Your current location:

20

2022

-

06

[Paper Express] Research on the Impact of Regional Enterprises' Technology Input on the Technical Complexity of Trade Products -- Based on the Moderating Effect of International Air Transport


Abstract:Under the current international economic situation of global value chain reconstruction, the mode of global division of labor in industrial chain is being adjusted. Based on the background of global value chain reconstruction, this paper explores the influence of regional enterprise technology input on the technical complexity of trade products. Using the customs database and the listed company database, the import and export data of 1,302 listed enterprises, 3,316 product types and 240,968 enterprise samples from 2010 to 2016 were obtained by matching, and the impact of technology input on the technological complexity of regional trade products was verified from the enterprise level. The empirical results show that the increase of enterprise R & D expenditure and the increase of enterprise capital intensity are helpful to improve the technical complexity of regional trade products; on this basis, by using the corresponding regional international air transport capacity data in OAG air transport database, it is found that the growth rate of regional air transport capacity significantly improves the impact of enterprise capital intensity on the technical complexity of products, and the external institutional factors of the effectiveness of the trading country government and the regional business environment mitigate the impact of air capacity growth on the capital intensity of enterprises and the technological complexity of regional trade products.

 

Key words:technology input; international air transport capacity; technical complexity of trade products; global value chain

 

Abstract: Under the current international economic situation of global value chain reconstruction, the global division of labor mode of industrial chain is undergoing adjustment. Countries pay more attention to the layout of manufacturing industrial chain from the perspective of security, and the support for key core technologies of industrial chain is significantly increasing. Product upgrading usually reflects the position of a country's economy in the international division of labor. The stronger the international competitiveness, the higher the value-added rate and the higher the position in the global value chain. Therefore, in order to explore the industrial chain power of Chinese enterprises in participating in the competition and cooperation of global value chain division of labor. Based on the firm level, this paper discusses the relationship between regional enterprise technology investment and technological sophistication of the trade products from the two dimensions of R&D expenditure and capital intensity. Moreover, it combines the relevant theories of institutional environment from the perspective of regional international aviation transport capacity. It further explores the mechanism between regional enterprise technology investment and technological sophistication of the trade products.In order to empirically test the above research process, this paper uses the customs database and listed company database to match the obtaining during 2010 to 2016, 1302 listed companies, 3316 product categories, 240968 samples of the import and export data, from the firm level verification technology investment's impact on regional technological sophistication of the trade products. Further using the aviation load index of regional international flights in OAG database, this paper discusses the impact of regional international aviation capacity growth on the relationship between enterprise R&D expenditure and the regional technological sophistication of the trade products. On this basis, this paper further uses the business environment data of the World Bank and the global governance index(WGI) to explore the regulation mechanism of the government efficiency and business environment of trading countries. The findings: the R&D expenditure and capital intensity of enterprises help to improve the technological sophistication of the trade products. The increase of regional aviation capacity growth can strengthen the impact of enterprise capital intensity on the technological sophistication of the trade products. The government efficiency and business environment of trading countries slow down the impact of the growth of aviation transport capacity on the capital intensity of enterprises and the technological sophistication of the trade products. The results show that enterprises with higher R&D expenditure have less influence on their products by external factors and lower willingness to absorb foreign knowledge, while enterprises with higher capital intensity can promote the upgrading of their industrial structure and enhance the regional technological sophistication of the trade products when participating in the international division of products. In the context of "dual circulation", the advantages of aviation in international connectivity promote the improvement of regional opening to the outside world, facilitate the exchange of knowledge and technology, and promote the innovation ability of local enterprises. Thus, it reduces the dependence on import and export and promote the improvement of the technical level of trade products. From the perspective of external institutional environmental factors, the impact of government efficiency and business environment quality on trade promotion effect is greater than that on technology spillover and enterprise innovation effect.The research conclusion is helpful to give play to the important guarantee role of civil aviation transportation service in promoting the construction of“dual circulation”development pattern under the environment of supply chain reconstruction. While optimizing the free and convenient factor flow and allocation measures of trade and investment, scientifically deploy and plan the aviation transport capacity, fully develop and utilize the regional international air transport resources.Through the close combination of airline network and industrial economy, promote the development of relevant industries,and then drive economic growth. Through the development of the potential of domestic demand, further connect the two markets and resources at home and abroad to promote the optimization and transformation of industry. Give play to the existing mechanism of collaborative reconstruction of industrial chain; improve the ability of knowledge and technology transfer and absorption of enterprises, and gradually transition from export-oriented economic structure to inward oriented economic structure, to ease the constraints of the world economic environment caused by trade friction on China's economic development.In the future, we can collect data on transnational technical cooperation of enterprises, absorption and transfer of intellectual resources, protection of intellectual property rights and other data through large-scale research and interviews, to break through the limitations of existing databases for obtaining data, expand research samples, and continue in-depth discussion based on this study.

 

Key words: technology investment;international aviation capacity; technological sophistication of the trade products; global value chain

 

Authors: Yan Zichun, Zhang Jingjia, Zhang Jinxing, Chen Jin

Author: School of Economics and Management, Beijing University of Posts and Telecommunications

School of Economics, Nankai University

School of Economics and Management, Tsinghua University

The full text has been published in Science and Science and Technology Management, Issue 3, 2022.

Key words:

Partners

See more>