115 / 2017-06-08 10:36:07

The Study on the International Competitiveness of China 's Service Trade around the Financial Crisis -- An Empirical Analysis Based on RCA and TC Index

trade in services competitiveness,dominant comparative advantage index,trade competitiveness index

Abstract: This paper first analyzes the current situation of China's service trade before and after the financial crisis through a large number of data. Then, based on the explicit comparative advantage index (RCA index) and trade competitiveness index (TC index), this paper analyzes the characteristics of China's trade in services Comparative advantage and dominant competitive advantage, the study found that China's tourism, construction, other business services in the RCA index is greater than 1, has a strong comparative advantage. The RCA index and the TC index of the other industrial and commercial services sectors have been declining since the financial crisis in 2008, while the RCA and TC indices of the building have been rising, indicating that the comparative advantage and competitive advantage have been increasing. The RCA index of the transportation services 1, the comparative advantage is comparable with the international level, but the TC index fell from -0.13 to -0.43 after the financial crisis, indicating that China's competitive advantage decreased; communication computer and information services industry RCA index rose from 0.40 to 1.12, TC index also continued Rise, its development is more rapid. Finally, the relevant suggestions are given.