Measuring the Market Power of China's Medical Product Exports
During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporte...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Frontiers Media S.A.
2022-03-01
|
| Series: | Frontiers in Public Health |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fpubh.2022.875104/full |
| _version_ | 1818393561807192064 |
|---|---|
| author | Wanshan Wu Hao Zhang Leping Huang Lijun Wang |
| author_facet | Wanshan Wu Hao Zhang Leping Huang Lijun Wang |
| author_sort | Wanshan Wu |
| collection | DOAJ |
| description | During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporter of medical products. Therefore, studying China's market power in medical product exports has important practical significance for determining China's value chain position in the global market and then proposing policies and measures to enhance China's market power. The findings of this paper, utilizing HS 6-digit data from 1992 to 2020, illustrate that China's market power is only in limited medical product export markets. Accordingly, we propose countermeasures to enhance the market power of China's medical product exports. |
| first_indexed | 2024-12-14T05:47:16Z |
| format | Article |
| id | doaj.art-49b844d6480a441988c0c3ab3b24dffd |
| institution | Directory Open Access Journal |
| issn | 2296-2565 |
| language | English |
| last_indexed | 2024-12-14T05:47:16Z |
| publishDate | 2022-03-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Public Health |
| spelling | doaj.art-49b844d6480a441988c0c3ab3b24dffd2022-12-21T23:14:49ZengFrontiers Media S.A.Frontiers in Public Health2296-25652022-03-011010.3389/fpubh.2022.875104875104Measuring the Market Power of China's Medical Product ExportsWanshan Wu0Hao Zhang1Leping Huang2Lijun Wang3School of Economics, Zhejiang University of Technology, Hangzhou, ChinaSchool of Economics, Zhejiang University of Technology, Hangzhou, ChinaSchool of Foreign Languages, Shenzhen University, Shenzhen, ChinaSchool of Economics, Zhejiang University of Technology, Hangzhou, ChinaDuring the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporter of medical products. Therefore, studying China's market power in medical product exports has important practical significance for determining China's value chain position in the global market and then proposing policies and measures to enhance China's market power. The findings of this paper, utilizing HS 6-digit data from 1992 to 2020, illustrate that China's market power is only in limited medical product export markets. Accordingly, we propose countermeasures to enhance the market power of China's medical product exports.https://www.frontiersin.org/articles/10.3389/fpubh.2022.875104/fullmarket powermedical productsChinaCOVID-19pandemic |
| spellingShingle | Wanshan Wu Hao Zhang Leping Huang Lijun Wang Measuring the Market Power of China's Medical Product Exports Frontiers in Public Health market power medical products China COVID-19 pandemic |
| title | Measuring the Market Power of China's Medical Product Exports |
| title_full | Measuring the Market Power of China's Medical Product Exports |
| title_fullStr | Measuring the Market Power of China's Medical Product Exports |
| title_full_unstemmed | Measuring the Market Power of China's Medical Product Exports |
| title_short | Measuring the Market Power of China's Medical Product Exports |
| title_sort | measuring the market power of china s medical product exports |
| topic | market power medical products China COVID-19 pandemic |
| url | https://www.frontiersin.org/articles/10.3389/fpubh.2022.875104/full |
| work_keys_str_mv | AT wanshanwu measuringthemarketpowerofchinasmedicalproductexports AT haozhang measuringthemarketpowerofchinasmedicalproductexports AT lepinghuang measuringthemarketpowerofchinasmedicalproductexports AT lijunwang measuringthemarketpowerofchinasmedicalproductexports |