Full Title
ECONOMIA E POLITICA INDUSTRIALE
Publisher
FrancoAngeli
ISSN
0391-2078 (Printed Journal)
1972-4977 (Online Journal)
Journal Issue Number
4
Journal Issue Designation
4
Journal Issue Date (YYYY/MM)
2014/01
Full Title
China and Germany in knowledge-intensive high-tech sectors
By (author)
First Page
5
Last Page
25
Language of text
English
Publication Date
2014/01
Copyright
2013 FrancoAngeli srl
Introduction or preface
China's economic development encompasses an improvement of its technological basis and an increasing share in the global trade of high-tech goods. Regarding the velocity of development, though, it is questionable as to the extent to which China has become an equal competitor for developed countries (DC) specialized in R&D-intensive goods. In this paper, we retrace China's technological catching-up process and attempt to analyze the implications for Germany as one of the largest exporters in this sector. By means of selected indicators of technological input (e.g. publications, FDI purposes) and trade performance (revealed comparative advantage, inter- and intra-industrial trade, unit value) we complement the analysis with a quality dimension. Our results indicate that although China has recently succeeded Germany as the world export leader in high-tech goods, its expansion has not occurred at the cost of Germany's position. However, this finding is not applicable to the US, which has lost quality advantages relative to both China and Germany, thus indicating that Germany might be a special case in an international comparison.
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