In face of the rapid fall in prices on theworld petrochemical product market, ChinaPetrochemical International Business YangziCorporation (CPIBYZC) took active meas-ures to regulate its product mix, and by theend of N...In face of the rapid fall in prices on theworld petrochemical product market, ChinaPetrochemical International Business YangziCorporation (CPIBYZC) took active meas-ures to regulate its product mix, and by theend of November 1996, it had earned foreignexchange through the export of US＄76 mil-lion, emerging from the quagmire of foreigntrade. The import and export operations ofthe very large Yangzi Petrochemical Corpo-展开更多
This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of...This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of the impact mechanism,including risk diversification,reversal effect and spillover effect.Based on the sample data of Chinese manufacturing export enterprises from 2000 to 2007,this paper conducts an empirical test on the relationship between export market diversification and total factor productivity.The result indicates that export market diversification has a significant positive effect on the total factor productivity of enterprises.After considering the endogenous problem,by controlling the fixed effects,using the two-stage least square method and changing the duration of the sample for robustness analysis,the results are still consistent.In addition,the role of diversification policy in total factor productivity presents heterogeneous characteristics in terms of different types of enterprise ownership,export intensity,industry competition,trade methods,and the development degree of exporting market.Accordingly,this paper puts forward corresponding policy recommendations.展开更多
The China National Machinery Import and Export Corporation (CMC), founded in 1950, is a large state-owned foreign trade enterprise subordinated to the Ministry of Foreign Trade and Economic Cooperation (MOFTEC). The c...The China National Machinery Import and Export Corporation (CMC), founded in 1950, is a large state-owned foreign trade enterprise subordinated to the Ministry of Foreign Trade and Economic Cooperation (MOFTEC). The corporation focuses on the import and export of mechanical and electrical products. It has maintained an annual trade volume of more than US$ 2 billion for many years and ranks among the top 10 foreign trade companies in the country.展开更多
China is likely to become the third biggest importer of goods from the United States within a year after five straight years as the fastest growing U.S. export market. Chinese Vice Minister of Commerce Gao Hucheng sa...China is likely to become the third biggest importer of goods from the United States within a year after five straight years as the fastest growing U.S. export market. Chinese Vice Minister of Commerce Gao Hucheng said on Thursday that China was expected to overtake Japan as the third largest U.S. export market at the end of this year or early next year.展开更多
The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the followin...The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the following products-bedding products, curtain and towel- is United States.展开更多
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
China’s burgeoning industrial and consumer market is an attractive target for exporters from around the world.China’s imports of agricultural products,industrial products,components,technologies and services present...China’s burgeoning industrial and consumer market is an attractive target for exporters from around the world.China’s imports of agricultural products,industrial products,components,technologies and services present a fantastic opportunity.Most notably,rising incomes and wealth,as well as a growing middle展开更多
Overall level of export fluctuations of the export-oriented countries with rising export volume partly stem from the market failure caused by free choice of export enterprises,some government intervention thus may be ...Overall level of export fluctuations of the export-oriented countries with rising export volume partly stem from the market failure caused by free choice of export enterprises,some government intervention thus may be necessary.To reduce the level of fluctuations of the export growth rates in these countries,this paper,taking the significant differences of the exports among various markets into account and thus using a new index named relative variance to measure the export volatility risks,proposes a model of merchandise market portfolio,a modified version of Markowitz model,available to provide explicit guidelines for the firms,the industries and even the whole country to optimize the structure of their export markets.An application of this model to the case of China’s apple is then discussed.The results show that the market share of China’s apple in 7 sub-markets should be redistributed drastically.展开更多
文摘In face of the rapid fall in prices on theworld petrochemical product market, ChinaPetrochemical International Business YangziCorporation (CPIBYZC) took active meas-ures to regulate its product mix, and by theend of November 1996, it had earned foreignexchange through the export of US＄76 mil-lion, emerging from the quagmire of foreigntrade. The import and export operations ofthe very large Yangzi Petrochemical Corpo-
基金This paper was supported by Shandong Provincial Social Science Research Project(16DJJJ03)“Comparative Study on the Effect of Introducing Market-oriented FDI and Import Trade on Promoting Economic Performance Improvement in Shandong Province”(16DJJJ03).
文摘This paper mainly explores the impact of export market diversification as an important measure to deal with trade friction on firms total factor productivity.Firstly,this article focuses on the theoretical analysis of the impact mechanism,including risk diversification,reversal effect and spillover effect.Based on the sample data of Chinese manufacturing export enterprises from 2000 to 2007,this paper conducts an empirical test on the relationship between export market diversification and total factor productivity.The result indicates that export market diversification has a significant positive effect on the total factor productivity of enterprises.After considering the endogenous problem,by controlling the fixed effects,using the two-stage least square method and changing the duration of the sample for robustness analysis,the results are still consistent.In addition,the role of diversification policy in total factor productivity presents heterogeneous characteristics in terms of different types of enterprise ownership,export intensity,industry competition,trade methods,and the development degree of exporting market.Accordingly,this paper puts forward corresponding policy recommendations.
文摘The China National Machinery Import and Export Corporation (CMC), founded in 1950, is a large state-owned foreign trade enterprise subordinated to the Ministry of Foreign Trade and Economic Cooperation (MOFTEC). The corporation focuses on the import and export of mechanical and electrical products. It has maintained an annual trade volume of more than US$ 2 billion for many years and ranks among the top 10 foreign trade companies in the country.
文摘China is likely to become the third biggest importer of goods from the United States within a year after five straight years as the fastest growing U.S. export market. Chinese Vice Minister of Commerce Gao Hucheng said on Thursday that China was expected to overtake Japan as the third largest U.S. export market at the end of this year or early next year.
文摘The export destination of China’s home textile products are considered to be highly concentrated. This is reflected by the statistical data of the past couple of years when, the top export destination of the following products-bedding products, curtain and towel- is United States.
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China’s burgeoning industrial and consumer market is an attractive target for exporters from around the world.China’s imports of agricultural products,industrial products,components,technologies and services present a fantastic opportunity.Most notably,rising incomes and wealth,as well as a growing middle
基金the project(2018GWQNCX038)for innovative talents in regular universities of the Department of education of Guangdong Province in 2019.
文摘Overall level of export fluctuations of the export-oriented countries with rising export volume partly stem from the market failure caused by free choice of export enterprises,some government intervention thus may be necessary.To reduce the level of fluctuations of the export growth rates in these countries,this paper,taking the significant differences of the exports among various markets into account and thus using a new index named relative variance to measure the export volatility risks,proposes a model of merchandise market portfolio,a modified version of Markowitz model,available to provide explicit guidelines for the firms,the industries and even the whole country to optimize the structure of their export markets.An application of this model to the case of China’s apple is then discussed.The results show that the market share of China’s apple in 7 sub-markets should be redistributed drastically.
