The Seven Emerging Countries Technology Structuer Of Import And Its Impact On Economic Growth

With respect to the export trade, the role played by import to economic growthdid not cause enough attention of the scholars. But this did not match with the reality,for import increased the opportunities of the importing countries to be in touch withthe advanced foreign products, technology, management experience and so on; thus itindicated the direction of technological progress and economic development of theimporting countries.In recent years, the emerging economies with strong domestic demand and loweconomic starting point favorable conditions, becoming the main force driving globaleconomic growth. Then explore whether emerging economies can play safeguardingworld market and promote global trade patterns is very meaningful from the level ofimport trade.Based on the above background, this paper selected seven emerging countries-China, Brazil, Mexico, Russia, Turkey, Indonesia and India as the research object toanalyze the role played by the technological structure of import trade to economicgrowth from the view of the technical content.Firstly, this paper adopted the technical classification standards and built aquality-adjusted import technology index to measure and compare the importtechnological structure of the seven emerging countries in1996-2010years. Theresults showed the import technology content of China and Brazil was relativelyhigher and the technology content of Chinese high-tech manufactured goods wasmuch higher than other counties; Turkey and Mexico s import technology content wasin the middle position; India s import technology content was higher than expected；Russia and Indonesian had a relatively lower import technology content, but Russian simport technology content increased rapidly in recent years.Then, this paper analyzed how the technological structure of the import tradeaffect economic growth and built a econometric model based on Levin andRaut(1997) s export biochemical model. Then using the GLS regression and quantileregression, this paper analyzed the role played by import size and import technologycontent to the seven emerging countries respectively from the view of import tradeand import technology structure. The regression results showed that the overall size ofthe import trade and the size of imported resource goods and low-tech manufactured goods promoted the economic growth of the seven emerging countries, and thepromoting effect of the low-tech manufacture good was maximum. The overall importtrade and the imported resource goods and low-tech manufactured goods promoted theseven emerging countries economic growth through technological spillover, and thetechnological spillover effects of mid-tech manufactured goods and high-techmanufactured goods was most obvious, in addition the technology effect of the overallimport trade and low-tech、mid-tech and high-tech manufactured goods subject to theimpact of the human capital of the importing countries.Finally, according to the conclusions of the research, this paper made somefeasible suggestions for the seven emerging countries.