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The Distortionary Effects of Incentives in Government : Evidence from China's “Death Ceiling” Program
Fisman, Raymond - 2017
We study a 2004 program designed to motivate Chinese bureaucrats to reduce accidental deaths. Each province received a set of 'death ceilings' that, if exceeded, would impede government officials' promotions. For each category of accidental deaths, we observe a sharp discontinuity in reported...
Persistent link: https://www.econbiz.de/10012455583
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The Mortality Cost of Political Connections
Fisman, Raymond - 2015
We study the relationship between the political connections of Chinese firms and workplace fatalities. In our preferred specification we find that the worker death rate for connected companies is two to three times that of unconnected firms (depending on the sample employed), a pattern that...
Persistent link: https://www.econbiz.de/10012457401
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Currency Carry Trade by Trucks : The Curious Case of China's Massive Imports from Itself
Liu, Xuepeng; Tang, Heiwai; Wang, Zhi; Wei, Shang-jin - National Bureau of Economic Research - 2022
With capital controls, the standard financial market transactions needed for currency carry trade are hard to implement. Using detailed trade data reported by both the mainland Chinese and Hong Kong's governments, we present evidence that indirect currency carry trade likely takes place via...
Persistent link: https://www.econbiz.de/10012814408
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Long-Term Effects Of The 1959-1961 China Famine : Mainland China and Hong Kong
Almond, Douglas - 2007
This paper estimates the effects of maternal malnutrition exploiting the 1959-1961 Chinese famine as a natural experiment. In the 1% sample of the 2000 Chinese Census, we find that fetal exposure to acute maternal malnutrition had compromised a range of socioeconomic outcomes, including:...
Persistent link: https://www.econbiz.de/10012465266
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Outsourcing Tariff Evasion : A New Explanation for Entrepot Trade
Fisman, Raymond - 2007
that entrepots may facilitate tariff evasion. Using data on direct exports to mainland China and indirect exports via Hong …
Persistent link: https://www.econbiz.de/10012465839
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China's New Regional Trade Agreements
Antkiewicz, Agata - 2004
This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the …
Persistent link: https://www.econbiz.de/10012467695
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The Value of Information in International Trade : Gains to Outsourcing through Hong Kong
Feenstra, Robert C. - 2002
In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary … services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides … China exported to the rest of the world. Our results suggests that gains to intermediary services provided by Hong Kong …
Persistent link: https://www.econbiz.de/10012469378
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Intermediaries in Entrepot Trade : Hong Kong Re-Exports of Chinese Goods
Hanson, Gordon H. - 2001
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
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Accounting for Chinese Trade : Some National and Regional Considerations
Fung, K.C. - 1996
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
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The Stock Connect to China
He, Zhiguo; Wang, Yuehan; Zhu, Xiaoquan - National Bureau of Economic Research - 2023
As a bridge between Chinese mainland and international financial markets, the Stock Connect program allows investors on both sides to gain mutual access. By analyzing how cross-border flows respond to macro-related shocks, we show that compared with possibly homemade foreign investors, genuine...
Persistent link: https://www.econbiz.de/10013537785