Showing 1 - 10 of 426
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10014080051
This paper examines stock market integration between the ASEAN five and the US and China, respectively, over the period … analysis is carried out for the weekly series to study the impact of the 2007-8 global financial crisis and the 2015 China … exhibit long memory. There is cointegration between the ASEAN five and the US but almost none between the former and China …
Persistent link: https://www.econbiz.de/10012891049
In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
Persistent link: https://www.econbiz.de/10012826003
For a long time, China's impressive growth performance has been driven by investment and high productivity gains. Based … on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the … sustainability of China's investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant …
Persistent link: https://www.econbiz.de/10012866404
This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new...
Persistent link: https://www.econbiz.de/10012859984
of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 …
Persistent link: https://www.econbiz.de/10012837986
China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China …-19 deaths in the main trading partners of a country (excluding China) induces more imports from China, partially … are evaluated at their 2020 mean is, on average, a reduction of nearly 10% in imports from China. There is also …
Persistent link: https://www.econbiz.de/10013224091
We find that Republican candidates lost support in the 2018 congressional election in counties more exposed to trade retaliation, but saw no commensurate electoral gains from US tariff protection. The electoral losses were driven by retaliatory tariffs on agricultural products, and were only...
Persistent link: https://www.econbiz.de/10013315251
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries’ trade with China and Russia increases under US trade … countries. Trade of targets of US sanctions with China declines even more than trade with the US. These general patterns are …
Persistent link: https://www.econbiz.de/10014241320
1950 and 1957, the Soviet Union supported the “156 Projects” in China for building technologically advanced industrial …
Persistent link: https://www.econbiz.de/10013306848