The International Influence of China’s Equipment Manufacturing Industry: Evidence from the WIOT

Ying,, W. , & Lan,, L. (2016). The International Influence of China’s Equipment Manufacturing Industry: Evidence from the WIOT. The Journal of Distribution Science, 14(10), 21-27, https://doi.org/https://doi.org/10.15722/jds.14.10.201610.21

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Abstract

Purpose - This study analyzes economic relations and mutual influence in the global equipment manufacturing industry (EMI) and China's influence. Research design, data, and methodology - Data were collected from the World Input-Output Database (WIOT), looking at 16 countries. The sample time period was 2002-2011. Influence and motivation coefficients were calculated. Results - 1) China's EMI showed a very strong influence coefficient, even surpassing world industrial powers like Japan, the USA, Germany, and Korea. 2) As for influence on added-value, China's EMI motivation coefficient was ranked third in 2011, which meant it had a negligible effect on added-value. 3) From 2002 to 2011, both the influence and motivation coefficients of China's EMI rose. Conclusions - China's EMI has strong influence and motivation coefficients. It has a significant impact on the world EMI, especially on the total output of the global EMI. Additionally, during 2002 to 2011, the ranking of China's EMI motivation coefficient improved year over year, and its economic efficiency obviously improved. By 2011, China's EMI's international influence was second only to the US and Japan.

keywords: World Input-Output Analysis, Equipment Manufacturing Industry, International Influence, Added-Value

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Article Contents

Vol.14 No.10

The International Influence of China’s Equipment Manufacturing Industry: Evidence from the WIOT

Abstract

Reference

The Journal of Distribution Science