Determinants of U.S. Textile and Apparel Trade
AbstractA gravity model using panel data is applied to determine factors affecting textiles and apparel trade flows into the United States. The study confirms that a nation's aggregate output and per unit productivity serve as important determinants of textiles and apparel trade into the U.S., and the exporting country's depreciating exchange rate as well as its lower prices relative to U.S. prices for textiles and apparel play an important role in determining textiles and apparel trade flows to the U.S. market. Since the WTO's multilateral trade restraining policies of the multi-fibre arrangement (MFA) is found to have slowed down imports, its abrogation in 2005 should lead to greater textiles and apparel imports to the U.S.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by International Food and Agribusiness Management Association (IAMA) in its journal International Food and Agribusiness Management Review.
Volume (Year): 10 (2007)
Issue (Month): 02 ()
brand equity; brand valuation; real options; food firms; growth option value; Agribusiness; International Relations/Trade;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrew K. Rose, 1999.
"One Money, One Market: Estimating the Effect of Common Currencies on Trade,"
NBER Working Papers
7432, National Bureau of Economic Research, Inc.
- Rose, Andrew, 1999. "One Money, One Market: Estimating the Effect of Common Currencies on Trade," Seminar Papers 678, Stockholm University, Institute for International Economic Studies.
- Rose, Andrew K, 1999. "One Money, One Market: Estimating the Effect of Common Currencies on Trade," CEPR Discussion Papers 2329, C.E.P.R. Discussion Papers.
- Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-16, March.
- McCallum, John, 1995. "National Borders Matter: Canada-U.S. Regional Trade Patterns," American Economic Review, American Economic Association, vol. 85(3), pages 615-23, June.
- Jeffrey Frankel & Andrew Rose, 2002.
"An Estimate Of The Effect Of Common Currencies On Trade And Income,"
The Quarterly Journal of Economics,
MIT Press, vol. 117(2), pages 437-466, May.
- Frankel, Jeffrey & Rose, Andrew K., 2001. "An Estimate of the Effect of Common Currencies on Trade and Income," Working Paper Series rwp01-013, Harvard University, John F. Kennedy School of Government.
- Won W. Koo & David Karemera, 1991. "Determinants of World Wheat Trade Flows and Policy Analysis," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 39(3), pages 439-455, November.
- Jeffrey A. Frankel & Shang-Jin Wei, 1993.
"Emerging Currency Blocs,"
NBER Working Papers
4335, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel and Shang-Jin Wei., 1993. "Emerging Currency Blocs," Center for International and Development Economics Research (CIDER) Working Papers C93-026, University of California at Berkeley.
- Darren Hudson & Tian Xia & Osei Yeboah, 2005. "Foreign Direct Investment and Domestic Industries: Market Expansion or Outsourcing? ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(3), pages 387-393.
- John F. Helliwell, 1995.
"Do National Borders Matter for Quebec's Trade?,"
NBER Working Papers
5215, National Bureau of Economic Research, Inc.
- Karemera, David & I. Smith, Wilbur, 1999. "A Gravity Model Analysis of the Benefits of Economic Integration in the Pacific Rim," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 14, pages 347-367.
- Irving B. Kravis & Robert E. Lipsey, 1988. "The Effect of Multinational Firms' Operations on Their Domestic Employment," NBER Working Papers 2760, National Bureau of Economic Research, Inc.
- Thursby, Jerry G & Thursby, Marie C, 1987. "Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 488-95, August.
- Koo, Won W. & Karemera, David & Taylor, Richard, 1994. "A gravity model analysis of meat trade policies," Agricultural Economics, Blackwell, vol. 10(1), pages 81-88, January.
- Eaton, Derek J.F., 2009. "Trade and Intellectual Property Rights in the Agricultural Seed Sector," 2009 Conference, August 16-22, 2009, Beijing, China 51782, International Association of Agricultural Economists.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.