Author: William Guy ScottPublisher:
ISBN:
Category : Wool industry
Languages : en
Pages : 150
Book Description
A Model of the World Wool Textile Market
Author: William Guy ScottPublisher:
ISBN:
Category : Wool industry
Languages : en
Pages : 150
Book Description
A Model of the World Wool Market
Author: George VerikiosA General Equilibrium Model of the World Wool Market
Author: George VerikiosModernizing China's Industries
Author: Colin G. BrownPublisher: Edward Elgar Publishing
ISBN: 9781781958148
Category : Business & Economics
Languages : en
Pages : 268
Book Description
The book fills an important gap in understanding the process of economic transformation by providing a comprehensive and in-depth micro-level analysis of industrial transition. . . The book is highly recommended for those who are working on or studying the Chinese economic transformation focusing especially on industry and its transition. Ligang Song, Economic Record As the authors admit, the wool industry may seem a rather obscure choice (p. 23). Yet this is a book of interest to a much wider relationship than agro-business specialists. It provides a meticulous case-study of one industry which illuminates a number of broader issues currently under discussion in the China studies field. . . As the Chinese economy becomes more variegated, economists and political scientists trying to understand the Chinese economic reform experience will increasingly have to rely on such studies. They bring out the intricacies of this process and help us to move from across-the-board generalizations on property rights reform to more nuanced analyses of economic transition. Björn Alpermann, The China Journal China defies generalizations, and the only way that we can hope to obtain a clear idea of the process of reform is through detailed studies, that trace the complex ebb and flow of reforms, including the interactions between centre and locality, and between the stages of the processing. This is a valuable study that will stand the test of time. Will Martin, The World Bank, US This book is more than yet another industry report . This is a book on transition. It describes the mega-forces privatization; state-owned enterprise reform; internationalization; increasing competition and their mega-consequences the proliferation of small, private traders; the diversification of the process sector; the disintegration of government agencies and private initiatives that had been in charge of coordinating and managing quality that not only affected the wool sector, but are literally re-defining the fabric of China s economy. For those interested in trying to better understand the fastest growing economy in the world, this is a must read. Neither the authors competence in wool technology nor their description of the institutional details of the wool economy gets in the way of their main message. Powerful economic forces are at work in China. In some cases there are positive benefits through competitive and improved incentives. In other cases, however, there is a cost in terms of rising transaction costs, imperfect information and the inability to rationalize the evolving supply chains. Scott Rozelle, University of California, US China is the world s largest producer and consumer of wool textiles but the structure of its industry remains confusing and complex to many. While China offers the most important growth opportunity in the world today, the transition from a centrally planned to a market economy has compounded the difficulties and risks for many traders and investors wishing to deal with and in this market. This publication makes a major contribution towards unravelling the complexity of Chinese industrial structures through its review of recent changes to one of China s oldest but still significant manufacturing sectors, the wool textile industry. The lessons learned through this study will be relevant to anyone wishing to understand China s industrial modernization processes. Barry White, Chief Executive Officer, International Fibre Council (IFC) Ltd, Director, Australia China Business Council Exposed to powerful new economic forces, and undergoing dramatic ownership reforms and technological changes, China s industries are modernizing at a breakneck pace. In many industries, the outcomes have been chaotic and poorly aligned with societal objectives. This book analyses the transformation and modernization of China s industries through a detailed investigation of the wool and wool textile industries. The authors argue that to remai
Wool, the World's Comforter
Author: William Dermot DarbyPublisher:
ISBN:
Category : Wool industry
Languages : en
Pages : 116
Book Description
The International Wool Trade
Author: Julian RochePublisher: Elsevier
ISBN: 1845692861
Category : Business & Economics
Languages : en
Pages : 236
Book Description
This is a comprehensive guide the wool industry and the trading mechanisms involved in this vital business. The supply chain is examined, from sheep farming through to final garment manufacture and supply. The patterns of trade are explored, together with the various international arrangements that are associated that are associated with the wool trade. The book goes on to explain the theory and practice of trading in the futures markets and the associated regulation, and looks at the players, both wool companies and other institutions. The final chapter covers competitors to wool, such as man-made fibres and cotton, providing an analysis of current international trading patterns and looking to the future for this essential commodity.
Modeling the World Wool Market
Author: George VerikiosUnderstanding the World Wool Market
Author: George VerikiosPublisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 284
Book Description
[Truncated abstract] The core objective of this thesis is summarised by its title: “Understanding the World Wool Market: Trade, Productivity and Grower Incomes”. Thus, we wish to aid understanding of the economic mechanisms by which the world wool market operates. In doing so, we analyse two issues trade and productivity and their effect on, inter alia, grower incomes. To achieve the objective, we develop a novel analytical framework, or model. The model combines two long and rich modelling traditions: the partial-equilibrium commodity-specific approach and the computable-general-equilibrium approach. The result is a model that represents the world wool market in detail, tracking the production of greasy wool through five off-farm production stages ending in the production of wool garments. Capturing the multistage nature of the wool production system is a key pillar in this part of the model . . . The estimated welfare gain for China is 0.1% of real income; this is a significant welfare gain. For three losing regions Italy, Germany and Japan the results are robust and we can be highly confident that these regions are the largest losers from the complete removal of 2005 wool tariffs. In both wool tariff liberalisation scenarios, regions whose exports are skewed towards wool textiles and garments gain the most as it is these wool products that have the highest initial tariff rates. The overall finding of this work is that a sophisticated analytical framework is necessary for analysing productivity and trade issues in the world wool market. Only a model of this kind can appropriately handle the degree of complexity of interactions between members (domestic and foreign) of the multistage wool production system. Further, including the nonwool economy in the analytical framework allows us to capture the indirect effects of changes in the world wool market and also the effects on the nonwool economy itself.
World Wool Trade Model
Author: Greg P. ConnollyPublisher:
ISBN:
Category : Wool industry
Languages : en
Pages : 92
Book Description
The Wool Industry
Author: Paul Terry CheringtonPublisher:
ISBN:
Category : Clothing trade
Languages : en
Pages : 286
Book Description