China’s Manufacturing Development and Its Implications for Korea

Lee, Hyun-Tai; Choi, Hyelin; Kim, Youngsun; Lee, Joonkoo

doi:10.2139/ssrn.3299379

Cited by 2 publications

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“…Regional and national systems once thriving on incremental innovation can be put to the test. 13 Core countries are all engaged in the digital race in their various ways: promoting their start-up systems (US), supporting SMEs through platform networks (Germany), utilizing innovative technologies to develop new demand and supply strategies focused on the creation of new products and services (Japan), and using import substitution and the extent of their internal markets to aggressively target new growth sectors (China) (KIM et al, 2018;LEE et al, 2018). Thus, although the fiscal consolidation implemented by the Southern periphery does put their economies at a disadvantage (suffice it to compare the extent of Germany's coordinated effort on its 'Industrie 4.0' plan with Italy's belated efforts (NASCIA, PIANTA and LA PLACA, 2018), success in the new technological race is not only a question of investing in smart machinery or education (though both are necessary).…”

Section: Digital Transformation and Global Value Chainsmentioning

confidence: 99%

The Embeddedness of Core-Periphery Relations in Time and Space

Simonazzi

2020

Rev. econ. contemp.

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The paper applies the core-periphery approach developed by the Latin American historical-structuralist school to study the consequences of European integration on its peripheral economies. The structural causes of the Eurozone crisis are explained in terms of the divergent trajectories of interdependent economies with different productive capabilities. It is argued that, as in the 1970s, the new challenges confronting the EU - the digital transformation, new consumption patterns, reversal from globalisation to regional blocs, disenchantment with the European project - call for a radical change in the institutional and productive structures of the Eurozone. Averting the prospect of a disintegrative crisis means revising the European institutions and policies in the direction of a more egalitarian and cohesive Union.

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Section: Digital Transformation and Global Value Chainsmentioning

confidence: 99%

The Embeddedness of Core-Periphery Relations in Time and Space

Simonazzi

2020

Rev. econ. contemp.

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“…In 2011, China took the lead in manufacturing production and left behind the USA and thus took the first spot in the global market of manufacturing. It is also looking to be a world manufacturing powerhouse by 2025 by using every resource to boost the manufacturing competitiveness (Lee et al , 2018). Likewise, the Indian economy was relatively a closed economy till early 1990s with high import tariff rates more than 80% and some 90% tradable commodities were protected by qualitative restrictions (Chadha et al , 2003).…”

Section: Introductionmentioning

confidence: 99%

Dynamics of export competitiveness of India and China: a study of HS 6-digit manufacturing exports

Ganai

Khan

Bhat

2022

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Purpose The export competitiveness has only calculated on only two aspects either comparatively advantageous or comparatively disadvantageous products for India or China. There is not any thorough study that has been undertaken for Indian manufacturing sector at a segregated level along with that of China. So, in the light of these shortcomings, the purpose of this study is to analyse the dynamics of export competitiveness of indian manufacturing sector vis-à-vis its emerging counterpart, china in the global market. Design/methodology/approach A modified revealed comparative advantage index has been used in two different phases of 2001–08 and 2010–18 to find the dynamic pattern of manufacturing exports of India and China in the world market. Findings The study revealed that India has shown a positive response in increasing its competitive positioned products from low-technology to medium-technology products during the study period. There has been a decline in the competitive positioned products of China and simultaneously China’s threatened product lines have shown an immense increment over the years. Moreover, Indian exports are concentrated to few low-technology and resource-intensive products, that share more than 50% of total exported value for its manufacturing in the global market, whereas, China is much diversified and the exported value is more scattered over its manufactured items. Research limitations/implications The study does not include the factors that impacted the export competitiveness of the sample economies and thus adds a limitation to this study. Originality/value As there is very limited research on dynamics of export competitiveness of Indian manufacturing exports at harmonised system 6-digit level with China, this study fulfils the gap.

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China’s Manufacturing Development and Its Implications for Korea

Cited by 2 publications

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The Embeddedness of Core-Periphery Relations in Time and Space

The Embeddedness of Core-Periphery Relations in Time and Space

Dynamics of export competitiveness of India and China: a study of HS 6-digit manufacturing exports

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