Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.
| Published in | Journal of Finance and Accounting (Volume 4, Issue 2) |
| DOI | 10.11648/j.jfa.20160402.16 |
| Page(s) | 64-70 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Core and Periphery Theory, Exports, Technology Progress, Value Chain Division
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APA Style
Qiang Jiang, Guangtong Wang. (2016). The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. Journal of Finance and Accounting, 4(2), 64-70. https://doi.org/10.11648/j.jfa.20160402.16
ACS Style
Qiang Jiang; Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J. Finance Account. 2016, 4(2), 64-70. doi: 10.11648/j.jfa.20160402.16
AMA Style
Qiang Jiang, Guangtong Wang. The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data. J Finance Account. 2016;4(2):64-70. doi: 10.11648/j.jfa.20160402.16
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Download@article{10.11648/j.jfa.20160402.16,
author = {Qiang Jiang and Guangtong Wang},
title = {The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data},
journal = {Journal of Finance and Accounting},
volume = {4},
number = {2},
pages = {64-70},
doi = {10.11648/j.jfa.20160402.16},
url = {https://doi.org/10.11648/j.jfa.20160402.16},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.16},
abstract = {Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth.},
year = {2016}
}
TY - JOUR T1 - The Influence of Exports on Technology Progress —— Empirical Study Based on Multinational Panel Data AU - Qiang Jiang AU - Guangtong Wang Y1 - 2016/04/14 PY - 2016 N1 - https://doi.org/10.11648/j.jfa.20160402.16 DO - 10.11648/j.jfa.20160402.16 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 64 EP - 70 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20160402.16 AB - Using DEA method, the paper measures the 19 economies’ total factor productivity in 1990-2012 including input of energy and mineral resources, and then empirically tests the influence of exports on technology progress based on Prebisch’s “Core and Periphery Theory”. Results indicate that exports of “peripheral” states hinder its technology progress, while “core” states’ exports promote its technology progress. The heterogeneity further reveals value chain division fixed by intra-product trade dominated by multinational corporations, and developing countries have been locked in Production and assembly process, developed countries manage the joint production of international production factors relying on technological superiority. The unfair distribution of value chain cause the economy growth of “peripheral” countries under enormous pressure, and the consumption and output of a large number of low-level production factor reduce the potential of its long-run economic growth. VL - 4 IS - 2 ER -
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