Technical Innovations and Demand–Supply Models of the Taiwanese Tea Industry After Joining WTO

Tain-fung Wu and Chih-lan Kao ()
Additional contact information
Tain-fung Wu: Asia University
Chih-lan Kao: Asia University

Chapter Chapter 30 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 281-291 from Springer

Abstract: Abstract Having joined WTO, the tea industry in Taiwan faced international competition, and it resulted in the transformation of production technology and quality upgrading. In this paper, we aimed to examine how technical innovations drive industry transformation and upgrading in Taiwan’s tea industry, and using an econometric model (3SLS) to analyze the effects of different economic variables on import and export of the Taiwanese tea. Data sourced from overall statistical database of DGBAS 1990–2011. The research found that “Whether Taiwan to join the WTO or not” had a positive correlation with “the difference between import and export of Taiwanese tea”. The study showed that on the supply side, Taiwanese tea industry had competitive advantage with high-quality technology in an international market; on the demand side, the domestic market was expanded due to the successful upgrading of tea technology; on the marketing side, those branded Taiwanese tea drove the upgrading of Taiwanese tea.

Keywords: Demand–supply models; 3SLS; Taiwanese tea; Technical innovations (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38427-1_30

Ordering information: This item can be ordered from
http://www.springer.com/9783642384271

DOI: 10.1007/978-3-642-38427-1_30

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().