Export Technological Sophistication of China: Measurement and Impact Factor
What matters for China’s future growth is not the volume of exports, but whether China will continue to enhance the export competitiveness of high-tech products. Using the export data of 25 countries from 1998 to 2019, this paper measures the export technological sophistication of machinery and tran...
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Format: | Article |
Language: | English |
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Wiley
2021-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2021/3561495 |
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author | Peishan Fan |
author_facet | Peishan Fan |
author_sort | Peishan Fan |
collection | DOAJ |
description | What matters for China’s future growth is not the volume of exports, but whether China will continue to enhance the export competitiveness of high-tech products. Using the export data of 25 countries from 1998 to 2019, this paper measures the export technological sophistication of machinery and transport equipment and constructs an empirical model to study the impact factors of export technological sophistication of machinery and transport equipment in China. The results show that the export technological sophistication is not high, although the export volume of machinery and transportation equipment is large. FDI, human capital, and the previous phase of export technological sophistication have a significant positive effect on the technological sophistication of export; however, the abundant natural resource has a significant negative effect. Finally, some countermeasures and suggestions are put forward based on the empirical results. |
format | Article |
id | doaj-art-d8c4334e9abb47d18ad757ca4430356e |
institution | Kabale University |
issn | 1026-0226 1607-887X |
language | English |
publishDate | 2021-01-01 |
publisher | Wiley |
record_format | Article |
series | Discrete Dynamics in Nature and Society |
spelling | doaj-art-d8c4334e9abb47d18ad757ca4430356e2025-02-03T01:24:41ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/35614953561495Export Technological Sophistication of China: Measurement and Impact FactorPeishan Fan0China Machinery Import and Export (Group) Co., Ltd., Beijing, ChinaWhat matters for China’s future growth is not the volume of exports, but whether China will continue to enhance the export competitiveness of high-tech products. Using the export data of 25 countries from 1998 to 2019, this paper measures the export technological sophistication of machinery and transport equipment and constructs an empirical model to study the impact factors of export technological sophistication of machinery and transport equipment in China. The results show that the export technological sophistication is not high, although the export volume of machinery and transportation equipment is large. FDI, human capital, and the previous phase of export technological sophistication have a significant positive effect on the technological sophistication of export; however, the abundant natural resource has a significant negative effect. Finally, some countermeasures and suggestions are put forward based on the empirical results.http://dx.doi.org/10.1155/2021/3561495 |
spellingShingle | Peishan Fan Export Technological Sophistication of China: Measurement and Impact Factor Discrete Dynamics in Nature and Society |
title | Export Technological Sophistication of China: Measurement and Impact Factor |
title_full | Export Technological Sophistication of China: Measurement and Impact Factor |
title_fullStr | Export Technological Sophistication of China: Measurement and Impact Factor |
title_full_unstemmed | Export Technological Sophistication of China: Measurement and Impact Factor |
title_short | Export Technological Sophistication of China: Measurement and Impact Factor |
title_sort | export technological sophistication of china measurement and impact factor |
url | http://dx.doi.org/10.1155/2021/3561495 |
work_keys_str_mv | AT peishanfan exporttechnologicalsophisticationofchinameasurementandimpactfactor |