Moving up the Quality Ladder?

• 영문명: Moving up the Quality Ladder? EU-China Dynamics in Clothing
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Hylke Vandenbussche Francesco Di Comite Laura Rovegno Christian Viegelahn
• 간행물 정보: 『Journal of Economic Integration』제28권 제2호, 303~326쪽, 전체 24쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2013.06.30

영문 초록

We apply a simple method to study the relative quality of Chinese versus European products exported in the clothing sector after the end of the Multi-Fiber Arrangement. Based on the model of Foster et al., (2008), we interpret the change in relative export prices and quantities sold in narrowly defined product categories as an indicator of quality shifts. Using UN Comtrade data, we find that European varieties exported to the US typically sell for a higher price than identical Chinese varieties exported to the US, but this price gap is narrowing. Despite rising prices, Chinese varieties are gaining market share. This opposite movement of relative prices and quantities sold in the same destination market are a strong indication of China`s moving up the quality ladder in its clothing exports relative to the EU. While European core products in clothing are stable over time, Chinese exports show product dynamics with exit and entry of new core products every year.

목차

Ⅰ. Introduction

Ⅱ. Data and Methodology

Ⅲ. Comparing EU and China’s Exports in Clothing to the Rest of the World

Ⅳ. Price versus Quantity Analysis

Ⅴ. The US market

Ⅵ. Conclusion

키워드

Trade Quality upgrading Import competition Product dynamics