Showing 1 - 10 of 1,159
Eastern European countries have experienced sharp declines in real GDP since 1990. One of the reasons for this decline is the Soviet trade shock, deriving from the collapse of the CMEA and of traditional export markets in the Soviet Union. This paper is an attempt to quantify the magnitude of...
Persistent link: https://www.econbiz.de/10012474863
This paper compares the responses of intra- and extra-firm trade to exchange rate changes. It does so both to inform the debate on whether these responses are qualitatively different and to improve understanding of the microfoundations of features of trade behavior such as long adjustment lags,...
Persistent link: https://www.econbiz.de/10012471788
their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …
Persistent link: https://www.econbiz.de/10012480153
1950 and 1957, the Soviet Union supported the "156 Projects" in China for the construction of technologically advanced … know-how, while others were eventually realized by China alone using domestic technology. We find that receiving both …
Persistent link: https://www.econbiz.de/10012696364
We investigate the phenomenon of trade re-allocations across countries as a result of the U.S.- China trade war. Using …, including products not targeted by U.S. tariffs on China. We are however the first to ask what seems to drive these trade ….S. tariffs on China. Second, we show that there is evidence of spillovers to similar non-targeted products: products in similar …
Persistent link: https://www.econbiz.de/10014437053
the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on …-level economic indicators, we find that this effect was driven by country-sector pairs most similar to their counterparts in China …" businesses and technology pioneered by China, and that a system where only rich countries lead in innovation could limit …
Persistent link: https://www.econbiz.de/10014512047
We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …
Persistent link: https://www.econbiz.de/10012471698
This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies … revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 … US-CHINA bilateral trade deficit in recent years reflected many factors. In our opinion, the two chief factors are (i …
Persistent link: https://www.econbiz.de/10012472213
market data. By estimating the effect of U.S.-China tariff announcements on aggregate returns and the differential returns of … firms exposed to China, we identify their effect on treated and untreated firms. We show theoretically and empirically that …
Persistent link: https://www.econbiz.de/10012481697
This paper studies the exporting decision of Chinese manufacturing firms. The economic framework stresses the dynamic decision by both state controlled and private entities to export in a model with labor adjustment costs. In this complex environment, a simple decision rule whereby export status...
Persistent link: https://www.econbiz.de/10012482507