Abstract:

Based on the Multi–Regional Input–Output Table of the Asian Development Bank in 2000, 2010 and 2020, this paper compares and analyzes the multiplier, spillover and feedback effects of the mainland, Taiwan and other regions in these three different years through the three-regional input-output model, as well as of their changing features. By comparing the coefficients of the spillover effect of the mainland and Taiwan to each other, it is found that the coefficients of the mainland are smaller than the Taiwan area, but after the regional scale effect is considered, it is discovered that the actual spillover effect of the mainland to the Taiwan area is higher than that of the Taiwan area to the mainland, because of a higher final output scale of the mainland. From the viewpoint of sub-industries, it is found that the industries with the highest mutual spillover effect between the mainland and Taiwan are advanced manufacturing industries such as machinery and electronic communication equipment, electrical and optical equipment, and transportation equipment, which have a strong driving effect on the economic development of both sides of the strait.

Key words:

Mainland China, Taiwan, input-output technology, spillover effect