The Study of Trade Competitiveness of Thailand’s Polyethylene Resin in The Chinese Market: A Comparative Analysis of Thailand, Singapore, Malaysia, And Indonesia
Journal Title: International Journal of Business and Management Invention - Year 2019, Vol 8, Issue 1
Abstract
This paper was aimed to study the competitiveness of exporting polyethylene resin to China among Thailand and the other major trade competitors from ASEAN countries, Singapore, Malaysia, and Indonesia by using the analysis which based on the Revealed Comparative Advantage (RCA), the International Market Share (MS), and the Trade Competitive Index (TC) with the relevant annual time-series data from 2008 to 2017 in order to determine the main factors affecting the export potential of Thailand’s polyethylene resin into the Chinese market. The study resulted that (i) Thailand and Singapore are the only two countries that have the comparative advantage of exporting this product, (ii) the biggest market share belonged to Thailand while Malaysia’s market share has been annually declined. However, when considering the TC, (iii) Singapore had won the trade competitiveness among all competitors followed by Thailand, Malaysia, and Indonesia in respectively. Furthermore, it could be suggested that price and exchange rate, in THB/RMB, are the significant factors from this study that influenced the phenomenon of that should be concerned in order to enhance the export potential of the polyethylene resin for Thailand in the Chinese market.
Authors and Affiliations
Chanakarn Unsapcharoen, Zhu Zhu
Keywords
Related Articles
- EP ID EP441099
- DOI -
- Views 111
- Downloads 0
Evaluation of Changes in Work Culture of India Post with Special Reference to Project Arrow
The importance of India post lies in the fact that post is a primary means of communication for a large part of Indian population as well as an essential part of India’s infrastructure but very little attention has been...
Impacts of Training, Promotion, and Placement on Employee Performance and Satisfaction
study aimed to investigate the impacts of training, job promotion, and employee placement to the performance and satisfaction of employees in the Ternate and Tidore City Secretariats located in North Maluku Province, Ind...
Challenges and Opportunities in Indian Banking Sector
India is the largest economy in the world having more than 120 crore population. The economic reforms initiated by the Government of India about two decades ago have changed the landscape of several sectors of the Indian...
Stock Price Reactions to M&A
Mergers and Acquisitions form a very important and vital activity for the expansion of companies and various articles and research has been undertaken in the area. Thisresearch examines if there are shortterm impact on t...
An Overview of GST
The main objectives of this paper are to know the possibility to decrease in tax cost for business and cost of production, fiscal deficit and their impact on GDP of India, trace out the advantages of GST along with the s...