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Year 2020, Volume: 9 Issue: 4, 356 - 372, 31.12.2020

Nevzat Balıkcıoglu Irmak Turkkahraman

https://doi.org/10.17261/Pressacademia.2020.1316

Abstract

References

  • Amighini, A. (2005). China in the International Fragmentation of Production: Evidence from the ICT Industry. The European Journal of Comparative Economics 2(2), 203-219.
  • Angresano, James W. (2005). China’s Development Strategy: A Game of Chess that Countered Orthodox Development Advice. The Journal of Socio-Economics: 471-498.
  • Becker, J. (2007). Ejder is Raising. NTV Broadcasts: Istanbul. 35.
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  • China Country Bulletin, http://www.etonet.org.tr/uploads/cin.pdf ET
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  • Doğru, B. (2016). A Socialist Market Analysis of the Chinese Economy. Academician Bookstore: Ankara.
  • Ervani, E. Widodo, T. and Purnawan, E.M. (2018). East Asia’s Pattern of Export Specialization: Does Indonesia Compete with Japan, China, Hong Kong, Korea and Singapore? Doctoral Program, Faculty of Economics and Business, Universitas Gadjah Mada, Indonesia.
  • Han, K. and Lee, J. (2012). FDI and Vertical Intra-Industry Trade Between Korea and China. Korea and the World Economy, 13(1), 115-139.
  • Huang, H. and Wang, S. (2004). Exchange Rate Regimes: China's Experience and Choices, China Economic Review, Elsevier, 15(3), 336-342.
  • Jarreau, J. and Poncet, S. (2009). Export Sophistication of China’s Export and Foreign Spillovers. Working Papers, CEPII Research Center.
  • Knight, J. and Song, L. (2005). Towards a Labour Market in China. Oxford University Press. England.
  • Kösekahyaoğlu, L. and Özdamar, G. (2011). Turkey, China and India a Comparative Study on Sectoral Competitiveness. Journal of Uludağ University Faculty of Economics and Administrative Sciences, 30 (2), 29-49.
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  • Naughton, B. (2007). The Chinese Economy Transitions and Growth, Cambridge, Massachusetts: The MIT Press, 66.
  • Öğütçü, M. (1998). Rising Asia. Istanbul: Image Publishing.
  • Özer, M. and Çiftçi, N. (2009). R&D Based Endogenous Growth Models and the Impact of R&D Expenditure on Economic Growth: Panel Data Analysis of OECD Countries. Journal of Social Economic Research, 8(16), 219-240.
  • Özsoylu, A. F. (2006). China The Awakening of a Giant. Adana: Nobel Bookstore.
  • Pingyao, L. (2004). China’s Foreign Trade: Achievements, Determinants and Future Policy Challenges, China and World Economy, 6, 38-55.
  • Pingyao, L. (2006). China’s Macroeconomics Development: Stages and Nonlinear Convergence, China and World Economy, 14(1), 15-29.
  • Porath, L.C. (2004). Impacts of China’s WTO accession. University Laval Institut Québécois Des Hautes Études Internationales, Quebec. 48.
  • Shi, L. Sato, H. and Sicular, T. (2008). Rising Inequality in China: Key Issues and Finding, Rising Inequality in China: Challenges to a Harmonious Society, Cambridge University Press, 1-43.
  • Şahin, D. (2015). Measurement of Competitiveness in Turkey's labor intensive goods: Comparative Analysis with BRIC Countries. Cankiri Karatekin University Journal of the Institute of Social Sciences, 6 (2), 241-262.
  • Şahin, D. (2017). Foreign Trade of Labor Intensive Goods in Asean-5 Countries Analysis of the structure. Kırıkkale University Journal of Social Sciences, 7 (1), 229- 252.
  • Tan, Q. (2006). Decollectivisation and Reconstruction of Ownership in Rural China: Some Differences from Central and Eastern European Countries. The University of Liverpool Centre for Central and Eastern European Studies Working Paper, No:52, 6-10.
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  • Tseng, W. and Zebregs, H. (2002). Foreign Direct Investment in China: Some Lessons for Other Countries. IMF Policy Discussion Paper, 2(3),1-25.
  • Veeramani, C. (2006). India and China: Changing Patterns of Comparative Advantage? India Development Report. New Delhi: Oxford University Press.
  • Wong, J. and Ding, L. (2002). China’s Economy into The New Century. Shangai: World Scientific Publishing.
  • Yang, D. L. (1996). Calamity and Reform in China: State, Rural Society, and Institutional Change Since the Great Leap Famine, Stanford: Stanford University Press.
  • Zhu, C. J. (2005). Human Resource Management in China: Past, Current, and Future. HR Practices in the Industrial Sector, Routledge Curzon: New York.
  • https://oec.world/en/profile/country/chn/#Trade_Balance (ET : 25.07.2019).
  • https://oec.world/en/profile/country/chn/#Trade_Balance (ET : 25.07.2019).

