Showing 1 - 10 of 799
China's exchange rate policy in 2005 and 2010 and data on 6,050 firms in 44 countries. Renminbi appreciation has a positive … effect on firms exporting to China but little positive or even a negative impact on those providing inputs for China …'s processing exports. Stock prices rise for firms competing with China in their home market while falling for firms importing …
Persistent link: https://www.econbiz.de/10013118251
We document the market response to an unexpected announcement of proposed sales of government-owned shares in China. In …
Persistent link: https://www.econbiz.de/10012759554
This paper uses the segmented dual-class shares issued by several dozen Chinese firms---A shares to local Chinese investors and H shares to foreign investors---to compare reactions of local and foreign investors to the same public news. We find that local investors react more strongly to...
Persistent link: https://www.econbiz.de/10013024501
China's markets gained 3.86% around December 4, 2012, when the Party announced anti-corruption reforms. State …
Persistent link: https://www.econbiz.de/10012998417
up in a Dragon year. Using three recently collected micro data sets from China we show that those born in a Dragon year …
Persistent link: https://www.econbiz.de/10012949412
This paper studies the relationship between multinational firm proximity and the formation of new export connections by private Chinese exporters between 1997 and 2003. The results indicate that growth in the presence of multinational firms is positively associated with the formation of new...
Persistent link: https://www.econbiz.de/10012776460
Several Chinese cities have invested billions of dollars to construct new industrial parks. These place based investments solve the land assembly problem which allows many productive firms to co-locate close to each other. The resulting local economic growth creates new opportunities for real...
Persistent link: https://www.econbiz.de/10013019125
) can be affected by the movements in the center economies - the U.S., Japan, the Eurozone, and China. We apply a two …
Persistent link: https://www.econbiz.de/10013023347
We study the economics of international joint ventures with administrative data for China exploiting the change in … foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international …). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member …
Persistent link: https://www.econbiz.de/10012922982
Chinese rural industry has grown three times faster than national GDP, surpassing agriculture in size in 1987, and now nearing half of the total Chinese economy. We use a rich, new county-level data set to explore this dramatic growth. We find that a Cobb-Douglas production function explains...
Persistent link: https://www.econbiz.de/10012752888