抄録
In the global economy, dispersion of production has become a main force of international manufacturing, which has its own impetus and mechanism. After analyzing the connotations and effects of dispersion of production, we set some hypotheses and estimate the degree of both the integration of trade and the dispersion of production in the Yangtze River Delta area as well as the whole nation of China based on input-output tables. Then, a correlation test between the dispersion of production and the integration of trade is performed. The empirical tests support the hypothesis that integration of trade and dispersion of production can explain each other. Other variables, such as extroversive index, capitalization index, and transaction cost etc. can also explain integration of trade and dispersion of production. The Granger-causality test reveals that both the dispersion of production and the export extroversive index are causes of the integration of trade, and the capitalization index is not only the cause of the integration of trade but also the cause of the dispersion of production.
JEL Classification: F23, R11
