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1、NBERWORKINGPAPERSERIESWHAT’SSOSPECIALABOUTCHINA’SEXPORTS?DaniRodrikWorkingPaper11947http://www.nber.org/papers/w11947NATIONALBUREAUOFECONOMICRESEARCH1050MassachusettsAvenueCambridge,MA02138January2006Theviewsexpressedhereinarethoseoftheauthor(s)anddonotnecessarilyreflecttheviewsoftheNat
2、ionalBureauofEconomicResearch.©2006byDaniRodrik.Allrightsreserved.Shortsectionsoftext,nottoexceedtwoparagraphs,maybequotedwithoutexplicitpermissionprovidedthatfullcredit,including©notice,isgiventothesource.What’sSoSpecialaboutChina’sExports?DaniRodrikNBERWorkingPaperNo.11947January2006J
3、ELNo.F1,O4ABSTRACTMuchmorethancomparativeadvantageandfreemarketshavebeenatplayinshapingChina'sexportsuccess.Governmentpolicieshavehelpednurturedomesticcapabilitiesinconsumerelectronicsandotheradvancedareasthatwouldmostlikelynothavedevelopedintheirabsence.Asaresult,Chinahasendedupwithane
4、xportbasketthatissignificantlymoresophisticatedthanwhatwouldbenormallyexpectedforacountryatitsincomelevel.ThishasbeenanimportantdeterminantofChina'srapidgrowth.WhatmattersforChina'sfuturegrowthisnotthevolumeofexports,butwhetherChinawillcontinuetolatchontohigher-incomeproductsovertime.Da
5、niRodrikJohnF.KennedySchoolofGovernmentHarvardUniversity79JFKStreetCambridge,MA02138andNBERdani_rodrik@harvard.edu*WHAT’SSOSPECIALABOUTCHINA’SEXPORTS?DaniRodrikHarvardUniversityRevised,January2006I.IntroductionThephenomenalperformanceofChinaconstitutesthegreateconomicmiracleofthelastqua
6、rtercentury.China’seconomyhasexpandedbyleapsandbounds,athistoricallyunprecedentedratesthatfeweconomistswouldhavefoundplausibleorfeasibleexante.Moreimportantly,thisgrowthhasliftedhundredsofmillionsofpeoplefromdeeppovertyandhashelpedimprovehealth,education,andothersocialstandards.Chinahas
7、accomplishedallthisusingitsownbrandofexperimentalgradualism--increasinglyrelyingonmarketsandonpricesignals,yetuntilveryrecentlydoingsowithintheboundariesofahighlyunorthodoxsetofinstitutions.Thattradehasplayedasignificantroleinthistransformationisbeyonddispute.Chinawouldlikelyha
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