CHINESE FOREIGN TRADE STRATEGIES ADJUSTMENT DURING THE POST-CRISIS ERA:EVIDENCE BASED ON A REGIONAL PANEL DATA MODLE
研究发现需求冲击和劳动力成本上升是导致中国出口萎缩的主要原因，且不同区域受冲击因素不同，建议后危机时代加速外贸结构转型升级。
We argue that demand shocks,supply shocks and resistance shocks,which originated from the world economic recession,have made distinguished negative consequences on China's export.Our country-wide panel data model provides robust evidence which strongly proves that demand shocks and the increasing labor cost(one of the main resistance shocks) are the reasons of China's export shrink.From regional perspective,our regression results suggest that declined foreign demand,increased labor cost and investment cut-down caused the East region's export shrink,whereas demand shocks and fallen material price to the Middle region,increased labor cost and fallen FDI to the West region.In the coming post-crisis era,we suggest China should accelerate the transformation and upgrading of foreign trade structure.Regionally,the tasks of optimizing the East region's export structure and nurturing the Middle's and the West's undertaking abilities for nationwide industrial transfer would be urgent.