China's Foreign Trade Behavior in the 1980's: An Empirical Analysis
This paper studies the behavior of China's foreign trade in the 1980s. Chinese customs data are used to construct, for the first time, quarterly unit value and volume series that are then used to estimate foreign trade income and price elasticities. The estimated export supply price elasticitie...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
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Schriftenreihe: | IMF Working Papers
Working Paper No. 92/5 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper studies the behavior of China's foreign trade in the 1980s. Chinese customs data are used to construct, for the first time, quarterly unit value and volume series that are then used to estimate foreign trade income and price elasticities. The estimated export supply price elasticities are negative and became even more negative after the reforms in 1985. The import price elasticity is very close to minus one. These results suggest that administrative controls still have a dominant effect on China's trade and may also suggest that reforms in the management system of Chinese enterprises were not sufficient to create profit maximizing behavior by managers |
Beschreibung: | 1 Online-Ressource (64 p) |
ISBN: | 1451842090 9781451842098 |
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spelling | Brender, Adi Verfasser aut China's Foreign Trade Behavior in the 1980's An Empirical Analysis Brender, Adi Washington, D.C International Monetary Fund 1992 1 Online-Ressource (64 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/5 This paper studies the behavior of China's foreign trade in the 1980s. Chinese customs data are used to construct, for the first time, quarterly unit value and volume series that are then used to estimate foreign trade income and price elasticities. The estimated export supply price elasticities are negative and became even more negative after the reforms in 1985. The import price elasticity is very close to minus one. These results suggest that administrative controls still have a dominant effect on China's trade and may also suggest that reforms in the management system of Chinese enterprises were not sufficient to create profit maximizing behavior by managers Online-Ausg http://elibrary.imf.org/view/IMF001/01235-9781451842098/01235-9781451842098/01235-9781451842098.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Brender, Adi China's Foreign Trade Behavior in the 1980's An Empirical Analysis |
title | China's Foreign Trade Behavior in the 1980's An Empirical Analysis |
title_auth | China's Foreign Trade Behavior in the 1980's An Empirical Analysis |
title_exact_search | China's Foreign Trade Behavior in the 1980's An Empirical Analysis |
title_exact_search_txtP | China's Foreign Trade Behavior in the 1980's An Empirical Analysis |
title_full | China's Foreign Trade Behavior in the 1980's An Empirical Analysis Brender, Adi |
title_fullStr | China's Foreign Trade Behavior in the 1980's An Empirical Analysis Brender, Adi |
title_full_unstemmed | China's Foreign Trade Behavior in the 1980's An Empirical Analysis Brender, Adi |
title_short | China's Foreign Trade Behavior in the 1980's |
title_sort | china s foreign trade behavior in the 1980 s an empirical analysis |
title_sub | An Empirical Analysis |
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