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The Dynamics of T&C Export Performance Between China and Other Asian Countries: Implications for BRI Development
Citation
Lau, Y-Y and Chan, EMH and Nguyen, H-O, The Dynamics of T&C Export Performance Between China and Other Asian Countries: Implications for BRI Development, Belt and Road Initiative - Collaboration for Success, Springer Nature Singapore Pte Ltd., EMH Chan & A Gunasekaran (ed), Singapore, pp. 1-25. ISBN 978-981-15-1524-8 (2020) [Research Book Chapter]
Copyright Statement
Copyright 2020 Springer Nature Singapore Pty Ltd.
DOI: doi:10.1007/978-981-15-1525-5_1
Abstract
This paper employs the gravity model to investigate how the growth of China’s textile and clothing (T&C) exports is dominating the exports of other Asian developing countries over the 1990–2015 period. Aggregate analyses were undertaken, and the endogeneity of Chinese exports were accounted by applying instrumental variables with country fixed effects. It was found that there was a negative impact of China’s emergence on T&C exports on other Asian developing countries. We further explored whether such displacement effect varies across Asian countries and the results showed that amore pronounced effectwas found in low-income countries than high-income ones. Our findings suggest that the export competitiveness of China’s neighbors, i.e. bothmore and less developed Asian countries, are affected by the emergence of China in T&C Trade. However, China’s Belt and Road Initiative (BRI) warrants further research to suggest that once the Initiative goes into full force, collaborative opportunities are available between China and other Asian developing counties. The implications of China’s BRI are also discussed.
Item Details
Item Type: | Research Book Chapter |
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Keywords: | international trade, international business, gravity model, panel data analysis, Asia, textile, clothing |
Research Division: | Commerce, Management, Tourism and Services |
Research Group: | Strategy, management and organisational behaviour |
Research Field: | International business |
Objective Division: | Economic Framework |
Objective Group: | International trade policy |
Objective Field: | Trade policy |
UTAS Author: | Nguyen, H-O (Associate Professor Oanh Nguyen) |
ID Code: | 145486 |
Year Published: | 2020 |
Deposited By: | Maritime and Logistics Management |
Deposited On: | 2021-07-22 |
Last Modified: | 2021-09-24 |
Downloads: | 0 |
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