Showing 1 - 10 of 23
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
This paper documents an unusual and possibly significant phenomenon: the export of skills embodied in goods, services …
Persistent link: https://www.econbiz.de/10004976716
Until recently, the World Trade Organization (WTO) has been an eff ective framework for cooperation because it has continually adapted to changing economic realities. Th e current Doha Agenda is an aberration because it does not refl ect one of the biggest shifts in the international economic...
Persistent link: https://www.econbiz.de/10009371323
While exports of clothing from Africa to the United States responded impressively to the preferences they were granted under the African Growth and Opportunity Act (AGOA), this performance was not accompanied by some of the more dynamic benefi ts that might have been hoped for. Benefi ciary...
Persistent link: https://www.econbiz.de/10011220575
This paper estimates the impact of China’s exchange rate changes on exports of competitor countries in third markets, known as the “spillover effect.” Recent theory is used to develop an identification strategy in which competition between China and its developing country competitors in...
Persistent link: https://www.econbiz.de/10010534879
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