Showing 1 - 10 of 12
We develop a new set of country-sector level indicators of Global Value Chains (GVCs) characteristics in terms of average production length, and relative "upstreamness" on a production network, which we argue are better than the existing ones in the literature. We distinguish production...
Persistent link: https://www.econbiz.de/10012455420
The rise of China in world trade has brought both benefits and anxiety to other economies. For many policy questions …. By our estimation, the share of domestic content in exports by the PRC was about 50% before China's WTO membership, and …
Persistent link: https://www.econbiz.de/10012464536
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
different cities within China, this paper investigates the contributing factors to China's rising export sophistication … the increased overlap between China's export structure and that of high-income countries. Instead, improvement in human … export structure. On the other hand, processing trade, foreign invested firms, and government-sponsored high-tech zones all …
Persistent link: https://www.econbiz.de/10012464875
We develop a unified framework to trace value added along global supply chains in the presence of foreign direct investment by decomposing either GDP based on forward linkages or final production based on backward linkages. The new framework accounts for the presence of foreign invested...
Persistent link: https://www.econbiz.de/10012660013
This paper generalizes the gross exports accounting framework, initially proposed by Koopman, Wang, and Wei (2014) for a country's aggregate exports, to one at the sector, bilateral, and bilateral-sector levels. Such a generalization requires a conceptual distinction between value added exports...
Persistent link: https://www.econbiz.de/10012458986
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...
Persistent link: https://www.econbiz.de/10012460081
With capital controls, the standard financial market transactions needed for currency carry trade are hard to implement. Using detailed trade data reported by both the mainland Chinese and Hong Kong's governments, we present evidence that indirect currency carry trade likely takes place via...
Persistent link: https://www.econbiz.de/10012814408
The United States imports intermediate inputs from China, helping downstream US firms to expand employment. Using a … total impact of trading with China is a positive boost to local employment and real wages. The most important factor is …
Persistent link: https://www.econbiz.de/10012480546
Using a sample of households in 48 Chinese villages for the period 1986-2002, this paper studies the dynamic effects of major health shocks on household income and the role played by village elections in mitigating these effects. Our results show that in the first 15 years after a shock, a...
Persistent link: https://www.econbiz.de/10012465975