| Summary: | 碩士 === 佛光人文社會學院 === 經濟學研究所 === 93 === The Effects of Electronics Industry Investing in China on The Taiwan Economy
Abstract
In October, 1990 the government opened investment in China by Taiwanese, Because cross-strait economics and trade relations was day by day close. The issue about investment in China by Taiwanese was day by day important. The main purpose of this research is to confirm the influence toward Taiwan gross national product and exporting value when electronics industries invest in China. Main variables of this research include electronics industry investing in China, gross national product, exporting value and by employing a multiple regression model. The research uses the data from 1994 3rd quarter to 2004 2ed quarter as the study period to discuss the impact of Taiwan investment in China on gross national product and exporting value. The conclusions of this research is :
1.When electronics industry put money into China, it has negative effect on gross national product. And the relationship is significant. Put more money into China, it make gross national product at a disadvantage. This could cause crowding-out effect of domestic investment.
2.When electronics industry put money into China, it has positive effect on Taiwan’s exporting value. And the relationship is significant. This means that when electronics industries increase the investment in China, it will promote our domestic exports. It is possible that the main reason for this is that the Taiwanese subsidiaries located China still rely on Taiwan's parent companies as their main sources for their raw materials, components, and equipment machinery. Therefore, put money into China will push domestic exports forward.
3. In addition, we investigate the structural changes by using chow breakpoint test on research data, and find (1) Asian financial crisis :there is no structure change, (2) 911 Attack: there is certainly structure change at 10% significant level, (3) 2000 1st quarter: there is certainly structure change at 5% significant level.
Key words: Investment in China by Taiwanese, Multiple Regression Model, Chow test
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