Liu, Hang; Li, Ping; Danhui, Yang - In: China finance and economic review : CFER 5 (2017) 11, pp. 1-22
Background: Intuitively speaking, there is an inverse proportional relationship between exports and overcapacity, which means in export’s busy season, enterprises would expand output and improve capacity utilization rate but control yields to avoid dull sale in slack season, causing...