Shanghai’s Economic Internal Structure and Linkages with Domestic and International Markets: Input-Output Analysis
Lin Sun

Abstract
The purpose of this paper is to examine the change of Shanghai’s internal economic structure and the linkages of Shanghai economy with the rest of China (ROC, domestic market) and the rest of the world (ROW, international market) based on the input-output tables of 1997, 2002, 2007 and 2012. The results indicate that Shanghai’s economy over this period has become integrated more with the ROW than with ROC before 2008, but after 2008 financial crisis, the opposite phenomenon has happened. With respect to ROC, Shanghai is more of a supplier than a source of demand. With respect to ROW, however, Shanghai is both a supplier and a source of demand, reflecting a high degree of integration of Shanghai with the world market and the rest of China.

Full Text: PDF