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
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
