Showing 1 - 10 of 26
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
In Korea, trade with Japan has had a deficit since the normalization of Japan-Korea diplomatic relations in 1965. Korea’s trade balance with Japan has remained in deficit since then, although Korean companies have become bigger compared to Japanese companies. My hypothesis is that the...
Persistent link: https://www.econbiz.de/10011134412
In analyzing the relationship between factor endowments and sectoral percapita output (the path of development), Schott (2003) showed empirically that the number of cones was neither one nor three but two, and that all countries fall into one of these two cones. This is a puzzle because it is...
Persistent link: https://www.econbiz.de/10005357172
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
foreign, but it may discourage a country from becoming an export platform. …
Persistent link: https://www.econbiz.de/10009365994