Effect of China’s Emergence on its Neighbors: the Value Added Approach

碩士 === 國立臺灣大學 === 經濟學研究所 === 106 === This paper performs the measurement of value added content created by a country (or a sector) during the production process by the value added approach rather than conventional gross trade statistics. Applying this measurement, the domestic intermediate value add...

Full description

Bibliographic Details
Main Authors: Shang-Chieh Huang, 黃尚傑
Other Authors: 劉碧珍
Format: Others
Language:zh-TW
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/v6mx42
Description
Summary:碩士 === 國立臺灣大學 === 經濟學研究所 === 106 === This paper performs the measurement of value added content created by a country (or a sector) during the production process by the value added approach rather than conventional gross trade statistics. Applying this measurement, the domestic intermediate value added (DIVA) and foreign intermediate value added (FIVA) embodied in the manufacturing process of final goods using intermediate goods as inputs can be calculated. Furthermore, the analysis of DIVA and FIVA change against different China’s international trade policies from 1995 to 2011 is thus achievable. In this paper, the statistical analysis indicates the FIVA’s compound annual growth rate (CAGR) of medium and high technology intensity sectors dramatically decreases after 2006. Specifically, it implies the red supply policies in China target at those sectors with medium and high technology and pan out. From the aspect of difference between countries, Taiwan, Japan and Korea come up against a larger negative effect after adopting the red supply polices by China. In addition to that, this paper examines how the China’s value added exports (VAE) effects on its neighbors’ VAE by gravity model. Do China’s neighbors encounter a “substitution effects” or a “complementary effect” due to China’s emergence? The empirical results reveal that China’s policies in different period lead a negative effect on its high income neighbors in each sector, also a negative effect on its medium and low income neighbors in high technological intensity sectors, instead a positive effect on its medium and low income neighbors in medium and low technological intensity sectors.