Preston Chen doesn't think so. He says that the government's aggressive promotion of the petrochemicals industry in the 1970s created the explosive growth that industry saw in the mid 1980s. In the 1980s, the government gave the electronics industry a big push, which led to a similar boom in the mid 1990s.
「應該不會，」對產業變動觸覺敏銳的陳武雄說，一九七○年代政府大力鼓吹石化業，促成八○年中期的石化業蓬勃；一九八○年代政府強力扶植的高科技電子產業，果然又在九○年代中期大放異彩。