Vertical Specialization and Inclusive Growth in China, Wei Wang

This book assesses these two trends quantitatively, giving evidence of the link between vertical specialization and inclusive growth, and then decomposing the inclusive growth effects of vertically specialized trade into six components: GDP growth, export growth, FDI, environment, employment, and innovation. It further explores the differing impact of conventional trade and processing trade on inclusive growth, providing direction for future policy. This second book by the author to consider vertical specialization stresses the importance of integration in driving inclusive growth.
Argues that inclusive growth and vertical specialization analyses must be performed togetherGives quantitative evidence for the link between vertical specialization and inclusive growth in ChinaInvestigates the different impact of conventional trade and processing trade on transition to inclusive growth in China, using comparative analysis techniquesOffers insight on forming future policy in China to increase inclusive growth