Has China Displaced its Competitors in Highâ€ tech Trade?
Cong Pham (),
Pasquale Sgro () and
The World Economy, 2017, vol. 40, issue 8, 1569-1596
This paper empirically investigated the extent to which China displaced its competitors in highâ€ tech exports using disaggregated data for the period 1992â€“2013. To address the endogeneity problem, we used a comprehensive set of instruments for Chinese highâ€ tech exports in relevant markets, including China's GDP and distances to those markets. Results of our IV regressions revealed that in most of the highâ€ tech sectors, Chinese exports had displaced the exports of its developing competitors such as India, South American exporters like Brazil and Mexico, and Southâ€ East Asian countries like Malaysia, Singapore, Thailand and Vietnam, especially in the period prior to the 2007â€“08 global financial crisis. Yet, Chinese exports had been associated with more highâ€ tech exports of developed exporters like OECD countries, South Korea and Japan. Our findings suggest that while China became the world's top highâ€ tech exporter, its highâ€ tech exported products had been substitutes to those of other developing and emerging economies but complementary to that of developed economies.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:worlde:v:40:y:2017:i:8:p:1569-1596
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0378-5920
Access Statistics for this article
The World Economy is currently edited by David Greenaway
More articles in The World Economy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().