Study on the Growth Potential of Beijing's Service Trade Export

Research Article
Open access

Study on the Growth Potential of Beijing's Service Trade Export

Guiliang Liu 1* , Yujie Shi 2 , Beibei Wang 3
  • 1 School of Economics, Beijing Wuzi University. 17, 69121 Beijing, China    
  • 2 School of Economics, Beijing Wuzi University. 17, 69121 Beijing, China    
  • 3 School of Economics, Beijing Wuzi University. 17, 69121 Beijing, China    
  • *corresponding author lglecon@163.com
Published on 21 March 2023 | https://doi.org/10.54254/2754-1169/4/2022987
AEMPS Vol.4
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-17-1
ISBN (Online): 978-1-915371-18-8

Abstract

In 2020, the comprehensive pilot project of expanding the opening-up of Beijing's service industry has entered a new stage of comprehensive upgrading. It is of great practical significance to study the growth potential source of Beijing's service trade export. Based on the data of 2012-2018 Beijing service export volume and the national service export volume of 2012-2018, this paper uses the Dynamic shift - share model to analyze the dynamic evolution of the export structure and competitiveness of Beijing service trade. The study shows that the overall growth rate of Beijing's service export lags behind the national standard level. All the traditional service export departments have competitive disadvantages and their competitiveness is declining year by year. Among the modern service export departments, financial and insurance service exports have gradually shown competitive advantages since Beijing became the comprehensive pilot to expand the opening up of the service industry in 2015, but other modern service export departments still face the problem of insufficient competitiveness. According to the study, Beijing should promote the digital transformation and upgrading of the traditional service export sector, steadily promote the development of financial service trade, and enhance its professional export capacity.

Keywords:

service trade export, Dynamic shift - share model, service industry to expand the open up comprehensive pilot

Liu,G.;Shi,Y.;Wang,B. (2023). Study on the Growth Potential of Beijing's Service Trade Export. Advances in Economics, Management and Political Sciences,4,681-692.
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References

[1]. ARNOLD J M, JAVORCIK B.MATTOO A, Services Reform and Manufacturing Performance: Evidence from India[J].The Economic Journal Volume 126, Issue 590. 2016. PP 1-39

[2]. Tang Baoqing, Huang Fanhua, Yang Jijun. Service Trade Export, Intellectual Property Protection and Economic Growth [J]. China Economic Quarterly, 2012,11 (01): 155-180.

[3]. Borchert I, Gootiiz B, Gover A, et al.Landlocked or Policy Locked? How Service Trade Protection Deepens Economic Isolation[J].World Bank Policy Research Working Paper,2012,9(5942).

[4]. Lin Xi, Bao Xiaohua. How do regional service trade agreements affect service trade traffic? —— based on value added trade [J]. Economic Research Journal, 2018,53 (01): 169-182.

[5]. Lin Xi. Impact of regional service trade agreement on service export: Mechanism and effect [J]. The Journal of World Economy, 2021,44 (06): 50-71.

[6]. Sun Yuhong, Zhao Lingyu, Zhou Shuangyan. Research on the Impact of Free Trade Agreement on China's Service Trade Export [J]. International Business (Journal of University of International Business and Economics), 2021 (02): 59-76.

[7]. Jiang Xiaojuan, Luo Libin.—— new engine, acceleration and great power competitiveness of service globalization in the Internet era [J]. Social Sciences in China, 2019 (02): 68-91 + 205-206.

[8]. Qi Junyan, Qiang Hua Jun. Have trade restrictions on digital services affected service exports?: Empirical analysis based on the digital services industry [J]. World Economic studies, 2021 (09): 37-52 + 134-135.

[9]. Yang Qiao. The impact of Internet popularity on trade in services —— is empirical evidence from 152 countries around the world [J]. Journal of Capital University of Economics and Trade, 2018,20 (02): 62-71.

