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Assessing the import demand of wooden furniture in the United States and its impact on the furniture industry

Posted on:2010-11-03Degree:M.SType:Thesis
University:Mississippi State UniversityCandidate:Wan, YangFull Text:PDF
GTID:2441390002470488Subject:Agriculture
Abstract/Summary:
The U.S. furniture industry has faced the challenge from increasing imports of furniture over the last decades. In the first part of this thesis, the import pattern of wooden bedroom furniture and the antidumping investigation against China were summarized, and furthermore, intervention analysis was employed to assess its impacts on the import value and unit price. The results revealed that the impact on import values was temporary but there was no significant impact on unit prices. The traditional suppliers have been substituted by the developing countries such as China and Vietnam. In the second part of this thesis, to explain the market structure change, a dynamic AIDS model was used to analyze consumer behavior and evaluate the impacts of antidumping investigation on the major competitors. The results indicated that most imported wooden bedroom furniture can be substituted between suppliers and trade diversion occurred from China to Vietnam, Indonesia, and Brazil.;Key words: Almost Ideal Demand System (AIDS), antidumping investigation, ARIMA, Engle-Granger cointegration, intervention analysis, wooden bedroom furniture...
Keywords/Search Tags:Furniture, Import, Wooden, Antidumping investigation, Impact
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