| Summary: | 碩士 === 南臺科技大學 === 企業管理系 === 107 === Abstract:
This study analyzes some key factors that influence production and trade of Taiwan metal industry: (1) labor and capital inputs employed by metal industry, (2) world factory (China) effect (3) trend of international fragmentation. Based on these factors, the thesis utilizes the World Input-Output Database sponsored by the European Union to observe trends of production and trade of Taiwan metal industry in the 2000-2014 period, and investigates coopetition of metal industry in world economy, in particular in cross-strait market.
Taiwan metal industry is, to some extent, important in Taiwan economy in terms of production value, labor employment and volume of trade, although the industry is viewed as a sunset industry in traditional stereotype impression. It shows that the value of production (output) and volume of trade (exports and imports) of Taiwan metal industry more than doubled in the 2000-2014 period. The metal-industry shares of Taiwan total outputs (56 industries) and of Taiwan total exports are 7.69% and 7.71% respectively in 2014, both are higher than the corresponding world shares, 4.33% and 6.56% respectively. Furthermore, the export-output and import-output shares for Taiwan metal industry remains stable, around 30% respectively, implying that metal industry provides 70% outputs mainly for domestic market. As to the effect of the rise of China, the volume of exports of Taiwan metal industry to China had been increasing before the financial crisis in 2008, the trend reversed after the crises. In contrast, the volume of metal imports from China has been increasing except the crisis period. In addition, the degree of international fragmentation of Taiwan metal industry has remained relatively stable in the observation period (namely the import share of total intermediate inputs employed by the industry in the production processes); however, intermediate imports from China and the ROW. In sum, based on the trend of international fragmentation and the rise of China, the competitiveness of metal-industry exports to China in Chinese market is declining, whereas the reliance of intermediate imports on China is increasing. It is worthwhile to trace the future trends.
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