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| Inverse Comparative Advantage Import of High-tech Intermediate Products and Manufacturing Technological Innovation |
| CHEN Xiaohua1, YANG Gaoju2, LIU Hui1 |
| 1.School of Economics and Management, Zhejiang Sci-Tech University
2.School of Economics, Zhejiang University |
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Abstract Scientifically depicting the impact of the inverse comparative advantage import of high-tech intermediate products on production technology innovation can provide a useful reference for formulating policies on scientifically importing foreign intermediate products and improving the speed of production technology innovation. This paper analyzes this impact in many aspects. The results show: (1)the mechanism of the inverse comparative advantage of imported technical content of manufacturing and service intermediate products on the production technology innovation is inverted U-shaped. Importing intermediate products with about 2.5 times of their own comparative advantage level can maximize the production technology innovation of intermediate product imports. This conclusion is steadily established in the multi-level test. (2)The inverse comparative advantage index of China's intermediate import technology content is in the left positive effect range of the inverted U-shaped peak. For China, whose dynamic comparative advantage continues to improve, on the basis of dealing with the risk of “neck sticking”, we can appropriately improve the technical content of intermediate product import, so as to give better play to the production technology innovation function of intermediate product import. (3)The mechanism of inverted U-shaped is very stable, multi-dimensional external shocks cannot shake the mechanism，and the inverted U-shaped mechanism can be described as the “iron law” for coordinating the relationship between the import of intermediate products and the technological innovation of production.
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Received: 13 September 2021
Published: 15 March 2022
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Corresponding Authors:
CHEN Xiaohua
E-mail: grateehua@163.com
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2022, Vol. 42 
浙公网安备 33011802000512号