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Given the rapidly growing reserves in Asia (China, Japan, Korea, Taiwan) and the pressures from trading partners to …, and that changes in trade flows can be substantial. Different treatments of China's processing trade have small impact on … changes in China's trade flow under RMB appreciation, but significant impacts on the change in the surplus. Results are …
Persistent link: https://www.econbiz.de/10012465061
Although many modern studies find large and significant effects of prior colonial status on bilateral trade, there is very little empirical research that has focused on the contemporaneous impact of empire on trade. We employ a new database of over 21,000 bilateral trade observations during the...
Persistent link: https://www.econbiz.de/10012464882
We apply a modified 'gravity model' incorporating measures of factor endowments to analyze Japanese and U.S. bilateral trade flows and direct foreign investment positions with a sample of around 100 countries for the period 1985-1990. Country features that our analysis takes into account are...
Persistent link: https://www.econbiz.de/10012473842
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This paper assesses the place of active trade policy in U.S. industrial change.The growing role of imperfectly competitive multinational corporations provides new arguments for more active U.S. trade policy, as does an increased social consensus that governments should insure what markets do...
Persistent link: https://www.econbiz.de/10012477869
The First Opium War (1840-42) was a watershed in the history of China. In its aftermath Britain and other countries …-organized under Western management, Western legal institutions were introduced in China in form of courts and legal practices, and … foreigners in China were tried according to the laws of their country of origin (extraterritoriality). To better understand the …
Persistent link: https://www.econbiz.de/10012481413
has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a …
Persistent link: https://www.econbiz.de/10012463931
Persistent link: https://www.econbiz.de/10003829297