[10]. Shen Guobing, Liang Sibi. Can IPR protection enhance the export competitiveness of China's service industry?[J]. Zhejiang Academic Journal, 2021 (02): 103-110

[11]. Zhou You, Tan Guangrong. Analysis of the synergistic effect of intellectual property rights protection, foreign direct investment and export structure optimization of producer services [J]. Journal of Capital University of Economics and Business, 2020,22 (04): 36-47

[12]. Zhang Jie, Yan Xinyu. New developments of the integration of producer services and manufacturing in Beijing: Based on the perspective of expanding opening up [J]. Journal of Capital University of Economics and Trade, 2022,24 (01): 18-31

[13]. Wang Diankai. Can expanding the opening-up of the service sector generate "institutional dividends"?—— took Beijing City as an example [J]. Journal of Capital University of Economics and Trade, 2020,22 (01): 60-68.

[14]. Barff R A, Knight III P L.Dynamic shift-share analysis [J]Growth & Change, 1988, 19(2):2 - 10.

Cite this article

Liu,G.;Shi,Y.;Wang,B. (2023). Study on the Growth Potential of Beijing's Service Trade Export. Advances in Economics, Management and Political Sciences,4,681-692.

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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅱ

ISBN：978-1-915371-17-1(Print) / 978-1-915371-18-8(Online)
Editor：Canh Thien Dang, Javier Cifuentes-Faura
Conference website: https://www.icemgd.org/
Conference date: 6 August 2022
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.4
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. ARNOLD J M, JAVORCIK B.MATTOO A, Services Reform and Manufacturing Performance: Evidence from India[J].The Economic Journal Volume 126, Issue 590. 2016. PP 1-39

[2]. Tang Baoqing, Huang Fanhua, Yang Jijun. Service Trade Export, Intellectual Property Protection and Economic Growth [J]. China Economic Quarterly, 2012,11 (01): 155-180.

[3]. Borchert I, Gootiiz B, Gover A, et al.Landlocked or Policy Locked? How Service Trade Protection Deepens Economic Isolation[J].World Bank Policy Research Working Paper,2012,9(5942).

[4]. Lin Xi, Bao Xiaohua. How do regional service trade agreements affect service trade traffic? —— based on value added trade [J]. Economic Research Journal, 2018,53 (01): 169-182.

[5]. Lin Xi. Impact of regional service trade agreement on service export: Mechanism and effect [J]. The Journal of World Economy, 2021,44 (06): 50-71.

[6]. Sun Yuhong, Zhao Lingyu, Zhou Shuangyan. Research on the Impact of Free Trade Agreement on China's Service Trade Export [J]. International Business (Journal of University of International Business and Economics), 2021 (02): 59-76.

[7]. Jiang Xiaojuan, Luo Libin.—— new engine, acceleration and great power competitiveness of service globalization in the Internet era [J]. Social Sciences in China, 2019 (02): 68-91 + 205-206.

[8]. Qi Junyan, Qiang Hua Jun. Have trade restrictions on digital services affected service exports?: Empirical analysis based on the digital services industry [J]. World Economic studies, 2021 (09): 37-52 + 134-135.

[9]. Yang Qiao. The impact of Internet popularity on trade in services —— is empirical evidence from 152 countries around the world [J]. Journal of Capital University of Economics and Trade, 2018,20 (02): 62-71.

[10]. Shen Guobing, Liang Sibi. Can IPR protection enhance the export competitiveness of China's service industry?[J]. Zhejiang Academic Journal, 2021 (02): 103-110

[11]. Zhou You, Tan Guangrong. Analysis of the synergistic effect of intellectual property rights protection, foreign direct investment and export structure optimization of producer services [J]. Journal of Capital University of Economics and Business, 2020,22 (04): 36-47

[12]. Zhang Jie, Yan Xinyu. New developments of the integration of producer services and manufacturing in Beijing: Based on the perspective of expanding opening up [J]. Journal of Capital University of Economics and Trade, 2022,24 (01): 18-31

[13]. Wang Diankai. Can expanding the opening-up of the service sector generate "institutional dividends"?—— took Beijing City as an example [J]. Journal of Capital University of Economics and Trade, 2020,22 (01): 60-68.

[14]. Barff R A, Knight III P L.Dynamic shift-share analysis [J]Growth & Change, 1988, 19(2):2 - 10.

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