Import Substitution and Export Promotion: Substitutes or Complements
Journal
經濟論文叢刊
Journal Volume
26
Journal Issue
3
Pages
293-317
Date Issued
1998-09
Date
1998-09
Author(s)
顧瑩華
Abstract
Import substitution and export promotion have been pursued in tandem in the course of Taiwan's economic development. Some argue that these apparently contradictory policy offset each other and result in a neutral trade policy stance. Others argue that the componends of this policy mix actually reinforce each other. In this paper, we study the relationship between import substitution and export performance in Taiwan over the period 1971-1991, using industry-level data. We find no evidence for the assertion that import substitution in the upstream industries contributes to the expansion of exports in the downstream industries. On the contrary, export expansion in the downstream industries was found to be a driving force behind import substitution in the upstream industries.
Subjects
進口替代
出口擴張
第二次進口替代
Import substitution
Export expansion
Second-stage import substitution
SDGs
Type
journal article
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