Showing 1 - 10 of 1,537
We assess the impact of China's bilateral political relations with three main trading partners-the US, Germany, and the … approach with time-varying Granger causality tests, we find that political relationships with China strongly matter in …
Persistent link: https://www.econbiz.de/10014443830
Politicians travel extensively abroad, for various reasons. One purpose of external visits is to improve bilateral economic relations. In this paper, I examine the effect of state visits on international trade. I use a large data set covering the travel activities of the heads of state of...
Persistent link: https://www.econbiz.de/10003202927
This paper examines leadership in relation to supplying a global public good. Both the Kyoto Protocol and the Paris Agreement encourage the developed countries to take a lead in reducing emissions. Does a country benefit from taking a lead? When does leadership improve global welfare? The answer...
Persistent link: https://www.econbiz.de/10012509563
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/10012258300
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/10012533941
affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
Persistent link: https://www.econbiz.de/10012234514
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/10013455721
During the past two centuries, western nations have successively extended the voting franchise to citizens of lower income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other nations, as in a strategic game of international conflict...
Persistent link: https://www.econbiz.de/10011452800
In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy …
Persistent link: https://www.econbiz.de/10011987983
This paper develops a competition theory framework that evaluates an important aspect of the OECD's Harmful Tax Practices Initiative against tax havens. We show that the sequential nature of the process is harmful and more costly than a "big bang" multilateral agreement. The sequentiality may...
Persistent link: https://www.econbiz.de/10008697539