Business, Management and Accounting
8 years ago

China's Shifting Advantage: Labor-Intensive Industries Gain Competitive Edge in Global Market

2 views
Cai-mao jingji
Does the Comparative Advantage Contradict with the Competitive Advantage?—An Empirical Study Based on China's Manufacture Industry
Jin Bei

Paper Summary

The article examines China's comparative advantage and competitive advantage in its manufacturing industry. The study finds that these two advantages do not contradict each other. China's comparative advantage is in labor-intensive industries, but it is decreasing. Industries with the most comparative advantage also have the most competitive advantage. The changes in China's industrial competitive advantage and comparative advantage are closely related.

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