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that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …
Persistent link: https://www.econbiz.de/10013137012
the new equilibrium. A quantitative application to China illustrates the practical relevance of the mechanisms in our …
Persistent link: https://www.econbiz.de/10013001209
-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led …We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that …
Persistent link: https://www.econbiz.de/10013152435
China's trade pattern is influenced not just by its overall comparative advantage in labor intensive goods but also by … geography. We use two variants of the Eaton-Kortum (2002) model to study China's local comparative advantage. The theory … predicts that China's share of export markets should grow most rapidly where China's share is initially large. A corollary is …
Persistent link: https://www.econbiz.de/10012759351
and industrial classification for the US. These comparisons clearly point in the direction of China having sharply lower …
Persistent link: https://www.econbiz.de/10013058696
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …
Persistent link: https://www.econbiz.de/10014256421
We assess the role of economic and security considerations in the currency composition of international reserves. We contrast the “Mercury hypothesis” that currency choice is governed by pecuniary factors familiar to the literature, such as economic size and credibility of major reserve...
Persistent link: https://www.econbiz.de/10012940799
Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be...
Persistent link: https://www.econbiz.de/10013129134
Governments rescue private companies partly to prevent other firms from gaining excessive market power. However, if failing firms exit, new entry may limit remaining firms' market power if there are potential entrants who can be as effective competitors as the firms leaving the market. We...
Persistent link: https://www.econbiz.de/10013131956