An Investigation of the Changes in the Industrial Structure of Taiwan from the Perspective of Vertical Specialization

• Main Authors: Lin Shih Meng, 林詩孟
• Other Authors: Chen Hung Yi
• Format: Others
• Language: zh-TW
• Published: 2001
• Online Access: http://ndltd.ncl.edu.tw/handle/47692318381908126843

碩士 === 東吳大學 === 國際貿易學系 === 89 === This paper uses the vertical specialization perspective to calculate the VS value for the purpose of analyzing the changes in industrial structure of Taiwan over the past 15 years from the data in the Input-output table. The findings indicate that: First, the level of vertical specialization has a significant impact on Taiwan’s various industries and the total trade value of each year. Besides, increase in the level of vertical specialization of Taiwan contributes significantly toward the expansion and growth of international trade. Secondly, out of the three major industries, manufacturing industry has the highest level of vertical specialization and continues to grow consistently. It accounts for 90% of the total contribution toward the total level of vertical specialization in Taiwan. Thirdly, in the manufacturing industries, the of machinery and transport equipment is the highest, indicating that of all the exported goods, the value added feature of manufactured goods is the highest. Fourthly, advancement in hi-tech industries enhances the growth of the economy, but from the perspective of vertical specialization, both hi-tech industries and traditional industries are important industries of Taiwan. Finally, in vertical specialization, whenever goods cross national borders, tariffs are imposed. Therefore, a slight reduction in the tariffs rate could have a major contribution toward the expansion of vertical specialization and growth of international trade. The analysis indicates that there is a statistical significance between vertical specialization and tariffs. The relationship is negative and the reduction of tariff produces the increase of the vs.