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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
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
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate …
Persistent link: https://www.econbiz.de/10013361989
This paper demonstrates that an estimated, structural, small open economy model of the Canadian economy cannot account for the substantial influence of foreign-sourced disturbances identified in numerous reduced-form studies. The benchmark model assumes uncorrelated shocks across countries and...
Persistent link: https://www.econbiz.de/10012464100
declines the most experience more severe employment losses along with larger increases in the value of imports from China and … the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the …
Persistent link: https://www.econbiz.de/10012460005
In the wake of the Great Depression, the Canadian government embarked on a stunning reversal in its commercial policy. A key element of its response was the promotion of intra-imperial trade at the Imperial Economic Conference of 1932. This paper addresses whether or not Canadian trade was able...
Persistent link: https://www.econbiz.de/10012461415
We study the aggregate effects of supply-chain disruptions in the post-pandemic period in a heterogeneous-firm, general equilibrium model with input-output linkages and a rich set of supply chain frictions: uncertain shipping delays, fixed order costs, and storage costs. Firms optimally hold...
Persistent link: https://www.econbiz.de/10013537743
We use the 2018-2019 U.S. trade war to examine how supply chains adjustments to a tariff cost shock affect imports and exports. Using confidential firm-trade linked data, we show that the decline in imports of tariffed goods was driven by discontinuations of U.S. buyer-foreign supplier...
Persistent link: https://www.econbiz.de/10014337835
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyze the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014287339