Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Understanding Chinese Exporting Firms
Download Understanding Chinese Exporting Firms full books in PDF, epub, and Kindle. Read online Understanding Chinese Exporting Firms ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Understanding Chinese Exporting Firms by : Dahai Fu
Download or read book Understanding Chinese Exporting Firms written by Dahai Fu and published by . This book was released on 2012 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation aims to offer new insights into the understanding of the exporting behaviour of heterogeneous firms in China. It consists of four core studies about export-related topics at the firm level. The first study is an investigation of how agglomeration of exporters as a key external force affects export participation and export intensity of firms while controlling for firm heterogeneity. The results show the presence of export spillover effects which have an inverted-U shape relationship with the export performance of firms. It is also found that export spillovers only benefit the firms within the same industry located in the same region. The second core chapter is a survival analysis of export durations after firms' initial attempt of exporting. It is found that Chinese firms faced high risk of ceasing to export in their starting years. However, as expected, firms that are larger, more productive, and more export-intensive or funded by foreign investors are more likely to survive longer in the export market. The third study is an analysis of China's high-tech exports, in which the role of innovation is addressed. It is shown that foreign-invested firms dominate the country's high-tech exports which do not rely on indigenous innovation activities. This confirms the prior finding that the success of Chinese high-tech exports was attributed to the processing trade rather than the R&D efforts and hence technological progress. The fourth study focuses on the wage premium in the exporting sector. It is found that an export wage premium is not a prevailing phenomenon in China. It depends on a firm's ownership, export-orientation and location. Overall, the findings from this dissertation not only enhance our understanding of the export behaviour of Chinese manufacturing firms but also provide some useful policy implications for both the business community and policy makers.
Book Synopsis Decoding China's Export Miracle: A Global Value Chain Analysis by : Yuqing Xing
Download or read book Decoding China's Export Miracle: A Global Value Chain Analysis written by Yuqing Xing and published by World Scientific. This book was released on 2021-03-17 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.
Book Synopsis China’s Miracle in Foreign Trade by : Miaojie Yu
Download or read book China’s Miracle in Foreign Trade written by Miaojie Yu and published by Springer Nature. This book was released on 2022-01-13 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book mainly focuses on the miracle of China’s foreign trade in the past 40 years from five perspectives: first, it briefly reviews the import substitution strategy China adopted before its opening-up; second, it analyzes the export-oriented strategy that contributes a lot to China’s economic growth since 1980s; third, it discusses the impacts of trade liberalization and China’s participation in WTO on Chinese firms; forth, it addresses the deepening opening-up in the context of global financial crisis; last, it provides policy advice on China’s newly conducted all-around opening-up strategy. By dividing China’s opening-up into five stages, this book offers a comprehensive discussion to understand and analyze the reason, performance and challenge of China’s economic growth from the perspective of foreign trade.
Book Synopsis Input Trade Liberalization in China by : Wei Tian
Download or read book Input Trade Liberalization in China written by Wei Tian and published by Springer Nature. This book was released on 2023-12-15 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on input trade liberalization in China and discusses the underlying causes and profound effects of Chinese enterprises facing import liberalization of intermediate input. The content of this book includes ten chapters. The analysis of this book mainly uses academic research, with policy study for a few chapters. Most chapters in this book apply the standard method of contemporary economic systems, integrating into the most advanced economic theories of international trade. The author uses theoretical models to obtain predictions which receive empirical support and carries out strict empirical research using data of China's manufacturing enterprises and China's customs to analyze the causes which affect Chinese enterprises facing import liberalization of intermediate input after China’s reform and opening-up. The suggested readership would be the public who are willing to understand the issues closely related to China’s input trade liberalization and opening-up policy, and basic knowledge in economics would be necessary in understanding the academic research part of the book. Meanwhile, this book is also specifically compelling to business persons and policy makers in that it enables deeper understanding on issues about outward foreign investment of enterprises and China’s opening-up policy and facilitates their decision-making process.
Book Synopsis China's Growing Role in World Trade by : Robert C. Feenstra
Download or read book China's Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.
