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 fell, but since 2003 they have increased both absolutely and relative to US …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … and sheds light on the effects of productivity growth. On the basis of a Geometric Brownian motion, three different … productivity scenarios are considered (no growth, deterministic growth, uncertain growth) and opposed to each other. The …

Germany’s export market share increased since 2000, while most industrial countries experienced declines. This study …-shoring). An export model is estimated covering the period 1993–2005. The dominant factor explaining the increase in market share … are trade relationships with fast growing countries. Regionalized production in the export sector also played a part …

exogenous to firms’ export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 … percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative specifications …

, those with intermediate productivity will export, and those with higher productivity will choose fragmentation. Among the … elsewhere) can be used by multinational firms which have different productivity to serve the market abroad when product chains … abroad by either horizontal or vertical FDI. Upon opening a market to trade, firms with the lowest productivity will exit …

This paper decomposes the growth of China’s export into three parts: growth in the extensive margin, increased quantity … and increased prices; we perform a series of empirical analyses using China’s export data at HS-6 digit to analyze the … characteristics of China’s export growth. From 1995 to 2010, China’s export growth was mainly driven by quantity growth with a …

endogenous, the LNG export benefit can drop by as much as 20-50% relative to the case of exogenous cost. …

value of China’s exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively … reduce China’s trade balance. The use of alternative exchange rate measures and data on different trade classifications …