Low-end lock-in of Chinese equipment manufacturing industry and the global value chain

• Main Authors: Li, Yan, Sun, Huiying, Huang, Jincheng, Huang, Qingbo
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2021
• Subjects: Social sciences::Economic development; Equipment Manufacturing Industry; Global Value Chains
• Online Access: https://hdl.handle.net/10356/146029
• Institution: Nanyang Technological University

This paper focuses on the low-end lock-in problem faced by China’s equipment manufacturing industry, which is heavily involved in the global value chain (GVC). Specifically, we use the production chain length system and total trade accounting framework to measure some physical and economic location...