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Record W2393976376

Sunk Cost and the Lag of China's Processing Chain in International Transfer

2012· article· en· W2393976376 on OpenAlexvenueno aff
Zhe Zhai

Bibliographic record

VenueInternational Business Research · 2012
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicGlobal trade and economics
Canadian institutionsnot available
Fundersnot available
KeywordsSunk costsMultinational corporationChinaEconomicsTransfer pricingIndustrial organizationOpportunity costMicroeconomicsBusinessFinance
DOInot available

Abstract

fetched live from OpenAlex

Multinational corporations pay a certain cost of entry to enter the international market.These costs are often sunk.Neoclassical economics does not consider sunk cost in decision-making,but in the real economy,sunk cost continues to affect business decision significantly,especially strategic shift.In recent years,with the rise of China's labor cost and exchange rate,the international transfer of China's processing part has aroused widespread concern of scholars both at home and abroad.On the basis of the concept of sunk cost,this article uses modeling and empirical analysis to show that the existance of sunk cost is the reason why the multinational corporations' decision does not make a timely response to exogenous volatility,and the sunk cost finally leads to the lag of China's processing chain in international transfer.This artical also explains the reason why China's trade processing continues to grow.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.004
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.012
Threshold uncertainty score0.028

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.004
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.001
Scholarly communication0.0020.004
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0080.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.123
GPT teacher head0.322
Teacher spread0.199 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2012
Admission routes1
Has abstractyes

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