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فهرست مقالات

The Impact of Financial Crisis on Textile Trade Pattern between China and ASEAN

نویسنده:

علمی-پژوهشی/ISC (8 صفحه - از 1 تا 8)

کلیدواژه ها :

Inter-Industry Trade ،Intra-Industry Trade ،VIIT ،HIIT

کلید واژه های ماشینی : Textile Trade Pattern China ASEAN ، China ، ASEAN ، Crisis Textile Trade Pattern ، Trade ، Impact ، Intra ، Industry ، VIIT ، Center Applied Statistics

China and ASEAN have been maintaining a relationship both cooperative and competitive in the textile trade. Due to its labor intensive feature and high dependence on foreign trade, the textile trade has received much attention after the 2008 financial crisis. The customs data (classified by the HS code) from year 2006-2009 is employed to research the impact of the crisis on the trade pattern of textile industry as a whole and each of the 4 subfields (raw materials, textiles, clothing and textile machinery). G-L index and the export-import unit value ratio are analyzed with Brown-Mood median test, and the results show that the China-ASEAN trade pattern has not changed fundamentally. However, the trade-pattern indicators of the textile industry and the subfields, except for the machinery subfield, have been experiencing some quantitative variation in the crisis.

خلاصه ماشینی:

"G-L index and the export-import unit value ratio are analyzed with Brown-Mood median test, and the results show that the China-ASEAN trade pattern has not changed fundamentally. Table 2: Net export for textile industry and 4 subfields from year 2006 to 2009 (Unit: dollar) Year Whole industry Raw material Textiles Clothing Machinery 2006 5931523410 -68743079 3297464255 2422688107 280114127 2007 9564517646 17221275 4280955533 4872763418 393577420 2008 9565616506 124182614 5310411213 3722602088 408420591 2009 8998494387 120948634 5315124147 3267020612 295400994 Source: Authors As can be seen from Figure 1, there are some fluctuations in the G-L index of China-ASEAN trade in both the whole textile industry and the 4 subfields, but the overall trade pattern remains unchanged. impact Source: Authors Impact of financial crisis on the China-ASEAN raw material intra-industry trade pattern Comparing the unit value of exports and imports, we can classify intra-industry trade into horizontal type (HIIT) and the vertical type (VIIT), with HIIT showing no significant difference in the two unit values and HIIT indicating a gap between the two. Besides, the results of Brown-Mood median test show again that there is significant difference between the unit value of exports and imports in both of the years, which have reinforced the conclusion that the raw material subfield of China textile industry is a UP-VIIT pattern in the trade with ASEAN. In the raw material subfield, the intra-industry trade pattern also remained unchanged, but is moving in a direction to inter-industry trade (mainly China exporting to ASEAN)."


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