Open AccessResearch on International Trade and China’s Technological Progress Based on Trade Breakdown Data
Author(s) -
Wei Sun
Publication year - 2020
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1533/4/042004
Subject(s) - technological change , economics , globalization , china , international trade , virtuous circle and vicious circle , productivity , technical progress , total factor productivity , industrial organization , economic growth , market economy , macroeconomics , political science , law
In the 21st century, the rapid development of science and technology will improve the productivity of the industry. Therefore, technological progress will improve economic growth. In the process of economic globalization, the role of technological progress will continue to increase. Therefore, we must promote technological progress, which will achieve a virtuous circle between technological progress and the growth of international trade. By improving the technological content and trade competitiveness of export products, we can achieve steady development of international trade. Through trade decomposition data, we use standardized supply side system to measure the direction of technological progress, which is the dynamic evolution of technological progress in the future. Through analysis, we can get the following results. International trade is the main factor for China’s technological progress to favor capital, which is the fundamental driving force for technological progress.