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ISSN: 2333-9721
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A Cross-Countries Research on the Duration of Export Trade Relationships in Manufacturing Industry
[PDF]
Hualin Pu, Ting Li
American Journal of Industrial and Business Management (AJIBM)
,
2018,
DOI: 10.4236/ajibm.2018.84059
es not
have advantages in labor costs compared with some developing countries such as
India and Vietnam. Therefore, the export trade of China, especially the export
of manufacturing industry, is in face of an unprecedented crisis. And whether
can we ensure the sustainability of export trade in manufacturing industry
becomes particularly important. This paper, based on Survival Analysis, makes a
study of the duration of export trade relationships of the top ten countries
represented by China, America, and Germany in manufacturing sub-sectors from
1995 to 2015. We found that China can maintain a long time trade relationship
in export trade of manufacturing. And we can know from the cross-countries
comparison of median survival time and survival rate of manufacturing
sub-sectors that China’s export trade in manufacturing performs differently in
different sub-sectors. And we should ensure the sustainability of export trade
in manufacturing while simultaneously extend different treatment to different
manufacturing sub-sectors.
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