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Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later
O'Rourke, Kevin H. - 2005
In his seminal publications between the 1930s and 1960s, Frederick Lane offered three hypotheses regarding the impact of the Voyages of Discovery that have guided debate ever since. First, pepper and other spice prices did not rise in European markets in the century before the 1490s, and thus...
Persistent link: https://www.econbiz.de/10012466787
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Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals
Li, Chunding - 2014
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These include the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and various blocked deals. We use a numerical 13-country global general...
Persistent link: https://www.econbiz.de/10012458242
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How Close is Asia to Already Being A Trade Bloc?
Li, Chunding - 2014
FTA bilateral and regional negotiations in Asia have developed quickly in the past decade moving Asia ever closer to an … another. For countries in Asia there is negotiation of a China-Japan-Korea agreement, a China-India agreement, a Trans … potential full Asia integration in the form of a trade bloc. Our results reveal that these large Asia economies can be close to …
Persistent link: https://www.econbiz.de/10012458243
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Silver Points, Silver Flows, and the Measure of Chinese Financial Integration
Jacks, David S. - 2016
To what degree were Chinese financial markets integrated with the rest of the world prior to the 1949 Revolution and to what extent was the Chinese foreign exchange market efficient during this period? We estimate silver points for the Shanghai market from 1905 to 1933 to answer these questions....
Persistent link: https://www.econbiz.de/10012455933
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Market Integration and Economic Development : A Long-run Comparison
Keller, Wolfgang - 2004
How much of China's recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This paper compares the integration of rice markets in...
Persistent link: https://www.econbiz.de/10012468393
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The Chinese Economies in Global Context : The Integration Process and Its Determinants
Cheung, Yin-Wong - 2003
The linkages between the People's Republic of China (PRC) and the other Chinese economies of Hong Kong and Taiwan are assessed, and compared against those with Japan and the US. We first characterize the time series behavior of variables corresponding to three criteria of integration, namely...
Persistent link: https://www.econbiz.de/10012468647
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Exploring Spatial Price Relationships : The Case of African Swine Fever in China
Delgado, Michael S.; Ma, Meilin; Wang, H. Holly - National Bureau of Economic Research - 2021
We use a temporary ban on inter-province shipping of live hogs induced by the 2018 outbreak of African Swine Fever (ASF) in China as a natural experiment to study spatial mechanisms behind the dynamics of market integration. With a unique dataset of weekly provincial hog prices, we employ a...
Persistent link: https://www.econbiz.de/10012616589
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China's New Regional Trade Agreements
Antkiewicz, Agata - 2004
This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in negotiation or under discussion with South Africa, Chile, India,...
Persistent link: https://www.econbiz.de/10012467695
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Comparing Alternative China and US Arrangements with CPTPP
Li, Chunding - 2020
This paper builds a 29-country numerical general equilibrium model with inside money and trade cost to simulate and compare the effects of China and the US taking part in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), which is a high standard mega regional trade agreement....
Persistent link: https://www.econbiz.de/10012482057
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China's Regional and Bilateral Trade Agreements
Li, Chunding - 2014
China has been increasingly active on the regional trade agreement front over since WTO Accession occurred in 2001. These agreements, unlike the US and EU cases, follow no template form of agreement but vary substantially one among the others and are in part an attempt to customize agreements to...
Persistent link: https://www.econbiz.de/10012458811