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Effect of regional factor productivity on manufacturing sector: The case of Sino-Pak economic ties

机译:区域因素生产率对制造业的影响:中巴经济联系的案例

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Introduction Economic ties and trade blocs increase the flow of trade between participating countries and lead to different levels of economic and structural changes. Case description This paper focuses on the structure of industrial value-added between China and Pakistan, as the two countries recently launched the CPEC (China-Pakistan Economic Corridor) project. Discussion and evaluation This study utilizes panel data from 1995 to 2015 to test certain factor effects on regional value-added through econometric analyses. The results show that each country has its own economic growth rate and market size that respond differently to industrial value-added production. Conclusion Aggregate factor productivity at China is higher than in Pakistan but growth in factor productivity in the latter is higher than the former; similarly, the share of bilateral trade is higher in the case of Pakistan. Although each country responds differently to the new economic ties, the macroeconomic results support bilateral economic ties between them.
机译:介绍经济联系和贸易集团增加参与国之间的贸易流程,导致不同程度的经济和结构变化。案例描述本文侧重于中国与巴基斯坦之间的工业增值结构,因为两国最近推出了CPEC(中国 - 巴基斯坦经济走廊)项目。讨论和评估本研究利用1995年至2015年的小组数据来测试通过计量计量分析的区域增值对某些因子效应。结果表明,每个国家都有自己的经济增长率和市场规模,对工业增值制作进行了不同的反应。结论中国的总因素生产率高于巴基斯坦,但后者的主要生产力增长高于前者;同样,在巴基斯坦的情况下,双边贸易的份额更高。虽然每个国家对新的经济联系不同,但宏观经济结果支持他们之间的双边经济关系。

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