Showing 1 - 10 of 19
Researchers constructing index number frequently face the problem of new (or disappearing) goods, for which the price and quantity are not available in some periods. In theory, the correct way to handle a new good is to treat its price before it appears as equal to the reservation price (i.e.,...
Persistent link: https://www.econbiz.de/10013228026
We examine the price and variety of products at the barcode level in cities within China and the United States. In both … countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of … follows that the cost of living for grocery-store products in China is lower in larger cities. We further compare the cost …
Persistent link: https://www.econbiz.de/10012963166
The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review … than an output-weighted measure of GDP. Taking all these together, we estimate that real per-capita GDP in China was 50 …
Persistent link: https://www.econbiz.de/10013112848
We analyze the effects of China's rapid export expansion following WTO entry on U.S. prices, exploiting cross … with reduced U.S. tariff uncertainty, expanded export participation. We find that China's WTO entry significantly reduced … comes from the entry of new Chinese exporters. China's WTO entry also led other countries exporting to the U.S. to lower …
Persistent link: https://www.econbiz.de/10012954464
gain due to merchandise exports was 3.7 million jobs. In comparison, U.S. merchandise imports from China led to reduced … from China over 1995-2011 created net demand for about 1.7 million jobs. Comparing the growth of U.S. merchandise exports …
Persistent link: https://www.econbiz.de/10012943197
Over the last three decades, the value of Chinese trade has approximately doubled every four years. This rapid growth has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a substantial importer of raw materials, intermediate...
Persistent link: https://www.econbiz.de/10012757882
This paper studies how a rise in China's share of U.S. imports could lower pass-through of exchange rates to U … exporters. The model predicts that certain conditions are necessary to facilitate this 'China explanation' for falling pass …-through regressions indicating how to include the China share. Panel regressions over 1993-1999 support the prediction that a high China …
Persistent link: https://www.econbiz.de/10012759674
Dooley et al (2003, 2004a,b,c) argue that China seeks to raise urban employment by 10-12 million persons per year, with … conclude that exports have become increasingly important in stimulating employment in China, but that the same gains could be …
Persistent link: https://www.econbiz.de/10012759747
opposite directions; and (ii) the accelerated relocation of production of US imports from East Asia to China …This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies … revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 …
Persistent link: https://www.econbiz.de/10013219694
In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary … services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides … China exported to the rest of the world. Our results suggests that gains to intermediary services provided by Hong Kong …
Persistent link: https://www.econbiz.de/10013221844