跳至主要内容

Impacts of US Reindustrialization on Chinese Manufacturing

Read full paper at:
http://www.scirp.org/journal/PaperInformation.aspx?PaperID=49166#.VJJNFMnQrzE

The hollowing-out degree of American local manufacturing enterprises has reached a rather high level due to the long-term off-shoring of the industries to other developing countries. Some U.S. companies started to show intentions to move their manufacturing back home—a strategy known as “re-shoring” since 2010. The re-shoring behavior in U.S. manufacturing has triggered much concern about U.S. Manufacturing Rebuilding. This article analyzes the key factors that may influence U.S. companies’ re-shoring strategies. In the empirical part, regression formula is established to evaluate those potential influence factors and verify their significance.
Cite this paper
Zhao, W. , Yan, H. and Liu, H. (2014) Impacts of US Reindustrialization on Chinese Manufacturing. Open Journal of Social Sciences, 2, 139-143. doi: 10.4236/jss.2014.29024
 

[1] Caves, R.E. and Porter, M.E. (1976) Barriers to Exit. In: Qualls, P.D. and Masson, R., Eds, Essays on Industrial Organization in Honor of Joe S. Bain. Ballinger, Cambridge, 36-69.
[2] Boddewyn, J.J. (1979) Foreign Divestment: Magnitude and Factors. Journal of International Business Studies, 10, 21- 26.
[3] Hamilton, R.T. and Chow, Y.K. (1993) Why Managers Divest-Evidence from New Zealand’s Largest Companies. Strategic Management Journal, 14.
[4] M. C. Mcdermott (1994) Defensive Voluntary Foreign Divestment Theory and Empirical Evidence of US MNEs in the European Union. United Kingdom AIB Annual Conference, UMIST, Manchester, Mimeo.
[5] Chen, X. (2012) It Is Not Easy for America to Go Back—Interview of He Man of Transnational Corporation Research Center, Ministry of Commerce Research Institute. Equipment Manufacturing, 10.
[6] Lu, Y. (2013) Manufacture Industry Reflow to America Can’t Be Finished in One Day. Beijing News.
[7] Mi, J.W. and Chen Q. (2012) Reason and Influence of America Manufacture Industry’s Back to the Nest. Development Research, 12.
[8] Zhang, Y.Y. and Liu, D.L. (2013) Restores Outsourcing: New Strategy of Chinese Economic Globalization. Chinese Industrial Economy, 5.
[9] Liu, J.H. (2011) Back to America? Business Week, 24.
[10] Jin, B., Li P.F. and Liao J.H. (2013) Current Situation and Development Trend of China’s Industry International Competitive—Based on Analysis of Export Commodities. Chinese Industrial Economy, 5.
[11] Tian, W. and Yu, M.J. (2013) Export Strength and Liberalization of Import Intermediate Goods Trade: Empirical Research from Chinese Corporations. Management World, 1.                                      eww141218lx

评论

此博客中的热门博文

Does Immigration Promote the Investment of the Monopolistic Firm?

In the present paper, we examine the effect of increasing uncertainty of immigrants’ growth on the optimal timing of investment of a firm that has a monopolistic power over the labor market. It is revealed that when the uncertainty of immigrants’ growth is more than a threshold level, increasing uncertainty of immigrants’ growth accelerates the optimal timing of firms’ investment and enhances the economic growth, even if the uncertainty of immigrants’ growth is formulated by the geometric Brownian motion, which is in sharp contrast to the standard result that an increase in the uncertainty postpones the optimal timing. With an increase in the immigrants over the past ten years, workforces in the host countries have been growing significantly to the extent that the immigrants represent 70% of the increase in the workforce in Europe, and 47% in the United States as OECD indicates. In the present paper, we attempted to investigate the effect of increased uncertainty caused by the growi...

Education Policy Implementation: A Mechanism for Enhancing Primary Education Development in Zanzibar

Education is one of the fundamental rights of individuals; therefore, the government of a country needs to develop and strengthen educational policy and quality as well as to ensure that everyone has equal access to basic education. The improvement of access and quality of education in the world is becoming as an essential factor in development, whereas the basic education (primary school), is acknowledged as a foundation of the higher educational development for every country. To fulfill this goal, governments introduce several policies and procedures; however, it requires some reforms and participation from the politician, policymakers, and other stakeholders to re-examine educational policy so that it can lead to multiplication and betterment of the reforms. Educational reforms actually focus on accountability. A positive educational development and reform is very challenging and needs more effort and strategy on how to use and utilize the resources effectively as such it can achie...