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subcontracting. `Illegal' trade between China and Taiwan has been induced by Taiwan's `no direct trade' policy. Illegal trade such as …China's trade has three features: high incidence of re-exports through Hong Kong, high degree of trade related to ….S. data and accounting for re-exports, the U.S.-China trade balance has to be lowered by 35 percent. Foreign investments in …
Persistent link: https://www.econbiz.de/10013233022
Conventional wisdom holds that lack of government commitment deters foreign investment in developing countries. Yet this explanation is not convincing because some econometric studies have found little support for the role of political risk and host governments can offer upfront subsidies that...
Persistent link: https://www.econbiz.de/10013232888
This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...
Persistent link: https://www.econbiz.de/10013070643
investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to … are organizational features, such as sourcing strategies. But the theory has gone beyond the individual firm, studying the …
Persistent link: https://www.econbiz.de/10013219328
Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion … between 2000 and 2007, and between Sub-Saharan Africa and China from $7 billion to $59 billion over the same period. China is … million in 1990 to $2.6 billion in 2006. On the basis of these data, one frequently hears the claim that China is now a …
Persistent link: https://www.econbiz.de/10012771826
We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …
Persistent link: https://www.econbiz.de/10013226168
This paper develops a quantitative model of internal city structure that features agglomeration and dispersion forces and an arbitrary number of heterogeneous city blocks. The model remains tractable and amenable to empirical analysis because of stochastic shocks to commuting decisions, which...
Persistent link: https://www.econbiz.de/10013049689
This paper studies the equilibrium determination of the number of political jurisdictions in different political regimes, democratic or not, and in different economic environments, with more or less economic integration. We focus on the trade off between the benefits of large jurisdictions in...
Persistent link: https://www.econbiz.de/10013232437
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
In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong … distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are … higher for differentiated products, products with higher variance in export prices, products sent to China for further …
Persistent link: https://www.econbiz.de/10013248230