Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 42 , 10 November 2023


Open Access | Article

The Comprehensive Effect of the US-China Trade War on the Chinese Chip Industry: A Dynamic Perspective Based on Return

Xueru Lei * 1
1 Rensselaer Polytechnic Institute

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 42, 110-115
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Xueru Lei. The Comprehensive Effect of the US-China Trade War on the Chinese Chip Industry: A Dynamic Perspective Based on Return. AEMPS (2023) Vol. 42: 110-115. DOI: 10.54254/2754-1169/42/20232088.

Abstract

Along with the growing trade conflict between China and the America, many Chinese industries have been affected by it. The impact on the Chinese chip industry is particularly dramatic. Depending on some studies, due to the deteriorating relationship between these two big countries, the United States has implemented many restrictive policies on Chinese chip industry, such as limiting technical support from U.S. companies to Chinese companies and requiring licenses for related companies to cooperate with Chinese companies. This series of initiatives on the Chinese chip industry is a huge impact, but also greatly influence the trend of the Chinese chip stock market. This study uses the ARIMA model to estimates the chip index without U.S.-China trade conflict The model based on weekly data finds that in the ultra-short term, the influence of the trade war on the chip index is relatively small. The model based on monthly data finds that in the short term (4 months) the average effect of this conflict on the chip index is about -3.29%.

Keywords

China-US trade war, chip industry, modeling, impact

References

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-105-6
ISBN (Online)
978-1-83558-106-3
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/42/20232088
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated