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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 … the distribution of FDI within China. In addition, we show that the changes in China's economic strategy improve the …
Persistent link: https://www.econbiz.de/10012985666
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/10013316917
(SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference …
Persistent link: https://www.econbiz.de/10013317362
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital...
Persistent link: https://www.econbiz.de/10013318130
How does foreign direct investment (FDI) liberalization shape structural transformation and demographic change in developing countries? We provide new evidence on this question using five waves of Chinese census data between 1990 and 2015, exploiting quasi-exogenous variation in FDI...
Persistent link: https://www.econbiz.de/10014357521
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth …
Persistent link: https://www.econbiz.de/10013325091
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or...
Persistent link: https://www.econbiz.de/10013130785
One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome households. Using household level data on...
Persistent link: https://www.econbiz.de/10013059685
The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...
Persistent link: https://www.econbiz.de/10012987688
Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations whilst international organizations (official lenders) condition future loans on the implementation of some policy action ('investment'). We build an...
Persistent link: https://www.econbiz.de/10013149943