2022-06-22-ITIF-汉密尔顿指数_评估国家在先进产业竞争中的表现（英）_60页_622kb

The Hamilton Index: U.S. National Performance in Advanced Industries

Key Takeaways & Summary:

• U.S. participation in advanced-technology industries shows a decline from 1995 to 2018, shrinking to 6% of the global average. The U.S. excels in IT and other information services and aerospace equipment, while lagging significantly in sectors like electrical equipment, machinery, and motor vehicles.

• China's involvement has surged, with its advanced-industry output reaching over one-quarter of the global average, while Japan and Germany have experienced a decline relative to the global standard.

• Policy Recommendation: Congress should push for a "moon shot" initiative to double the concentration of key advanced industries in the U.S. economy, funding a $25 billion annual "Super CHIPS Act." This will provide financial incentives for domestic manufacturing and R&D, to promote a return of production and R&D capabilities.