This paper provides new evidence on export price elasticities by analyzing the cases of China, France, Germany, Italy, Japan, UK and the USA over the period 1990-2012. Estimates have been made using panel data techniq...This paper provides new evidence on export price elasticities by analyzing the cases of China, France, Germany, Italy, Japan, UK and the USA over the period 1990-2012. Estimates have been made using panel data techniques for non-stationary data. After demonstrating that long-run relationships are stable to any structural break, it is found that exports are significantly determined by foreign demand, with long-run income elasticity significantly higher than unity for China, Japan, Germany, the UK and the USA. Conversely, exports are price inelastic for most of the countries in the sample, in both the long run and the short run. The exception is France, whose export price elasticity is lower (higher) than unity in the short run (long run).展开更多
The effects of price leadership strategies and branding strategies on the export performance of indigenous Chinese exporters with a focus on developing country markets and developed country markets are examined based ...The effects of price leadership strategies and branding strategies on the export performance of indigenous Chinese exporters with a focus on developing country markets and developed country markets are examined based on the principles of strategy-environment co-alignment and marketing segmentation theory. Findings suggest that when focusing on developing country markets, the use of a branding strategy is more likely to enhance export performance. When focusing on developed country markets, neither the use of a price leadership strategy nor the use of a branding strategy enhances export performance. Finally, theoretical and managerial implications of the findings are discussed.展开更多
For predictive purposes and for understanding the relationship between the US market and Canadian newsprint producers an econometric model was built. In this study, a simultaneous-equation model was developed, which c...For predictive purposes and for understanding the relationship between the US market and Canadian newsprint producers an econometric model was built. In this study, a simultaneous-equation model was developed, which consisted of four equations, one each for the supply, export, consumption and price of newsprint. The period of 1955-1986 was covered by this model. The data for the years 1985 and 1986 were reserved to test the predictive power of the model. In fitting the four equations for the period of 1955 -1984, the coefficients of determination, the R -square values, between observed and predicted values were higher than 99 per cent. The test results of the forecasting power showed that there was no statistically significant difference between predicted and observed values at the 5 per cent level of significance. Sources of forecasting error are expressed as three partial inequality coefficients associated with bias, variance and covariance of predicted and observed values. The error could not be展开更多
The paper revealed the place and role of Russia in the global market of platinum metals, highlighted features of pricing in the export of Russian platinum group metals, the main problems of pricing in the export contr...The paper revealed the place and role of Russia in the global market of platinum metals, highlighted features of pricing in the export of Russian platinum group metals, the main problems of pricing in the export contracts related to the instability of markets and imperfect currency and customs legislation of the Russian Federation, proposed innovative ways to solutions to existing problems in the preparation and conclusion of export contracts.展开更多
Japan is the largest export destination for Chinese agricultural products. The export status to Japan is directly related to the overall trend of China's agricultural exports. Based on the HS9-coded agricultural p...Japan is the largest export destination for Chinese agricultural products. The export status to Japan is directly related to the overall trend of China's agricultural exports. Based on the HS9-coded agricultural product trade data of the Japanese Ministry of Finance in 2001-2017,using the ternary marginal analysis method,the driving force of China's agricultural exports to Japan was analyzed in this paper from a static and dynamic perspective. The results showed that 98. 89% of the driving force of China's agricultural exports to Japan was from the contribution of quantity margin. The contribution of the extensive margin had been decreasing year by year after 2006,and it has been negative for many years. The reason was that technical barriers such as the Positive List System lead to less export of agricultural product in varieties and types. The average marginal contribution rate of price was 8. 26%. The average price of exported agricultural products has been basically higher than the world average level since 2013,suggesting that the quality of exported agricultural products has been improved. While maintaining the quantity of agricultural exports,improving the quality of agricultural products,expanding export varieties and increasing export value added are the sources of sustainable growth of China's agricultural exports in the future.展开更多
文摘This paper provides new evidence on export price elasticities by analyzing the cases of China, France, Germany, Italy, Japan, UK and the USA over the period 1990-2012. Estimates have been made using panel data techniques for non-stationary data. After demonstrating that long-run relationships are stable to any structural break, it is found that exports are significantly determined by foreign demand, with long-run income elasticity significantly higher than unity for China, Japan, Germany, the UK and the USA. Conversely, exports are price inelastic for most of the countries in the sample, in both the long run and the short run. The exception is France, whose export price elasticity is lower (higher) than unity in the short run (long run).
基金The National Natural Science Foundation of China (No.70672005,70632003,70372001)
文摘The effects of price leadership strategies and branding strategies on the export performance of indigenous Chinese exporters with a focus on developing country markets and developed country markets are examined based on the principles of strategy-environment co-alignment and marketing segmentation theory. Findings suggest that when focusing on developing country markets, the use of a branding strategy is more likely to enhance export performance. When focusing on developed country markets, neither the use of a price leadership strategy nor the use of a branding strategy enhances export performance. Finally, theoretical and managerial implications of the findings are discussed.
文摘For predictive purposes and for understanding the relationship between the US market and Canadian newsprint producers an econometric model was built. In this study, a simultaneous-equation model was developed, which consisted of four equations, one each for the supply, export, consumption and price of newsprint. The period of 1955-1986 was covered by this model. The data for the years 1985 and 1986 were reserved to test the predictive power of the model. In fitting the four equations for the period of 1955 -1984, the coefficients of determination, the R -square values, between observed and predicted values were higher than 99 per cent. The test results of the forecasting power showed that there was no statistically significant difference between predicted and observed values at the 5 per cent level of significance. Sources of forecasting error are expressed as three partial inequality coefficients associated with bias, variance and covariance of predicted and observed values. The error could not be
文摘The paper revealed the place and role of Russia in the global market of platinum metals, highlighted features of pricing in the export of Russian platinum group metals, the main problems of pricing in the export contracts related to the instability of markets and imperfect currency and customs legislation of the Russian Federation, proposed innovative ways to solutions to existing problems in the preparation and conclusion of export contracts.
基金Supported by National Natural Science Foundation of China(71673087,71373154)Shanghai Pujiang Talents Program(15PJC048)the Fundamental Research Funds for the Central Universities(WN1822003)
文摘Japan is the largest export destination for Chinese agricultural products. The export status to Japan is directly related to the overall trend of China's agricultural exports. Based on the HS9-coded agricultural product trade data of the Japanese Ministry of Finance in 2001-2017,using the ternary marginal analysis method,the driving force of China's agricultural exports to Japan was analyzed in this paper from a static and dynamic perspective. The results showed that 98. 89% of the driving force of China's agricultural exports to Japan was from the contribution of quantity margin. The contribution of the extensive margin had been decreasing year by year after 2006,and it has been negative for many years. The reason was that technical barriers such as the Positive List System lead to less export of agricultural product in varieties and types. The average marginal contribution rate of price was 8. 26%. The average price of exported agricultural products has been basically higher than the world average level since 2013,suggesting that the quality of exported agricultural products has been improved. While maintaining the quantity of agricultural exports,improving the quality of agricultural products,expanding export varieties and increasing export value added are the sources of sustainable growth of China's agricultural exports in the future.