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China has been growing at a spectacular rate in recent years, enabling per capita incomes to almost quadruple in only … the last decade and a half This paper identifies the sources of economic growth in China from 1953 to 1994. While capital … accumulation played an important role in China’s economic growth throughout the period, it is basically the sharp and sustained …
Persistent link: https://www.econbiz.de/10014398095
carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …
Persistent link: https://www.econbiz.de/10011799612
This paper assesses the sustainability of China''s export-oriented growth over the medium to longer term. It shows that …
Persistent link: https://www.econbiz.de/10014404301
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347
Persistent link: https://www.econbiz.de/10009756810
Persistent link: https://www.econbiz.de/10009615304
This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global firm-level dataset to examine the impact of import...
Persistent link: https://www.econbiz.de/10012605685
This paper extends earlier research by adding SWIFT data on documentary collections to the short-term forecast of international trade. While SWIFT documentary collections accounted for just over one percent of world trade financing in 2020, they have strong explanatory power to forecast world...
Persistent link: https://www.econbiz.de/10012794915
In this paper we demonstrate the importance of distinguishing capital goods tariffs from other tariffs. Using exposure to a quasi-natural experiment induced by a trade reform in Colombia, we find that firms that have been more exposed to a reduction in intermediate and consumption input or...
Persistent link: https://www.econbiz.de/10012251365
We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic...
Persistent link: https://www.econbiz.de/10011716658