The Exploration Of Industry Catch-up Path

The catch-up issue of Late-development country’s industry hasalways been an enduring topic in development economics. In a sense, themodern world economic history is a history of late-development country.In today’s rapid development of economic globalization, thelate-development countries industry faces a rare historical opportunity,and how to solve the above problem is urgent and valuable. Based on thelessons from the new economic geography’s modeling ideas and researchmethods, establishing the mathematical model based on D-S framework,this paper research the industrial surpassing strategy and path-selectionunder the background of globalization.And lastly, this paperFrom the perspective of the international division of labor andtechnological progress perspective, based on the related literature at homeand abroad, this paper puts forward industrial compound catch-upstrategy hypothesis. In another words, under the background ofglobalization, a country’s industrial catch-up move can be divided intotwo steps: firstly, according to the comparative advantage strategy, thekey is to build the industrial structure which is consistent with factorendowment; secondly, during the acceleration period, according to thecompetitive advantage strategy, the key is the synchronization of thetechnological progress and the changes of factor endowments, achieveindustrial upgrading. And another one is: by building the model of two countries, with the help of D-S analysis framework, the catch-up movecould be divided into two steps: firstly, building the industrial structurewhich is consistent with factor endowment; and When the factorendowments and industrial structure deviation occurs into theacceleration period, it is time to upgrade the industry. And lastly, thispaper supply three different paths for Late-development country’sindustry. And this paper confirmed the above conclusion through theSouth Korea, the United States, Brazil’s economy development.Finally, based on the present situation in our country, this paperargues that the surpassing path for us should be “technology spilloversabsorption of active-passive absorption technology spillovers-independent research”. And we should take advantage of its large marketscale effect to force the traditional FDI inflows of foreign enterprises.Thus by the passive technology spillovers from by foreign enterprises, wecould realize the low-cost, fast-develop technological progress.