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Purpose - This study analyzes economic relations and mutual influence in the global equipment manufacturing industry (EMI) and China’s influence.
Research design, data, and methodology - Data were collected from the World Input-Output Database (WIOT), looking at 16 countries. The sample time period was 2002-2011. Influence and motivation coefficients were calculated.
Results - 1) China’s EMI showed a very strong influence coefficient, even surpassing world industrial powers like Japan, the USA, Germany, and Korea.
2) As for influence on added-value, China’s EMI motivation coefficient was ranked third in 2011, which meant it had a negligible effect on added-value.
3) From 2002 to 2011, both the influence and motivation coefficients of China’s EMI rose.
Conclusions – China’s EMI has strong influence and motivation coefficients. It has a significant impact on the world EMI, especially on the total output of the global EMI. Additionally, during 2002 to 2011, the ranking of China’s EMI motivation coefficient improved year over year, and its economic efficiency obviously improved. By 2011, China’s EMI’s international influence was second only to the US and Japan.
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참고문헌 (16)
참고문헌 신청
Chen, Ai-zhen / 2011 / Determinants of Chinese Machinery Industries’ Position in GVCs : Based on Input-output Empirical Analysis of Divided Industries / Journal of International Trade 4:115~125
Chenery, H. B. / 1953 / The Structure and Growth of the Italian Economy / US Mutual Security Agency :97~129
Fonseca, M. / 2005 / Global Value Chains and Technological Upgrading in Peripheral Regions: the Footwear Industry in North Portugal / Paper Presented for Regional Studies Association International Conference
Hummels, David / 2001 / The Nature and Growth of Vertical Specialization in World Trade / Journal of International Economics 54(1):75~96
Li, Huiyan / 2013 / Study on Influencing Factors of Vertical Specialization Position of Chinese Equipment Manufacturing Industry / Soft Science 27(10):64~73
Chenery, H. B. / 1953 / The Structure and Growth of the Italian Economy / US Mutual Security Agency :97~129
Fonseca, M. / 2005 / Global Value Chains and Technological Upgrading in Peripheral Regions: the Footwear Industry in North Portugal / Paper Presented for Regional Studies Association International Conference
Hummels, David / 2001 / The Nature and Growth of Vertical Specialization in World Trade / Journal of International Economics 54(1):75~96
Li, Huiyan / 2013 / Study on Influencing Factors of Vertical Specialization Position of Chinese Equipment Manufacturing Industry / Soft Science 27(10):64~73
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