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An Analysis of the Hybrid Momentum for Comparative Advantage of China in Recent Years——Based on Applications and Development of Neo-Ricardian Model |
Gu Kejian Libing Liu |
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Abstract This paper follows Ricardian theorem on productivity and develops the Hybrid Momentum of comparative advantage into more comprehensive forces such as differentiated TFP, efficient factor endowments, economic institutions and so on. This model combines two significant foundations, Ricardian & H-O theories, in a more standard way. To testify the model, this paper empirically analyzes a sample of 19 sectors' trade flow of China to 30 countries from 2000 to 2006.The result has great economic and statistic meaning. At the end, the feasible policy suggestions are put forward.
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Received: 26 February 2009
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