Showing 1 - 10 of 129
We study how the employment effects of enterprise zones vary with their location, implementation, and administration, based on evidence from California. We use new establishment-level data and geographic mapping methods, coupled with a survey of enterprise zone administrators. Overall, the...
Persistent link: https://www.econbiz.de/10012463443
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10012457900
This paper investigates the institutional causes of China's Great Famine. It presents two empirical findings: 1) in …
Persistent link: https://www.econbiz.de/10012462295
political rent seeking is substantial, firm value might rise as economy performance decays. China offers a suitable background …
Persistent link: https://www.econbiz.de/10012463999
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
) can be affected by the movements in the center economies - the U.S., Japan, the Eurozone, and China. We apply a two …
Persistent link: https://www.econbiz.de/10012457538
cross-provincial variation in institutional quality in China, and export data that distinguishes between foreign and …
Persistent link: https://www.econbiz.de/10012460929
This paper makes two methodological contributions. First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC...
Persistent link: https://www.econbiz.de/10012455459
We combine data on trade, production, and input use to document changes in the value added content of trade between 1970 and 2009. The ratio of value-added to gross exports fell by roughly 10 percentage points worldwide. The ratio declined 20 percentage points in manufacturing, but rose in...
Persistent link: https://www.econbiz.de/10012455706
We combine data on trade, production, and input use to compute the value added content of trade for forty-two countries from 1970 to 2009. For the world, the ratio of value added to gross trade falls by ten to fifteen percentage points, with two-thirds of this decline in the last two decades....
Persistent link: https://www.econbiz.de/10012460474