rapidly developing financial system. Specifically, we exam whether the central bank's monetary policy stance affects banks … the existence of a bank lending channel in Russia. Contrary to several studies on developed economies, the level of a bank …

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 …

This paper shows empirically that China’s trade balance is sensitive to fluctuations in the real effective exchange … other Southeast Asian countries which fall. This result reflects the vertical integration of Southeast Asia with China … through the 'Asian production network'. We find, in turn, that imports from Germany – which serve China’s domestic demand …

This paper analyzes dynamic changes of China's intra-industry trade with its major trading partners, Japan and the US … empirical results show that, while shares of China's intra-industry trade with both Japan and U.S rose substantially, its intra … indicates that Japanese direct investment in China performed a significant role in enhancing intra-industry trade between Japan …

China and ASEAN-4 (Indonesia, Malaysia, the Philippines and Thailand). The empirical results generally support the …

between China and its top trading partners. The empirical evidence suggests exchange rates (both real and nominal) do not … exert a significant influence on the overall exports from China. Thus, a devaluation or revaluation of the yuan should be … expected to have only limited impact on China’s trade balance. Moreover, previous studies provide limited evidence of a …

This paper contributes to the debate on the effect of capital requirements on bank efficiency. We study the relation … between capital ratio and bank efficiency for Chinese banks over the period 2004-2009, taking advantage of the profound … size of which depends to an extent on the bank’s ownership type. Our results therefore suggest that capital requirements …

This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … panel estimator framework to evaluate the sign and direction of causality between them. We observe no increase in bank … efficiency. This suggests that measures to increase bank competition in the Chinese context are not detrimental to efficiency. …

syndicated loans to corporate borrowers in China. In line with theoretical literature, ownership concentration of the borrowing … foreign banks relative to local banks in China. Moreover, it appears that increased financial leverage discourages foreign … bank participation, suggesting that domestic banks are less cautious in their risk management. …