DETERMINATION OF PRODUCT DIVERSITY IN CHINA'S EXPORT SECTORS IN 2001-2017 THROUGH CLUSTERING ANALYSIS

Year 2020, Volume: 9 Issue: 4, 356 - 372, 31.12.2020

Nevzat Balıkcıoglu Irmak Turkkahraman

https://doi.org/10.17261/Pressacademia.2020.1316

Abstract

Purpose- It is to evaluate the export-oriented general economic structure of China, which alone meets 20% of world exports today, and to reveal the changes and cluster differences in the export products group of China before and after its membership to the WTO.
Methodology- It is to reveal and interpret the change in China's exports before and after becoming a member of the WTO by sectoral cluster analysis method.
Findings- When China's total export from 1992 to 2017 and the export changes in 25 different sectors are examined, it is observed that there is a significant increase in all sectors.
Conclusion- Statistically significant differences were found for each sector before and after China’s WTO membership. This shows that China's membership is meaningful. In addition, after becoming a member of the WTO, while the agricultural raw material sector was the least specialized and the lowest competitive sector in Chinese exports, the sector with the highest competitive power was its mechanical electronic devices and machinery. In other words, after the WTO membership, it is seen that China's total exports increased approximately 10 times during 2001.

Keywords

WTO People's Republic of China clustering analysis method export globalization

References

  • Amighini, A. (2005). China in the International Fragmentation of Production: Evidence from the ICT Industry. The European Journal of Comparative Economics 2(2), 203-219.
  • Angresano, James W. (2005). China’s Development Strategy: A Game of Chess that Countered Orthodox Development Advice. The Journal of Socio-Economics: 471-498.
  • Becker, J. (2007). Ejder is Raising. NTV Broadcasts: Istanbul. 35.
  • Bulum, A. Z, Ersöz, F. and Ersöz, T. (2013). A Study on the International Trade Volumes of the World Trade Organization (WTO) Member Countries. Nevşehir Science and Technology Journal. 2 (2), 153-165.
  • China Country Bulletin, http://www.etonet.org.tr/uploads/cin.pdf ET
  • Çelik, C. (2016). Increasing the Scope of Turkey's Export Potential Assessment of China's Export Policy. (Master thesis). General Directorate of Economic Models and Strategic Research, Ankara.
  • Doğru, B. (2016). A Socialist Market Analysis of the Chinese Economy. Academician Bookstore: Ankara.
  • Ervani, E. Widodo, T. and Purnawan, E.M. (2018). East Asia’s Pattern of Export Specialization: Does Indonesia Compete with Japan, China, Hong Kong, Korea and Singapore? Doctoral Program, Faculty of Economics and Business, Universitas Gadjah Mada, Indonesia.
  • Han, K. and Lee, J. (2012). FDI and Vertical Intra-Industry Trade Between Korea and China. Korea and the World Economy, 13(1), 115-139.
  • Huang, H. and Wang, S. (2004). Exchange Rate Regimes: China's Experience and Choices, China Economic Review, Elsevier, 15(3), 336-342.
  • Jarreau, J. and Poncet, S. (2009). Export Sophistication of China’s Export and Foreign Spillovers. Working Papers, CEPII Research Center.
  • Knight, J. and Song, L. (2005). Towards a Labour Market in China. Oxford University Press. England.
  • Kösekahyaoğlu, L. and Özdamar, G. (2011). Turkey, China and India a Comparative Study on Sectoral Competitiveness. Journal of Uludağ University Faculty of Economics and Administrative Sciences, 30 (2), 29-49.
