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Quid Pro Quo : Technology Capital Transfers for Market Access in China
Holmes, Thomas - 2014
Despite the recent rapid development and greater openness of China's economy, FDI flows between China and … technologically advanced countries are relatively small in both directions. We assess global capital flows in light of China's quid … model to data. We also find large welfare gains for China--and welfare losses for its FDI partners--from quid pro quo …
Persistent link: https://www.econbiz.de/10013063404
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China's Industrial Policy : An Empirical Evaluation
Barwick, Panle Jia; Kalouptsidi, Myrto; Zahur, Nahim - 2022
evaluate its welfare consequences. This paper examines an important industrial policy in China in the 2000s, aiming to propel … model of firm entry, exit, investment, and production, we find that the scale of the policy was massive and boosted China …
Persistent link: https://www.econbiz.de/10013324653
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Going Green in China : Firms’ Responses to Stricter Environmental Regulations
Fan, Haichao - 2019
This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences...
Persistent link: https://www.econbiz.de/10012858024
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Market Penetration Costs and the New Consumers Margin in International Trade
Arkolakis, Costas - 2008
I develop a new theory of marketing costs and introduce it into a model of trade with product differentiation and firm productivity heterogeneity. In this model, a firm enters a market if it makes profits by reaching a single consumer there and pays an increasing marginal cost to access...
Persistent link: https://www.econbiz.de/10012770681
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Tariff Reductions, Entry, and Welfare : Theory and Evidence for the Last Two Decades
Caliendo, Lorenzo - 2015
countries, in particular. Ten economies in our sample – including China, Hong Kong, India, Israel, Vietnam, and five more remote …
Persistent link: https://www.econbiz.de/10013010722
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Upstart Industrialization and Exports, Japan 1880-1910
Meissner, Christopher M. - 2017
Japanese exports between 1880 and 1910 increased massively in volume, changed composition, and shifted away from leading industrialized countries toward poorer Asian neighbors. The product mix also varied with the level of development of the destination, with new products and specializations...
Persistent link: https://www.econbiz.de/10012954913
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The Interaction and Sequencing of Policy Reforms
Asturias, Jose - 2016
In what order should a developing country adopt policy reforms? Do some policies complement each other? Do others substitute for each other? To address these questions, we develop a two-country dynamic general equilibrium model with entry and exit of firms that are monopolistic competitors. The...
Persistent link: https://www.econbiz.de/10013001790
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The Opportunity Costs of Entrepreneurs in International Trade
Kehoe, Timothy J. - 2016
We show that a trade model with an exogenous set of heterogeneous firms with fixed operating costs has the same aggregate outcomes as a span-of-control model. Fixed costs in the heterogeneous-firm model are entrepreneurs' forgone wage in the span-of-control model
Persistent link: https://www.econbiz.de/10012984777
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Multinational Expansion in Time and Space
Garetto, Stefania; Oldenski, Lindsay; Ramondo, Natalia - 2022
This paper studies the expansion patterns of the multinational enterprise (MNE) in time and space. Using a long panel of US MNEs, we document that MNE affiliates usually start with sales exclusively to the host market and eventually enter export markets, and that this extensive margin of...
Persistent link: https://www.econbiz.de/10014106399
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Accounting for Expectational and Structural Error in Binary Choice Problems : A Moment Inequality Approach
Dickstein, Michael - 2013
Many economic decisions involve a binary choice - for example, when consumers decide to purchase a good or when firms decide to enter a new market. In such settings, agents' choices often depend on imperfect expectations of the future payoffs from their decision (expectational error) as well as...
Persistent link: https://www.econbiz.de/10013075411