The Impacts Of Integrated Circuits Trade Network Status On Economic Growth

With the arrival of bottlenecks in the development of traditional industries,integrated circuits,as the core area under the information technology era,are the key to promoting the development of many emerging industries and play a pivotal role in promoting economic growth in various countries.However,the development of integrated circuits requires long-term capital investment,technology accumulation,and personnel training.This has led to a huge difference in the level of development of countries in the world.It is impossible to balance the supply and demand of integrated circuits by its own internal supply.Let resources be optimally configured worldwide.However,it is worth noting that in recent years,disputes arising from the international trade of integrated circuits have frequently appeared,and the risk of uncertainty in the international trading market of integrated circuits has increased,leading to an increase in the risk of uncertainty in economic growth.The game of countries in the international trade market largely affects the role of the integrated circuit industry in economic development.Therefore,this paper focuses on the status of integrated circuit trade network,analyzing the influence and controlling by the countries in the global network,and then studies the impacts on the economic growth of a certain country and others in the network.Via reading the literature,it is sorted out three main perspectives of predecessors on the impact of trade on economic growth.Studying the trade scale of different types of trade products,the impact of trade structure on economic growth,and trade as a mediator,study the impact of other factors on the economy,and the impact of regional trade on economic growth.The research on the status of trade network is basically based on the dynamic perspective to study the evolution of the status of network nodes.This paper adopts the theoretical and empirical research ideas.Theoretically,the theory of international trade division is used to analyze the cause of the status of integrated circuit trade network and the change of the status of integrated circuit trade network can affect economic growth from three aspects: technology,factor income and industrial upgrading.Explain the integrated circuit trade network for empirical evidence.The change in status provides an idea of the impact of economic growth.Then,based on the previous studies on the status of trade network,the social network analysis method was used to construct the integrated circuit trade network.From the five indicators of node strength,point center degree,effective scale,efficiency and limitation,the country was measured in the trade network.The influence and control,and related descriptive statistical analysis,found that: large-scale integrated circuit trade is mainly concentrated in a few countries;integrated international trade links are becoming increasingly close;trade dependence between countries is increasing.Finally,the five indicators that measure the status of trade network are included in the panel space measurement model for regression analysis.The following conclusions are drawn:(1)The influence of trade scale(node strength)on economic growth is small and insignificant;(2)The degree of centrality,the number of import and export trading partners,and the effective scale are positively promoting the economic growth of themselves and other countries,especially the expansion of export trading partners to promote the economy more;(3)Limitation and efficiency Improve the suppression of the economy of itself and other countries,countries around the world should strengthen cooperation and technology exchange to enhance the overall level of the integrated circuit industry,thereby promoting the development of the economy;(4)the economic growth of developed countries on the status of integrated circuit trade network compared to Developing countries are more sensitive.The two main contributions and innovations of this paper are:Firstly,based on the previous studies,the relationship between the status of integrated circuit trade network and economic growth is directly linked,and some theoretical references are provided for formulating the external development policy of integrated circuits international trade;In addition,there are many ways to construct spatial weight matrices.Previously,the spatial weight matrix used in the article has less prior theoretical test.In most cases,the robustness test is performed on the estimation result after the fact.However,whether the spatial weight matrix selection is appropriate will directly affect the model regression results.Therefore,by analyzing the connotation of spatial autocorrelation,this paper compares the alternative spatial weight matrices by QAP analysis.