DUAN Yading,Cheweihan:Estimation on the Relative Technical Level of Multinational Manufacturing Industry and Analysis of Influencing Factors

Abstract：This paper uses the multinational Ricardian comparative advantage model to estimate the relative technical level coefficient of multinational manufacturing sector during 1995-2009, and then makes an empirical analysis on the influence of the relative technical level in terms of labor input proportion, high-skilled talent proportion, R&D spending and human capital outflow proportion.Estimation results show that the relative technical level of China's manufacturing sector as a whole showing a rising trend, and Chinas gap with the world advanced level has narrowed considerably in some middle and high technology manufacturing sector.The empirical results find that high-skilled talents and R&D spending has significant positive influence on the relative technical level of manufacturing industry.Labor input ratio has significant positive influence on low technology manufacturing sector.Human capital outflow has a negative impact on the relative technical level of manufacturing industry, but not significant.Finally, combining with China's present situation on manufacturing industry in labor input, high-skilled talents, R&D spending and human capital outflow, and the international comparative analysis, this paper gives policy suggestions for China to improve the relative technical level of manufacturing industry.

Key words： Manufacturing Industry    Multinational Ricardian Comparative Advantage Model    Relative Technical Level

source:Finance & Trade Economics ,No.10,2015