Export conditions of the Chinese textile industry: an analysis in comparison with selected ASEAN countries

Lau, Chi Keung and Bilgin, Mehmet Huseyin (2010) Export conditions of the Chinese textile industry: an analysis in comparison with selected ASEAN countries. Textile Research Journal, 80 (19). pp. 2028-2045. ISSN 0040-5175

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Abstract

This paper provides a comprehensive and disaggregated set of elasticity estimates, to date, in the face of MFA abolishment. The estimates made here are at a detailed level of disaggregation and should provide researchers with opportunities for future analysis. We used the gravity model to estimate the trade elasticity of China’s apparel cottons in the US market for the period between 1989 and 2009. From the gravity model, two phenomena are observed. First, there exists a unique long-run equilibrium relationship among the import quantity demand, the import price and the US GDP per capita. Second, import price and income elasticity are significant with the expected signs, conditions of which are significant for performing trade–policy analyses.

Item Type:	Article
Uncontrolled Keywords:	textile industry, ATC, chinese economy, export demand, error-correction model, gravity model
Subjects:	L100 Economics N100 Business studies
Department:	Faculties > Business and Law > Newcastle Business School
Depositing User:	Chi Keung Lau
Date Deposited:	24 Sep 2013 09:32
Last Modified:	19 Nov 2019 09:53
URI:	http://nrl.northumbria.ac.uk/id/eprint/13574

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