Showing 1 - 10 of 61
using a natural experiment in India as well as data from China, Indonesia, the Philippines, South Africa, and Kenya …
Persistent link: https://www.econbiz.de/10012510577
examine this in the context of China and India - two large, rapidly-growing developing economies. Using theory, we develop a … in China and 15 percentage points in India. This impact has fallen over time in both countries as firm concentration in …
Persistent link: https://www.econbiz.de/10012479611
The 'China shock' operated in part through the housing market, and that is an important reason why the China shock was … as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … China shock would have been reduced by more than one-half. Housing prices in the United States did respond to the China …
Persistent link: https://www.econbiz.de/10012480375
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470
Since the 1990s, China's real estate market has experienced a dramatic and long-lasting boom across China. This boom … into a gigantic housing bubble, which might eventually burst and damage China's financial system and economy. Motivated by … this concern, this paper reviews the historical development of China's real estate market, describes the real estate boom …
Persistent link: https://www.econbiz.de/10012480948
China's real estate has been a key engine of its sustained economic expansion. This paper argues, however, that even …
Persistent link: https://www.econbiz.de/10012481245
reversing with the onset of the U.S.-China trade war. Second, we use international tax policy changes as a U.S. housing demand …
Persistent link: https://www.econbiz.de/10012481565
Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and …
Persistent link: https://www.econbiz.de/10012481813
This paper uses a dynamic competitive spatial equilibrium framework to evaluate the contribution of rural-urban migration induced by structural transformation to the behavior of Chinese housing markets. In the model, technological progress drives workers facing heterogeneous mobility costs to...
Persistent link: https://www.econbiz.de/10012482233
Because of large and rapid growing export volumes and its formal status as a non-market economy; China has been the … are against China; India, in turn, is the largest source of initiation against China by number of actions. Here we explore … empirically. We use industrial panel data on all Chinese firms in the industry, foreign firms operating within China and state …
Persistent link: https://www.econbiz.de/10012462211