Cotton plays a vital role in the Egyptian economy by meeting domestic and export demands,contributing significantly to agriculture,industry,export earnings,and providing a cash income to roughly one million small farm...Cotton plays a vital role in the Egyptian economy by meeting domestic and export demands,contributing significantly to agriculture,industry,export earnings,and providing a cash income to roughly one million small farmers.This paper examines the competitiveness of Egyptian cotton exports(ECE) in the international market during the period 1990-2006.It mainly aims at investigating the trends in cotton exports over the studied period,analyzing the competitive position of Egyptian cotton by employing several economic and trade indices,and identifying the key factors that influence Egypt's cotton exports to the world.The results revealed that the total quantity of ECE has fallen from 196.8 thousand tons in 2003 to 87.2 thousand tons in 2006.It also shows a high degree of geographic concentration of ECE,into India,Italy,the Republic of Korea,and Japan.Together,these markets imported about 50%of ECE during 1990-2006.The competitive advantage of Egyptian cotton would appear dependent on quality not price.Japan,the Republic of Korea and Italy presented the most stable markets for ECE.Linear regression analysis suggests that a one percent increase in the Egypt-to-USA export price ratio leads to a decrease in ECE by about 27.8 thousand tons.Such analysis has also shown a positive and significant effect of the World Trade Organization on ECE.展开更多
T<span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">his paper aims to analyze the competitive position of Port of D...T<span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">his paper aims to analyze the competitive position of Port of Douala in Central African ports market structure. In other words, it consists of measuring port market level and competitiveness through an assessment of their growth rate and market share. </span></span></span><span><span><span style="font-family:""><span style="font-family:Verdana;">The purpose of the paper is to </span><span style="font-family:Verdana;">provide us with information on periodical changing status of ports competing with each other. It also provides us with an effective managerial tool to port operators in the assessment of ports market share and position. </span></span></span></span><span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">For doing so, the measurement technique as Shift-Share Analysis was applied in the study by using a panel dataset of the 7 selected ports of Central Africa sub-region from 2008 to 2018. The paper used the recent dynamics and characteristics of port market in terms of port throughputs to compare the yearly trend and market share. By conducting the study of the market growth rate model, the findings showed that the Port of Douala was the top leader of the market in 2009, 2015, 2016 and 2018. The findings also revealed the competitive positions of these ports under study have changed over the period of study due to the significant change of their market share with average growth rates. The final results showed that several determinant factors have affected the present hierarchy of competitiveness level in the selected ports market especially with small and medium size ports that are strengthening their positions vis-a-vis larger ones. However, the results could be used for analyzing the relative efficiency and overall performance of the Central African Sub-regional seaports including the Cameroonian ports.</span></span></span>展开更多
This study investigates the influence of strategic competition on peer effects in corporate investment by using a sample of 28,522 observations of Chinese listed companies from 2008 to 2020.The study develops a linear...This study investigates the influence of strategic competition on peer effects in corporate investment by using a sample of 28,522 observations of Chinese listed companies from 2008 to 2020.The study develops a linear-in means model and uses an instrumental variables approach,and uses the competitive strategy measure(CSM)and Lerner index as proxies of competitive strategies and competitive positions to capture the firm-level competition.The empirical results demonstrate that when firms compete as strategic substitutes and when firms are in higher competitive positions,the peer effects in corporate investment are significant and positive.In addition,in circumstances of high information asymmetry,firms competing as strategic substitutes and firms in high competitive positions rely more on information related to investment from peer firms.Moreover,industry policies and barriers do not significantly influence peer effects in investment.This study offers new empirical evidence regarding peer effects in corporate investment in China.展开更多
This paper selects China's A-share listed companies from 2012 to 2021 as the research sample and explores the impact of digital transformation on corporate green technology innovation and the moderating role of co...This paper selects China's A-share listed companies from 2012 to 2021 as the research sample and explores the impact of digital transformation on corporate green technology innovation and the moderating role of corporate competitive position in this relationship.The research findings are as follows:Digital transformation plays a significant role in promoting corporate green technology innovation.The improvement of corporate competitive position weakens the promoting effect of digital transformation on corporate green technology innovation.The moderating effect of the corporate competition position is more pronounced in the enterprises of the eastern and western regions,as well as in the listed companies in the manufacturing industry.The promoting effect of digital transformation on utility model patent innovation is dramatically attenuated when the corporate competitive position is strengthened.However,the weakening effect on invention patent innovation is not statistically significant.展开更多
