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Cities, Heterogeneous Firms, and Trade
Bakker, Jan David; García Marín, Alvaro; Potlogea, … - National Bureau of Economic Research - 2024
Does international trade affect the growth of cities, and vice versa? Assembling disaggregate data for four countries, we document a novel stylized fact: Export activity is disproportionately concentrated in larger cities - even more so than overall economic activity. We rationalize this fact by...
Persistent link: https://www.econbiz.de/10014528416
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China's FDI and Non-FDI Economies and the Sustainability of Future High Chinese Growth
Whalley, John - 2006
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 … results indicate that China's FIEs may have contributed over 40% of China's economic growth in 2003 and 2004, and without this …
Persistent link: https://www.econbiz.de/10012466419
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Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery
Dooley, Michael P. - 2004
This paper sets out the political economy behind Asian governments' participation in a revived Bretton Woods System. The overriding problem for these governments is to rapidly integrate a large pool of underemployed labor into the industrial sector. The principal constraints are inefficient...
Persistent link: https://www.econbiz.de/10012468066
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Chinese Outwards Mercantilism – the Art and Practice of Bundling
Aizenman, Joshua - 2015
data and macroeconomic covariates, we find positive association of Chinese trade and financial flows with China's outward … strengthened by the provision of RMB swap-line agreements with China's trading partners. The evidences support the conjecture that …
Persistent link: https://www.econbiz.de/10012457577
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Exports and Slow Economic Growth in the Lower South Region, 1720-1800
Mancall, Peter C. - 2006
For the past generation scholars have emphasized that the Lower South was one of the most economically successful regions of British mainland North America, and perhaps the most successful. Planters, the primary economic actors, made extensive use of slave labor and created a successful...
Persistent link: https://www.econbiz.de/10012466624
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From Groundnuts to Globalization : A Structural Estimate of Trade and Growth
Broda, Christian - 2006
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012466154
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The Global Spatial Distribution of Economic Activity : Nature, History, and the Role of Trade
Henderson, J. Vernon - 2016
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
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Japanese and U.S. Exports and Investment as Conduits of Growth
Eaton, Jonathan - 1996
We develop a simple model of the choice between exploiting a technology in another country via export and via direct foreign investment. The model points to the destination country's size, level of technological sophistication, and distance from the source as factors in the decision. Moreover,...
Persistent link: https://www.econbiz.de/10012473405
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Foreign Direct Investments in Services and the Domestic Market for Expertise
Markusen, James R. - 2000
Producer services such as managerial and engineering consulting can provide domestic firms with the substantial benefits of specialized knowledge that would be costly in terms of both time and money for domestic firms to develop on their own. These intermediate services are often non-traded, or...
Persistent link: https://www.econbiz.de/10012471061
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Knowledge Spillovers, Trade, and Foreign Direct Investment
Keller, Wolfgang - National Bureau of Economic Research - 2021
I study knowledge spillovers, positive externalities that augment the information set of an economic agent, and reviews the evidence on such spillovers in the context of international economic transactions. Even though spillovers are by their very nature difficult to identify, over recent...
Persistent link: https://www.econbiz.de/10012510618