Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 42 , 10 November 2023
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The Comprehensive Effect of the US-China Trade War on the Chinese Chip Industry: A Dynamic Perspective Based on Return
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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
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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
- 10 November 2023
- 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