文摘Cotton plays a vital role in the Egyptian economy by meeting domestic and export demands,contributing significantly to agriculture,industry,export earnings,and providing a cash income to roughly one million small farmers.This paper examines the competitiveness of Egyptian cotton exports(ECE) in the international market during the period 1990-2006.It mainly aims at investigating the trends in cotton exports over the studied period,analyzing the competitive position of Egyptian cotton by employing several economic and trade indices,and identifying the key factors that influence Egypt's cotton exports to the world.The results revealed that the total quantity of ECE has fallen from 196.8 thousand tons in 2003 to 87.2 thousand tons in 2006.It also shows a high degree of geographic concentration of ECE,into India,Italy,the Republic of Korea,and Japan.Together,these markets imported about 50%of ECE during 1990-2006.The competitive advantage of Egyptian cotton would appear dependent on quality not price.Japan,the Republic of Korea and Italy presented the most stable markets for ECE.Linear regression analysis suggests that a one percent increase in the Egypt-to-USA export price ratio leads to a decrease in ECE by about 27.8 thousand tons.Such analysis has also shown a positive and significant effect of the World Trade Organization on ECE.
文摘T<span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">his paper aims to analyze the competitive position of Port of Douala in Central African ports market structure. In other words, it consists of measuring port market level and competitiveness through an assessment of their growth rate and market share. </span></span></span><span><span><span style="font-family:""><span style="font-family:Verdana;">The purpose of the paper is to </span><span style="font-family:Verdana;">provide us with information on periodical changing status of ports competing with each other. It also provides us with an effective managerial tool to port operators in the assessment of ports market share and position. </span></span></span></span><span style="font-family:Verdana;"><span style="font-family:Verdana;"><span style="font-family:Verdana;">For doing so, the measurement technique as Shift-Share Analysis was applied in the study by using a panel dataset of the 7 selected ports of Central Africa sub-region from 2008 to 2018. The paper used the recent dynamics and characteristics of port market in terms of port throughputs to compare the yearly trend and market share. By conducting the study of the market growth rate model, the findings showed that the Port of Douala was the top leader of the market in 2009, 2015, 2016 and 2018. The findings also revealed the competitive positions of these ports under study have changed over the period of study due to the significant change of their market share with average growth rates. The final results showed that several determinant factors have affected the present hierarchy of competitiveness level in the selected ports market especially with small and medium size ports that are strengthening their positions vis-a-vis larger ones. However, the results could be used for analyzing the relative efficiency and overall performance of the Central African Sub-regional seaports including the Cameroonian ports.</span></span></span>
基金supported by the National Natural Science Foundation of China No.72202030China Postdoctoral Science Foundation No.2022M710630.
文摘This study investigates the influence of strategic competition on peer effects in corporate investment by using a sample of 28,522 observations of Chinese listed companies from 2008 to 2020.The study develops a linear-in means model and uses an instrumental variables approach,and uses the competitive strategy measure(CSM)and Lerner index as proxies of competitive strategies and competitive positions to capture the firm-level competition.The empirical results demonstrate that when firms compete as strategic substitutes and when firms are in higher competitive positions,the peer effects in corporate investment are significant and positive.In addition,in circumstances of high information asymmetry,firms competing as strategic substitutes and firms in high competitive positions rely more on information related to investment from peer firms.Moreover,industry policies and barriers do not significantly influence peer effects in investment.This study offers new empirical evidence regarding peer effects in corporate investment in China.
文摘This paper selects China's A-share listed companies from 2012 to 2021 as the research sample and explores the impact of digital transformation on corporate green technology innovation and the moderating role of corporate competitive position in this relationship.The research findings are as follows:Digital transformation plays a significant role in promoting corporate green technology innovation.The improvement of corporate competitive position weakens the promoting effect of digital transformation on corporate green technology innovation.The moderating effect of the corporate competition position is more pronounced in the enterprises of the eastern and western regions,as well as in the listed companies in the manufacturing industry.The promoting effect of digital transformation on utility model patent innovation is dramatically attenuated when the corporate competitive position is strengthened.However,the weakening effect on invention patent innovation is not statistically significant.