alignment of nations, including the CPTPP members, as a bulwark against the negative impact of China’s market distortions and security policies. The UK may just have the right combination of offensive and defensive flexibility to be able to do a deal with India. The contours of that deal are emerging and involve key UK asks, such as financial services and legal services access, as well as Scotch whisky tariff reduction, and key Indian asks, such as movement of natural persons supplying services and the UK committing not to impose bans on Indian agriculture in violation of the WTO SPS agreement. There is a developing alignment of nations, which collectively promote pro-competitive regulation where countries interact with each other through equivalence and mutual recognition as opposed to regulatory harmonisation. India has to choose whether to align with these nations or others, such as China, which have a very different model. There are strong geopolitical reasons for India to join this grouping – which could be started with an FTA with the UK – relating to its difficult relationship with China and its need to secure support in the Indian Ocean. However, a number of obstacles remain for this future to be reached. India has recently taken actions against the property rights of foreign investors. Property rights form the bedrock of economic systems that leverage the forces of competition to generate economic growth. But India’s market signals on property rights are negative and risk undermining its global reputation and potential. When the Prime Minister meets the Indian PM, he should make it clear that while the UK welcomes a deeper relationship with India, this will depend on whether India endorses, in both word and deed, property rights protection, market competition, and open trade.
印度正处于十字路口。英国首相准备会见印度领导人,他承诺加强贸易伙伴关系,可能导致全面的自由贸易协定(FTA)。达成这项协议有重要的商业原因,但更重要的是,有强大的地缘政治原因。印度可以加入包括CPTPP成员国在内的国家联盟,作为抵御中国市场扭曲和安全政策负面影响的堡垒。英国可能只是拥有进攻和防御灵活性的正确组合,能够与印度达成协议。该协议的轮廓正在浮现,涉及英国的关键要求,例如金融服务和法律服务准入,以及苏格兰威士忌关税降低;以及印度的关键要求,例如提供服务的自然人的流动,以及英国承诺不违反WTO SPS协议对印度农业实施禁令。一个是发展中国家联盟,它们共同推动有利于竞争的监管,各国通过平等和相互承认(而不是监管协调)相互作用。印度必须选择是与这些国家结盟,还是与其他国家结盟,比如中国,后者的模式截然不同。印度加入这个组织有很强的地缘政治原因——可能从与英国签订自由贸易协定开始——与印度与中国的艰难关系以及印度在印度洋获得支持的需要有关。然而,要实现这一未来仍有一些障碍。印度最近对外国投资者的财产权采取了行动。产权构成了经济制度的基石,这些制度利用竞争的力量来促进经济增长。但印度在产权方面的市场信号是负面的,有可能损害其全球声誉和潜力。当英国首相会见印度总理时,他应该明确表示,尽管英国欢迎与印度建立更深层次的关系,但这将取决于印度是否在言行上支持产权保护、市场竞争和开放贸易。
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引用次数: 0
A Domino Theory of Regionalism Revisited in an Era of Deep Integration: The Role of Homogeneity/Heterogeneity in Institutions 深度一体化时代对地区主义多米诺骨牌理论的重新审视:同质性/异质性在制度中的作用
Pub Date : 2021-04-19 DOI: 10.2139/ssrn.3808871
Renliang Liu, T. Stengos, Yiguo Sun
This paper proposes that country-pairs sharing homogeneity in domestic institutions tend to sign preferential trade agreements (PTAs) interdependently, and such an interdependence effect decreases with institutional differential. Using spatial econometrics, we take democracy and economic freedom as fundamental components of the spatial weight matrix. The baseline results support our hypothesis from both the panel data over 1996 to 2017 through a probit model and the cross-sectional data through a spatial autoregressive probit model. We also employ a compound spatial weight matrix to account for the institutional differential and geographical distance simultaneously, which confirms the role of domestic institutions in the evolution of PTAs. Our findings are robust to the correction of potential endogeneity in the spatial weight matrix, and we provide not only novel evidence for the spatial effect of institutional differential on the domino-like spread of PTAs, but also some insights on the relationship between regionalism and multilateralism.
本文认为,国内制度同质性较高的国家对倾向于相互依赖地签订优惠贸易协定,这种相互依赖效应随着制度差异而减弱。运用空间计量经济学的方法,将民主和经济自由作为空间权重矩阵的基本组成部分。基线结果通过概率模型和空间自回归概率模型从1996年至2017年的面板数据和横截面数据中支持我们的假设。我们还采用复合空间权重矩阵同时考虑制度差异和地理距离,这证实了国内制度在pta演变中的作用。我们的研究结果对空间权重矩阵的潜在内生性修正具有鲁棒性,不仅为制度差异对pta多米诺骨牌扩散的空间效应提供了新的证据,而且为区域主义与多边主义之间的关系提供了一些新的见解。
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引用次数: 0
The Contest for Value in Global Value Chains: Correcting for Distorted Distribution in the Global Apparel Industry 全球价值链中的价值竞争:全球服装产业扭曲分布的修正
Pub Date : 2021-04-12 DOI: 10.4337/9781800882157
Lilach Nachum, Yoshiteru Uramoto
Who captures the value created in global supply chains? How should gaps in value capture among participants be amended and by whom? Focusing on the global apparel supply chain and employing value creation as a yardstick for evaluation of value capture, we study the contests for value among global brands, manufacturers, labor, and consumers of the final output. We find misalignments between value creation and value capture at each of these contests, and posit that the failure of both markets and governments to distribute GVC value adequately calls for different mechanisms to distribute value. We suggest that the interdependencies germane to the co-specialized nature of GVCs give participants power to create markets for social justice. In this ‘market’ behavior that drives outcomes towards adequate value distribution is economically rewarded. These dynamics turn GVCs into their own de-facto ‘regulators’ with the power to self-correct for distributional distortions.
谁获得了全球供应链创造的价值?参与者之间在价值获取方面的差距应该如何弥补,由谁来弥补?本文以全球服装供应链为中心,以价值创造为衡量价值获取的尺度,研究了全球品牌、制造商、劳动力和最终产出的消费者之间的价值竞争。我们发现,在每一场竞争中,价值创造和价值获取之间都存在偏差,并假设市场和政府都未能充分分配全球价值链价值,需要不同的价值分配机制。我们认为,与全球价值链共同专业化性质相关的相互依赖性赋予了参与者创造社会正义市场的权力。在这种“市场”行为中,推动结果走向适当价值分配的行为会获得经济奖励。这些动态将全球价值链变成了它们自己事实上的“监管者”,拥有自我纠正分配扭曲的能力。
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引用次数: 2
期刊
International Political Economy: Trade Policy eJournal
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