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The Influencing Factors Analysis of China's Equipment Manufacturing Industry in the Global Value Chain Position

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Indexed by:会议论文

Date of Publication:2016-01-01

Included Journals:CPCI-S

Volume:40

Page Number:1661-1665

Key Words:Global value chain (GVC); Trade in valued; Influencing factors; Equipment manufacturing

Abstract:Equipment manufacturing industry can provide the basic machinery production activities and equipment for the national economy and national defense construction. It is a core component of the manufacturing sector and it has an important role in promoting economic growth and industrialization process. Therefore, analysis of equipment manufacturing industry influence factors is crucial. In this paper, we use multiple linear regression method to analyze from the five aspects of technical level, factor endowments, industry size, institutional factors and the degree of opening. The results showed that the level of technology and the degree of opening up have a significant positive effect to upgrade the status of China's manufacturing equipment; While, the influence of the industry size, factor endowments and relevant institutional factors to raise the status is not significant, Wherein there are still some negative effect in improving the status of the global value chain the endowment of China's equipment manufacturing industry.

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