The Influence Of Technology And Government Policies On China's Supply Chain Activities

English

Abstract

That kind of research seeks as for look into the influence connection between Trade, Tax Revenue, Hi-Technology Export in China.This study uses autoregressive vector modeling or VAR analysis which is utilized to establish the connection between each variable in the secondary data analysis in the period 2007-2020 in China. Consideration of data collection began in 2007 because in that year data related to technology in China began to exist. The data source comes from the world bank. We investigate Supply Chains, Government Fiscal Policy Strategies, and Technological Innovation. The government's fiscal policy strategy is indicated by the percentage of tax revenue % of GDP. The supply chain is represented by International trade % of GDP. Technology is indicated by High Technology Exports % of GDP. We found that Technological developments in China can affect the level of tax revenue from the country itself. Then again, using technology also has a significant relationship with the level of trade in China. That is, China's technological advances have a great influence on supply chain activities in China itself. The policies implemented by the Chinese government regarding supply chains are apparently influenced by technological developments, meaning that the more technology develops, the stronger government policies in carrying out economic activities.