Do export status and export intensity increase firm performance?

This study examines the effects of export status and export intensity on the performance of firms in Ghana. Our measures of performance include productivity and profitability. Using the Regional Project on Enterprise Development (RPED) dataset covering the period 1991–2002, the results of this study indicate that export status and export intensity have positive effects on productivity, confirming the learning‐by‐exporting hypothesis. Competition on the international market exposes exporting firms to new technologies, and this has the potential of increasing their productivity. Thus, economic policy initiatives should be directed at encouraging firms to enter the export market. Existing exporters should also be motivated to intensify their exporting efforts by exporting more of their output to foreign markets. © 2011 Wiley Periodicals, Inc.     

Knowledge spillovers and new ventures’ export orientation

We draw on the knowledge spillover literature to suggest that a country’s proportion of export-oriented new ventures represents an outcome of knowledge spillovers that stem from foreign direct investment (FDI) and international trade (export spillovers) as well as a source of knowledge spillovers (entrepreneurship spillovers). To test the hypotheses, we use macrolevel data from 34 countries during the period 2002–2005. We find that the relationship between FDI and international trade on the one hand and a country’s proportion of export-oriented new ventures on the other differs for higher- and lower-income countries. In addition, a country’s proportion of export-oriented new ventures affects the subsequent emergence of new businesses.

CO2 emissions embodied in China’s export

ABSTRACT

The reduction of CO₂ emissions embodied in export will have an important role for China to achieve its CO₂ emissions peaking target. In this study, we use input–output analysis to examine the embodied CO₂ emissions in China’s export to its top largest trading countries from 2008 to 2015. We find that China’s exported CO₂ emissions peaked in 2008. More than 70% of embodied CO₂ emission were exported to only 20 countries, and CO₂ emissions exported to developing countries have been increasing. High-energy consumption sectors contribute to CO₂ emissions embodied in export significantly, such as Electricity, Gas and Water. We conclude that structural adjustment could be considered alongside technological improvements to curb China’s growing CO₂ emissions.     

Peanut export：9%↑in H1

China＇s exports of peanuts rose 9 percent year on year in the first half of this year, but the total export value fell because of lower prices paid for the commodity, an official said on July 29.     

Domestic transport infrastructure and firms’ export market participation

Investment in transport infrastructure reduces the cost of distance and enables firms to establish contacts over larger distances. Using data from a panel of Spanish manufacturing firms and geographic information system techniques, this article studies the impact of domestic transport cost reductions on firms’ export market participation, taking into account the role of entry costs and other firm characteristics. We estimate dynamic probability models, controlling for the unobserved heterogeneity of firms and for the simultaneity of firms’ export and location decisions. Our results demonstrate a positive effect of domestic transport infrastructure improvements on small and medium-sized firms’ probability of exporting.     

A method for calculating export supply and import demand elasticities

This article has a dual aim. First, it sets out to underline a learning-by-exporting effect in Spanish firms between 1991 and 2002. It further seeks to outline the conditions allowing firms to benefit from these spillover effects. Using a propensity score matching method, a group of firms having entered the export market (treatment group) is compared with a similar group of non-exporting firms (control group), and difference-in-differences regressions are carried out. The results show a cumulative productivity differential of 32% for the first four years of exporting, with continuous improvement in productivity. After three years of exporting, productivity gain is still approximately 10%. This study shows that increases in capacity utilisation and competitive pressure from foreign markets are insufficient to explain this causal link between exporting and total factor productivity (TFP). It is thus possible to deduce the presence of a learning-by-exporting effect, benefiting firms with sufficiently qualified employees and which are already engaged in international relations (due to foreign suppliers and/or foreign equity participation).     

China＇s gasoline export to grow amid car sales boom

China Petrochemical Corp or Sinopec Group plans to tap the vehicle charging station market by adding charging facilities in its large gas stations in some regions, such as Beijing and Chongqing.     

Managerial assessments of export performance: What do they reflect?

