This paper highlights the difference between statutory and effective tax rates in the value added tax in China, and … explores the role of administrative discretion in generating this difference. In China, unlike in Europe where the VAT … meet their plan. We discuss what the elements of administrative discretion in China's VAT are, and access a firm level data …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in … China, furthermore, appears to be close to the level associated with optimal speed of transition. …

textile and clothing products in conjunction with China's accession to the WTO as a quasi-natural experiment and utilize …

how this framework can generate changes in unemployment and labor participation that match those uncovered by the … empirical literature studying the "China shock." We find that the China shock leads to average welfare increases in most U ….S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U …

a leading emerging market, namely China, using difference-in-differences and GARCH approaches. Before the crisis China …

a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major …

We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business …