Do the Smile Curves Exist along the National Value Chains of Chinese Manufacturing Industries? A Dual Perspective of Supply and Demand Linkages

Abstract

Abstract:

Based on China Input-Output Tables 2002, 2007 and 2012, this paper measures the position of Chinese manufacturing indus-tries along the output supply chains and the input demand chains and addresses the question of whether the smile curves (the relationship between the position and profitability in value added) exist for Chinese manufacturing industries. This paper finds that the output upstre-amness and input downstreamness are becoming larger during 2002-2012 for labor-intensive, capital-intensive and technology-intensive industries and the smile curves do exist along both the output supply chains and the input demand chains for Chinese manufacturing in-dustries. Also, the smile curves show a flattening trend along the output supply chains and shift towards the right and down along the in-put demand chains from 2002 to 2012. This paper shows that it is insufficient to achieve industrial upgrading only by changing the posi-tion along the national value chains for China.

Key words: output upstreamness, input downstreamness, the smile curves

Pan Wenqing, Li Genqiang. Do the Smile Curves Exist along the National Value Chains of Chinese Manufacturing Industries? A Dual Perspective of Supply and Demand Linkages[J]. , 2018, 30(5): 19-28.

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