The Changing Role of Asian Manufacturing Industry in the International Production Fragmentation

碩士 === 中原大學 === 國際經營與貿易研究所 === 102 === With the advancement of information technology and trade liberalization, the production system of enterprises has gradually globalized to strive for competitive production factors and to reduce costs under global competition, and thus the system of internationa...

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Bibliographic Details
Main Authors: Feng-Wei Liu, 劉峰瑋
Other Authors: Shih-Mo Lin
Format: Others
Language:en_US
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/mjadj8
Description
Summary:碩士 === 中原大學 === 國際經營與貿易研究所 === 102 === With the advancement of information technology and trade liberalization, the production system of enterprises has gradually globalized to strive for competitive production factors and to reduce costs under global competition, and thus the system of international production fragmentation is formed. In recent years, the trend in the signature of Free Trade Agreement in Asia and other regions has been in the ascendant. However, Taiwan is isolated from this tidal wave and this certainly will have an impact on Taiwan whose economic development strategy has always been primarily export-oriented. In the light of this, it is very important for Taiwan to have an insight into its own weakness and to plan a good coping strategy to consolidate its future position in the international production fragmentation. By adopting the World Input-output Table under the framework of multinational industrial relevance, this study has estimated the international production fragmentation index in the manufacturing industries of the major Asian countries from 1995 to 2011, and thereby analyzed the industries that Taiwan shall value and develop in consideration of different regions. By using the panel data model, the study has also estimated and analyzed the main factors that affect the degree of specialization in the manufacturing industry, in order to provide important reference information for planning the industrial development strategies in the future. The analysis results of this study show that there is certain difference between the industries that Taiwan should value and develop in consideration of different regions. Accordingly, policymakers may consider different industrial development strategies when managing the cooperation relationship of economy and trade in different regions. Additionally, according to the econometric estimation results in the manufacturing industry, the import of intermediate goods, FDI and the growth of average income per capita will improve the degree of international production fragmentation; and the export of intermediate goods and the growth of value added will cause the decline of international production fragmentation. However, we can take the opportunity of international production fragmentation to improve technology so that we can replace the export of final goods in other countries and increase the value added of the industry.