NDLI: Analysis on the dynamic relationship between the R&D capacity and trade of China's furniture industry

Content Provider	IEEE Xplore Digital Library
Author	Diao Gang Cheng Bao-dong
Copyright Year	2013
Description	Author affiliation: Coll. of Econ. & Manage., Beijing Forestry Univ., Beijing, China (Diao Gang; Cheng Bao-dong)
Abstract	China's furniture industry has grown rapidly over the past 10 years, making China an important furniture exporter in the world. This paper focuses on the evolution path of R&D capacity and trade of China's furniture industry and their relationship, analyzes the impact of changes in external factors on R&D capacity, trade and profits, and makes predictions for R&D capacity, trade and profits. A dynamic model of R&D capacity, trade and profits for China's furniture industry is established in this paper based on the data from 1993 to 2008, five methods are used for model estimation and the result derived from the 3SLS method is selected according to the performance of the empirical estimation. The result of regressions shows that the R&D capacity of China's furniture industry acts negatively on its net exports and profit, which means the R&D capacity does not contribute much to net exports and profit increment, in spite of the noticeable increases in research expenditure. Also, the result indicates that the R&D efforts of China's furniture industry are more oriented towards enhancing the industry's learning capacity, but less towards encouraging innovation capacity. Research expenditure grows rapidly mainly because Chinese furniture manufacturers, taking advantages of their comparative advantages in cheaper labors, tend to gain market access by simply copying their competitors' products. The prediction of this model for 2009~2015 shows that China's furniture industry will continue to grow steadily if no substantial changes take place in the current conditions. The present development of China's furniture industry is somehow irrational and its competitive advantage will be easily lost when labor cost increases or when there is sharp fluctuation in the market. Therefore, the R&D efforts of China's furniture industry shall have to shift their emphasis from fostering learning capacity to fostering innovation capacity.
Starting Page	1054
Ending Page	1061
File Size	585122
Page Count	8
File Format	PDF
ISBN	9781479904730
ISSN	21551855
e-ISBN	9781479904747
DOI	10.1109/ICMSE.2013.6586408
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2013-07-17
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Industries Productivity trade R&D capacity Estimation Predictive models dynamic relationship Mathematical model China's furniture industry Equations
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

The comparative analysis of difference between R&D innovation TFP and integrative TFP in China's high-tech industry

Notice of RetractionEffect of offshore outsourcing on the productivity growth of China's services

Using Attachment Curves Model to study the group externality of China's bankcard industry

The interaction between the innovation and the output of China'S High-tech industries based on grey relational analysis

The empirical analysis on the relationship between foreign direct investment and China's service industry growth efficiency

Simulation of supplier-manufacturer relationship model for securing availability of teak log in furniture industry with sustainability consideration

Grey incidence analysis on relationship between China's OFDI Industry Layout and Industrial structure optimization

The analysis on the diffusion effects of R & D based-on CH model

Measurement of Barriers to Trade in Financial Services between China and the United States

Analysis on the dynamic relationship between the R&D capacity and trade of China's furniture industry

Similar Documents

The comparative analysis of difference between R&D innovation TFP and integrative TFP in China's high-tech industry

Notice of RetractionEffect of offshore outsourcing on the productivity growth of China's services

Using Attachment Curves Model to study the group externality of China's bankcard industry

The interaction between the innovation and the output of China'S High-tech industries based on grey relational analysis

The empirical analysis on the relationship between foreign direct investment and China's service industry growth efficiency

Simulation of supplier-manufacturer relationship model for securing availability of teak log in furniture industry with sustainability consideration

Grey incidence analysis on relationship between China's OFDI Industry Layout and Industrial structure optimization

The analysis on the diffusion effects of R & D based-on CH model

Measurement of Barriers to Trade in Financial Services between China and the United States

Analysis on the dynamic relationship between the R&D capacity and trade of China's furniture industry