Book Synopsis China’s New Development Strategies by : Gary Gereffi
Download or read book China’s New Development Strategies written by Gary Gereffi and published by Springer Nature. This book was released on 2022-09-17 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines China’s new development policies, which seek to reposition China from export platform for a diverse array of low-cost consumer goods to technological leader in sectors linked to advanced manufacturing, artificial intelligence, electric vehicles, e-commerce, and new internet-related production networks oriented to China’s large domestic market. Focusing on the post-2010 period, the book shows how China’s central government programs and reforms (“upgrading from above”) are coupled with a wide variety of local government policies, firm strategies, and domestic economy shifts (“upgrading from below”) that link China’s top-down programs into industrial growth on the ground. Placing China’s current development push within a global value chain (GVC) context shows how Chinese development strategies and the global economy remain intertwined. This volume brings together international GVC experts and China-based researchers who have carried out detailed fieldwork and industry specific quantitative analyses of GVCs and development with important implications for policymakers in both developed and developing economies.
Book Synopsis Essays in International Trade by : Xue Bai
Download or read book Essays in International Trade written by Xue Bai and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1: Self-inflicted Wounds? China's Restrictions on Direct Trading (with Kala Krishna)In this paper we discuss the background of China's restrictive policy on direct trading rights and document the changes made in the requirements for domestically-owned Chinese firms to have direct trading rights. We first show that these restrictions (and hence their removal) had differential coverage across industry, location and time. By looking at the impact of removing these restrictions on a variety of variables, we argue that removal of this restrictive policy was indeed an important force affecting exports. Exploiting information on eligibility for direct trading rights at the firm-level, we evaluate the effect of becoming eligible for direct trading on firm behavior and performance. We find positive and significant effects of gaining eligibility on probability of exporting, export values and total revenue. Moreover, most of the effects come from former indirect exporters. This suggests that former indirect exporters who may have been the most constrained firms who gained the most from the liberalization. We also find that gaining direct trading rights tomorrow has advance effect on firms' probability of exporting today suggesting firms are more likely to export indirectly in anticipation of becoming eligible tomorrow. However, these exports are small so that becoming eligible today raises export value and revenues tomorrow, not yesterday so that eligibility operates on these variable with a lag. Chapter 2: How You Export Matters: Export Mode, Learning, and Productivity in China (with Kala Krishna and Hong Ma)Firms can choose how they export: directly or through intermediaries. What are the costs and benefits of such choices? Firms may choose to trade directly, even if this is more costly in the short run, if doing so results in better future outcomes. A policy pursued by China gives us a unique chance to look at such trade-offs in the real world. Before China's accession to the WTO, a large share of domestic Chinese firms were not allowed to export directly, only through intermediaries. In this paper we develop and estimate a dynamic discrete choice model where firms choose their export mode. We recover not only the sunk and fixed costs of exporting according to mode, but also the evolution of productivity and demand under different export modes. We find that the evolution of both demand and productivity is more favorable under direct exporting. On average, starting direct exporting requires significantly higher start-up costs than starting indirect exporting. It is also more costly to remain a direct exporter than to remain an indirect one. Moreover, climbing the export ladder by starting off as an indirect exporter and then transitioning into direct exporting is cheaper than exporting directly to begin with. Our counterfactual experiment suggests that this policy reduced Chinese export growth considerably. Exports would have been $30$ percent less and the export participation rate would have been $37$ percent lower had there been no liberalization of trading rights. In addition, we compare the effects of different trade policies, namely export subsidies and subsidies on export costs. For export subsidies, it is better to target direct exporters over indirect ones, both for increasing the number of exporters and in terms of exports per dollar expended. However for cost subsidies, the opposite is true.Chapter 3: Productivity and Exporting: Selection, Learning by Exporting and Preparing to Export (with Bernardo Diaz de Astarloa and Kala Krishna)Much of the trade literature has focused on the links between productivity and exporting. Three channels have been emphasized. First, productivity causes exporting, so that there is selection into exporting by more productive firms. Second, that exporting generates productivity growth through, for example, learning-by-exporting. Third, that firms make choices that make them more productive in preparation to export. In this paper, we study these links and try to entangle this export-productivity correlation. Utilizing unique features of the Chinese data, we focus on the entire evolution of firms' productivity and decompose productivity growth before and after entering foreign markets. We show that patterns of Chinese exporters are consistent with all three hypotheses. First, exporters are more productive than non-exporters, which is consistent with selection. Future exporters' productivity grow steadily both before and after entry. A larger share of this growth of successful exporters happened after the entry, while productivity growth slows down after exiting for unsuccessful exporters. This is consistent with the learning-by-exporting theory and suggest possible active preparation to export. Furthermore, new exporters increase sales expenditures and earn higher revenue from new products than other firms before they start exporting. This indicates that firms actively invest in marketing structures and product upgrading to prepare for exporting in both demand and cost sides. This is true when compared to both non-exporters and continuous exporters. In addition, China's gradual and anticipated liberalization of direct trading rights help us identify further firm actions in preparing to export. In particular, we find evidence showing that Chinese firms undertook investment with the specific purpose of acquiring direct trading rights.
