Therefore, more products from advanced countries will be replaced by China in the near future.
The substitution among the exports of countries is a major phenomenon and foundation of the fast-changing global economy. However, the econometric method using aggregate data can usually estimate the extent of substitution only several years after the substitution has happened.
This paper designed a detailed market share (DMS) analysis method that uses detailed trade data to document the actual replacement among the exports of different countries. The DMS indicators can measure the replacement that happened in every product or product group for every year. Therefore, DMS indicators can also be used as variables in further econometric research.
This paper employed indicators to analyze the exports of Taiwan and China to the United States during 1990 and 2006. We found that the proportion of Taiwan's exports to the United States that was replaced by China during this period was about 71 percent to 85 percent.
Taiwan, Japan, and other developed countries were the major sources of China's export growth. China also replaced a great part of developing countries' exports. China has also started to replace the high-end products of advanced countries.
We found that 63 percent, 60 percent, and 33 percent of the highly human capital—intensive exports from Taiwan, Korea, and Japan, respectively, have been replaced by China. Most of these replacements happened in high-end products after 2000. Therefore, more products from advanced countries will be replaced by China in the near future.
Center for Research Promotion | ResearchSEA
Blockchain Set to Transform the Financial Services Market
28.09.2016 | HHL Leipzig Graduate School of Management
Paper or plastic?
08.07.2016 | University of Toronto
Terahertz excitation of selected crystal vibrations leads to an effective magnetic field that drives coherent spin motion
Controlling functional properties by light is one of the grand goals in modern condensed matter physics and materials science. A new study now demonstrates how...
Researchers from the Institute for Quantum Computing (IQC) at the University of Waterloo led the development of a new extensible wiring technique capable of controlling superconducting quantum bits, representing a significant step towards to the realization of a scalable quantum computer.
"The quantum socket is a wiring method that uses three-dimensional wires based on spring-loaded pins to address individual qubits," said Jeremy Béjanin, a PhD...
In a paper in Scientific Reports, a research team at Worcester Polytechnic Institute describes a novel light-activated phenomenon that could become the basis for applications as diverse as microscopic robotic grippers and more efficient solar cells.
A research team at Worcester Polytechnic Institute (WPI) has developed a revolutionary, light-activated semiconductor nanocomposite material that can be used...
By forcefully embedding two silicon atoms in a diamond matrix, Sandia researchers have demonstrated for the first time on a single chip all the components needed to create a quantum bridge to link quantum computers together.
"People have already built small quantum computers," says Sandia researcher Ryan Camacho. "Maybe the first useful one won't be a single giant quantum computer...
COMPAMED has become the leading international marketplace for suppliers of medical manufacturing. The trade fair, which takes place every November and is co-located to MEDICA in Dusseldorf, has been steadily growing over the past years and shows that medical technology remains a rapidly growing market.
In 2016, the joint pavilion by the IVAM Microtechnology Network, the Product Market “High-tech for Medical Devices”, will be located in Hall 8a again and will...
14.10.2016 | Event News
14.10.2016 | Event News
12.10.2016 | Event News
24.10.2016 | Earth Sciences
24.10.2016 | Life Sciences
24.10.2016 | Physics and Astronomy