Details

Autor(en) / Beteiligte

• Zheng, Yafei
• Shao, Yanmin
• Wang, Shouyang

Titel

The determinants of Chinese nonferrous metals imports and exports

Ist Teil von

• Resources policy, 2017-09, Vol.53, p.238-246

Ort / Verlag

Kidlington: Elsevier Ltd

Erscheinungsjahr

2017

Quelle

PAIS Index

Beschreibungen/Notizen

• This study investigates the determinants of Chinese nonferrous metals imports and exports using 40-country/region panel data during the period 1995–2014. The paper extends the standard gravity model to identify the factors that affect Chinese international nonferrous metals trade. The results can be summarized as three main findings: (1) Chinese nonferrous metals imports are mainly associated with market size, geographic proximity, ore resource endowment, a high degree of economic openness, a high level of political risk, and a well-developed seaport transportation system of trade partners; (2) Chinese nonferrous metals exports are mainly affected by market size, ore resource scarcity, a high degree of economic openness, and a high level of political risk; and (3) exchange rate, i.e., the price of currency, has a significant positive effect on export flow, but it is not the determinant of Chinese nonferrous metals import flow at the present stage of Chinese economic development. •The gravity model is extended to discuss nonferrous metals imports and exports, separately.•The empirical study is based on the data of 40-country/region during the period 1995–2014.•Market size, ore resource endowment, trade openness and port development levels affect the trade.•The trade partners generally have a high level of political risk.