研究概要 |
In this research, I analyzed China's ICT exports to Japan and the US, the two largest markets. It shows that China has been the largest ICT exporter to both Japan and the US. In addition, the research suggests that the growth of China's ICT exports has yet crowded out the ICT output of other Asian countries. FDI and production fragmentation may be the major reasons for the rapid growth of China's ICT exports In addition, the research used a theoretical model to analyze how the technology progress of a large developing country like China, would affect the welfare of advanced country in an open economy. The exogenous technology growth due to FDI inflows/trade will affect the welfare of the advanced trading partner negatively. The result is more general than Samuelson (2004).
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