改变世界纺织品贸易模式外文翻译.docVIP

外文翻译 原文 Changing Pattern In Word Textile Trade Material Source: [J]American Economic Review, 2007（）Author: Ayub HarThe objective of this study is to forecast the future trade patterns and to identify the determinants of exports of textile and clothing. We included top 24 leading exporting countries from the textile and clothing sectors. Those countries cover more than 72 percent of global exports and 70 percent of imports in textile and clothing sectors. The countries cover 81 percent of the Gross World Product (GWP) also. To quantify the impacts of causal factors on imports and exports, we developed an econometric model and found that financial liquidity, endogenous production of cotton and the magnitude of imported raw material and intermediate goods are the root-causes of export of textile and clothing products. While, GDP and exports of textile and clothing products are proved as good predictors of import of textile and clothing products. The study gives surprising results and mentions that China, Hong Kong and Italy will be the net looser, while the United States and Canada will be the net gainers in future. Keywords: textile; trade; pattern; export Textile and clothing industries and trade have long been a catalyst of economic growth throughout the world. In 2001, it accounted for over US$450 billion of trade worldwide. In terms of share of population employed and of total exports, it is particularly important for developing countries (like Korea, India, Indonesia, and Mexico), especially for some of the least developing countries (like Bangladesh and Pakistan), which have a very high dependence on textile and clothing exports. The total export value in world clothing trade was US $206 billion in 1999, with 63 percent shared by the top 15 exporting countries. China was the world leader, with 16 percent of global export market share, followed by Hong Kong with 12 percent market share, and Italy, United States, Mexico, Germany, Turkey, France, Korea