00000nam 2200000za 4500 9.847709 CaOODSP 20221107153512 cr ||||||||||| 171124s2017 oncd ob f000 0 eng d CaOODSP eng eng fre a-cc--- FB3-6/2017-15E-PDF Kruger, Mark, 1959- Product sophistication and the slowdown in Chinese export growth [electronic resource] / by Mark Kruger, Walter Steingress and Sri Thanabalasingam. [Ottawa] : Bank of Canada, 2017. ii, 24 p. : col. charts Bank of Canada staff discussion paper, 1914-0568 ; 2017-15 "November 2017." Includes bibliographical references (p. 21). "Chinese real export growth decelerated considerably during the last decade. This paper argues that the slowdown largely resulted from China moving to a more sophisticated mix of exports: China produced more sophisticated goods over which it had pricing power instead of producing greater volumes of less sophisticated products. Indeed, we show that the share of highly sophisticated products in Chinese exports increased steadily over time and that Chinese exports became less price sensitive, suggesting increased pricing power. Further, a decomposition of China’s market share gains shows that China continues to gain market share despite exporting products with higher-than-average world prices. China’s continuous gain in global export market share suggests that its export machine is far from broken"--Abstract, p. ii. Includes abstract in French. gccst Exports gccst Exchange rates gccst International economics Steingress, Walter. Thanabalasingam, Sri. Bank of Canada. Staff discussion paper (Bank of Canada) 2017-14 (CaOODSP)9.806273 PDF 591 KB https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-6-2017-15-eng.pdf