"As China's export juggernaut employs many imported inputs, there are many policy questions for which it is crucial to …/tax-favored processing exports such as China, Mexico, and Vietnam. We develop a general formula for computing domestic and foreign contents … content in China's exports is at about 50%, almost twice the estimate given by the HIY formula. There are also interesting …

China has defied the declining trend in domestic content in exports in many countries. We study China's rising domestic … aggregation bias. We find that the substitution of domestic for imported materials by individual processing exporters caused China …