| ID | 190398 |
| Title Proper | National Concentration of High-tech Products |
| Other Title Information | the Second Great Divergence? |
| Language | ENG |
| Author | Ju, Jiandong ; Yu, Xinding ; Bing Lu, Jiandong Ju, Xinding Yu ; Lu, Bing |
| Summary / Abstract (Note) | Based on the product-country level trade data from 2004 to 2017, as well as the High-Tech Products Catalog from the US Census Bureau, this paper examines empirically the current phenomenon of “national concentration” in high-tech exports. The results show that the phenomenon of “national concentration” not only exists but also tends to be self-reinforcing. Compared with other products, the exports of high-tech products tend to be concentrated in certain countries, and this concentration trends were further strengthened after the global financial crisis of 2008–2009. The national concentration of R&D activities may be one of the important causes of the national concentration of high-tech products. This pattern remains robust when we further use the value-added export data and different definitions of high-tech products. We argue that the phenomenon of “national concentration” of high-tech exports may herald the arrival of the “Second Great Divergence” – the divergence between innovative and manufacturing activities – in the global economy. |
| `In' analytical Note | China and World Economy Vol. 31, No.1; Jan-Feb 2023: p. |
| Journal Source | China and World Economy Vol: 31 No 1 |
| Key Words | R&D ; High-Tech Products ; National Concentration ; Second Great Divergence |