  • Lim, R. (2006). Creating a Globally Connected Asia Community, Finance and Development, 43 (2), 29.
  • Naughton, B. (2007). The Chinese Economy Transitions and Growth, Cambridge, Massachusetts: The MIT Press, 66.
  • Öğütçü, M. (1998). Rising Asia. Istanbul: Image Publishing.
  • Özer, M. and Çiftçi, N. (2009). R&D Based Endogenous Growth Models and the Impact of R&D Expenditure on Economic Growth: Panel Data Analysis of OECD Countries. Journal of Social Economic Research, 8(16), 219-240.
  • Özsoylu, A. F. (2006). China The Awakening of a Giant. Adana: Nobel Bookstore.
  • Pingyao, L. (2004). China’s Foreign Trade: Achievements, Determinants and Future Policy Challenges, China and World Economy, 6, 38-55.
  • Pingyao, L. (2006). China’s Macroeconomics Development: Stages and Nonlinear Convergence, China and World Economy, 14(1), 15-29.
  • Porath, L.C. (2004). Impacts of China’s WTO accession. University Laval Institut Québécois Des Hautes Études Internationales, Quebec. 48.
  • Shi, L. Sato, H. and Sicular, T. (2008). Rising Inequality in China: Key Issues and Finding, Rising Inequality in China: Challenges to a Harmonious Society, Cambridge University Press, 1-43.
  • Şahin, D. (2015). Measurement of Competitiveness in Turkey's labor intensive goods: Comparative Analysis with BRIC Countries. Cankiri Karatekin University Journal of the Institute of Social Sciences, 6 (2), 241-262.
  • Şahin, D. (2017). Foreign Trade of Labor Intensive Goods in Asean-5 Countries Analysis of the structure. Kırıkkale University Journal of Social Sciences, 7 (1), 229- 252.
  • Tan, Q. (2006). Decollectivisation and Reconstruction of Ownership in Rural China: Some Differences from Central and Eastern European Countries. The University of Liverpool Centre for Central and Eastern European Studies Working Paper, No:52, 6-10.
  • The Global Trade Atlas (2018), Global Trade Informatıon Servıces.
  • The World Bank. https: //data.worldbank.org/indicator/ (E.T: 02.08.2019).
  • Tseng, W. and Zebregs, H. (2002). Foreign Direct Investment in China: Some Lessons for Other Countries. IMF Policy Discussion Paper, 2(3),1-25.
  • Veeramani, C. (2006). India and China: Changing Patterns of Comparative Advantage? India Development Report. New Delhi: Oxford University Press.
  • Wong, J. and Ding, L. (2002). China’s Economy into The New Century. Shangai: World Scientific Publishing.
  • Yang, D. L. (1996). Calamity and Reform in China: State, Rural Society, and Institutional Change Since the Great Leap Famine, Stanford: Stanford University Press.
  • Zhu, C. J. (2005). Human Resource Management in China: Past, Current, and Future. HR Practices in the Industrial Sector, Routledge Curzon: New York.
  • https://oec.world/en/profile/country/chn/#Trade_Balance (ET : 25.07.2019).
  • https://oec.world/en/profile/country/chn/#Trade_Balance (ET : 25.07.2019).
There are 34 citations in total.

Details

Primary Language English
Subjects Economics, Finance, Business Administration
Journal Section Articles
Authors

Nevzat Balıkcıoglu This is me 0000-0002-8642-9013

Irmak Turkkahraman This is me 0000-0001-6528-652X

Publication Date December 31, 2020
Published in Issue Year 2020 Volume: 9 Issue: 4

Cite

APA Balıkcıoglu, N., & Turkkahraman, I. (2020). DETERMINATION OF PRODUCT DIVERSITY IN CHINA’S EXPORT SECTORS IN 2001-2017 THROUGH CLUSTERING ANALYSIS. Journal of Business Economics and Finance, 9(4), 356-372. https://doi.org/10.17261/Pressacademia.2020.1316

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