Empirical Analysis of Bilateral Trade Complementarity between China and the U.S.A.
Jie Lv, Longbin Xiang
Abstract
Jie Lv, Longbin Xiang
Abstract
The author have conducted an empirical analysis on the data of Sino-US trade in the period of 2000-2006 with a focus on the level of intra-industry bilateral comparative advantage and international competitiveness using the index of RCA and intra-industry trade. The trade difference in the patterns of specialization observed in China and in the USA, and that the two countries are in a lasting and stable complementary relationship in trade.
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The author have conducted an empirical analysis on the data of Sino-US trade in the period of 2000-2006 with a focus on the level of intra-industry bilateral comparative advantage and international competitiveness using the index of RCA and intra-industry trade. The trade difference in the patterns of specialization observed in China and in the USA, and that the two countries are in a lasting and stable complementary relationship in trade.
Key concepts: Complementarity (molecular biology), China, Bilateral trade, International trade, Intra-industry trade, Comparative advantage, Revealed comparative advantage, Index (typography)