The gravity equation is usually employed by researchers in the field of international trade to explain the growth of a country's imports and exports volume, especially the manufactured goods. But in China, variables in the model, such as exchange rate, tariff, transportation cost, and spatial...

Using firm-level data from a 2009 survey conducted in Suzhou City, Jiangsu Province, China, this paper examines impacts of technology capacity and value-chain position on firm’s product competitiveness. Both technology capacity and product competitiveness are self-assessed relative to other...

Using a panel of China's enterprises from 1999 to 2007, this paper examined how market-oriented economic transition affects the productivity of China's enterprises given the various stages of enterprises in the commercialization process and given the market segmentation among Chinese different...

We examine the effect of agency cost on the relation between top executives' overconfidence and investment-cash flow sensitivity using the data from Chinese listed companies. We find that on average top executives' overconfidence leads to increased investment-cash flow sensitivity. However, this...

This paper analyses the mechanism of how development of producer services improves the productivity of manufacturing through mathematical model. We argue that as an advanced input of manufacturing, producer services not only improve their own efficiency, but also reduce the unit producer cost of...

Using firm-level data from a 2009 survey conducted in Suzhou city, Jiangsu province, this article examines the impact of technological capacity and value-chain position on a firm's product competitiveness. Technological capacity and product competitiveness are self-assessed relative to other...

This paper analyses the mechanism of how development of producer services improves the productivity of manufacturing through mathematical model. We argue that as an advanced input of manufacturing, producer services not only improve their own efficiency, but also reduce the unit producer cost of...