Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)

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Does Net Sophistication of Service Export Increase the Value-Added Rate of Manufacturing Exports?

Empirical Evidence from Input-Output Analysis of 42 Countries

Authors
Hao Zhang, Hong Dong, Shiqi Wang, Li Yao, Mengxiang Xu
Corresponding Author
Li Yao
Available Online 9 August 2021.
DOI
10.2991/aebmr.k.210809.017How to use a DOI?
Keywords
Service Export, Net Export Sophistication, Manufacture Industry, Export Value -Added Rate
Abstract

In order to accurately explore the impact of domestic technology contained in service exports, this article calculates the net technology export complexity of service industries in each country and the export domestic value-added rate of the manufacturing industry, based on the input-output data of 42 countries from 2001 to 2014, excluding the foreign contribution of service industry and manufacturing exports. Afterwards conducting the empirical research by using panel data, the result shows that the domestic technology content of service exports of 42 countries is rising, which plays an important role in improving the vertical specializing rate and decrease the export value-added rate of the manufacturing industry. However, the negative impact of net sophistication of modern services is less than that of traditional services. This negative effect has a greater impact on the medium-tech the manufacturing industry where the production process is standardized. The marginal contribution of this article is to measure the domestic technology content of a country’s service industry exports by excluding the impact of foreign imports and intermediate inputs, so as to analyse the impact of service industry export quality on the high-quality development of manufacturing trade.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
9 August 2021
ISBN
978-94-6239-415-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.210809.017How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Hao Zhang
AU  - Hong Dong
AU  - Shiqi Wang
AU  - Li Yao
AU  - Mengxiang Xu
PY  - 2021
DA  - 2021/08/09
TI  - Does Net Sophistication of Service Export Increase the Value-Added Rate of Manufacturing Exports?
BT  - Proceedings of the 2021 International Conference on Transformations and Innovations in Business and Education (ICTIBE 2021)
PB  - Atlantis Press
SP  - 114
EP  - 126
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210809.017
DO  - 10.2991/aebmr.k.210809.017
ID  - Zhang2021
ER  -