TECHNICAL AND TRADE COEFFICIENTS IN CHINA AND IN USA ECONOMIES: ARE THEY DIFFERENT?

Muchdie, Muchdie and Sugema, Sugema (2017) TECHNICAL AND TRADE COEFFICIENTS IN CHINA AND IN USA ECONOMIES: ARE THEY DIFFERENT? International Journal of Advanced Research (IJAR), 5 (11). pp. 377-390. ISSN 2320-5407

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Abstract

This paper compared technical coefficients and trade coefficients in China economy to those in the USA economy based on 30-sector classification of world input-output tables of the year of 2000, 2005 and 2010. The results showed that China economy had higher technical coefficient than that of USA economy, and it was statistically significant. USA economy used less input to produce output compared to that of China economy. Based on trade coefficients, this study showed that USA economy had higher domestic component than China economy did. This difference was statistically significant. USA economy, technically, worked more efficiently; and USA economy used more domestic input than China economy did. This paper also revealed that correlation between technical coefficient and domestic component was not conclusive, as data from China proved that the correlation was positively weak, while data from USA revealed that the correlation was negatively very strong.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Depositing User: admin repository uhamka
Date Deposited: 27 Nov 2017 07:17
Last Modified: 27 Nov 2017 07:17
URI: http://repository.uhamka.ac.id/id/eprint/368

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