2007•Contemporary Economy & ManagementRequires access
Intra-product Specialization of Multinationals and the Industrial Upgrading in China
Dong You-de
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Abstract
Intra-product specialization has become a focus in international specialization theory and a current development of international trade theory in recent years since multinationals carried out the globalization strategy in 1990's.There exist many reasons for its emergence.In China,most industries in international intra-product specialization are in labor-intensive working procedure or section.According to the dynamic comparative advantage principle,we must upgrade Chinese industries by promoting the position of working procedure in intra-product specialization.