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In recent years, manufacturing servitisation has become a growing characteristic of global firms. Firms develop their service factors, to realise more values and increase their international competitiveness. China, as an important manufacturing centre of the world, has abundant manufacturers seeking for getting more involved in the international market. This paper makes use of detailed customs data...
The elimination of the Multifibre Arrangement (MFA) in 2005 provides an unusual opportunity to examine the effects of a trade policy shock on export prices and firm behaviour. It was massive in scale, discrete in timing and exogenous to firms and consumers in the textile industry. Since the MFA quota removal did not affect all textile products at the same time, we are able to use a difference‐in‐difference...
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