Theoretical And Empirical Analyses On Main Influencing Factors Of Export Performances:evidence From China And The Usa

In the first decade of 21st century, we have experienced a lot of trouble and disaster, such as the earthquake and the U.S. subprime mortgage crisis. As a result, the economy of most countries in the world has gone to a long term recession. It is recovering recently, but very slow. The current global political situation is relatively stable, but the economic situation is serious. Commercial war may exist domestically as well as internationally.It is hard to evaluate the affect precisely but we use comparative advantage to show one's superiority in trade activities. Likewise, we use export performance to estimate weather the export activity is good or not. It is important to know what factors can influence the performance, since they might be the key to improve export achievements.This paper sets out the main determinants of export performances in China and the USA using time-series data for the period 1973 to 2008. Based on the findings of previous research, an innovative linear model, including four common variables as well as four dummy variables, was built to analyze the relationships between selected factors and the performances of export. In order to figure out any possible casual relationships, OLS and relative tests were applied to analyze the basic regression model. Besides, a number of comparisons of data characteristics between China and the USA as well as illustrations of the current economic and export situation were offered, which provided an important background to explain the findings. Our empirical results suggest that changes in the growth rate of GDP were closely related to changes in the performances of exports for both countries. In other words, the expansion of GDP is positively associated with the development in exports. Moreover, the domestic export stimulate policy will also lead a better performance.