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China's government is promoting the shift towards a consumption-based economy since a few years. The explicit goal to … paper, we raise the hypothesis that soaring wages negatively affect FDI inflows to China and alter the distribution of FDI … direction of FDI inflows. By performing panel models with spatial effects for both Chinese provinces and developing ASEAN …
Persistent link: https://www.econbiz.de/10011517943
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the "Re-orient" approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10003896161
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the … leads FDI into the host economy to be about 60% higher for investment from outside the EU, and around 50% higher for intra …
Persistent link: https://www.econbiz.de/10012288695
high-spending but low-performing ASEAN member countries (Malaysia, Indonesia and Thailand) and two high performing Asian …
Persistent link: https://www.econbiz.de/10012193939
Since the 1980s, China's government has eased restrictions on internal migration. This easing, along with rapid growth … China, especially during the 1990s. However, other important economic and socio-political determinants of interprovincial … gravity model of interprovincial migration in China that includes as explanatory variables: migrant networks in the …
Persistent link: https://www.econbiz.de/10003597580
I examine the effects of globalization in countries where the employed workers support the unemployed and the governments control wages by regulating the workers' relative bargaining power. I use a general oligopolistic equilibrium model of two integrated countries with two inputs: labor and...
Persistent link: https://www.econbiz.de/10011596113
the United States called Opportunity Zones (OZs). The goal of this provision was to spur private investment in OZs in … the impact of OZs on commercial investment and economic activity. Using data on the universe of all significant commercial … investments in the United States, we find that OZ selection led to practically no increase in investment in OZs. These findings …
Persistent link: https://www.econbiz.de/10013187185
distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …
Persistent link: https://www.econbiz.de/10009656609
raising the extensive margin of processing exports in China for the period of 1997-2007. …
Persistent link: https://www.econbiz.de/10010128870
This paper exploits a quasi-natural experiment – the U.S. granting of Permanent Normal Trade Relations (PNTR) to China … after China's accession to the World Trade Organization – to examine whether trade liberalization affects the incidence of … child labor in China. PNTR permanently set U.S. duties on Chinese imports at low Normal Trade Relations (NTR) levels and …
Persistent link: https://www.econbiz.de/10011571939