Dynamics of the structure of US foreign trade in high - tech manufacturing products

International Trade and Trade Policy

2021

Self Cite

The trade policy pursued by the US government certainly provides as one of the most important measures to stimulate the export of those commodity groups that determine the development of the country's economy, shape its innovative nature and the possibilities for the expansionist promotion of American capital in the global, global geo-economic space. Such goods include high tech products of the American manufacturing industry, the forms, means, tools and methods of export promotion of which are the subject of this study. Having studied the evolutionary dynamics of the volume and structure of the stimulating elements of export regulation of American high-tech products for the period 1946–2019, we identified long-term trends characterizing the effective combination of assistance, encouragement, assistance and support to national exporters of the relevant commodity groups in the foreign trade activities of the United States. Based on the results of the study, conclusions are drawn about the unconditional priority of stimulating the export of high-tech products of the US manufacturing industry during the entire period under consideration, characterized by a flexible combination of the use of appropriate forms, means, tools and methods of this stimulation. The author emphasizes the primacy of expediency and efficiency in the choice of directions for the expansionary promotion of high-tech products of the American economy to the foreign market, which, of course, is of practical interest for Russian use.

unclassified

Promoting the Export of High Technology Products by the Us Processing Industry

International Trade and Trade Policy

2021

Self Cite

Urbooriented Development of the National Innovative System in the US Metro Areas

2021

Federalism

Self Cite

The socio-economic heterogeneity of spatial development is reflected in modern agglomeration processes, reflecting, first of all, the concentration and localization of innovative activity of elements of innovation systems of the national, regional and transregional levels associated with the reproduction process of the innovation economy. In the United States of America, a country that occupies a leading position, both in terms of innovative development and the process of urbanization, there is undoubtedly a close relationship and interaction of innovatively active elements and economic agents with the structures that form the country’s metropolitan areas. Within the framework of this interaction, carried out under the influence of agglomeration effects in the space of post-industrial agglomerations of the United States, the urban-oriented development of the national innovation system is actively carried out, which is empirically confirmed in the framework of the study. The revealed correlation and indicative relationship between the noted phenomena made it possible to substantiate a number of specific features of the American metropolitan areas as geospatial conglomerates of innovative activity at the transregional level.

Substitution effect in high-tech industry in the USA in foreign trade share and domestic market protection

International Trade and Trade Policy

2022

The transition to the sixth technological order, characterized by the systemic elements of the information revolution, requires a comprehensive analysis of the aggregate dynamic processes trade operations in the context of the respective commodity groups. Using the traditional methods of the statistical and economic method, in general terms, reduced to the formula: "domestic production + import - export", the relative quantitative indicators of the share of imports and exports of products of the leading high-tech industries of the United States were calculated for specific periods of time in the period 1951–2020, correlated with domestic production for the same period. Thus, an assessment of the impact of the "substitution effect" in the high-tech industry of the United States is given in relation to the volume of exports and imports in the context of certain groups of analyzed industries. The empirical results obtained contributed to the identification of trends in the regulation of American imports of high-tech industry products to protect the domestic market under the influence of the substitution effect in US foreign trade in the period under consideration. The main conclusion is that the priority in the focus of American foreign trade policy in terms of protecting the domestic market of high-tech industrial products, was and remains a flexible, expedient (in terms of substitution and integration vectors) combination of tariff and non-tariff restrictions on imports.