Showing 1 - 10 of 11
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, we discuss the possible determinants of a board's size. The empirical relevance of these factors is...
Persistent link: https://www.econbiz.de/10012754018
We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …'s ODI, b) the Chinese exports to developing countries induce China's ODI, c) China's international reserves promote its ODI …
Persistent link: https://www.econbiz.de/10013095995
Chinese case is analyzed as an introductory example. FDI has increased regional inequalities in China after the economic …
Persistent link: https://www.econbiz.de/10013089164
This paper studies the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much more significant impact can be expected in the next...
Persistent link: https://www.econbiz.de/10013089684
We provide an empirical analysis of host country determinants of Chinese outward FDI for the period 2003 to 2008, using data disaggregated by country and industry. We want to assess the relevance of market-seeking, resource-seeking and strategic asset seeking motivations suggested by the theory...
Persistent link: https://www.econbiz.de/10013112606
-sector gravity model with inter-sectoral linkages. We calibrate the model and perform a counterfactual analysis of China's WTO …-12% of the decrease in the world DVA ratio as observed between 2000-2007. For China, the counterfactual experiment robustly … replicates the increase in the DVA ratio, driven by the export-processing zones. Furthermore, our results imply that China's WTO …
Persistent link: https://www.econbiz.de/10012902861
capital stock is accounted for. Thus, the China-US trade balance should respond to real exchange rate and relative income …
Persistent link: https://www.econbiz.de/10012753166
This paper highlights the severity of China’s AD problems, and high concentration of AD actions taken by the top … initiators, noting that China can offer a higher level of economic integration in an RTA in exchange for improved regional AD … RTAs on mitigating China’s AD problems suggests that China could become more active in mitigating AD problems by RTA …
Persistent link: https://www.econbiz.de/10013315550
In this paper, we provide evidence that expanding firms tend to serve new markets which are geographically close and culturally related to their prior export destinations. We quantify the impact of this spatial pattern using a Chinese firm-level data set. To ensure an exogenous set of potential...
Persistent link: https://www.econbiz.de/10013315943
parties, the lack of a mechanism to force collective decision making in the negotiation, and their short time frame. The … (China, India, Russia, Brazil) on the other …
Persistent link: https://www.econbiz.de/10013316450