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By the end of 1991, Czechoslovakia, Hungary and Poland have achieved a substantial degree of openness to foreign trade. In all three countries, trade is now de-monopolized and licensing and quotas playa very small role. Exchange controls have virtually disappeared for current-account...
Persistent link: https://www.econbiz.de/10012474915
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...
Persistent link: https://www.econbiz.de/10012463774
Persistent link: https://www.econbiz.de/10003829297
China. First, China has a comparative advantage in this technology. It is substantially more likely to export surveillance … democracies are more likely to import surveillance AI from China. This bias is not observed in AI imports from the US or in … imports of other frontier technologies from China. Third, autocracies and weak democracies are especially more likely to …
Persistent link: https://www.econbiz.de/10014372433
In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong … distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are … higher for differentiated products, products with higher variance in export prices, products sent to China for further …
Persistent link: https://www.econbiz.de/10012470641
China's trade has three features: high incidence of re-exports through Hong Kong, high degree of trade related to ….S. data and accounting for re-exports, the U.S.-China trade balance has to be lowered by 35 percent. Foreign investments in … China accounted for 45 percent of China's exports. Foreign investments include foreign direct investment (FDI) and foreign …
Persistent link: https://www.econbiz.de/10012473253
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
This paper studies the exporting decision of Chinese manufacturing firms. The economic framework stresses the dynamic decision by both state controlled and private entities to export in a model with labor adjustment costs. In this complex environment, a simple decision rule whereby export status...
Persistent link: https://www.econbiz.de/10012482507
census of China's exports. Intermediaries account for around 20% of China's exports in 2005. This implies that many firms …
Persistent link: https://www.econbiz.de/10012462946
Chinese imports and exports grew rapidly during the first three decades of the twentieth century as China opened up to … for unskilled workers producing these goods in China. When the war ended, trade costs declined, leading to a rise in China …'s terms of trade and further growth in China's export sector. Difference-in-differences regression estimates show that World …
Persistent link: https://www.econbiz.de/10012462973