Abstract：Basically, a country’s position in the global network of intra-product specialization is determined by its factor endowment. Under the influence of some variables, the position of a country in the global network could change within a given period of time to some degree. Based on 3 measuring indexes of participation mode, participation degree, and value-added ratio, this paper conducts an empirical study on the status of China’s involvement in the global network of intra-product specialization. The empirical result shows that China is moving up the value chain in the global network, though its current position in the network is still backward compared with most developed countries. In order to capture the “key tasks” in the intra-product specialization network, China needs to foster its own brands for products and develop its technology advantage in some industries based on its own factor endowment.
Keywords: Global Labor Division System, Intra-product Specialization, Vertical Specialization, Factor Endowment
source:Finance & Trade Economics ,No11,2013