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.
| Original language | English |
|---|---|
| Pages (from-to) | 2028-2045 |
| Number of pages | 18 |
| Journal | Textile Research Journal |
| Volume | 80 |
| Issue number | 19 |
| DOIs | |
| Publication status | Published - 1 Jul 2010 |
| Externally published | Yes |
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Export Conditions of the Chinese Textile Industry : An Analysis in Comparison with Selected ASEAN Countries. / Lau, Chi Keung Marco; Bilgin, Mehmet Huseyin.
In: Textile Research Journal, Vol. 80, No. 19, 01.07.2010, p. 2028-2045.Research output: Contribution to journal › Article
TY - JOUR
T1 - Export Conditions of the Chinese Textile Industry
T2 - An Analysis in Comparison with Selected ASEAN Countries
AU - Lau, Chi Keung Marco
AU - Bilgin, Mehmet Huseyin
PY - 2010/7/1
Y1 - 2010/7/1
N2 - 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.
AB - 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.
KW - ATC
KW - chinese economy
KW - error-correction model
KW - export demand
KW - gravity model
KW - textile industry
UR - http://www.scopus.com/inward/record.url?scp=78649976491&partnerID=8YFLogxK
U2 - 10.1177/0040517510373638
DO - 10.1177/0040517510373638
M3 - Article
VL - 80
SP - 2028
EP - 2045
JO - Textile Reseach Journal
JF - Textile Reseach Journal
SN - 0040-5175
IS - 19
ER -