Showing 1 - 10 of 997
portfolios concentrated in sectors exposed to competition from China face an increase in non-performing loans after China's entry … financial channel amplifies the shock to firms already hit by import competition from China and passes it on to firms in sectors …
Persistent link: https://www.econbiz.de/10014250129
A striking feature of many financial crises is the collapse of exports relative to output. In the 2008 financial crisis, real world exports plunged 17 percent while GDP fell 5 percent. This paper examines whether deteriorations in bank health can help explain the large drops in exports relative...
Persistent link: https://www.econbiz.de/10012463093
This paper studies the effects of prohibiting individuals from holding foreign assets, and of allowing firms to trade in foreign assets only up to what is needed to finance export and import activities. Although firms can perform arbitrage between domestic and foreign financial markets, the...
Persistent link: https://www.econbiz.de/10012475933
This paper analyzes the financing terms that support international trade and sheds light on how and why these arrangements affect trade. Using detailed transaction level data from a U.S. based exporter of frozen and refrigerated food products, primarily poultry, it begins by describing broad...
Persistent link: https://www.econbiz.de/10012461566
We study the effectiveness of government aid to exporters by exploring an exogenous shock that affected the ability of the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers. We focus on Boeing, the largest individual recipient of...
Persistent link: https://www.econbiz.de/10014337795
We study the role of export credit agencies--the predominant tool of industrial policy--on firm behavior by using the effective shutdown of the Export-Import Bank of the United States (EXIM) from 2015-2019 as a natural experiment. We show that firms that previously relied on EXIM support saw a...
Persistent link: https://www.econbiz.de/10014468219
Large population / rapidly growing economies such as China and India have argued that in the upcoming UNFCCC …
Persistent link: https://www.econbiz.de/10012463280
In the paper we discuss China's participation in both the 2009 Copenhagen negotiations on a post-Kyoto global climate … change regime currently under way and out beyond Copenhagen in further negotiations likely to follow. China is now both the …. In the Copenhagen negotiation, there will be strong pressure on China to take on emissions reduction commitments and …
Persistent link: https://www.econbiz.de/10012464187
This paper examines the relative "sophistication" of China's exports to the United States along two dimensions. First …, I compare China's export bundle to those of the relatively skill- and capital-abundant members of the OECD as well as to … similarly endowed U.S. trading partners. Second, I examine prices within product categories to determine if China's varieties …
Persistent link: https://www.econbiz.de/10012466496
We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other … countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to … vary by region. China's rapid growth and attractions as a destination for FDI also encourages FDI flows to other Asian …
Persistent link: https://www.econbiz.de/10012467348