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The China (Shanghai) Pilot Free Trade Zone : Background, Developments and Preliminary Assessment of Initial Impacts
Yao, Daqing - 2015
The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …
Persistent link: https://www.econbiz.de/10012457742
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An Evaluation of the Impact of the China (Shanghai) Pilot Free Trade Zone (SPFTZ)
Yao, Daqing - 2015
In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …
Persistent link: https://www.econbiz.de/10012457765
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Intermediaries in Entrepot Trade : Hong Kong Re-Exports of Chinese Goods
Hanson, Gordon H. - 2001
In this paper, we examine Hong Kong's role in intermediating trade between China and the rest of the world. Hong Kong … distributes a large fraction of China's exports. Net of customs, insurance, and freight charges, re-exports of Chinese goods are … higher for differentiated products, products with higher variance in export prices, products sent to China for further …
Persistent link: https://www.econbiz.de/10012470641
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Growth Policy, Agglomeration, and (the Lack of) Competition
Brooks, Wyatt J. - 2016
Industrial clusters are promoted by policy and generally viewed as good for growth and development, but both clusters and policies may also enable non-competitive behavior. This paper studies the presence of non-competitive pricing in geographic industrial clusters. We develop, validate, and...
Persistent link: https://www.econbiz.de/10012455733
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Foreigners Knocking on the Door : Trade in China During the Treaty Port Era
Keller, Wolfgang - 2016
factor costs, China's economic geography as it influences trade costs, as well as the degree of regional diversity in … China in the 19th century were relatively low …
Persistent link: https://www.econbiz.de/10012456786
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A Guide to Target Zones
Frenkel, Jacob A. - 1986
This paper identifies key issues surrounding the advisability and practicality of adopting "target zones" for the exchange rates of major currencies. Pour fundamental questions concerning the definition of and the rationale for target zones are addressed: first, what is generally meant by a...
Persistent link: https://www.econbiz.de/10012476956
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Kill Zone
Kamepalli, Sai Krishna - 2020
We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and entry in an industry (like that of digital platforms) where customers face switching costs and enjoy network externalities. The prospect of an acquisition by the incumbent platform...
Persistent link: https://www.econbiz.de/10012481729
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Do Some Enterprise Zones Create Jobs?
Kolko, Jed - 2009
We study how the employment effects of enterprise zones vary with their location, implementation, and administration, based on evidence from California. We use new establishment-level data and geographic mapping methods, coupled with a survey of enterprise zone administrators. Overall, the...
Persistent link: https://www.econbiz.de/10012463443
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Do Enterprise Zones Create Jobs? Evidence from California's Enterprise Zone Program
Neumark, David - 2008
We use new establishment-level data and geographic mapping methods to improve upon evaluations of the effectiveness of state enterprise zones, focusing on California's program. Because zone boundaries do not follow census tracts or zip codes, we created digitized maps of original zone boundaries...
Persistent link: https://www.econbiz.de/10012464117
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Zoning and the Political Economy of Local Redistribution
Fernandez, Raquel - 1993
This paper examines the effects of a zoning regulation on local redistribution in a multicommunity model. Each community chooses, by majority vote within the community, a property tax rate. The proceeds from this tax are then redistributed within the community on a per capita basis. Individuals...
Persistent link: https://www.econbiz.de/10012474490