Export performance is often measured by managers’ subjective assessments, but little is known about what such assessments reflect. This article addresses this gap in the literature by analyzing the association between subjective and objective measures of export performance. We examined which aspects managers take into consideration when subjectively assessing the export performance of their firm. We also examined whether managers’ assessments had any predictive power concerning the future development of their firm’s export sales.Our empirical evidence is based on Norwegian small and medium-sized enterprises operating mainly in business-to business markets. Our analyses show that managers’ subjective assessment of export performance at the firm level is significantly associated with the percentage of the total firm sales that are exported. This is true for assessments of economic as well as non-economic performance. Subjective assessments, however, were not associated with actual export sales levels or with export growth.     

industry expert： China＇s steel exporters face grim export conditions

It is reported that the Sate Council decided to increase export rebate rate on steel products from April 1st. Insiders viewed it would reverse gloomy sentiment on export and lead steelmakers to ship out more stockpiles. However, most analysts predicted that it would hardly to boost steel price as oversupply still prevails in the market.     

Do falling iceberg costs explain recent U.S. export growth?

We study empirically and theoretically the growth of U.S. manufacturing exports from 1987 to 2007. We use plant-level data on exporters' export intensity to identify the changes in iceberg costs over this period. Given this change in iceberg costs, we find that a GE model with heterogeneous establishments and dynamic exporting decision from a sunk cost of starting to export is consistent with both aggregate U.S. export growth and the changes in the number and size of U.S. exporters. The model also captures the gradual response of U.S. exports to the cut in iceberg costs. A model with a static exporting decision generates substantially less trade growth and misses out on the timing of export growth. We also study the interplay between changes in the structure of manufacturing and trade. We find that the growth in trade contributed little to the contraction in U.S. manufacturing while changes in the structure of manufacturing from changes in sectoral productivity, capital intensity, idiosyncratic shocks, and corporate taxation reduced U.S. export growth by as much as 10%.     

Growth in China＇s auto import,export to slow further down

China＇s Ministry of Commerce is mulling a new package to support the country＇s auto exports, which saw dramatic downturn in recent months, the Beijing News reported on January 5.     

China＇s food export down in Nov. upon product safety scandals

China imported 2.11 million tons of cotton in 2008, down 14.1 percent from 2007, according to statistics from China Customs. The imported volume in December 2008 dropped 47.7 percent year-on- year to 168,000 tons, said Customs.     

Export diversification,mean-reversion of exports,and stability of export–growth causality

ABSTRACT

This study proposes a five-step statistical procedure to examine a linkage among export diversification, mean-reversion of exports, and stability of the export–growth causality. This linkage was assessed for France, Norway, and Switzerland between 1980Q1 and 2016Q4. The findings indicated that the mean-reversion tendency of the export sectors in France and Switzerland was stronger than in Norway, which highlighted the important role of export activities for economic growth in France and Switzerland. Also, the causal relationship between exports and economic growth in Norway was found to be more unstable than in France, but more stable than in Switzerland.     

Can export rebate increase help China＇s textile industry to warm up？

China continued to see a slowdown in export of textiles and garments in the first eight months of this year, due largely to weak demand resulting from economic downturn in the euro zone and the United States, the General Administration of Customs said on September 13.     

Back-end information technology resources and manufacturing SMEs’ export commitment: An empirical investigation

The capacity of small and medium-sized enterprises (SMEs) to embrace international markets is based on some prerequisites including the acquisition and / or development of specific resources. Drawing on a sample of 202 Canadian manufacturing SMEs, and using the resource-based view as a theoretical lens, this study analyzes the effects of different configurations of the adoption of back-end information technology (IT) resources on the levels of export commitment. The results show that there are four well-separated profiles of SMEs with regard to the adoption levels of back-end IT resources, and that the profiles with higher levels of back-end IT resources adopted are most likely to be exporters, particularly to the nearby international markets. This study contributes to theoretically bridging the gaps in both the information system and international business literature concerning the role of back-end IT resources in sustaining SMEs’ export commitment and has practical implications as well.     

Can export rebate increase help China′s textile industry to warm up?

The Chinese Ministry of Finance(MOF)and the State Ad- ministration of Taxation(SAT)have.jointly published the Circular on Adjustment of Export Rebate Rate on Certain Textile Products and Garments,announcing the increase of tax rebates for exports of certain textile and garment from 11 percent to 13 percent as of August l,2008.Export contracts which have been put on file and