Showing 1 - 10 of 24
This paper integrates two lines of research into a unified conceptual framework: trade in global value chains and embodied emissions. This allows both value added and emissions to be systematically traced at the country, sector, and bilateral levels through various production network routes. By...
Persistent link: https://www.econbiz.de/10011167317
The dual track approach to market liberalization has been widely recognized as the key to the success of the Chinese economic reform. In this paper we study the effectiveness of this strategy in economic environments where the status quo government control is incomplete. We show that in a...
Persistent link: https://www.econbiz.de/10005018070
export share and productivity gains. Productivity growth declines with the share of exports on total sales, up to a threshold …, productivity gains also arise for smaller export shares. One likely explanation of this finding is that being successful in the … export market for exporters of traditional products also requires investments in technological upgrading. These investments …
Persistent link: https://www.econbiz.de/10005357798
, China is less and less a production base for export and more and more a domestic market to be captured, as shown by their …
Persistent link: https://www.econbiz.de/10011235040
Since 2007 China has considerably reduced its external global imbalances. Its bilateral trade surpluses with the EU and the US have persisted because the rise of China’s import demand has mainly benefited its Asian neighbors and the resource rich countries. The rapid growth of China’s...
Persistent link: https://www.econbiz.de/10010604048
The global crisis is forcing China’s economy to become less dependent on foreign markets. Manufacturing industry has to adjust to changes in international demand. Foreign affiliates’ processed exports are vulnerable to the slow-down of Western demand, while Chinese exporting firms are better...
Persistent link: https://www.econbiz.de/10008861801
We study how the 2004 reform of minimum wage rules in China has affected the survival, average wage, employment and productivity of local firms. To identify the causal effect of minimum wage growth, we use firm-level data for more than 160,000 manufacturing firms active in 2003 and complement...
Persistent link: https://www.econbiz.de/10010902178
level (HS 6 digit) data over the period 2002-12 covering both export tax and export VAT rebate. It aims to uncover the …
Persistent link: https://www.econbiz.de/10011265480
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10010535633
This paper studies the performance of China’s exports during the 2008—2009 financial crisis. It focuses on the speed at which China’s exports were hit by this downturn. Product-country monthly exports data is utilized. It is found that GDP growth rates of importing countries play an...
Persistent link: https://www.econbiz.de/10009320783