Skip to content
Research Article Open access CC BY 4.0

Big Events and the Structural Changes of Foreign Trade in Guangdong Province of China

Qishui Chi, Yue Mao

Journal of Economics, Management and Trade · pp. 74–83 · Published 13 Mar 2015

10.9734/BJEMT/2015/16562

Abstract

Foreign trade in Guangdong province of China plays an important role in the country and even the whole world. There are two kinds of big events which may impact Guangdong’s imports and exports, one is universal events such as the outbreak of financial crisis in 2008, the other is regional events such as the launch of CEPA in 2004. Big events may have great impact on foreign trade in Guangdong province. By applying the method advanced by Lumsdaine and Papell, the relationship between big events and Guangdong’s foreign trade is investigated. It shows that the big events, including the launch of CEPA in 2004, the RMB exchange rate formation mechanism reform in 2005, the outbreak of financial crisis in 2008, have impacted significantly on the imports of Guangdong. It also indicates that the growth rate of exports is slow down due to the financial crisis and European debt crisis.

Big events foreign trade structural changes

References (21)

  1. 1 Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis [DOI]
  2. 2 A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’ [DOI]
  3. 3 Multiple Trend Breaks and the Unit-Root Hypothesis [DOI]
  4. 4 Limit theorems in change-point analysis
  5. 5 Estimating and Testing Structural Changes in Multivariate Regressions [DOI]
  6. 6 A new unit root test against ESTAR based on a class of modified statistics [DOI]
  7. 7 Unit roots, postwar slowdowns and long-run growth: Evidence from two structural breaks [DOI]
  8. 8 How Would an Appreciation of the Renminbi and Other East Asian Currencies Affect China's Exports? [DOI]
  9. 9 The effect of trade liberalization on exports, imports, the balance of trade, and growth: the case of Mexico [DOI]
  10. 10 Food standards and exports: evidence for China [DOI]
  11. 11 THE EFFECT OF EXCHANGE RATE CHANGES ON CHINA'S LABOUR‐INTENSIVE MANUFACTURING EXPORTS [DOI]
  12. 12 Market power and import bans: the case of Japanese pork imports [DOI]
  13. 13 Trade Impacts of Increased Border Security Concerns [DOI]
  14. 14 RESTRICTED STRUCTURAL CHANGE AND THE UNIT ROOT HYPOTHESIS [DOI]
  15. 15 China's Exports and Imports of Agricultural Products under the WTO [DOI]
  16. 16 Structural Change in China's Import and Export [DOI]
  17. 17 The impact of EU export subsidy reductions on U.S. dairy exports [DOI]
  18. 18 The Impact of Money Supply on the Price: Evidence from China [DOI]
  19. 19 The Effect of Global Financial Crisis on the Philippines' Export Sector: A Vector Auto-Regression Analysis
  20. 20 A Study on the Shock Effect of Uncertain Events in International Trade
  21. 21 China's Export Growth And The China Safeguard: Threats To The World Trading System? [DOI]

Cited by 0

No indexed citations yet.

Related research

Article metrics

Real usage data collected on this platform.

46

Page views

0

PDF downloads

28

Outbound clicks

0

Citations

Views over time

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

Traffic sources

Referring site, by host.

Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.