{"created":"2023-06-20T15:03:35.638158+00:00","id":1722,"links":{},"metadata":{"_buckets":{"deposit":"5ee69d51-c438-4997-a01e-394d99211bc5"},"_deposit":{"created_by":16,"id":"1722","owners":[16],"pid":{"revision_id":0,"type":"depid","value":"1722"},"status":"published"},"_oai":{"id":"oai:grips.repo.nii.ac.jp:00001722","sets":["1:99"]},"author_link":["8901"],"item_12_description_22":{"attribute_name":"著者情報","attribute_value_mlt":[{"subitem_description":"https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/","subitem_description_type":"Other"}]},"item_12_description_6":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"Through an examination of the case of the iPhone X, this paper demonstrates that Chinese companies involved in production of the iPhone X have moved up the value chain. According to the bill of materials, those companies contributed 25% of the value added of the iPhone X. About 45% of the value added of the iPhone X originated from Japan, Korean and other economies. The iPhone trade remains a significant element of the statistics distortion of the Sino-US bilateral trade imbalance. In terms of gross value, the import of one iPhone X results in a $332.75 trade deficit for the US; measured in terms of value added, the deficit is a mere $104. Depreciation of the yuan has very limited power to counterbalance the tariffs imposed by the Trump administration because foreign value added embedded in Chinese exports is 33.9% on average. Simulation results show that to counterbalance a 25% tariff, the yuan would have to depreciate by 43.3% against the US dollar on average; and to fully compensate for a 25% tariff burden on the iPhone X, a 400% depreciation of the yuan would be necessary. Hedging the risk of the punitive US tariffs by depreciation of the yuan is mission impossible.","subitem_description_type":"Abstract"}]},"item_12_description_7":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"JEL Classification Codes: F1","subitem_description_type":"Other"}]},"item_12_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.24545/00001710","subitem_identifier_reg_type":"JaLC"}]},"item_12_publisher_12":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"GRIPS Policy Research Center ","subitem_publisher_language":"en"}]},"item_12_relation_16":{"attribute_name":"関連サイト","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_text":"https://ideas.repec.org/p/ngi/dpaper/19-21.html"}],"subitem_relation_type":"isIdenticalTo","subitem_relation_type_id":{"subitem_relation_type_id_text":"https://ideas.repec.org/p/ngi/dpaper/19-21.html","subitem_relation_type_select":"URI"}}]},"item_12_text_10":{"attribute_name":"発行年","attribute_value_mlt":[{"subitem_text_value":"2019-10"}]},"item_12_text_5":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"政策研究大学院大学 / National Graduate Institute for Policy Studies"}]},"item_12_version_type_19":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_ab4af688f83e57aa","subitem_version_type":"AM"}]},"item_1693541285410":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2019-10-17","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"DP19-21","bibliographic_titles":[{"bibliographic_title":"GRIPS Discussion Papers","bibliographic_titleLang":"en"}]}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"XING, Yuqing","creatorNameLang":"en"}],"nameIdentifiers":[{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","filename":"DP19-21(rev.).pdf","filesize":[{"value":"1.0 MB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"DP19-21(rev.).pdf","url":"https://grips.repo.nii.ac.jp/record/1722/files/DP19-21(rev.).pdf"},"version_id":"1f60bbdf-dbda-4516-9fe1-d9526dfe6ae8"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"China","subitem_subject_scheme":"Other"},{"subitem_subject":"US","subitem_subject_scheme":"Other"},{"subitem_subject":"Value Added","subitem_subject_scheme":"Other"},{"subitem_subject":"Trade and iPhone","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report"}]},"item_title":"How the iPhone Widens the US Trade Deficit with China:the Case of the iPhone X","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"How the iPhone Widens the US Trade Deficit with China:the Case of the iPhone X","subitem_title_language":"en"}]},"item_type_id":"12","owner":"16","path":["99"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2019-10-17"},"publish_date":"2019-10-17","publish_status":"0","recid":"1722","relation_version_is_last":true,"title":["How the iPhone Widens the US Trade Deficit with China:the Case of the iPhone X"],"weko_creator_id":"16","weko_shared_id":-1},"updated":"2023-11-20T08:43:05.775571+00:00"}