Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

The Substitution among the Exports of Taiwan, China, and Other Countries to the United States*

23.06.2008
This research found 63 %, 60 %, and 33 % of the highly human capital—intensive exports from Taiwan, Korea, and Japan, respectively, have been replaced by China.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.

Spring/Summer 2008, Vol. 7, No. 2, Pages 1-31
Posted Online June 19, 2008.
(doi:10.1162/asep.2008.7.2.1)
The Substitution among the Exports of Taiwan, China, and Other Countries to the United States*
Author: Pochih Chen
National Taiwan University, 21 Hsu Chow Rd. Taipei, Taiwan. pochih@taiwanthinktank.org

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percent, and 33 percent of the highly human capital—intensive exports from Taiwan, Korea, and Japan, respectively, have been replaced by China.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
Further information:
http://www.mitpressjournals.org/doi/abs/10.1162/asep.2008.7.2.1
http://www.keio.ac.jp/index-en.html
http://www.researchsea.com

More articles from Business and Finance:

nachricht Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)

nachricht Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Physicists Design Ultrafocused Pulses

Physicists working with researcher Oriol Romero-Isart devised a new simple scheme to theoretically generate arbitrarily short and focused electromagnetic fields. This new tool could be used for precise sensing and in microscopy.

Microwaves, heat radiation, light and X-radiation are examples for electromagnetic waves. Many applications require to focus the electromagnetic fields to...

Im Focus: Carbon Nanotubes Turn Electrical Current into Light-emitting Quasi-particles

Strong light-matter coupling in these semiconducting tubes may hold the key to electrically pumped lasers

Light-matter quasi-particles can be generated electrically in semiconducting carbon nanotubes. Material scientists and physicists from Heidelberg University...

Im Focus: Flexible proximity sensor creates smart surfaces

Fraunhofer IPA has developed a proximity sensor made from silicone and carbon nanotubes (CNT) which detects objects and determines their position. The materials and printing process used mean that the sensor is extremely flexible, economical and can be used for large surfaces. Industry and research partners can use and further develop this innovation straight away.

At first glance, the proximity sensor appears to be nothing special: a thin, elastic layer of silicone onto which black square surfaces are printed, but these...

Im Focus: 3-D scanning with water

3-D shape acquisition using water displacement as the shape sensor for the reconstruction of complex objects

A global team of computer scientists and engineers have developed an innovative technique that more completely reconstructs challenging 3D objects. An ancient...

Im Focus: Manipulating Electron Spins Without Loss of Information

Physicists have developed a new technique that uses electrical voltages to control the electron spin on a chip. The newly-developed method provides protection from spin decay, meaning that the contained information can be maintained and transmitted over comparatively large distances, as has been demonstrated by a team from the University of Basel’s Department of Physics and the Swiss Nanoscience Institute. The results have been published in Physical Review X.

For several years, researchers have been trying to use the spin of an electron to store and transmit information. The spin of each electron is always coupled...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Clash of Realities 2017: Registration now open. International Conference at TH Köln

26.07.2017 | Event News

Closing the Sustainability Circle: Protection of Food with Biobased Materials

21.07.2017 | Event News

»We are bringing Additive Manufacturing to SMEs«

19.07.2017 | Event News

 
Latest News

Programming cells with computer-like logic

27.07.2017 | Life Sciences

Identified the component that allows a lethal bacteria to spread resistance to antibiotics

27.07.2017 | Life Sciences

Malaria Already Endemic in the Mediterranean by the Roman Period

27.07.2017 | Health and Medicine

VideoLinks
B2B-VideoLinks
More VideoLinks >>>