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We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows … enormous pool of domestic savings could have a significant impact on global financial markets as China continues to open up its … foreign portfolio allocations, Chinese IIs overweight sectors in which China has a comparative disadvantage. Moreover, Chinese …
Persistent link: https://www.econbiz.de/10012178659
during which time the US imposed a complete trade embargo on Vietnam. Following the lifting of trade restrictions in 1994, US … exports to Vietnam grew most in US States with larger Vietnamese populations, themselves the result of larger refugee inflows …
Persistent link: https://www.econbiz.de/10011518149
? To analyze this question, we study the case of Vietnam. Vietnam exported a total of $356B, making it the number 18 … exporter in the world in 2021. Recent studies show provinces in Vietnam with greater exposure to tariff reductions observe … exports propagated through domestic production linkages in Vietnam between 2010 and 2019. We find that direct exposure to …
Persistent link: https://www.econbiz.de/10014422578
Theory ; Vietnam ; field experiment …
Persistent link: https://www.econbiz.de/10009621801
Persistent link: https://www.econbiz.de/10002226214
Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...
Persistent link: https://www.econbiz.de/10011308400
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009787347
This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and emerging economies. It documents the role of diaspora networks in enhancing cross-border flows of goods, capital, and knowledge, eventually contributing to efficient...
Persistent link: https://www.econbiz.de/10011518125
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10003747653
We study the implications of financial-market imperfections on labor and capital misallocation in China. Financial … improving financial friction in China can lead to 3.9% welfare gain in China. …
Persistent link: https://www.econbiz.de/10012194241