2012International Business ResearchRequires access

A Study on Factors and Strategies for the Development of Transportation Services Trade in Zhejiang Province

Wang Yu-hu

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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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What this paper is about

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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Available 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.

Key concepts: Business, Port (circuit theory), Trade in services, International trade, Goods and services, Trade barrier, Economics, Economy

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