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Looking back to look forward: setting future research agenda for international business in textiles and clothing industry

Citation

Chu, WCA and Chan, MHE and Cheung, J and Nguyen, H-O, Looking back to look forward: setting future research agenda for international business in textiles and clothing industry, Journal of International Logistics and Trade, 17, (1) pp. 21-32. ISSN 1738-2122 (2019) [Refereed Article]


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DOI: doi:10.24006/jilt.2019.17.1.003003

Abstract

Since its development by Tinbergen (1962), the gravity model of international trade has widely been applied to analyse the effect of various factors on trade relationships between countries. Past studies on trade gravity vary not only in the mix of model variables but also in how they have come into the analysis. This study reviews existing literature on bilateral trade with an aim to identify influential predictors such as changes of trade policy and national development strategy and highlight important yet understudied factors such as transport and logistics infrastructure, and sustainable development. To demonstrate the needs to examine these critical factors across industry sectors, the study presents the case of textiles and clothing (T&C) production and trade between China and its trading partners as an illustration. Through the literature review, it shows how the gravity model can be applied to address current issues in international trade arena such as the potential trade war between the US and China, China’s Belt and Road Initiative (BRI), and other important factors shaping global T&C trade. This study offers future research directions for analysis of global trade in the T&C industry and contributes to the wider literature of international business and trade.

Item Details

Item Type:Refereed Article
Keywords:trade gravity, bilateral trade, textiles and clothing, trade facilitation
Research Division:Economics
Research Group:Applied economics
Research Field:International economics
Objective Division:Economic Framework
Objective Group:International trade policy
Objective Field:Trade policy
UTAS Author:Nguyen, H-O (Associate Professor Oanh Nguyen)
ID Code:145495
Year Published:2019
Deposited By:Maritime and Logistics Management
Deposited On:2021-07-23
Last Modified:2021-07-24
Downloads:0

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