Backward Linkage Spillovers from High-tech Product Exports
SUN Ying, ZHANG Xiao-yu, CHEN Xin-yi
2018, 20 (3):
247-254.
DOI: 10.15936/j.cnki.1008-3758.2018.03.005
Based on the panel data of China's high-tech products and their exports from 2002 to 2015 and the input-output table in 2007 and 2012, a dynamic model was set up and the backward linkage spillovers of China's exports were investigated by using GMM. The results showed that there exist positive backward linkage spillovers in the export of high-tech products, and the horizontal linkage spillovers are obvious as well. Further study found that some specific high-tech industries including electronic and communication equipment, computer and office equipment, as well as instruments and meters generate obvious backward linkage spillovers while such industries as medication and aeronautics do not. Accordingly, the corresponding policy recommendations were given including encouraging the exports and through industrial clusters building a better relationship between high-tech products' exporters and their up stream industries, and implementing differentiated strategies to make full use of linkage spillovers.
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