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The effect of a Chinese minimum wage increase on China's textile market as well as on the world cotton market is evaluated. Based on a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) model of China's textile demand, the results suggest that the income elasticity for textiles is around...
Persistent link: https://www.econbiz.de/10010890774
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Under the Uruguay Round's Agreement on Textiles and Clothing (ATC), the quotas inherited from the Multifibre Arrangement were gradually phased-out between January 1995 and 31 December 2004. This study estimates the impact of the ATC's implementation on China's textile industry and China's cotton...
Persistent link: https://www.econbiz.de/10008503088
This paper examines the effects of distribution channels on demand for apparel, home textiles and other textiles (such as shoes) in urban China. The estimation procedure we use in this study is implemented in three steps. First, we estimate the price/unit value information; second, we estimate...
Persistent link: https://www.econbiz.de/10010880343
The effect of a Chinese minimum wage increase on China’s textile market as well as on the world cotton market is evaluated. Based on a Nonlinear Quadratic Almost Ideal Demand System (NQAIDS) model of China’s textile demand, the results suggest that the income elasticity for textiles is...
Persistent link: https://www.econbiz.de/10009020945
The growth of China's textile industry has been one of the dominant factors shaping world cotton and textile markets in recent years. Since China's accession to the World Trade Organization (WTO) in December 2001, China's textile and apparel (T&A) exports have grown by more than 40 percent and...
Persistent link: https://www.econbiz.de/10005061014
Persistent link: https://www.econbiz.de/10010910878
This analysis uses a residual demand elasticity model to measure market power of the international cotton market. The results indicate that both china and U.S. dominate the cotton price with a higher market power in china compared to the U.S. Those test results combined with a partial...
Persistent link: https://www.econbiz.de/10010913563
Persistent link: https://www.econbiz.de/10009207541
Persistent link: https://www.econbiz.de/10008546371