Showing 1 - 10 of 45
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
sustainability of both China' export and overall economic growth may be questionable if inward FDI plateaus in the future …This paper presents assesses of the contribution of inward FDI to China's recent rapid economic growth using a two … Chinese economy. These enterprises account for over 50% of China's exports and 60% of China's imports. Their share in Chinese …
Persistent link: https://www.econbiz.de/10012466419
There is a growing recognition among public finance economists of the inappropriateness of closed economy models for analyzing alternative U.S. tax policies. In response to this, this paper reports on four different external sector specifications for the Fullerton-Shoven-Whalley general...
Persistent link: https://www.econbiz.de/10012478189
We discuss recent cases of Chinese buyout activity in the OECD (especially in the US and the EU) in resource and manufacturing sectors. While most of the buyout attempts have been unsuccessful, they can serve as a catalyst for a wider discussion on the implications for global arrangements over...
Persistent link: https://www.econbiz.de/10012466597
In this paper we analyze the link between corruption money laundering and round-trip investment via offshore jurisdictions utilizing Russian firm-level data. In particular we empirically explore location strategies of round-trip investors (namely, from Cyprus and British Virgin Islands) across...
Persistent link: https://www.econbiz.de/10012459644
In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies) was around 6%, or 2 percentage points above mean growth rates for the preceding 10 years. This period also coincided with significant Chinese FDI flows into these countries,...
Persistent link: https://www.econbiz.de/10012461114
This paper analyzes the relative importance of the major factors underlying the post-1978 increase in China …
Persistent link: https://www.econbiz.de/10012476921
This paper presents numerical simulation results that suggest that China can both reduce its trade imbalance and … switching is thus a possibility for China to receive a double benefit, rebalancing trade with a welfare gain. This has … export rebates are given. Previous VAT literature stresses the neutrality of tax basis switches, which simply reflect moving …
Persistent link: https://www.econbiz.de/10012461971
human capital to China's economic growth. The results indicate that human capital plays a much more important role in China … enrollment in China increased nearly fivefold between 1997 and 2007) while growth rates of GDP are little changed over the period … that there have been decreased in the efficiency of inputs usage in China or worsened misallocation of physical and human …
Persistent link: https://www.econbiz.de/10012462065
We document and discuss the implications of a sharp increase in the regional dispersion of skill premia in China in … of China's integration into the global economy plays a significant and regionally concentrated role in the second period …
Persistent link: https://www.econbiz.de/10012462082