TY - JOUR
T1 - China's electrical equipment manufacturing in the global value chain
T2 - A GVC income analysis based on World Input-Output Database (WIOD)
AU - Lu, Yingying
N1 - Publisher Copyright:
© 2017 Elsevier Inc.
PY - 2017/11
Y1 - 2017/11
N2 - This paper empirically analyzes China's electrical equipment manufacturing industry in the context of global value chain (GVC) by using the GVC income approach and the World Input-Output Database (WIOD). Four major questions are addressed by measuring several different indicators. China is found to have comparative advantage and competitiveness in terms of its large share of value added contribution in the world electrical equipment manufacturing industry. However, such competitiveness is not sustainable. The paper also finds that the global financial crisis did have certain impact on the electrical equipment GVCs in general, but the impact is not necessarily negative and big.
AB - This paper empirically analyzes China's electrical equipment manufacturing industry in the context of global value chain (GVC) by using the GVC income approach and the World Input-Output Database (WIOD). Four major questions are addressed by measuring several different indicators. China is found to have comparative advantage and competitiveness in terms of its large share of value added contribution in the world electrical equipment manufacturing industry. However, such competitiveness is not sustainable. The paper also finds that the global financial crisis did have certain impact on the electrical equipment GVCs in general, but the impact is not necessarily negative and big.
KW - China
KW - Electrical equipment manufacturing
KW - GVC income
KW - Global value chain (GVC)
KW - Input-output analysis
UR - http://www.scopus.com/inward/record.url?scp=85009823788&partnerID=8YFLogxK
U2 - 10.1016/j.iref.2017.01.015
DO - 10.1016/j.iref.2017.01.015
M3 - Article
SN - 1059-0560
VL - 52
SP - 289
EP - 301
JO - International Review of Economics and Finance
JF - International Review of Economics and Finance
ER -