The Researching Of Concentration Ration Of Industry As Well As Export Tax Rebates Effect On Pricing To Market Of Export Prices

Since the global financial crisis in2008, the world economy was in the differentlevels of recession.the typical "export-oriented" economic development model of thecoastal city suffered serious impact.In response to the financial crisis, countriescontinuously raised the export tax rebate rate of multiple categories.export tax rebatesreduced the enterprise’s export costs to a great extent and increased enterprise’s profitspace, changed the price strategy of enterprises to export.under this background,researching the relationship between the market pricing behavior (PTM) and the exporttax rebate is particularly important.What does the global financial crisis have an effect on PTM? The influencedegree of the financial crisis on different export industries are the same? Whether doesraising the export tax rebate have an effect on PTM? Based on this, firstly, this paperinvestigates the influence of the financial crisis to pricing to market (PTM) of exportindustry. Further, we investigates the influence of the export tax rebate to pricing tomarket (PTM) of export industry.Further, if the export tax rebate produce important influence to the PTM of theindustry, what effect the change of export tax rebates produce to PTM? What is therelationship between PTM and export tax rebates? On the other hand, What effect theindustry’s characteristics (such as the concentration of export industries, etc.) as theindustry’s endogenous factors influence on PTM? What is the relationship betweenPTM and export industry concentration? Using the more recently developed panelthreshold regression models, this paper investigates this nonlinear relationship betweenPricing to market (PTM) of export prices on industry level and concentration ration ofindustry and nonlinear relationship between Pricing to market (PTM) of export priceson industry level and export tax rebates under two different economic backgrounds.Firstly, This paper investigates the influence of export tax rebate to pricing tomarket (PTM) of export industry under different economic backgrounds. The resultsindicate the following points. At first, the export tax rebates have no effect on PTMbefore the crisis though the export tax rebates have an important effect on PTM after thecrisis. Secondly, the influence degree of the export tax rebates to different industry isdifferent and the influence degree of the export tax rebates to labor-intensive industry isbigger than technology intensive industries after the crisis. So labor-intensive industryneed more export tax refund in order to maintain market share abroad. Moreover, there are significant disparities in the ERPT effects and PTM behaviors across industries. Inthe end, PTM of different industries after the crisis is bigger than PTM before the crisis.The fluctuation range of PTM on different industries is different. PTM oflabor-intensive industry have significant change while PTM of technology intensiveindustries have small change.Secondly, Using the more recently developed panel threshold regression models,this paper investigates this nonlinear relationship between Pricing to market (PTM) ofexport prices on industry level and concentration ration of industry and nonlinearrelationship between Pricing to market (PTM) of export prices on industry level andexport tax rebates under two different economic backgrounds. The results of the studyinclude the following four points. At first, PTM which is before financial crisis isdifferent from PTM which is after financial crisis. Secondly, in terms of industryconcentration, industry concentration always exercises a great influence on PTM underdifferent economic backgrounds, and there is a nonlinear relationship between PTM andindustry concentration under different economic backgrounds. Thirdly, In terms ofexport tax rebates, there is neither linear nor nonlinear relationship between PTM andexport tax rebates before financial crisis while export tax refund has significant effectson PTM after financial crisis. There is a threshold effect between PTM and export taxrefund after financial crisis. Finally, Compared with the export tax rebate, industryconcentration has more significant effect on PTM. In the end, this paper points out thepolicy implications of this conclusion.