Showing 1 - 10 of 36
sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint … ventures have better export performance than private domestic firms in financially more vulnerable sectors. These results are …
Persistent link: https://www.econbiz.de/10012461752
The practice of sourcing service inputs from overseas suppliers has been growing in response to new technologies that have made it possible to trade in some business and computing services that were previously considered non-tradable. This paper estimates the effects of offshoring on...
Persistent link: https://www.econbiz.de/10012466745
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
explain this puzzle. From analyzing bank loan data associated with China's introduction of the Qualified Foreign Institutional …
Persistent link: https://www.econbiz.de/10012481499
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
In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms … of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern … globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the …
Persistent link: https://www.econbiz.de/10012467378
census of China's exports. Intermediaries account for around 20% of China's exports in 2005. This implies that many firms … their mode of export - either directly or indirectly through an intermediary. The model predicts that intermediaries will be …
Persistent link: https://www.econbiz.de/10012462946
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
Disparity between control and ownership rights gives rise to the risk of tunneling by the controlling shareholder, and is prevalent in many emerging market economies and present in some developed countries. At the same time, international investors come from different countries whose home...
Persistent link: https://www.econbiz.de/10012464925