Book Synopsis International Business in China by : Lane Kelley
Download or read book International Business in China written by Lane Kelley and published by Routledge. This book was released on 2013-11-05 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Business in China looks at the inner workings of business in China. Each sector is explored in detail against the broader cultural context and regional variations. Throughout, the focus is on the political changes which have taken place in recent years and how this has affected business both within China and the firms interacting with her on an international level. The contributors are all well known for their expertise in international business and have had extensive experience with business in China on a domestic and international level. They provide an excellent blend of succinct analysis and practical guidelines for those interested in discovering more about international business in China.
Book Synopsis Trade and Multinational Firms by : Huiya Chen
Download or read book Trade and Multinational Firms written by Huiya Chen and published by . This book was released on 2006 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Chinese Firms in the Global Market by : Maria Altamira
Download or read book Chinese Firms in the Global Market written by Maria Altamira and published by Springer Nature. This book was released on with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis China's exporters and importers : firms, products and trade partners by : Kalina Manova
Download or read book China's exporters and importers : firms, products and trade partners written by Kalina Manova and published by . This book was released on 2009 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses newly available data on Chinese trade flows to establish novel and confirm existing stylized facts about firm heterogeneity in trade. First, the bulk of exports and imports are captured by a few multi-product firms that transact with a large number of countries. Second, the average importer imports more products than the average exporter exports, but exporters trade with more countries than importers do. Third, compared to private domestic firms, foreign affiliates and joint ventures trade more and import more products from more source countries, but export fewer products to fewer destinations. Fourth, the relationship between firms' intensive and extensive margin of trade is non-monotonic, differs between exporters and importers, and depends on the ownership structure of the firm. Fifth, firms frequently exit and re-enter into trade and regularly change their product mix and trade partners, but foreign firms exhibit less churning. Finally, most of the growth in Chinese exports between 2003-2005 was driven by deepening and broadening of trade relationships by surviving firms, while reallocations across firms contributed only 30%. These stylized facts shed light on the cost structure of international trade and the importance of foreign ownership for firms' export and import decisions.
Book Synopsis America's China Trade in Historical Perspective by : Ernest R. May
Download or read book America's China Trade in Historical Perspective written by Ernest R. May and published by Harvard Univ Asia Center. This book was released on 1986 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores commercial relations between the United States and China from the eighteenth century until 1949, fleshing out with facts the romantic and shadowy image of "the China trade." These nine chapters by specialists in the field have developed from papers they presented at a conference supported by the national Committee on American-East Asian Relations. The work begins with an Introduction by John K. Fairbank, then moves on to analysis of the old China trade up to the American Civil War, centering on traditional Chinese exports of tea and silk. A second section deals with American imports into China--cotton textiles and textile-related goods, cigarettes, kerosene. Finally, the impact of the trade on both countries is assessed and the operations of American-owned and multinational companies in China are examined. For both the United States and China, the economic importance of the trade proves to have been less than the legend might suggest.
Book Synopsis China as the World Factory by : Kevin H. Zhang
Download or read book China as the World Factory written by Kevin H. Zhang and published by Routledge. This book was released on 2006-09-27 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, Kevin Zhang brings together an international team of contributors to analyze how China has grown and developed in order to become the world's fourth largest exporting nation.
