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008171124s2017    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |aa-cc---
0861 |aFB3-6/2017-15E-PDF
1001 |aKruger, Mark,|d1959-
24510|aProduct sophistication and the slowdown in Chinese export growth |h[electronic resource] / |cby Mark Kruger, Walter Steingress and Sri Thanabalasingam.
260 |a[Ottawa] : |bBank of Canada, |c2017.
300 |aii, 24 p. : |bcol. charts
4901 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2017-15
500 |a"November 2017."
504 |aIncludes bibliographical references (p. 21).
5203 |a"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.
546 |aIncludes abstract in French.
69207|2gccst|aExports
69207|2gccst|aExchange rates
69207|2gccst|aInternational economics
7001 |aSteingress, Walter.
7001 |aThanabalasingam, Sri.
7102 |aBank of Canada.
830#0|aStaff discussion paper (Bank of Canada)|v2017-14|w(CaOODSP)9.806273
85640|qPDF|s591 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-6-2017-15-eng.pdf