Showing 1 - 10 of 77
significantly and persistently positive after 2002, when China entered WTO. The effect of the current return for Shanghai on New … global financial crisis, but reaches the level of about 0.4 to 0.5 in 2010 for both markets. Our results show that China …
Persistent link: https://www.econbiz.de/10009251251
In this paper we utilise a large and reasonably detailed dataset to show that a greater level of democracy in a country's political institutions can alleviate the widely known resource curse. Raw material abundance affects per capita growth negatively, an effect that seems to work through...
Persistent link: https://www.econbiz.de/10005419595
on improvement of public sector governance to support and promote macroeconomic reforms and formation of a healthy …
Persistent link: https://www.econbiz.de/10005190681
institutional framework. We analyze the interaction between aggregate efficiency, corruption, and other dimensions of governance for … of governance, we observe that corruption is consistently detrimental in countries where institutions are effective, but …
Persistent link: https://www.econbiz.de/10005648639
We employ a wavelet spectrum analysis to study globalization and business cycles in China and G7 countries. The co …-movement synchronization between G7 countries and China is shown to have undergone frequent and large changes during our sample period. The co …-movements for business cycle frequencies are generally different from those for other frequencies, and synchronization with China …
Persistent link: https://www.econbiz.de/10011191519
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10005419581
There have been profound changes in both political and economic institutions in China over the last twenty years …
Persistent link: https://www.econbiz.de/10005419585
two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years …
Persistent link: https://www.econbiz.de/10005419590
We present a new composite leading indicator of economic activity in mainland China, es-timated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005419594
features of China's extensive processing trade cause both the identification of imported intermediate goods, and their … intermediate goods imported into China. Vertical specialization is then estimated using two methods. The first method uses the … strong evidence of an Asian network of intermediate suppliers to China, and the two methods provide a range of estimates for …
Persistent link: https://www.econbiz.de/10005419600