Book Synopsis China - Opportunities for International Media Businesses: Giving Historical Context, Media Import and Export by : Torsten Hoffmann
Download or read book China - Opportunities for International Media Businesses: Giving Historical Context, Media Import and Export written by Torsten Hoffmann and published by Bachelor + Master Publication. This book was released on 2011-11 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The presence of television is influencing the future of China in ways that no other technology or human agency can" (J. Lull). Given its' importance, both culturally and politically, the television industry is one of the most interesting industries in China. However, a quick review of regulations and market realities showed that there are virtually no foreign channels in the country and probably won?t be for a while; therefore the focus of this report is foreign television content entering China - and, to a slightly lesser degree, Chinese content in global markets. All video genres are discussed here, with news and current affairs programming being a special case. The first part of this report is a short introduction that includes the history of political influence and a review of existing regulations. After this overview, the industry and major players (namely CCTV, Xinhua, News Corp, Phoenix, Disney, Discovery, Viacom) are introduced and analyzed. Here, the issue of cultural imperialism, or Western media influence, is elaborated on. Then, the paper discusses the opportunities for international firms in the Chinese media market and the tension between Government control and market liberalisation. A compelling answer to the question of who will dominate the domestic market in ten years is developed. Finally, the impact of Chinese content on international markets will be assessed within the same timeframe. This is particularly interesting as media is not a traditional manufacturing industry and poses different challenges i.e. creative skills.
Download or read book Schism written by Paul Blustein and published by McGill-Queen's Press - MQUP. This book was released on 2019-09-10 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.
Book Synopsis Decoding China's Export Miracle by : Yuqing Xing
Download or read book Decoding China's Export Miracle written by Yuqing Xing and published by World Scientific Publishing Company. This book was released on 2021-04-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has emerged as the world's largest exporting nation with more than $2 trillion exports annually. China's quick rise as a leading exporter in the world is an unprecedented miracle. There are many theories explaining this miracle. This book adopts the global value chain (GVC) approach to analyze the Chinese export miracle over the last four decades. It focuses on the tasks rather than the gross export value and emphasizes the organizations of modern trade rather than the national comparative advantage. The GVC approach systematically explains how, in less than four decades China has evolved from a closed economy to the world's No. 1 exporting nation; why China, a developing country, has exported more high-technology products than labor-intensive products to the US; and why almost half of the US trade deficit has originated from China.The book identifies three spillover effects of GVCs that originated from brands, technology and product innovation, and distribution and retail networks of GVCs lead firms. It argues that China's deep integration with GVCs has been a decisive factor for China's emergence as the world's No.1 exporting nation and the champion of high-technology exports. In addition, this book uses iPhone trade and the operation of Apple, the largest factory-less American manufacturer, to explain how current trade statistics exaggerate China's exports to and its trade surplus with the US on the one hand, and underestimate US exports on the other hand.By using the experience of the Chinese mobile phone industry, the book argues that the GVC strategy can be a short-cut for developing countries to achieve industrialization and enable firms of developing countries to enter high-technology sectors despite their intrinsic disadvantages. At this end, the book also discusses the future trajectory of China-centered GVCs under the shadow of the US-China trade war and the COVID-19 pandemic.
Book Synopsis Understanding a Changing China by : Howard Davies
Download or read book Understanding a Changing China written by Howard Davies and published by Routledge. This book was released on 2017-08-23 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China becomes the world’s largest economy, so it becomes important to understand the key issues shaping the country’s business environment and the behaviour of Chinese businesspeople. This is difficult because those issues are contested. Is China growing at 3% or 8%? Is the Chinese consumer going to save the world? Are state-owned enterprises national champions or zombies? Have we reached the end of "Cheap China"? Can China innovate? Is business still dominated by personal connections? Are markets or the state in control? Does Chinese culture impede or support organizational effectiveness? Are Chinese dragons at your door? Will the finance and property sectors implode? Is the Chinese model sustainable, or will it end in tears? On all these issues there is ill-informed "noise", and an abundance of partisan interpretations. The purpose of this book, therefore, is to provide an even-handed analysis of the key issues that will shape the threats and opportunities arising from China’s development in the next decade. It cannot resolve the competing claims made. However, it does provide the reader with the ideas and the sources of evidence needed to understand and to make well thought-out judgments as China continues to evolve.
