Similar Search Results

FDI liberalization as a source of comparative advantage in China

Claro, Sebastián (contributor) - 2008

Three features of China's trade patterns suggest that elements beyond factor abundance explain its export performance. The high penetration in world markets of labourintensive products has been accompanied by: (i) a high share in exports of productivityadvanced foreign-owned enterprises (FIEs),...

Persistent link: https://www.econbiz.de/10003793555

The Trade Impact of China on EMU : is it Even Across Members?

Mikkelsen, Uffe - 2012

This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area countries. Simulations on the impact of productivity...

Persistent link: https://www.econbiz.de/10013098585

Competitiveness: A comparison of China and Mexico

Nowak-Lehmann D., Felicitas; Vollmer, Sebastian; … - 2007

Latin American countries have lost competitiveness in world markets in comparison to China over the last two decades. The main purpose of this study is to examine the causes of this development. To this end an augmented Ricardian model is estimated using panel data. The explanatory variables...

Persistent link: https://www.econbiz.de/10010291860

Substitutability and protectionism: Latin America's trade policy and imports from China and India

Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri; … - 2007

world markets. To explain higher protection in sectors where a large share is imported from these countries, we extend the … protection for sale' model to allow for different degrees of substitutability between domestically produced and imported … varieties. The extension suggests that higher levels of protection towards Chinese goods can be explained by high …

Persistent link: https://www.econbiz.de/10010264092

Cutting through the Value Chain: The Long-Run Effects of Decoupling the East from the West

Felbermayr, Gabriel J.; Mahlkow, Hendrik; Sandkamp, … - 2022

With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable general equilibrium trade model calibrated with the...

Persistent link: https://www.econbiz.de/10013266686

Exchange rate pass-through, domestic competition, and inflation: Evidence from the 2005/08 revaluation of the Renminbi

Auer, Raphael A. - 2012

This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...

Persistent link: https://www.econbiz.de/10010281451

Component trade and China's global economic integration

Li, Kunwang (contributor); Song, Ligang (contributor); … - 2008

China's engagement in the so-called international fragmentation of production - namely "cross-border dispersion of component production/assembly within vertically integrated manufacturing industries" - has become an increasingly important form of its economic integration into the regional as...

Persistent link: https://www.econbiz.de/10003793591

Trade model with an optimal exchange rate motivated by current discussion of a Chinese Renminbi float

Huang, Hui; Wang, Yi; Wang, Yiming; Whalley, John; … - 2005

We combine a model of combined inter-spatial and inter-temporal trade between countries recently – used by Huang, Whalley and Zhang (2004) to analyze the merits of trade liberalization in services when goods trade is restricted – with a model of foreign exchange rationing due to Clarete and...

Persistent link: https://www.econbiz.de/10010261196

China's Rebalancing : Opportunities and Challenges for LAC Exporters

aasaavari, nitya; Di Vittorio, Fabio; Lariau, Ana; Li, Yuebo - 2021

Asia and Latin America and the Caribbean (LAC), two regions with large growth potential, have become increasingly connected over the last 20 years. China has emerged not only as a top trading partner, but also as an important competitor of LAC exports. China's retreat from certain markets, due...

Persistent link: https://www.econbiz.de/10013252045

International economic theory and politics: world structure before, during and after the early 21st Century Crisis

Naqvi, Nadeem - Volkswirtschaftliche Fakultät, … - 2010

In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...

Persistent link: https://www.econbiz.de/10008596380