A Study on Factors and Strategies for the Development of Transportation Services Trade in Zhejiang Province
Wang Yu-hu
Abstract
Wang Yu-hu
Abstract
Using the principal component regression method,the paper makes an empirical study on influencing factors of Zhejiang's transportation services trade.The conclusions indicate that the international competitiveness of Zhejiang' s transportation services trade has improved year by year,but is still very weak;trade in goods,coastal port cargo throughput,the output value and employees of transportation industry are main factors influencing the international competitiveness of Zhejiang' s transportation services trade.Based on the analyses,some countermeasures are put forward to promote Zhejiang' s transportation services trade.
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Using the principal component regression method,the paper makes an empirical study on influencing factors of Zhejiang's transportation services trade.The conclusions indicate that the international competitiveness of Zhejiang' s transportation services trade has improved year by year,but is still very weak;trade in goods,coastal port cargo throughput,the output value and employees of transportation industry are main factors influencing the international competitiveness of Zhejiang' s transportation services trade.Based on the analyses,some countermeasures are put forward to promote Zhejiang' s transportation services trade.
Key concepts: Business, Port (circuit theory), Trade in services, International trade, Goods and services, Trade barrier, Economics, Economy