Showing 1 - 10 of 18
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
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
In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs...
Persistent link: https://www.econbiz.de/10009323303
We provide an empirical analysis of host country determinants of Chinese outward FDI for the period 2003 to 2008, using data disaggregated by country and industry. We want to assess the relevance of market-seeking, resource-seeking and strategic asset seeking motivations suggested by the theory...
Persistent link: https://www.econbiz.de/10009391727
We use Belgian manufacturing firm-level data over the period 1996- 2007 to analyze the impact of imports from different origins on firm growth, exit, and skill upgrading. For this purpose we use both industry-level and firm-level imports by country of origin and distinguish between firm-level...
Persistent link: https://www.econbiz.de/10009643555
refund of the domestic VAT paid on their inputs. This paper investigates how changes in the VAT rebates affect export … performance in China. Our empirical analysis relies on export volume data at the HS6 product level over the 2003-12 period. To … percentage point increase in the VAT rebate can lead to a 7% increase in export volumes. This magnitude allows to better …
Persistent link: https://www.econbiz.de/10010812470
heterogenous firm model in which firms are allowed to export their products and to use imported intermediate inputs. The model …
Persistent link: https://www.econbiz.de/10010757634
East Asian economies have been heavily dependent on the U.S. and EU markets, especially for the export of final goods … of the East Asian economies which have adopted an export-led growth strategy. Such vulnerability needs to be addressed to …
Persistent link: https://www.econbiz.de/10008564653