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deregulation in China. Such deregulation leads to higher screening standards, lower interest rates, and lower delinquency rates for …
Persistent link: https://www.econbiz.de/10012479745
Using new measures of expanded Internet access in China and internet-based search, we examine how competitive shocks … from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to … innovation competition using the geography of Chinese internet penetration and Chinese import data. Increases in the ability of …
Persistent link: https://www.econbiz.de/10012482450
-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led …We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10012461940
that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …
Persistent link: https://www.econbiz.de/10012462187
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that …
Persistent link: https://www.econbiz.de/10012463557
China's trade pattern is influenced not just by its overall comparative advantage in labor intensive goods but also by … geography. We use two variants of the Eaton-Kortum (2002) model to study China's local comparative advantage. The theory … predicts that China's share of export markets should grow most rapidly where China's share is initially large. A corollary is …
Persistent link: https://www.econbiz.de/10012464686
and industrial classification for the US. These comparisons clearly point in the direction of China having sharply lower …
Persistent link: https://www.econbiz.de/10012458765
We argue that inter-jurisdictional competition in a regionally decentralized authoritarian regime distorts local … presence of regional spillover and the incentive for political competition leads to biased resource allocations against the … political competition, they allocate less government procurement contracts to firms in the competing city; second, local firms …
Persistent link: https://www.econbiz.de/10013477272
The folk wisdom is that competition reduces agency costs. We provide indirect empirical support for this view. We argue …
Persistent link: https://www.econbiz.de/10012471296
We explore the effects of two kinds of competition on the cost of capital in the tax-exempt bond market: (1 …) competition amongst underwriters and (2) competition amongst issuers (most of which are quasi-public special authorities … sanctioned by state governments). The first kind of competition--essentially, competitive versus negotiated bidding processes …
Persistent link: https://www.econbiz.de/10012471428