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Modern View
EXPORT GROWTH
(4)
answer(s).
Srl
Item
1
ID:
133183
Decomposing China's export growth into extensive margin, export
/ Gao, Yue; Whalley, John; Ren, Yonglei
Whalley, John
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2014.
Summary/Abstract
This paper decomposes the growth of China's export into three parts: growth in extensive margin, increased quantity and increased prices; we perform a series of empirical analyses using China's export data at the HS-6 digit level to analyze the characteristics of China's export growth. China's export growth depends more and more on price increases, less and less on quantity expansion. Compared with the rest of world, China's export price is in the process of improving, not at an increasing speed but at a declining pace. China's export performance is better than the rest of the world after the financial crisis and in 2008-2010. This reflects a strategy of lowering price and promoting sales in 2009 when facing a slump in export markets; and resuming price increases and increasing sales moderately in reaction to improving export conditions in 2010.
Key Words
International Trade
;
China
;
Economic Growth
;
Financial Crisis
;
Extensive Margin
;
Empirical Analyses
;
Export Growth
;
Export Market
;
Export Quality
;
Quantity Effects
In Basket
Export
2
ID:
103934
Extensive margin, quantity and price in China's export growth
/ Bingzhan, Shi
Bingzhan, Shi
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2011.
Summary/Abstract
We developed a methodology to decompose export growth into three margins: extensive margin, price and quantity. We then decomposed data on China's export trade with 140 partners in 2001 and 2007 into the three margins. We arrive at the following conclusions: China's export growth is mainly driven by quantity growth, which accounts for about 70% of overall export growth. This conclusion is robust for different partners, different industries and different techniques. To convert export quantity-driven growth into extensively margin- and quality-driven growth is a major challenge for the Chinese government and China's enterprises in the long term.
Key Words
Price
;
Extensive Margin
;
Export Growth
;
Quantity
In Basket
Export
3
ID:
133443
FDI in India: growth driver of the economy
/ Das, Aparajita
Das, Aparajita
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2014.
Summary/Abstract
Recent reports say that the newly elected government led by Narendra Modi has taken the decision to allow 100% Foreign Direct Investment (FDI) in defence production. The government has also signalled plans of further relaxing FDI permits for railway and big infrastructural projects. There is a clear indication that FDI would be one of the main drivers of economic growth in India and ensuring better flow of foreign investments would be a government priority.
Key Words
Economics
;
FDI
;
India
;
Economic Growth
;
Foreign Direct Investment
;
Narendra Modi
;
Export Growth
;
FDI in Defence
;
FDI in Railways
;
POSCO
In Basket
Export
4
ID:
133195
Looking inward for transformative growth
/ Tyers, Rod
Tyers, Rod
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2014.
Summary/Abstract
Export led growth has been very effective in modernising China's economy and establishing a large high-saving middle class. Notwithstanding political opposition from trading partners, this growth strategy has also offered the rest of the world improved terms of trade in both product and financial markets, in the form of cheaper light manufactures and cheaper credit. Yet slowing demand in export destinations has forced a transition to inward-sourced growth. This paper uses a numerical model of the Chinese economy with oligopoly behaviour to examine the available "inward" sources of transformative growth along with the policies needed to exploit them. The potential for further "transformative" growth is shown to be considerable though it will require accelerated skilled labour supply growth and the politically difficult extension of industry policy reform to heavy manufacturing and services
Key Words
International Trade
;
China
;
Economic Growth
;
Social reforms
;
Chinese Economy
;
Export Growth
;
Transformative Growth
;
Oligopoly Behaviour
In Basket
Export