Showing 1 - 10 of 576
In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China's cost … advantage in manufactures. This paper explores the evolution of China's relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China's unit labor costs fell, but since 2003 they have increased both absolutely and relative to US …
Persistent link: https://www.econbiz.de/10009301096
The cost of complying with a sanitary standard is certain. However, such regulatory measure is a source of uncertainty for exporting firms in relation to border rejections. Shipments may fail to pass inspections and may be refused entry into the importing country. We examine how the risk of...
Persistent link: https://www.econbiz.de/10011447532
We empirically examine how import competition affects sentiment toward China in local communities in the United States … turning negative. Second, communities more exposed to import competition from China have experienced a greater deterioration … using a news-based index for sentiment. Results are threefold. First, U.S. sentiment toward China peaked in 2007 before …
Persistent link: https://www.econbiz.de/10014514814
Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...
Persistent link: https://www.econbiz.de/10011619539
We document that observed international input-output linkages contribute substantially to synchronizing producer price inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange rates with international and domestic input-output...
Persistent link: https://www.econbiz.de/10011619669
Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor model and in a sample spanning up to 56 countries during the 1960-2023 period. Over the entire period, a first global factor explains approximately 58% of the variation in...
Persistent link: https://www.econbiz.de/10014551069
economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them … to the People Republic of China (PRC) and ASEAN for assembly by lower-skilled workers. The finished products are then … technology transfer to domestic firms and how a regional FTA could bring Asian producers and consumers together. Finally, it …
Persistent link: https://www.econbiz.de/10009571750
relationship between globalization and inequality in the transition countries including China and most countries of Middle and …
Persistent link: https://www.econbiz.de/10011789164
diversification, natural resources and technology. Chinese state-owned acquirers are similar to government-led acquirers from other … Made in China 2025 influence investment patterns of Chinese state-owned acquirers but not those of private investors …
Persistent link: https://www.econbiz.de/10011992349
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/10003833316