Title: On the Complementary of Comparative Advantage and Competitive Advantage of China's Labor-intensive Industries
Abstract: China's great population makes it rich in labor resources and it gives China the comparative advantage in labor-intensive industries. While comparative advantage comes from the difference in such resource as land, labor and capital, and it forms different competitiveness among different industries. Competitive advantage focuses much on the competitiveness of one industry among different countries. The comparativeness advantage of an industry can only be realized through the exertion of competitive advantage in international market.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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Cited By Count: 1
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