The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data

Qiang Jiang; Guangtong Wang

doi:doi:10.11648/j.jfa.20160402.16

| Peer-Reviewed

The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data

Qiang Jiang, Guangtong Wang

Published in Journal of Finance and Accounting (Volume 4, Issue 2)

Received: 13 April 2016 Published: 14 April 2016

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.

Published in	Journal of Finance and Accounting (Volume 4, Issue 2)
DOI	10.11648/j.jfa.20160402.16
Page(s)	64-70
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Core and Periphery Theory, Exports, Technology Progress, Value Chain Division

References

[1]	Acemoglu, D., 2003, Patterns of Skills Premia, The Review of Economic Studies, Vol. 70, No 2, PP. 199-230.
[2]	Alcala, F., Ciccone, A., 2004, Trade and Productivity, The Quarterly Journal of Economics, Vol. 119, No. 42, PP. 613-646.
[3]	Bhagwati, J., 1996, The Miracle That Did Happen: Understanding East Asia in Comparative Perspective, Key Note Speech Delivered at Cornell University on the Occasion of Conference on Government and Market: The Relevance of the Taiwanese Performance to Development Theory and Policy in Honor of Professor Liu and Tsiang.
[4]	Chow, G. C., 2007, China’s Economic Transformation, Oxford: Blackwell.
[5]	Delgado, M. A., Farinas, J. C., Ruano, S., 2002, Firm Productivity and Export Markets: A Non-Papametric Approach, Journal of International Economics, Vol. 57, No. 2, PP. 397-422.
[6]	Dilling-Hanse, M., Smith, V., 2015, R&D, Export and Productivity in Business Services Firms: Testing the Bustos Model. Applied Economics Letters, Vol. 22, No. 16, PP. 1309-1314
[7]	Felipe, J., 1997, Total Factor Productivity Growth in East Asia: A Critical Survey, Economics and Development Center Peport Series No. 65, Asian Development Bank, Manina.
[8]	Goldsmith, R., 1951, A Perpetual Inventory of National Wealth, NBER Working Paper, No. 14.
[9]	Grossman, G. M., Helpman, E., 1991, Trade, Knowledge Spillovers and Growth, European Economic Review, Vol. 35, No. 2, PP. 517-526.
[10]	Hall, R. E., Jones, C. I., 1999, Why Do Some Countries Produce So Much More Output Per Worker Than Others?, The Quarterly Journal of Economics, Vol. 114, No.1, PP. 83-116.
[11]	Krugman, P. R., 1979, Increasing Returns, Monopolistic Competition and International Trade, Journal of International Economics, Vol. 9, PP. 469-479.
[12]	Krugman, P. R., 1994, The Myth of Asia’s Miracle, Foreign Affairs, Vol. 73, No. 6, PP. 62-78.
[13]	Long, V. N., Riezman, R., Soubeyran, A., 2007, Trade, Wage Gaps and Specific Human Capital Accumulation, Review of International Economics, Vol. 15, No. 1, PP. 75-92.
[14]	Rodrigue, J., 2012, Multinational Production, Exports, and Aggregate Productivity, Review of Economic Dynamic, Vol. 17, PP. 243-261.
[15]	Romer, P. M., 1986, Increasing Returns and Long-run Growth, Journal of Political Economy, Vol. 94, PP. 1002-1037.
[16]	Stiglitz, J., 1974, Growth with exhaustible natural resources: Efficient and optimal growth paths, The Review of Economic Studies, Vol. 41, PP. 123-137.
[17]	Thangavelu, S. M., Owyong, D. T., 2003, The Impact of Export Growth and Scale Economics on Productivity in Singapore’s Manufacturing Industries, Journal of Economics Studies, Vol. 30, No. 6, PP. 623-635.

Cite This Article

Plain Text BibTeX RIS

APA Style

Qiang Jiang, Guangtong Wang. (2016). The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. Journal of Finance and Accounting, 4(2), 64-70. https://doi.org/10.11648/j.jfa.20160402.16

Copy | Download

ACS Style

Qiang Jiang; Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J. Finance Account. 2016, 4(2), 64-70. doi: 10.11648/j.jfa.20160402.16

Copy | Download

AMA Style

Qiang Jiang, Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J Finance Account. 2016;4(2):64-70. doi: 10.11648/j.jfa.20160402.16

Copy | Download

@article{10.11648/j.jfa.20160402.16,
  author = {Qiang Jiang and Guangtong Wang},
  title = {The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {2},
  pages = {64-70},
  doi = {10.11648/j.jfa.20160402.16},
  url = {https://doi.org/10.11648/j.jfa.20160402.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.16},
  abstract = {Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.},
 year = {2016}
}

Copy | Download

TY  - JOUR
T1  - The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data
AU  - Qiang Jiang
AU  - Guangtong Wang
Y1  - 2016/04/14
PY  - 2016
N1  - https://doi.org/10.11648/j.jfa.20160402.16
DO  - 10.11648/j.jfa.20160402.16
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 64
EP  - 70
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160402.16
AB  - Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.
VL  - 4
IS  - 2
ER  -

Copy | Download

Author Information

Qiang Jiang

School of Economics, Shanghai University, Shanghai, China
Guangtong Wang

School of Economics, Shanghai University, Shanghai, China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Qiang Jiang, Guangtong Wang. (2016). The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. Journal of Finance and Accounting, 4(2), 64-70. https://doi.org/10.11648/j.jfa.20160402.16

Copy | Download

ACS Style

Qiang Jiang; Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J. Finance Account. 2016, 4(2), 64-70. doi: 10.11648/j.jfa.20160402.16

Copy | Download

AMA Style

Qiang Jiang, Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J Finance Account. 2016;4(2):64-70. doi: 10.11648/j.jfa.20160402.16

Copy | Download

@article{10.11648/j.jfa.20160402.16,
  author = {Qiang Jiang and Guangtong Wang},
  title = {The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data},
  journal = {Journal of Finance and Accounting},
  volume = {4},
  number = {2},
  pages = {64-70},
  doi = {10.11648/j.jfa.20160402.16},
  url = {https://doi.org/10.11648/j.jfa.20160402.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.16},
  abstract = {Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.},
 year = {2016}
}

Copy | Download

TY  - JOUR
T1  - The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data
AU  - Qiang Jiang
AU  - Guangtong Wang
Y1  - 2016/04/14
PY  - 2016
N1  - https://doi.org/10.11648/j.jfa.20160402.16
DO  - 10.11648/j.jfa.20160402.16
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 64
EP  - 70
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20160402.16
AB  - Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.
VL  - 4
IS  - 2
ER  -

Copy | Download