Narrow search
Showing 1 - 10 of 153
Cover Image
Connective Financing - Chinese Infrastructure Projects and the Diffusion of Economic Activity in Developing Countries
Bluhm, Richard - 2020
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity. Leveraging a new global dataset of geo-located Chinese government-financed projects over the period from 2000 to 2014 together with measures of spatial inequality based on...
Persistent link: https://www.econbiz.de/10012831662
Cover Image
A microfounded sectoral model for open economies
Plasmans, Joseph; Fornero, Jorge; Michalak, Tomasz - 2007
In this paper we derive a microfounded macro New Keynesian model for open economies, be them large or small. We consider habit formation in consumption, sectoral linkages for tradable and non-tradable goods, capital stock investments with variable capital utilization, domestic and foreign...
Persistent link: https://www.econbiz.de/10010264172
Cover Image
Implausible Large Differences in the Sizes of Underground Economies in Highly Developed European Countries? A Comparison of Different Estimation Methods
Schneider, Friedrich - 2017
In this paper, first, the MIMIC estimation method is described and criticized and due to a double counting problem a correction is suggested. Second, the measurement methods used for National Accounts Statistics – the discrepancy method and two new micro survey methods – are described and a...
Persistent link: https://www.econbiz.de/10011698689
Cover Image
Do Different Estimation Methods Lead to Implausible Differences in the Size of the Non-Observed or Shadow Economies? A Preliminary Answer
Schneider, Friedrich - 2021
In this paper, first, six micro (4) and macro (2) estimation approaches are briefly described; they are the National Accounts Statistics discrepancy method and two new micro survey methods, a third one using a combination of company manager surveys and their knowledge to calibrate the size of the...
Persistent link: https://www.econbiz.de/10012799734
Cover Image
A Microfounded Sectoral Model for Open Economies
Plasmans, Joseph; Fornero, Jorge; Michalak, Tomasz - 2021
In this paper we derive a microfounded macro New Keynesian model for open economies, be they large or small. We consider habit formation in consumption, sectoral linkages for tradable and non-tradable goods, capital stock investments with variable capital utilization, domestic and foreign...
Persistent link: https://www.econbiz.de/10013317027
Cover Image
Aid on Demand: African Leaders and the Geography of China's Foreign Assistance
Dreher, Axel; Fuchs, Andreas; Hodler, Roland; Parks, … - 2015
This article investigates whether China’s foreign aid is particularly prone to political capture by political leaders of aid-receiving countries. Specifically, we examine whether more Chinese aid is allocated to the political leaders’ birth regions and regions populated by the ethnic group...
Persistent link: https://www.econbiz.de/10011307096
Cover Image
Is Favoritism a Threat to Chinese Aid Effectiveness? A Subnational Analysis of Chinese Development Projects
Dreher, Axel; Fuchs, Andreas; Hodler, Roland; Parks, … - 2019
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012052845
Cover Image
Globalization and State Capitalism: Assessing Vietnam's Accession to the WTO
Baccini, Leonardo; Impullitti, Giammario; Malesky, Edmund J. - 2017
efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms … characterizing SOEs operations in a model of trade with firm heterogeneity and show that they can hinder the selection effects of … openness and tame the aggregate productivity gains from trade. We empirically test these predictions analyzing the response of …
Persistent link: https://www.econbiz.de/10011744924
Cover Image
Can Aid Buy Foreign Public Support? Evidence from Chinese Development Finance
Wellner, Lukas; Dreher, Axel; Fuchs, Andreas; Parks, … - 2022
Bilateral donors use foreign aid to pursue soft power. We test the effectiveness of aid in reaching this goal by leveraging a new dataset on the precise commitment, implementation, and completion dates of Chinese development projects. We use data from the Gallup World Poll for 126 countries over...
Persistent link: https://www.econbiz.de/10013266611
Cover Image
Chinese Aid and Democratic Values in Latin America
Freytag, Andreas; Kautz, Miriam - 2022
International economic engagement has been increasingly framed in terms of liberal democratic values. Specifically, Chinese aid has been at the center of this debate. Since Chinese aid comes with "no strings attached," a popular narrative is that Chinese aid poses a challenge to conditional aid,...
Persistent link: https://www.econbiz.de/10013353427