Showing 1 - 10 of 49
This paper presents a general equilibrium approach to calculating labour adjustment costs induced by trade policy changes or external sector shocks, which we illustrate by analyzing the adjustment consequences of eliminating quotas and tariffs on U.S. imports. In our approach, factor adjustments...
Persistent link: https://www.econbiz.de/10012474306
Large population / rapidly growing economies such as China and India have argued that in the upcoming UNFCCC …
Persistent link: https://www.econbiz.de/10012463280
This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...
Persistent link: https://www.econbiz.de/10012463767
The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …
Persistent link: https://www.econbiz.de/10012457742
In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …
Persistent link: https://www.econbiz.de/10012457765
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade …, export and import are positive. Comparatively China-TPP and RCEP will yield the highest welfare outcomes for the US in our …
Persistent link: https://www.econbiz.de/10012458242
other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …. Simulation results reveal that China will be hurt by TPP initiatives, but the negative effects are relatively small given the …
Persistent link: https://www.econbiz.de/10012460569
Popular literature suggests a rapid narrowing of the technology gap between China and the U.S. based on large … (especially in sciences) in China in recent years. Little literature attempts to measure the technology gap directly using … the later reflect both differing factor endowments and technology parameters. This paper assesses changes in China …
Persistent link: https://www.econbiz.de/10012457012
and industrial classification for the US. These comparisons clearly point in the direction of China having sharply lower …
Persistent link: https://www.econbiz.de/10012458765
We explore the implications of trade liberalization in economies with State Owned enterprises (SOEs) and shirking. SOEs are modelled as controlled by the members of the enterprise who determine output and effort levels, while facing output prices and wage rates set by government. Enterprise...
Persistent link: https://www.econbiz.de/10012471065