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decades, whereas China's has been on a rising trend, yet the share of trade among Asian economies with the dollar zone …. One big dollar-zone economy that has been increasing its presence in Asia is China. However, China has been recently … making efforts to “internationalize” its currency, the yuan (RMB). Hence, if China succeeds in its internationalization …
Persistent link: https://www.econbiz.de/10012991684
We exploit the recent declassification of CIA documents and examine whether there is evidence of US power being used to influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of CIA interventions aimed at installing and...
Persistent link: https://www.econbiz.de/10013143469
of US-China bilateral retaliation on trade flows and welfare. One is a conventional Armington trade model with five … regions, the US, China, EU, Japan and Rest of the World, and calibrated to a global 2009 micro consistent data set. The other … is a modified version of this model with monetary non neutrals and including China's trade surplus as an endogenous …
Persistent link: https://www.econbiz.de/10013120993
other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …. Simulation results reveal that China will be hurt by TPP initiatives, but the negative effects are relatively small given the …
Persistent link: https://www.econbiz.de/10013106304
subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10013248423
country, single period numerical general equilibrium model which captures China and her major trading partners and examine the … outcomes of trade policy bargaining solutions (bargaining over tariffs and financial transfers) over time as China grows more … parameterizations. This yields a measure of both absolute and relative gain to China from bargaining. We calibrate our model to base …
Persistent link: https://www.econbiz.de/10013110936
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …
Persistent link: https://www.econbiz.de/10013035139
. Exploiting the exogenous component of rising trade with China and classifying legislator ideologies by congressional voting …
Persistent link: https://www.econbiz.de/10012982947
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
competitive devaluations. The sheer size of China, and its lower sterilization costs suggests that China may be the winner of a … and precautionary motives in the context of China may be challenged by a version of the quot;peso problem.quot; Hoarding …
Persistent link: https://www.econbiz.de/10012776454